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

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

What is a Foundation?

Broadly speaking, a foundation is a nonprofit corporation or a charitable trust that makes grants to organizations, institutions, or individuals for charitable purposes such as science, education, culture, and religion. There are two foundation types: private foundations and grantmaking public charities.

Topic(s) Foundation Giving Government Giving