The final steps: Vaugnity's incorporation and first software company

It’s been a long journey since we started searching for the right notary to incorporate Vaugnity. As I shared in our previous update, finding a notary with the right expertise in public foundations wasn’t straightforward. However, after months of research and discussions, we finally found a notary in Antwerp who understands the complexities of setting up a foundation like ours.

Right now, we are in the final stages of drafting and reviewing the statutes. This is a crucial step, as these legal documents will define Vaugnity’s mission, governance, and long-term financial sustainability. We’ve also secured initial funding, ensuring that we can hit the ground running as soon as we officially incorporate.

If everything goes as planned, by the end of this month, we should have a confirmed incorporation date. That means we’ll soon be heading to the notary’s office to sign the final documents and officially launch Vaugnity.

A book that changed my perspective

During this process, I also took time to dive into a book on building high-impact foundations. The insights I gained from this book have been invaluable. It provided a detailed framework on:

• Structuring foundation funding to ensure long-term sustainability.
• Selecting the right projects to support.
• Determining grant eligibility and maximizing impact.

This reading experience has sharpened my understanding of how we can make Vaugnity a truly impactful foundation, capable of funding the most meaningful and effective projects.

What comes next: The first software company

Vaugnity’s goal has always been to create a self-sustaining financial model, rather than rely on donations alone. That’s why, immediately after incorporation, we will found our first software company.

This company will be built around a business model that directs the majority of its profits to Vaugnity, creating a steady and sustainable funding stream for the foundation. This aligns with the strategy I shared last year—establishing a SaaS company as one of Vaugnity’s key financial pillars.

Looking ahead

This is an incredibly exciting time. In just a few weeks, we will take one of the biggest steps yet toward making Vaugnity a reality. Our vision is finally coming to life, and soon, we’ll not only have a fully incorporated foundation but also our first company dedicated to funding impactful projects.

I’ll share another update once we finalize the incorporation date. Until then, we continue refining our statutes, preparing for the official signing, and getting ready to launch our first software venture.