Company foundation/Definition: Difference between revisions
Jump to navigation
Jump to search
imported>Roger A. Lohmann No edit summary |
imported>John Dvorak m (Template:Def Company foundation moved to Company foundation/Definition: Moving_definition) |
(No difference)
| |
Revision as of 17:32, 22 May 2008
A foundation created by a business corporation out of company earnings or profits. (Tax law often allows corporations to donate a limited amount for such purposes). Distinct from a family foundation created by members of a family-owned business out of their own personal wealth.