Vaduz
The headquarters of the Onassis Foundation
In accordance with the wishes of Aristotle Onassis, the Onassis foundation is headquartered in Vaduz, Liechtenstein. In December 1975, two separate organizations were established in this principate situated between Austria and Switzerland: A Business Foundation pursuing purely commercial interests, and a Charitable Foundation working solely for the public benefit. This structure ensures that the business activities of the former are kept entirely separate from the efforts of the latter.
The Business Foundation is active in shipping and other industries, and the Public Benefit Foundation is its sole beneficiary. In accordance with the will of Aristotle Onassis, the Public Benefit Foundation receives around 40% of the Business Foundation’s annual net profits, with the remaining 60% being reinvested each year. The Onassis Foundation’s Board of Directors regularly convenes for meetings at the Foundation’s headquarters in Vaduz, Liechtenstein.