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philanthropic foundation

 

Definitions from WordNet

Noun philanthropic foundation has 1 sense
  1. philanthropic foundation - a foundation that provides funds for science or art or education or religion or relief from disease etc.
    --1 is a kind of
    charity

Definitions from the Web

Term: Philanthropic Foundation

Description:

A philanthropic foundation refers to a non-profit organization or institution that supports charitable causes and donates funds towards various humanitarian projects and initiatives. These foundations are established with the primary purpose of promoting social welfare, education, healthcare, and other benevolent endeavors for the betterment of society.

Senses:

Sense 1: Charitable Organization

In this sense, a philanthropic foundation pertains to a charitable organization that actively engages in philanthropy by providing financial support, grants, or resources to address societal issues or support specific causes.

Example sentence: The Gates Foundation is one of the most renowned philanthropic foundations worldwide, focusing on eradicating diseases and improving global education.

Sense 2: Funding Humanitarian Projects

In this sense, a philanthropic foundation signifies the entity responsible for financing and supporting various humanitarian projects, such as building schools, hospitals, or community centers, and supporting marginalized communities.

Example sentence: The philanthropic foundation generously donated funds to construct a state-of-the-art hospital in the underserved region, providing essential healthcare services to thousands.

Sense 3: Advancing Social Welfare

In this sense, a philanthropic foundation refers to an institution dedicated to advancing social welfare by funding and initiating programs and initiatives aimed at poverty alleviation, sustainable development, environmental conservation, and social equality.

Example sentence: The Rockefeller Foundation works tirelessly to champion socio-economic equality by funding innovative projects and social entrepreneurship.

Usages:

Usage 1: Popular

A popular usage of philanthropic foundations is when discussing well-known and influential organizations that have significant impacts on causes and provide extensive support.

Example sentence: The Carnegie Foundation is a popular philanthropic organization that has greatly contributed to the fields of education and scientific research.

Usage 2: Local

In a local context, philanthropic foundations could refer to smaller, community-based organizations that focus on addressing specific local needs and supporting grassroots initiatives.

Example sentence: The local philanthropic foundation actively supports local artists, providing grants and resources to promote their work and cultural expression within the community.

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