[Wikipedia-l] Re: Bylaws V

Ray Saintonge saintonge at telus.net
Sun Jan 25 22:22:05 UTC 2004


Anthere wrote:

> Ray Saintonge a écrit:
>
>> Anthere wrote:
>>
>>> Section 1. POWERS. The powers of the corporation shall be exercised, 
>>> its properties controlled, and its affairs conducted by a Board of 
>>> Trustees to be comprised initially of five trustees. All trustees 
>>> must be active (contributing or volunteer) or life members of the 
>>> Foundation.
>>>
>>> What is the difference between a corporation and a foundation ? 
>>
>> "Corporation" is a broader term that includes "foundation".  More 
>> generally incorporation is what gives an organization the legal 
>> status to be treated as a person.  There is some variation in the use 
>> of the term "foundation" in various jurisdictions.  Here it seems to 
>> be used in the sense of a general non-profit corporation that is 
>> doing good for the benefit of the community.  In other places the use 
>> of the term "foundation" is restricted to those organizations whose 
>> primary function is the distribution of funds for charitable 
>> purposes, often as the result of a large bequest.
>
>
> Okay. So, I presume we can safely translate it as "association" 
> everywhere 

Yes "association" or "société" are both frequently used terms.

Ec




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