An association represents the legal expression of a partnership of at least 3 persons (Romanian or foreign) who, on the basis of an agreement, jointly and without the right to restitute their material contribution, knowledge or contribution to work, to carry out activities in the general interest , community or, as the case may be, in their personal non-patrimonial interest.
Depending on the purpose of setting up the Association, there are several categories: Owners Associations, Cultural Associations, Educational, Humanitarian, Sports, Medical, Entrepreneurial, etc.
The foundation is made up of one or more persons who, on the basis of a legal act, constitute a permanently and irrevocably affected patrimony, the achievement of a general interest or, where appropriate, community interest.
The initial foundation of the association or foundation must include assets in kind or in cash, with a total value of at least 100 times the gross minimum wage of the association at the time of foundation. Exceptions are made by associations whose exclusive purpose is to carry out fundraising operations to be made available to other associations or foundations, in which case the initial patrimony may have a total value of at least 20 times the gross minimum wage in the economy.
Foundations are different from associations in terms of the objectives pursued: foundations can never be in the interest, be they non-patrimonial, of their founders.