What is a corporate foundation?

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.

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