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When the traditional foundations of wealth and how we make our way in the world are changing.
The foundation requires footings that are 12 inches deep, compared to the 30 to 36 inches required by traditional foundations.
Ms. Palmer said the foundation was different from other traditional foundations in that the main donors were alive and active in deciding who received benefits.
Traditional foundations, such as the Carnegie Corporation, are seeded with huge initial endowments, whose investment interest provides funds to charitable enterprises.
Most traditional foundations also proved skeptical, if not openly suspicious, of the Internet, while younger cyber-riche philanthropists were already bored with it.
The traditional foundations take on controversial causes -- Ford's grants to women's anti-poverty and family-planning programs are profoundly subversive in much of the third world.
Similar(46)
"The green approach could not work without a good traditional foundation.
Unlike traditional foundation degrees, it will run for 52 weeks of the year with an option of start dates.
Nothing earlier than the last quarter of the 8th century bce has been discovered, a full century later than the traditional foundation date.
"In fact, if we transferred our shares to a traditional foundation, then we would have received an immediate tax benefit, but by using an LLC we do not".
Overheads are seen as a bad thing, and grants tend to be short-term.Should the new generation of philanthropists try something different from the traditional foundation?
More suggestions(15)
traditional grounds
conventional foundations
ancestral foundations
traditional founders
traditional infrastructures
traditional underpinnings
traditional corporations
traditional trusts
classical foundations
traditional institutes
historical foundations
traditional basics
cultural foundations
traditional establishment
existing foundations
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com