# Grantmaking Foundations

**IRI:** https://folio.openlegalstandard.org/lbAOULfzSrKceTPk6sGRHQ

## Labels

## Definition

This U.S. industry comprises establishments known as grantmaking foundations or charitable trusts. Establishments in this industry award grants from trust funds based on a competitive selection process or the preferences of the foundation managers and grantors; or fund a single entity, such as a museum or university.

## Examples

- Community foundations
- Corporate foundations, awarding grants
- Grantmaking foundations
- Philanthropic trusts
- Scholarship trusts

## Sub Class Of

- https://folio.openlegalstandard.org/67ndUHFyQze8OuwCMzRTTQ

**Is Defined By:** https://www.naics.com/six-digit-naics/?code=813211

**Deprecated:** False