4 ms·
>Foundation, not charity. I'm no expert on German stiftungs, but I tend to think of foundations as a subset of charities and that "not charity" wouldn't be qui
by smeyer 5y ago
>Foundation, not charity.
I'm no expert on German stiftungs, but I tend to think of foundations as a subset of charities and that "not charity" wouldn't be quite right.
- shkkmo 5y agoFoundations are defined more by structure than by purpose. Some are charities and some are inheritance tax avoidance vehicles.
- qznc 5y agoTheir own website uses „foundation“ and „charitable activities“: https://www.bosch-stiftung.de/en/what-we-do https://www.bosch-stiftung.de/en/what-we-do