What is the definition of Public foundation? | Dictionary.net

PUBLIC FOUNDATION

\pˈʌblɪk fa͡ʊndˈe͡ɪʃən], \pˈʌblɪk fa‍ʊndˈe‍ɪʃən], \p_ˈʌ_b_l_ɪ_k f_aʊ_n_d_ˈeɪ_ʃ_ə_n]\

Definitions of PUBLIC FOUNDATION

1910 - Black's Law Dictionary (2nd edition)

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An organisation that is charitable whose funds are provided by a company or private person, though not more than 50% of the capital can be from that company or private individual.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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