What are the differences between a foundation and a non profit organization?

Answer by  sonicfoundation (2597)

Essentially, the main difference in terms of what they actually do is that a foundation raises money to be disseminated to other organizations while a non profit organization uses their money to directly aid their mission. There are also legal differences that are codified by the IRS and which you should be aware of.

Answer by  technogeek (6640)

The term "Non-Profit Organization" was designed to differentiate between businesses and charities. Your foundation would be a non-profit organization if you apply for that designation and if you are doing solely charitable work.

Answer by  suriya (23)

Foundation and the Non Profitable Organization is Foundation Means it will Be Working under The Supportive Name and Wealthy Person. Were Non Profitable Organisation Will not Depend on Any Body