Foundation vs Association in Bulgaria: Which Non-Profit Structure Fits Better?
Short answer
An association is usually stronger where members, voting, and ongoing governance matter. A foundation is usually stronger where a founder wants a purpose-led structure built around assets or mission rather than a membership base.
Comparison table
| Question | Association | Foundation |
|---|---|---|
| Core logic | Member-based | Asset / purpose-based |
| Best fit | Communities, clubs, industry groups | Philanthropy, family purpose, donor logic |
| Main mistake | Using it as a disguised trading company | Using it where membership governance is needed |
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