What is a foundation?
Q: What is a foundation?
A: A foundation is a type of company that is established to carry out charitable or research work.
Q: How is a foundation usually funded?
A: A foundation is usually endowed, which means it is given a large sum of money to carry out its work.
Q: Can you give examples of foundations?
A: The Rockefeller Foundation and the Wikimedia Foundation are examples of foundations.
Q: How did the Rockefeller family make their money?
A: The Rockefeller family made their money from banking and oil.
Q: What do people running a foundation do?
A: People running a foundation think of ways to use the money to help charities, the arts, or whatever they like.
Q: What is the Bill & Melinda Gates Foundation?
A: The Bill & Melinda Gates Foundation is a foundation established by Bill Gates, who made his fortune from Microsoft.
Q: What types of projects does the Bill & Melinda Gates Foundation donate to?
A: The foundation donates to projects like education in the United States and treating AIDS in Third World countries.
