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A foundation is a category of nonprofit organization or charitable trust that typically provides funding and support for other charitable organizations through grants, but may also engage directly in charitable activities. Foundations include public charitable foundations, such as community foundations, and private foundations, which are typically endowed by an individual or family. However, the term "foundation" may also be used by such organizations that are not involved in public grantmaking.
Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for for-profit enterprises.
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being.
A financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of financial, real estate, or other investments for a specific purpose according to the will of its founders and donors. Endowments are often structured so that the inflation-adjusted principal or "corpus" value is kept intact, while a portion of the fund can be spent each year, utilizing a prudent spending policy.
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A foundation in the United States is a type of charitable organization. However, the Internal Revenue Code distinguishes between private foundations and public charities. Private foundations have more restrictions and fewer tax benefits than public charities like community foundations.
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Laura Arnold is an American philanthropist and co-founder of Arnold Ventures LLC. In addition to serving as co-chair of Arnold Ventures, Arnold also hosts the podcast “Deep Dive with Laura Arnold” and serves as member of the Board of Directors for the REFORM Alliance, an organization that aims to transform probation and parole systems through legislative change. Prior to her work in philanthropy, she was a mergers-and-acquisitions lawyer and an executive at Cobalt International Energy.
Jacob Blaustein was an American entrepreneur, philanthropist, and diplomat who founded the American Oil Company with his father Louis Blaustein. Blaustein was an ardent supporter of human rights, the rights of Jewish people, and an advocate for multilateralism through the United Nations, serving as a United States delegate to the UN under five U.S. presidents.
References
- 1 2 "About the Baltimore Community Foundation". www.bcf.org. Archived from the original on 2021-08-09. Retrieved 2021-09-23.
- ↑ Kania, John, et al. Raising Money While Raising Hell. FSG Social Impact Advisors, Fall 2009, p. 2-3. Archived 2013-10-17 at the Wayback Machine
- ↑ Levi, Robert H. Interview with Suzanne Wolff. 28 February 1994.
- ↑ "BCF's Board of Trustees". www.bcf.org. Archived from the original on 2015-12-06. Retrieved 2019-10-30.
- ↑ "Staff of the Baltimore Community Foundation". www.bcf.org. Archived from the original on 2015-12-06. Retrieved 2019-10-30.
- ↑ BCF. "Grants". Baltimore Community Foundation. Retrieved 2021-09-23.
- ↑ "Baltimore Community Foundation's investment pool grew 16% last year". www.bizjournals.com. Archived from the original on 2021-05-07. Retrieved 2021-09-23.
- ↑ Shwe, Elizabeth. "Presiding Officers Appoint Members to Blueprint Accountability Board Nominating Committee". Maryland Matters. Retrieved 2021-09-23.
- ↑ "Sponsors – Central Maryland Transportation Alliance" . Retrieved 2019-10-30.
