<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/lbAOULfzSrKceTPk6sGRHQ">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/67ndUHFyQze8OuwCMzRTTQ"/>
  <rdfs:isDefinedBy rdf:resource="https://www.naics.com/six-digit-naics/?code=813211"/>
  <rdfs:label>Grantmaking Foundations</rdfs:label>
  <skos: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.</skos:definition>
  <skos:example>Community foundations</skos:example>
  <skos:example>Corporate foundations, awarding grants</skos:example>
  <skos:example>Grantmaking foundations</skos:example>
  <skos:example>Philanthropic trusts</skos:example>
  <skos:example>Scholarship trusts</skos:example>
</owl:Class>