PRACTICE AREAS

:: CHARITABLE FOUNDATIONS

WHAT DETERMINES A CHARITABLE FOUNDATION?

A foundation (also a charitable foundation) is a legal categorization of nonprofit organizations that will typically either donate funds and support to other organizations, or provide the source of funding for its own charitable purposes.

This type of non-profit organization differs from a private foundation which is typically endowed by an individual or family.

LEGAL REQUIREMENTS FOLLOWED FOR FOUNDATION ESTABLISHMENT »

Some of the above must be, in most jurisdictions, expressed in the document of establishment. Others may be provided by the supervising authority at each particular jurisdiction.

For More Information on Charitable Foundations, Call 303.776.3511