Credit Suisse unveils new service in support of tax-exempt foundations domiciled in Switzerland

Credit Suisse unveils new service in support of tax-exempt foundations domiciled in Switzerland

Charitable foundations domiciled in Switzerland to benefit from new dedicated solution for investment of foundation assets

(PRESS RELEASE) ZÜRICH, 10-May-2022 — /EuropaWire/ — Credit Suisse, a global wealth manager, investment bank and financial services firm, has announced the launch of a new service in support of charitable  tax-exempt foundations domiciled in Switzerland aimed at having their assets managed on a customized basis in line with their needs. The new “foundations mandate” will help trustees to perform their key tasks. With this move, the bank continues to expand its long-standing commitment to the Swiss foundations sector.

The new Credit Suisse offering is aimed at providing the best possible support to charitable foundations to enable them to pursue their individual goals. In this way, a foundation can have its assets professionally managed while taking into account factors such as risk tolerance and expected returns.

Investments that match a foundation’s purpose and values
The launch of this product – which is exclusively available to tax-exempt foundations – enables Credit Suisse to supplement its existing offering for foundations domiciled in Switzerland and at the same time further strengthens the bank’s overall support of the philanthropy sector. In addition to achieving a market-oriented return, the foundations mandate strives to address sustainability issues. This solution enables a foundation to invest capital in a way that matches its purpose and values, as well as meet the requirements for an investment strategy and at the same time achieve adequate risk mitigation – thereby securing the foundation’s longevity.

Win-win solution
There are around 14,000 charitable foundations based in Switzerland. Per capita, the country therefore has one of the highest concentrations of tax-exempt institutions in the world. “Switzerland is a global center for philanthropy. I’m delighted that our new offering will provide even greater support for charitable foundations as well as facilitate the work of many trustees. Our offering enables the pursuit of a charitable purpose through sustainable investment. It’s a win-win solution,” says André Helfenstein, CEO of Credit Suisse (Switzerland) Ltd.

Foundations face an increasingly challenging environment
Amid a difficult economic environment, foundations are likewise unable to avoid factors such as low interest rates and the resulting detrimental effect on their investment income as well as on the sustainability of their activities. Asset management is therefore accorded special attention. “Having the right investment strategy is more essential than ever to ensure foundations can maintain their activities and optimize their impact,” says Isabelle von Jeinsen, Head of the Competence Center Charitable Foundations at Credit Suisse. “For a long time, many charitable foundations tended to take a fairly passive approach to asset management. It is only due to challenging circumstances that awareness of a more active, progressive approach to financial matters has developed. We seek to build trusting relationships with our clients, with the emphasis not only on financial expertise but also on shared values and a common vision.”

Credit Suisse: A long-standing tradition in philanthropy
Credit Suisse has been committed to charitable foundations for over 20 years. Thanks to the many years of experience and expertise of its in-house specialists, the bank is ideally positioned to help foundations pursue their goals in an optimum manner. Launched in 2019, the Competence Center Charitable Foundations is a key element of the bank’s philanthropy offering and supports founders as well as trustees throughout a foundation’s life cycle. In collaboration with other experts within the bank, the team works to further develop Credit Suisse’s position in this area.

Further information about the new solution for charitable foundations can be found on our website:

Credit Suisse
Credit Suisse is one of the world’s leading financial services providers. Our strategy builds on Credit Suisse’s core strengths: its position as a leading wealth manager, its specialist investment banking capabilities and its strong presence in our home market of Switzerland. We seek to follow a balanced approach to wealth management, aiming to capitalize on both the large pool of wealth within mature markets as well as the significant growth in wealth in Asia Pacific and other emerging markets, while also serving key developed markets with an emphasis on Switzerland. Credit Suisse employs approximately 51,030 people. The registered shares (CSGN) of Credit Suisse Group AG, are listed in Switzerland and, in the form of American Depositary Shares (CS), in New York. Further information about Credit Suisse can be found at

This document was produced by and the opinions expressed are those of Credit Suisse as of the date of writing and are subject to change. It has been prepared solely for information purposes and for the use of the recipient. It does not constitute an offer or an invitation by or on behalf of Credit Suisse to any person to buy or sell any security. Any reference to past performance is not necessarily a guide to the future. The information and analysis contained in this publication have been compiled or arrived at from sources believed to be reliable but Credit Suisse does not make any representation as to their accuracy or completeness and does not accept liability for any loss arising from the use hereof.

Media contact:

Credit Suisse AG
+41 844 33 88 44



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