Charitable foundation: Difference between revisions
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A '''charitable foundation''' is an organisation with its own source of funding, set up to make grants to other organisations with charitable purposes, or to individuals who may qualify for charitable grants. | A '''charitable foundation''' is an organisation with its own source of funding, set up to make grants to other organisations with charitable purposes, or to individuals who may qualify for charitable grants. | ||
It has been defined by one authority as "a large pool of money completely surrounded by people who want some". | It has been defined by one authority as "a large pool of money completely surrounded by people who want some". | ||
Latest revision as of 16:35, 8 September 2020
A charitable foundation is an organisation with its own source of funding, set up to make grants to other organisations with charitable purposes, or to individuals who may qualify for charitable grants.
It has been defined by one authority as "a large pool of money completely surrounded by people who want some".