Foundation is nothing different from a nonprofit organization. But it differs in formation and registration country wide.

1. The main concept of the foundation is to fund other organization by donating its own fund or to raise the funds for its own charitable activities.

2. The foundation is of two types: Public foundation and Private foundation. Private foundations are formed by a private entity or by an individual family.

3. The foundation has its own board members, assembly and voting. But its not having share holders like a nonprofit company.

4. Foundations are formed with assets and its being delivered to other nonprofit organization in the forms of donations, grants and charity donations.

5. Foundations are often set up for charitable cause, family patrimony and collective purposes.

6. Some specific laws are applicable for foundation. So with out the help of a certified chartered person, Auditors, Lawyers and attorney, it is difficult to form such foundation like trust, society or nonprofit company.

7. As usual the accountability of such foundation is annual as like trust, society and nonprofit organizations.

8. Private foundations are formed for philanthropy purposes by individual, family or group of Individuals.

9. Foundations plays role with major movable and immovable assets. So consultation from Auditors, lawyers / attorney is must for every move towards formation of such foundation.
Post your NGO PROFILE, which may help others to know about your Organization. Any Non Governmental organization from any country shall post their profile which is 100% free.

You shall post your Organization Video Links, You shall upload your Organization Project files and Much More. This NGO SEEK also helps the NGOs to find Volunteers, Donors, Sponsors and other needy for their NGO Projects.

Useful books for TRUST formation and Management

Formation & Management Of A Trust by Nabhi's

Formation and Management of Charitable and Religious Trust Educational and Medical Institution under Income Tax Law by Universal Law Publishing co

All About Charitable Trusts - Formation, Registration, Management & Taxation of CHARITABLE & RELIGIOUS TRUSTS (With Free CD) by CA Virendra K. Pamecha , CA Rakesh Nahar

Formation and Management of a TRUST along with Tax Planning by Nabhi Publication

Useful books for Society formation and Management

Formation and Management of Societies (Telugu) by Pendyala Satyanarayana

Formation & Managements Of A Society by Nabhi

Formation & Management of a SOCIETY by Nabhi New

Formation and Management of Societies by Y. Kameshwara Rao

Formation and Management of a Co-operative Society alongwith Multi State Co-operative societies Act & Rules by Nabhi Board Of Editors

Useful books for NGO fundraising

Funding of NGOs: How to Manage by Mahaveer & Sons

Taxation of Trusts & NGOs by Taxmann

How to Start & Promote NGOs & NPOs in India Starting, Management & Funding of NGOs /NPOs Covering Schemes of the Ministries of Government of India by Xcess Infostore Pvt. Ltd.

Nonprofit: Starting a Charity - How To Successfully Change Lives, Give Aid & Build a Community (Contribution, Not For Profit, Fundraising, Startup, Donation, Volunteering, NGO Book 1)

Fundraising: 10 Tips to Raise Money for Ngos, Small Business and Non-profits

NonProfit Crowdfunding Explained: Online Fundraising Hacks to Raise More for Your NonProfit

Fundraising Techniques and Financial Assistance to NGO by Anmol Publisher

Guide To Fundraising and Public Relations For NGOs and Non Profit Organisations by CSIM
Post your NGO PROFILE, which may help others to know about your Trust, Society, Foundation and other nonprofit organisation.

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