Suppose you like music and prefer to use your capital to conduct zero cost concerts and also other related events that encourage the enjoyment and appreciation of music. The point is, you do not have the time or inclination to create or conduct distinct programs, and one can find a big quantity of charitable organizations actively endeavoring in these fields.
If this can be your circumstance, you could possibly prefer to give some thought to establishing a grant-making foundation, which can be oftentimes known as a private non-operating foundation. This way, you can actually basically give your capital to other charities which might be currently undertaking what you’d prefer to do.
Grant-making foundations are entities that give capital to other charitable organizations in place of directly carrying out their very own charitable activities. In case your organization is not a private operating foundation, it is going to even more than probably be classified as a grant-making foundation.
