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Foundations

  • By: David C. Hammack
  • In: Encyclopedia of Global Studies
  • Edited by: Helmut K. Anheier & Mark Juergensmeyer
  • Subject:Globalization, Social Policy (general), Cultural Geography

Although they sometimes have a global reach and are often compared across borders, foundations must follow applicable national laws that vary widely. In general, a foundation is a legally established corporation or trust that holds and invests assets donated by one ...

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