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Glossary   >   P   >   "Private Operating Foundation" Definition            Private Operating Foundation A legal classification for an endowed organisation which uses its income to operate a charitable activity, such as a school or camp, rather than to make grants. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Private Operating Foundation - A legal classification for an endowed organisation which uses its income to operate a charitable activity, such as a school or camp, rather than to make grants.