15.3.2021
News
Private wealth, tusts, foundations

The Vlček Family Foundation

On 10 March 2021, Katarína and Ondřej Vlček established the Vlček Family Foundation with the primary aim of supporting palliative care for children. The founders are investing CZK 1.5 billion in the foundation, which makes it one of the largest philanthropic projects of its kind in the Czech Republic. The Vlčeks outlined details about the Foundation in an interview on Reportér magazine’s podcast, on DVTV and in Deník N.

KSB’s team led by partner Vlastimil Pihera and tax advisor Simona Hornochová provided Mr. and Mrs. Vlček with legal and tax advice in relation to the foundation itself and other steps, as well as with the resulting structure for the construction and operation of a children’s hospice and an adjoining palliative care centre. We are proud to have had the opportunity to be involved in a project like this.

A year ago, the same KSB team provided similar advice to Dalimil and Hana Dvořák’s Experientia Foundation that was established to support the development of science, research and education in certain areas of chemistry and can also be considered one of the most important private philanthropic structures in Czech Republic.

KSB is currently involved in at least one other comparable private philanthropy project and intends, in line with the values that KSB honours, to further expand on its services in this area and to support long-term private philanthropic initiatives that will be increasingly needed in a changing society.

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