Association, cooperative society & foundation

The association, cooperative and foundation are legal entities, each with its own character.


An association consist of members and has an object, usually a non-commercial object, and focuses on the members’ common interests. Examples are sports, hobbies, leisure activities, interests, and social activities. The association may not distribute profits. In principle, the members are not liable for the association’s obligations towards third parties.


The cooperative has much in common with the association and also has members. The difference is that the cooperative meets the material needs of its members on the basis of agreements that the cooperative concludes with its members. The cooperative runs a business and may distribute profits. The articles of association must stipulate whether or not the members are liable for payment of any deficit to the cooperative.


A foundation is a non-member organisation that aims to achieve a statutory object by means of an allocated capital. That object can be a charitable or social object, but that does not need to be the case. The board is responsible for the affairs of the foundation. In practice, the articles of a foundation regularly establish a supervisory board and lay down the powers between the supervisory board and the management board.

Experience and specialisation

Hekkelman has extensive experience in this field and with dealing with these legal forms. As legislation in this field leaves much room to manoeuvre, articles of association can be tailor-made to perfectly suit the needs. This applies to both the establishment and amendment of the articles of associations, cooperatives and foundations.