Grantmaking Foundation
/ˈɡræn(t)ˌmeɪ.kɪŋ faʊnˈdeɪ.ʃən/
Definitions
- (n.) A nonprofit organization established to distribute grants to support charitable, educational, or social purposes.
The grantmaking foundation awarded funds to local nonprofits improving community health.
Forms
- grantmaking foundation
- grantmaking foundations
Related terms
See also
Commentary
Typically distinguished from operational foundations by their primary role in awarding grants rather than running programs directly.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.