[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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