Concept · Programs and community

Philanthropic foundation

Also called: foundation, family foundation, private foundation, charitable foundation, philanthropy, philanthropic funder

An organization that gives money to causes it wants to advance, such as education or a city's economy. In some cities, foundations pay for the programs that support founders, which is why many of those programs cost nothing to join.

For example: A founder joins a free accelerator and learns that a local foundation pays for the staff, the space and the coaching.

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