Private Foundation
DataModel:CDQ/Business Partner/Legal Form/Legal Form Category/LF149
| Property | Value |
|---|---|
| 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. |