Difference Between Charity and Foundation

Charity vs Foundation

即使慈善和基础术语似乎相似，但这两个术语之间存在某些差异。在世界上，我们遇到了很多组织that are involved in social causes such as religious organizations and those that work to provide relief to people afflicted with deadly diseases. There are some that work for the uplift of the poor and illiterate while there are many that work to provide relief to people involved innatural disasterssuch as洪水and海啸。慈善机构和基金会就是两个这样的组织。慈善机构是已成立的组织，以协助有需要的人。基金会可以被视为从事资助不同组织（例如慈善机构）的组织。可以确定的一个重大差异是，尽管慈善机构需要从事筹款活动，但基金会却没有。对于我们大多数人来说，慈善机构和基金会在本质上看起来几乎相似，其功能和功能存在差异，本文将尝试突出显示。

是什么a Charity?

Charities are organizations that are actually involved in fundraising activities all the time and keep on receiving money from the general public, government as well as foundations that have the specific purpose of finalizing charities to distribute grants. A charity is grappling with the eternal paucity of funds to meet its expenses all the time. Out of all organizations involved in work related to public welfare, nearly half are charities. Fortaxpurposes, IRS classifies charities as all non-profit organizations that are not foundations. There are close to a million charities operating in the US at present. Private foundations generally help these charities by giving them grants. They do not interfere with the administration of the programs these charities indulge in. For an example let us take the case of a Charity organization that caters to the welfare of orphan children. In this Charity, there may be a large number of children who have become orphans due to war-related issues. Since it is a charity, it does not have a regular source of income to cater to the needs of the children. Hence, they have to engage in fundraisers. Even the majority of the staff can be volunteers and social workers. This highlights the nature of a charity. Now let us pay attention to a Foundation.

是什么a Foundation?

In general, private foundations have a fixed source of funding and they, in fact, provide money to other charities to carry out noble operations rather than on their own. The money they distribute is in the form of grants to different charities. A foundation is free of worries as it has a regular source of funding, unlike a charity. In sharp contrast to public charities, private foundations can be controlled by a single family or even an individual, for example, Bill Gates Foundation. Let us take the same example to understand the nature of a Foundation. Unlike a charity, a foundation has a fixed source of funding. Hence, it can help Charities such as orphanage welfare systems, disaster-related scenarios and various other instances where funding becomes necessary.

是什么the Difference Between a Charity and Foundation?

• 慈善机构和基金会参与公共福利计划
• 慈善机构管理这些计划，而基金会为他们提供资金
• Charities and foundations are taxed differentially by IRS
• Foundations have a fixed source of funding while charities are always grappling with paucity of funds and are actively involved in fundraising

Image Courtesy:

1.Charity_work by Karmen cute (Personally taken) [Public domain], viaWikimedia Commons

2.”Bill and Melinda Gates Foundation visitor center” by Adbar – [CC BY-SA 3.0], viaWikimedia Commons