a tax-exempt, not-for-profit corporation through which a corporation organizes and channels its philanthropic giving

The philanthropic arm created by a corporation to deal with requests for contributions from whatever agencies - locally, regionally or nationally.

A corporate (company-sponsored) foundation is a private foundation that derives its grantmaking funds primarily from the contributions of a profit-making business. The company-sponsored foundation often maintains close ties with the donor company, but it is a separate, legal organization, sometimes with its own endowment, and is subject to the same rules and regulations as other private foundations.

A company-sponsored foundation that derives grantmaking funds primarily from the contributions of a for-profit business. The company-sponsored foundation often maintains close ties with the donor company, but it is a separate, legally recognized organization, sometimes with its own endowment. A corporate foundation is subject to the same rules and regulations as other private foundations.

See company-sponsored foundation.

n. a private foundation, funded by a profit-making corporation, whose primary purpose is the distribution of grants according to established guidelines.

A foundation that receives its income from a profit-making company but is a legally independent entity. Usually this type of foundation carries the name of the parent company. Corporations may fund these foundations with a donation of permanent assets or with periodic contributions. (Also called a company-sponsored foundation)

A type of foundation that receives its income from the profit-making company whose name it bears but is legally an independent entity. Corporations may fund these foundations with a donation of permanent assets or give periodic contributions based on a percentage of the company's profits. (Also known as a company-sponsored foundation.)

Company-sponsored foundation: A private foundation whose assets are derived primarily from the contributions of a for-profit business. While a company- sponsored foundation may maintain close ties with its parent company, it is an independent organization with its own endowment and as such is subject to the same rules and regulations as other private foundations.