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Stiftung Edith Maryon

 

Stiftung Edith Maryon is a Swiss non-profit foundation that takes real estate out of the ‘free market’ and makes it available, against relatively low tariffs, to people, social and cultural entrepreneurs, biodynamic farms and other initiatives that provide added social value.

 

The foundation was started by a circle of young people, who had been studying the social work of Rudolf Steiner for several years, and wanted to translate their ideas into practice.

The foundation uses loans, grants and inheritances to buy and keep houses and land. They are made available to users through rent or long-term lease. Users are asked to provide money for property acquisition. The incoming money is used to pay off loans and to acquire new property. In this way, property can be made debt-free and let for extra low rents. All property will always be owned by the foundation and will never be bought or sold again. Any remaining money is donated to various cultural and social causes.

 

In 2013, the foundation managed over 90 projects worth around 125 million Euros. An example of a project is the building complex “Die Mitte” in the centre of Basel, Switzerland. It houses various alternative businesses, a busy grand café for the alternative scene, offices for self-employed people, a non-profit restaurant and apartments for students and artists.

 

Last update: October 2014.

 

 
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Properties

Type of initiative Other (specify): Foundation that holds and manages real estate and provides it for social purposes
Field of work Services, other, Other (specify): Real estate
Date of commencement 1990
Founder(s) Michael Riggenbach, John Ermel, Christoph Langscheid
Legal form Stiftung (foundation)
Continent Europe
Country Switzerland
City Basel
One or several keywords that describe your initiative real estate, neutralization of property
Publications Annual reports, prospectus, various thematic brochures
More information
 

Contact person(s)

Ulrich Kriese, communications

 

Contact information

Name Stiftung Edith Maryon
Address Theaterstrasse 4
Zip/postal code CH-4001
Place Basel
State/province
Country Switzerland
Phone +41 61 263 0625
E-mail u.kriese@maryon.ch
Website www.maryon.ch

 

 

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