Last Friday, August 15, Vaugnity was finally listed in the Belgian Crossroads Bank for Enterprises (KBO), receiving its company number. However, we still had to wait for the official publication in the Belgian Official Gazette. On Friday, August 22, it finally happened: Vaugnity was published and formally recognized as a foundation of public utility.
This marks a significant milestone. Since signing the deed of incorporation before the notary on April 2, 2025, the journey has taken much longer than expected. The cause was not the preparation itself, but the administrative burden and slowness of the Belgian system: registrations, verifications, and publications dragged on for months. Still, we made it through — with persistence and patience.
Next steps: bank account and investment strategy
The next step is opening a bank account. For a foundation of public utility, this is not straightforward: it requires a personal interview at the bank, where the foundation is screened before an account can be approved. That meeting is scheduled for this Thursday.
In parallel, we are working on an investment strategy to ensure we can start right away once the account is active. Our goal remains unchanged: to generate sustainable passive income to support projects addressing modern slavery, hunger, lack of education, and poverty.
Digital resources: Google Grants
Alongside the financial steps, we are also moving forward digitally. We submitted an application for Google Grants, a program that provides free advertising budget to non-profits. Validation for this program runs through a third-party review of our official non-profit status, which is currently in progress.
Timeline so far
Here is a brief overview of the key moments in this journey:
- October 2024 – First conversations with the notary to explore the incorporation process
- April 2, 2025 – Deed of incorporation signed before the notary
- April 8, 2025 – Registration of the deed
- May 17, 2025 – Royal approval granted with the King’s signature
- August 15, 2025 – Vaugnity listed in the Crossroads Bank for Enterprises (KBO)
- August 22, 2025 – Publication in the Belgian Official Gazette, official founding completed
- August 28, 2025 – Personal interview at the bank to open the account
Looking ahead
After a long administrative road, we can now proudly say: the foundation is laid. In the coming weeks, we will take the first concrete steps toward launching Vaugnity’s activities.