private foundation

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Word: Private Foundation

Definition: A private foundation is a type of charity that is usually set up by a single person or a family. It does not get most of its money from the public, like donations from many people. Instead, it often has a large amount of money from one source, like a wealthy individual or family, and uses that money to give grants to help others or support certain causes.

Usage Instructions:

• Type of Speech: Noun
• How to Use in a Sentence: You can use "private foundation" when talking about charitable organizations, especially to highlight their funding sources.

Example:

• "The Smith Family Private Foundation provides scholarships for students in need."

Advanced Usage:

• When discussing philanthropy, you might say, "Many private foundations focus on specific areas such as education, health, or environmental conservation."

Word Variants:

• Foundation (noun): Refers to the base or starting point of something, or can also refer to other types of charitable organizations.
• Privately (adverb): In a way that is not open or public.
• Foundation's (possessive form): This shows that something belongs to the foundation, e.g., "The foundation's mission is to promote literacy."

Different Meanings:

1. Foundation (general definition): The base of a building or structure.
2. Foundation (in a charity context): A type of organization that collects and distributes funds for charitable purposes.

Synonyms:

• Charitable trust
• Philanthropic organization
• Nonprofit organization (though this term can refer to any charity, not just private foundations)

Idioms and Phrasal Verbs:

• "Put down roots": This phrase means to establish oneself in a place, similar to how a foundation is the base of a building.
• "Give back": To contribute to the community or help others, which is often the goal of private foundations.

Summary:

A "private foundation" is a specific kind of charity funded mainly by one person or family rather than the general public.

Academic

Noun

1. a charity that does not receive a major part of its support from the public