[Foundation-l] Foundation vs. charity

[Federico Leva (Nemo)]

Fred Bauder, 26/04/2011 21:08:
>> MZMcBride, 26/04/2011 21:22:
>>>  From a "New York Times" blog post about the use of the word
>>> "foundation"
>>> versus the use of the word "charity":
>>
>> Something to consider is that the WMF has a global audience. In Italian,
>> for instance, a translation for "charity" doesn't even exist: all
>> foundations are non-profit, have tax exemption etc.; there's no
>> distinction in Italy between "public" and "charitable" foundation.
>> By the way, English Wikipedia articles on the topic are very confusing.
>
> Actually, a trust or a corporation funded by a trust may not qualify as
> non-profit; for a variety of reasons.

Where?

Nemo