Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is a foundation? Is it the same thing as a charity?

April 26, 2017charity foundation thing

0

Posted

What is a foundation? Is it the same thing as a charity?

1 Answer

0

Posted

A foundation is a nonprofit corporation or a charitable trust, with the purpose of making grants to unrelated organizations or institutions or to individuals for scientific, educational, cultural, religious, or other charitable purposes.