4 Types of Foundations
Currently there are four types of charitable foundations working for the benefit of mankind. A foundation is basically a registered charity by another name.
According to Wikipedia "A foundation (also a charitable foundation) is a category of nonprofit organization or charitable trust that will typically provide funding and support for other charitable organizations through grants, but may 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. The term "foundation" though may be used by organizations not involved in public grant making." See wikipedia.org for more detailed information.
To see the difference between private foundations and public charities the website investopedia.com gives us a better understanding.
Across the planet many countries' charitable foundations have arisen to fulfill their chosen projects. This site worldatlas.com gives us a list of the wealthiest foundations worldwide. Also, if you go to wikipedia.org the site will give added information about the many foundations that exist today.
It's common knowledge that many celebrities in film, music and sports are also very charitable and have created foundations. However, many of us do not know their names and what these foundations actually do. Here are some websites that have taken the time to mention celebrities and their charitable work. See what good works your favorite celebrity is supporting. As fans of these celebrities, we appreciate that they give back to society.
Corporations also feel a duty to give back and in the eyes of the public this is great PR and equally good business practice. The wikipedia site wikipedia.org lists 40 of the world's corporate charitable foundations.
The site fortune.com features the 20 most generous companies of the Fortune 500. When governments reduce their presence by cutting budgets, we hope we can rely on some of these companies to fill the slack.
Usually when a president of the United States ends his term (or even during his term), a foundation is created in his name. The foundations do a variety of work creating the presidential libraries, and many activities that benefit the American public.
Normally we would include a past president in this list — you be the judge: wikipedia.org.
- obama.org
- bushcenter.org
- clintonfoundation.org
- georgeandbarbarabush.org
- geraldrfordfoundation.org
- cartercenter.org
- reaganfoundation.org
There will eventually be a Joe Biden Foundation. There are older Presidential foundations that have left lasting legacies, and we are grateful they exist. We also must include all world leaders past and present who have set up foundations in their respective countries.
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General & World Foundations
"Based on the latest data, who are the top 10 wealthiest foundations in the world today, and what are their primary focus areas?"
"Can you explain the key differences between a private foundation and a public charity in more detail?"
"What is the total estimated global asset value of foundations started by ultra-high-net-worth individuals?"
Celebrity Foundations
"Tell me more about the specific charitable work and impact of foundations started by celebrities like Paul Newman, Michael J. Fox, or Leonardo DiCaprio."