[Foundation-l] Foundation vs. charity

[Fred Bauder]

> 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.
>
> Nemo

Actually, a trust or a corporation funded by a trust may not qualify as
non-profit; for a variety of reasons.

Fred