Private Foundation

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DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF149
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A technical identifier, unique in a certain context. Technical key LF149
Language-specific name. Monolingual name Private Foundation (en)
Language-specific short name. Monolingual short name Pvt.Fdn. (en)
Informal and comprehensive human-readable definition of a concept. Description A nonprofit organization established by an individual, family, or group to support charitable, educational, or social causes. Private foundations are funded by a single source or a small group of contributors and distribute funds to other charitable organizations or directly implement programs aligned with their philanthropic mission. They operate independently, guided by their mission and governed by a board of directors or trustees.