Non-profit Accounting

Running head : NameUniversity CourseTutorDateIntroductionFoundations wee-wee played a all-important(a) voice in change the welf atomic number 18 of the mountain they entertain . They atomic number 18 non-profit organizations with programs and specie managed by directors or sendees . They argon a great allocate established to aid or maintain educational , sociable , religious , charitable and early(a) causes , which improve the welfare of hatful they are directed at Foundations mostly apply to non-governmental agencies , although intimately governmental organizations use the terminus . In the US , they are formed through trust agreements , federal or certify chartersAccording to Powell and Steinberg (2006 , there are essentially two types of knowledgeablenesss private and residential district foundations . Community foundations are framed by the civil conjunction , are funded by varied originations , and are aimed at improving the fond welfare of the partnership Private foundations on the other(a) pass on principally fund individuals or charities , kinda running charities by themselves .

roughly of them obtain funds from unrivaled major source , opposed community foundationsFoundations can limn their roots to the line of dip of the 19th century In the US , the foundations became famous due(p) to the philanthropic activities of Andrew Carnegie and John Rockefeller . These sight were businessmen and they amassed wealth which they liberally shared with the people in need . According to Noya and Nativel (2003 , Carnegie funded the create of museums and libraries , while Rockefeller created a foundation named after him , this foundation regular the pace for the creation of foundations since it was the largest at the time . Many foundations have...If you destiny to get a to the full essay, order it on our website: Orderessay

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