A European political foundation, formally a political foundation at European level, informally a Eurofoundation, is a research and advocacy organization close to, but independent from a Europarty. They are funded by the European Parliament. Their purpose is to act as platforms aiming at developing forward-looking ideas and concepts for their respective political family and providing a forum where those ideas can be widely debated. There are nine Eurofoundations as of 16 March 2009.

This article's factual accuracy may be compromised due to out-of-date information. (April 2019)

As of 1 November 2008, the regulation governing Eurofoundations is Regulation (EC) No 2004/2003 of the European Parliament and of the Council of 4 November 2003,^[9] as later amended^[10] under codecision (see above). That regulation's European Commission factsheet is given here.

Their total allocated funding for 2008 is €5,000,000.^[6]

Ten pilot Eurofoundations were set up in 2007/8, nine of which are still in existence as of 16 March 2009. They are as follows:

It was reported on 1 November 2008 that Declan Ganley had registered a company in Dublin called the Libertas Foundation Ltd^[13] and that it was intended "to act as a European Political Foundation for the Libertas Party".^[13] Ganley attempted to get EU recognition and funding of €111,000 for the Libertas Foundation in February 2009,^[14] but the attempt was rejected^[14] because its board members were all from one member state^[14] and the foundation name was the same as the aspirant Europarty^[14] also founded by Ganley. The same meeting of the Bureau of the European Parliament that rejected the Libertas foundation but (momentarily) recognised the Libertas party also defunded the Alliance of Independent Democrats in Europe (AIDE).^[14]

The foundation affiliated to the newly created Alliance of European Conservatives and Reformists is New Direction.

• European political party