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- Q7246201 subject Q7145038.
- Q7246201 abstract "A private foundation is a legal entity set up by an individual, a family or a group of individuals, for a purpose such as philanthropy or an object legal in the economic operation. The Bill & Melinda Gates Foundation is the largest private foundation in the U.S. with over $38 billion in assets. However, most private foundations are much smaller. Approximately two-thirds of the more than 84,000 foundations which file with the IRS, in 2008, have less than $1 million in assets, and 93% have less than $10 million in assets. In aggregate, private foundations in the U.S. control over $628 billion in assets and made more than $44 billion in charitable contributions in 2007.Unlike a charitable foundation, a private foundation does not generally solicit funds from the public. And a private foundation does not have the legal requirements and reporting responsibilities of a registered, non-profit or charitable foundation. Not all foundations engage in philanthropy: some private foundations are often used for estate planning purposes.".
- Q7246201 thumbnail Chart_of_a_foundation.jpg?width=300.
- Q7246201 wikiPageExternalLink index.html.
- Q7246201 wikiPageWikiLink Q1027.
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- Q7246201 wikiPageWikiLink Q34.
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- Q7246201 wikiPageWikiLink Q40.
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- Q7246201 wikiPageWikiLink Q7145038.
- Q7246201 wikiPageWikiLink Q7644624.
- Q7246201 wikiPageWikiLink Q778.
- Q7246201 type Thing.
- Q7246201 comment "A private foundation is a legal entity set up by an individual, a family or a group of individuals, for a purpose such as philanthropy or an object legal in the economic operation. The Bill & Melinda Gates Foundation is the largest private foundation in the U.S. with over $38 billion in assets. However, most private foundations are much smaller.".
- Q7246201 label "Private foundation".
- Q7246201 seeAlso Q19629395.
- Q7246201 depiction Chart_of_a_foundation.jpg.