Many well-known entrepreneurs from Poland have established private foundations at the University of Liechtenstein, including: Zygmunt Solorz. Similar to Polish family foundations, foundations in Liechtenstein are established to safeguard personal assets and plan for succession. However, the requirements regarding its establishment and operation are greater. The foundation board consists of at least two members – individuals or legal entities. And at least one of the board members must be a licensed guardian service provider in Liechtenstein. This means that it must meet criteria such as: professional qualifications, experience, ethical standards.