Bank Account: IBAN: DE16360602950030079060/BIC: GENODED1BBE
(Dominican Province of St. Albert the Great in Germany and Austria) “Lumen Cordis Foundation”
Beginning of the draft of the foundation's statutes:
Foundation for the Promotion of Contemplative Spirituality
§ 1 Name, Legal Form, Registered Office
1.1 The foundation bears the name Lumen Cordis. Foundation for the Promotion of Contemplative Spirituality.
1.2 It is a foundation under civil law with legal capacity and a registered office in Ampfing.
§ 2 Purpose of the Foundation
2.1 The purpose of the foundation is to promote religion, in particular the promotion of contemplation, contemplative prayer and the development of contemplative spirituality, as well as interdisciplinary, interdenominational and interreligious exchange on these topics. It also promotes science and research, education and training, insofar as this is related and sufficient funds are available.
2.2 The foundation realizes its purpose by conducting its own projects or by supporting other tax-privileged entities or public-law entities that promote the aforementioned charitable purpose.
2.3 The foundation's own projects within the meaning of § 2.1 above may include, in particular:
· events on the theory and practice of contemplation as well as individual support for those interested,
· funding of events and publications of third parties related to contemplation as well as funding of participation in such events and publications by means of grants and scholarships,
· funding of training and further education of contemplation teachers or instructors by means of grants or
· funding of the development and operation of centers for the practice of contemplation, contemplative prayer and contemplative spirituality.
2.4 The foundation can also support social engagement and socially active institutions, provided that sufficient funds are available.
2.5 There is no legal entitlement to funding from the foundation. The decision on the realization of the purpose lies with the board of directors in accordance with these statutes.
§ 3 Non-profit status
3.1 The foundation exclusively and directly pursues non-profit and charitable purposes within the meaning of the section “Tax-privileged purposes” of the German Fiscal Code.
3.2 The foundation acts selflessly.
3.3 The foundation's funds may only be used for the purposes set out in the statutes. The foundation may not favor any legal or natural person by making payments that are not in line with the foundation's purpose or by paying unreasonably high remunerations.
§ 4 Foundation assets
4.1 The foundation's basic assets are derived from the foundation business.