Private Foundation - A foundation that receives most of its income from, and is subject to control of, an individual or other single or limited source. See Foundation. Also in the US, the technical IRS term for an organisation which is tax-exempt under Section 501(c)(3) and classified as a private foundation under the Internal Revenue Code. In the US, a private foundation is referred to as "having a 501(c)(3) status".
Private Foundation : a foundation that receives most of its income from, and is subject to control of, an individual or other single or limited source. see foundation. also in the us, the technical irs term for an organisation which is tax-exempt under section 501(c)(3) and classified as a private foundation under the internal revenue code. in the us, a private foundation is referred to as "having a 501(c)(3) status".
Private Foundation