Another landmark philanthropy foundation set up by Kocian Solc Balastik
New Charity 3WFoundation Founded
After advising on setting up the Experientia Foundation, the Vlček Family Foundation, and the Via Libor Malý Foundation, KSB's team provided further legal and tax advice on another private philanthropy project.
This time, Vlastimil Pihera, Jakub Porod and Simona Hornochová advised on a record-breaking charity project: the founders of Walmark – brothers Adam, Mariusz and Valdemar Wałach – founded the 3WFoundation, in which they invested CZK 1.8 billion.
The foundation will mainly support projects with an empahsis on Christian values and initiatives in Central and Eastern Europe and help charities and charitable organizations working in social fields. It will focus on the Silesia region, where the Wałach brothers are from, and on the Polish minority in the Czech Republic, which they are part of.