Corporate Foundation
From PhilanthropyWiki
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Corporate Foundation Definition
A Corporate Foundation receives its income from the profit-making company whose name it bears, but is established as a separate legal entity, usually with a permanent endowment. They often receive staff contributions and/or contributions from company profits on a regular basis. Company-sponsored foundations are different from corporate giving programs which give grants direct to charities and are usually administered through the company's corporate affairs or public relations department.
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