Donation

Donation - A Donation is a voluntary gift of money, goods, services, or property given to an individual, organization, or cause without expectation of reciprocation or direct personal benefit. This act of giving is typically motivated by altruism, support for a specific mission or goal, or a desire to contribute to societal well-being.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/RaQIRktfYrGWDS7HAq0N6f
Label (rdfs): Donation
Preferred Label: None
Alternative Labels: Benefaction, Contribution, Endowment, Grant
Identifier: N/A

Definition and Examples

Definition: A Donation is a voluntary gift of money, goods, services, or property given to an individual, organization, or cause without expectation of reciprocation or direct personal benefit. This act of giving is typically motivated by altruism, support for a specific mission or goal, or a desire to contribute to societal well-being.
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Translations

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Class Relationships

Sub Class Of: Payment Event
Parent Class Of: Charitable Donation

Political Donation
Is Defined By: N/A
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Additional Information

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Deprecated: False

Metadata

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