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Foundations are non-profit legal entities created for charitable, educational, research, philanthropic, or other altruistic purposes. They can be formed by individuals, families, companies or organizations to invest in social causes or specific areas of interest.

Foundations manage financial assets and use the proceeds to fund projects, grants and programs aligned with their mission. Furthermore, foundations can have a significant impact on society, promoting positive change and contributing to overall well-being.

Proper management of foundations requires attention to legal regulations, transparent governance, and effective resource distribution strategies.

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