Which of the following is a characteristic of a company-sponsored foundation?

A company-sponsored foundation is primarily funded by resources from the parent corporation, which can include profits and donations. This relationship enables the foundation to carry out philanthropic activities that align with the company's vision and values. Unlike independent foundations, which may operate without the influence or financial backing of a parent company, a company-sponsored foundation typically relies on the corporation's financial support to fulfill its charitable mission.

The funding aspect is important because it allows the foundation to engage in various community development projects, educational initiatives, and other charitable activities that might promote the corporation's interests or enhance its reputation. This relationship does not necessarily mean that the foundation must exclusively support projects directly related to the corporation; however, it usually reflects the corporation's overall goals and social responsibility objectives, making option C a fitting characteristic of such foundations.