philanthropic foundation
Wealthy donor's vehicle
A philanthropic foundation is an organization that uses private wealth to fund charitable causes.
Foundations typically receive money from individuals, families, or corporations and distribute it as grants to nonprofits, researchers, or community programs: The Gates Foundation funds global health initiatives.
Unlike charities that deliver services directly, foundations mainly give money to others who do.
- donor-advised fundsCharitable investment accounts for grants
- big donorsGenerous financial supporters
- matching giftEmployer-duplicated charitable donation
- board of directorsGoverning body of organization
- mission statementFormal declaration of purpose
beneficiaries · grantmaking · grant proposal · seed funding · endowment · donors · charity · bylaws · altruism · education reform · healthcare access · transparency · accountability · fiduciary duty · impact investing · social justice · poverty alleviation · strategic planning
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Private investment partnership
private equity firm · venture capital firm · investment bank · holding company · commercial enterprise
philanthropic foundationloan shark
Illegal high-interest moneylender
collection agency · debt collector · robber baron · kleptocracy · corporate raider
philanthropic foundationcartel
Price-fixing coalition
criminal enterprise · sweatshop · union buster · slum landlord · arms dealer
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