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Glossary > C > "Corporate Foundation" Definition

Corporate Foundation

A foundation that receives its income from a profit-making company but is a legally independent entity. Usually this type of foundation carries the name of the parent company. Corporations may fund these foundations with a donation of permanent assets or with periodic contributions. (Also called a company-sponsored foundation)

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Corporate Foundation - A foundation that receives its income from a profit-making company but is a legally independent entity. Usually this type of foundation carries the name of the parent company. Corporations may fund these foundations with a donation of permanent assets or with periodic contributions. (Also called a company-sponsored foundation)

Corporate Foundation : a foundation that receives its income from a profit-making company but is a legally independent entity. usually this type of foundation carries the name of the parent company. corporations may fund these foundations with a donation of permanent assets or with periodic contributions. (also called a company-sponsored foundation)