Knowledge Base

What is a Foundation?

A foundation is a non-governmental entity that is established as a nonprofit corporation or a charitable trust, with a principal purpose of making grants to unrelated organizations, institutions, or individuals for scientific, educational, cultural, religious, or other charitable purposes.

Topic(s) Foundation Giving Government Giving

Knowledge Base

What is the difference between a private foundation and a public charity?

Foundation Center defines a private foundation as a nongovernmental, nonprofit organization having a principal fund managed by its own trustees or directors. Public charities generally derive their funding or support primarily from the public, receiving grants from individuals, government, and private foundations. Grantseekers should know the difference.

Topic(s) Foundation Giving

Knowledge Base

How do I learn about dissolving a private foundation?

Most foundations are set up to have a perpetual life-span, spending out only the interests from their investments while keeping the initial endowment intact. Other foundations choose to have a limited life-span. Regardless of the reason for the termination, foundations dissolve by "spending down" their assets in compliance with both state and federal law.

Topic(s) Foundation Giving Starting a Nonprofit

Knowledge Base

What is a giving circle?

According to the Forum of Regional Associations of Grantmakers' More Giving Together, a giving circle "is formed when individuals come together and pool their dollars, decide together where to give the money (and other resources such as volunteer time), and learn together about their community and philanthropy."

Topic(s) Foundation Giving Individual Giving

Knowledge Base

¿Qué es una fundación comunitaria? ¿Dónde se consigue información acerca de este tipo de fundación?

Una fundación comunitaria es una entidad pública filantrópica dentro del sector no-gubernamental que responde a las necesidades diversas de en una zona geográfica en particular. Sus recursos financieros provienen de múltiples fuentes, incluyendo de filántropos que ponen en manos de las fundaciones comunitarias sus bienes caritativos.

Topic(s) Foundation Giving

Knowledge Base

¿Qué es una fundación?

En Estados Unidos cuando se utiliza el término "foundation" o fundación, se refiere en casi todos los casos a una organización sin fines de lucro incorporada o un fideicomiso cuyo propósito principal es la actividad filantrópica, es decir el de proporcionar apoyo financiero o técnico a otras organizaciones, instituciones, o particulares.

Topic(s) Corporate Giving Foundation Giving