What are nonprofit foundations and how do they benefit others?
Foundations are established to meet charitable goals by Giving grant money to individuals and supporting institutions
Foundations underwrite the ideas and dreams of others
Foundations generally do not actively or directly engage in actual charitable work
Nonprofit Foundations are listed under the Internal Revenue code as 501C3s:
CAUTION -- Before establishing a foundation … Know in advance all government tax requirements and limitations
SECOND – Spend some time reviewing and considering existing alternatives to creating a Foundation, - Like;