Charitable foundation

From Citizendium
Jump to: navigation, search
This article is a stub and thus not approved.
Main Article
Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
 
This editable Main Article is under development and subject to a disclaimer.

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".