A corporate foundation is a non-profit organization serving a project of general interest. It is created by companies for a limited period. It may be a work of a philanthropic, educational, scientific, social, humanitarian, sporting, family or cultural nature.
To create a corporate foundation, you must prepare a concrete project, write statutes, bring together founders who commit to paying funds and submit a file to the prefecture. The money for corporate foundations then comes from different sources.
The Fondation des Possibles is a multi-company Foundation.
