The book Marcus Aurelius: A Biography (2000) by Anthony R. Birley will be used to illustrate some points. Marcus Aurelius: The Philosopher-Emperor of Rome Imperator Caesar Marcus Aurelius Antoninus Augustus (April 26, 121 â March 17, 180) was Roman Emperor in the second century AD. He is considered to be the last of the so called Five Good Emperors who ruled Rome at the height of Roman power.
Despite whether a private foundation is. organized as a trust or a corporation, each. private foundation will qualify as one of. the three basic types of private founda-. tions, a private operating foundation, an. exempt operating foundation, or a grant-. making foundation.
A foundation is free of worries as it has a regular source of funding, unlike a charity. In sharp contrast to public charities, private foundations can be controlled by a single family or even an individual, for example, Bill Gates Foundation. Let us take the same example to understand the nature of a Foundation. Unlike a charity, a foundation has a fixed source of funding.