charitable foundation
Nonprofit giving entity
A charitable foundation is an organization established to fund philanthropic causes, typically through grants to other nonprofits rather than direct services.
Foundations may be endowed by wealthy individuals or families (the Gates Foundation), corporations, or communities.
They receive tax benefits in exchange for dedicating resources to educational, scientific, religious, or other public purposes.
- tax exemptionFreedom from governmental levies
- tax write-offExpense reducing taxable income
- donationVoluntary charitable gift
- good causeCharitable aim deserving support
- board of directorsGoverning body of organization
education · grant · grant proposal · matching gift · healthcare · donor-advised fund · endowment · seed money · disaster relief · fiduciary duty · mission statement · stakeholder engagement · impact assessment · strategic planning · community development · giving back · poverty alleviation · arts and culture
- clubs and societieshistorical society, neighborhood association, alumni association, fraternal order, book club
- investment fundsmutual funds, mutual fund, hedge funds, index fund, index funds
- waqfendowment, inalienability
charitable foundationcommercial enterprise
Profit-seeking organization
private equity firm · hedge fund · holding company · venture capital firm · multinational corporation
charitable foundationloan shark
Illegal high-interest moneylender
debt collector · payday lender · collection agency · tax haven · slush fund
charitable foundationsweatshop
Exploitative manufacturing workplace
robber baron · loan shark · slumlord · slum landlord · profiteer
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