Structure

Two entities, two purposes

Nadácia G Institute

Public-benefit research foundation. Its remit is collaborative and pre-competitive research and technology transfer. It carries out no economic activity. Operator of this website.

Legal formFoundation (nadácia) under Act No. 34/2002 Coll. on Foundations
RegisterRegister of Non-Governmental Non-Profit Organisations
Company ID (IČO)56558686
SeatMlynské Nivy 5, 821 09 Bratislava, Slovakia

G Institute s. r. o.

Limited liability company. Carries out applied research and development in artificial intelligence and technical sciences, software development and systems integration for first industrial deployment with industrial partners. Company page →

Legal formLimited liability company (spoločnosť s ručením obmedzeným)
RegisterCommercial Register of the City Court Bratislava III, Section Sro, Insert No. 190957/B
Company ID (IČO)57 156 476
SeatMlynské Nivy 5, 821 09 Bratislava, Slovakia

Nadácia G Institute

How the foundation is governed

The foundation is governed by Act No. 34/2002 Coll. on Foundations and by its founding deed of 28 August 2024.

Board of trustees

The foundation’s highest body (správna rada). Three members appointed for three-year terms. Membership is unpaid, and members may not receive funds from the foundation. The board approves the annual budget, decides on the use of the foundation’s assets and elects the administrator and the supervisor.

Administrator

The statutory body (správca nadácie). Manages the foundation’s activities, acts on its behalf and reports to the board of trustees at least once a year.

Supervisor

The control body (revízor). Checks the foundation’s accounting and its compliance with the law and the founding deed, approves the financial statements and the annual report, and reports any shortcomings to the board of trustees.

The founding deed is available on request.

Accountability

Use of assets and reporting

No distribution of surplus

The foundation does not pursue profit. Any surplus is used only for its public-benefit purpose and is not distributed to the founder, the members of its bodies or any other person.

Separate records

The foundation’s administrative costs are recorded separately in its accounts, as the founding deed requires.

Annual reporting

The foundation prepares an annual report by 30 June each year and files it in the public part of the Register of Financial Statements by 15 July.

Relationship between the entities

Separation and arm’s-length terms

01

Separate legal entities

Nadácia G Institute and G Institute s. r. o. are separate legal entities.

02

No economic activity in the foundation

The foundation carries out public-benefit research and no economic activity. Its accounts are kept separately from those of the company. Should the foundation undertake economic activity in future, that activity and its costs, funding and revenues will be accounted for separately.

03

Market terms

The foundation does not fund the company’s commercial activities. Any transfer of results, services or rights between the two takes place on market terms and is documented.

04

Separate public funding

Each entity applies for and manages its own public funding. Grant activities and their costs are kept separate between the two entities, and no cost is claimed from more than one source.

Results

Research results and knowledge transfer

Foundation research. Results of the foundation’s research are published openly by default.

Publicly funded work of the company. Results are disseminated and made available to third parties in line with the rules of the funding programme, including licensing on fair, reasonable and non-discriminatory terms where those rules require it.

Personal data

Data protection

Nadácia G Institute is the controller of personal data processed through this website. Enquiries about industrial or commercial development are shared with G Institute s. r. o. so that it can respond to them. Details are set out in the privacy notice.