Foundations are managed by a foundation council, which is similar to a board of directors. We act as council members for many of our clients’ foundations, commonly to ensure that the correct level of governance is maintained.
PTCs have a board of directors who are responsible for the management of the trust. We act as directors of the PTC for a number of our clients’ trusts and can also act as directors of any underlying companies, where appropriate. This role brings with it significant responsibilities in order to ensure that each trust and its assets are managed appropriately.