ABSTRACT
In this chapter, we provide an overview of the role and functioning of traditional charitable foundations in Switzerland. Building on this, we examine the opportunities and risks of digital transformation in foundations by drawing on insights from the private sector. We further examine how digital transformation can take place within foundations, looking in particular at foundations’ organizational structure and the value alignment with foundations’ purpose. We then discuss AI adoption across sectors and related opportunities, before looking at how digitalized foundations can adopt AI to support their activities and organizational processes. In addition, we assess AI risks in the context of charitable foundations, taking into account measures to safeguard against them by leveraging industry best practices. Lastly, we summarize the results and analyze how foundations can position themselves successfully in this ever-changing environment.
