On Tue, Apr 26, 2011 at 3:05 PM, Fred Bauder fredbaud@fairpoint.net wrote:
Foundation is not a legal term
"Private foundation" is one, though, and it is one that is contrasted with "public charity".
http://www.law.cornell.edu/uscode/html/uscode26/usc_sec_26_00000509----000-.... http://www.irs.gov/charities/charitable/article/0,,id=137894,00.html