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What is the difference between a foundation and a trust?

April 26, 2017difference foundation Trust

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What is the difference between a foundation and a trust?

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I think of a trust as a sort of endowment: a permanent gift of money or property to a specified institution for a specified purpose. Endowments may finance physical assets or be invested to provide ongoing income to finance operations. The big difference, in my opinion, for the most part, a foundatino is actively seeking more and varied financial resources for a variety (broad range) of disbursements and uses, while a trust or endowment is not as aggressive in seeking funds, rather it sits on a principal distributing disbursements. A trust or an endowment can technically be a part of a foundation, however the opposite for the most part is not true.