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Foundations

From Conservapedia - Reading time: 1 min

Foundations are legal entities that typically accrue assets tax-free and then distribute the assets to causes, often liberal ones. Many foundations were established by donors favoring free enterprise, only to find their assets were eventually taken over by directors having opposite intentions.[Citation Needed]

Additional References[edit]

Top 100 U.S. Foundations by Asset Size
Top 100 U.S. Foundations by Total Giving

Licensed under CC BY-SA 3.0 | Source: https://www.conservapedia.com/Foundations
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