Definition: Foundation

Business registers

A social economy enterprise (non-profit institution) characterized by:

- Run by appointed trustees

- Capital supplied through donations and gifts

- Financing and undertaking of research, supporting international, national and local projects; providing grants to relieve the needs of individuals, funding voluntary work, health and elderly care.
Source:
Eurostat, "Business registers. Recommendations manual", Methodologies and Working Papers, Publications Office of the European Union, Luxembourg, 2010
Created:
Updated:

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