What Is The Difference Between A Private Foundation And A Public Charity?

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A public charity, unlike a private foundation, receives contributions from a wide group of people. A private foundation typically is funded only by the person who established it or his or her immediate family or a small group of people from the private foundation. When the public is funding the entity, it becomes a public charity. Have more questions? Then contact us today to schedule a free consultation! Doane & DoaneTop rated Tax & Estate Planning Attorneys