What defines an independent foundation?

An independent foundation is characterized by being funded by an individual, family, or a small group of individuals, which allows it to support a diverse range of activities beyond just education. This funding model provides the foundation with the flexibility to address various philanthropic goals, including arts, health, social issues, and scientific research, among others.

Being independent means it is not directly controlled by a specific organization or government entity, granting it autonomy in its operations and decisions regarding grantmaking. This characteristic distinguishes independent foundations from other types of foundations that may serve specific sectors or be mandated to focus on restricted areas.

This broad support capacity enables independent foundations to pursue their mission in line with the interests and values of their benefactors, fostering a wide impact in the community and sector they choose to serve.