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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.

Knowledge base

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

Candid 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.

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.

Knowledge base

How can my organization find other grantmakers or potential grantees working in our areas of interest?

It is always a good idea to know about other organizations and funders working in the same areas as you. You may wish to collaborate, check out an innovative program, or model a grant after another organization’s efforts. This is also a good way to connect with thought leaders in your areas of interest.

Knowledge base

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

Recursos en español: 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.

Knowledge base

¿Qué es una fundación?

Recurso en español: 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.