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. | |||
It has been defined by one authority as "a large pool of money completely surrounded by people who want some". | |||
Revision as of 14:47, 4 June 2016
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".