The European Law Institute’s (ELI) project Enterprise Foundations in Europe began in 2023. The goal was clear: to create a modern and flexible legal framework for enterprise foundations—foundations that own businesses while pursuing long-term societal benefits
In September 2025, the ELI Council approved the model law co-created by the working group, which can be downloaded here: 
ELI_European_Enterprise_Foundations_Model_Law.pdf
The working group on enterprise foundations hosted by the ELI is now studying the positive impact this framework will have in the coming years.