Civil society: The space for social activity outside the market, state and household; the arena of uncoerced collective action around shared interests, purposes and values. [e]
Third sector: A sector or category of organizations and associations operating outside of government or markets (and, thus, in a third place or space). [e]
Charitable foundation: An organisation with its own source of funding, set up to make grants to other organisations with charitable purposes, or to individuals who may qualify for charitable grants. [e]
Company foundation: 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. [e]
Family foundation: A foundation created and controlled by members of a family, and often named for the family. (E.g., the Ford Foundation; the Rockefeller Foundation; the Mandel Foundation, et. al.) [e]
Nonprofit board: A board of directors, governors or trustees responsible for managing the affairs of a nonprofit organization. See also nongovernmental board or voluntary board. [e]
Section 501(c)3: Section of the Internal Revenue Service Code added in 1954 to define public charities - state-chartered nonprofit corporations that are exempt from federal corporate income taxation and donations to which are tax deductible. [e]
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