In addition to adapting the national tax and foundation law to the European Union Treaty, Europe should give foundations and founders opportunities for the creation of the European Foundation-instrument adequate for Europe citizens. Increasing challenges and the global crisis are forcing the use the new solutions of international character. Today, the European Union citizen can enjoy the freedom of capital flow (from one country to another), the freedom of unrestrained settlement, can establish European cooperative, and joint stock company, but so far can not realize charitable purposes at the European level. Many founders (individuals and businesses) have the assets and operate within many countries; they also want to develop their charitable activities at the international level. Distinct diversity of foundation law in Europe, affects the foundation activities exceeding the borders of countries (regarding tax law in particular). The European Union citizen should get an instrument of civil engagement and participation in European ideas. The European Foundation should be a new instrument of international cooperation. It is, by no means, about an impossible and aimless attempt to harmonize or abolish national foundation law.