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Charitable Foundation
A foundation (also referred to as a charitable foundation) is a type of nonprofit organization or charitable trust that usually provides funding and support to other charitable organizations through grants, while also potentially participating directly in charitable activities. Foundations encompass public charitable foundations, like community foundations, and private foundations, which are often endowed by an individual or family. Nevertheless, the term "foundation" might also be adopted by organizations not primarily engaged in public grantmaking. Description Legal entities existing under the status of "foundations" have a wide diversity of structures and purposes. Nevertheless, there are some common structural elements. * Legal requirements followed for establishment * Purpose of the foundation * Economic activity * Supervision and management provisions * Accountability and auditing provisions * Provisions for the amendment of the statutes or articles of incorporation * ...
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Nonprofit Organization
A nonprofit organization (NPO), also known as a nonbusiness entity, nonprofit institution, not-for-profit organization, or simply a nonprofit, is a non-governmental (private) legal entity organized and operated for a collective, public, or social benefit, as opposed to an entity that operates as a business aiming to generate a Profit (accounting), profit for its owners. A nonprofit organization is subject to the non-distribution constraint: any revenues that exceed expenses must be committed to the organization's purpose, not taken by private parties. Depending on the local laws, charities are regularly organized as non-profits. A host of organizations may be non-profit, including some political organizations, schools, hospitals, business associations, churches, foundations, social clubs, and consumer cooperatives. Nonprofit entities may seek approval from governments to be Tax exemption, tax-exempt, and some may also qualify to receive tax-deductible contributions, but an enti ...
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Organizational Founder
An organizational founder is a person who has undertaken some or all of the formational work needed to create a new organization, whether it is a business, a charitable organization, a governing body, a school, a group of entertainers, or any other type of organization. If there are multiple founders, each can be referred to as a co-founder. If the organization is a business, the founder is usually referred as an entrepreneur. If an organization is created to carry out charitable work, the founder is generally considered a philanthropist. Issues arising from the role A number of specific issues have been identified in connection with the role of the founder. The founder of an organization might be so closely identified with that organization, or so heavily involved in its operations, that the organization can struggle to exist without the founder's presence. "One practical way to cope with overreliance on a founder is to distribute management duties so that others are clearly respo ...
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Calouste Gulbenkian Foundation
The Calouste Gulbenkian Foundation (), commonly referred to simply as the Gulbenkian Foundation, is a Portuguese institution dedicated to the promotion of the arts, philanthropy, science, and education. One of the wealthiest charitable foundations in the world, the Gulbenkian Foundation was founded on 18 July 1956 according to the last will and testament of Calouste Sarkis Gulbenkian, a Portugal-based oil magnate who bequeathed his assets to the country in the form of a foundation. Gulbenkian the Armenian oil magnate had one of the largest private art collections in Europe, which is housed in the foundation's Calouste Gulbenkian Museum in Lisbon. The foundation hosts numerous institutions and initiatives including the Gulbenkian Orchestra, Gulbenkian Science Institute, Gulbenkian Prizes and the Gulbenkian Commission. Organization Located in Lisbon (civil parish of Avenidas Novas), the Foundation's premises opened in 1969 and were designed by Ruy Athouguia, Pedro Ci ...
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Prime Minister Of Portugal
The prime minister of Portugal (; ) is the head of government of Portugal. As head of government, the prime minister coordinates the actions of ministers, represents the Government of Portugal to the other bodies of state, is accountable to Assembly of the Republic (Portugal), parliament and keeps the President of Portugal, president informed. The prime minister can hold the role of head of government with the portfolio of one or more ministries. As Portugal is a semi-presidential system, semi-presidential parliamentary republic, the prime minister is the country's leading political figure and ''de facto'' chief executive. There is no limit to the number of terms a person can serve as prime minister. The prime minister is appointed by the president following Portuguese legislative elections, legislative elections, after having heard the parties represented in the parliament. Usually, the person named is the leader of the largest party in the previous election, but there have bee ...
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Portugal
Portugal, officially the Portuguese Republic, is a country on the Iberian Peninsula in Southwestern Europe. Featuring Cabo da Roca, the westernmost point in continental Europe, Portugal borders Spain to its north and east, with which it shares Portugal-Spain border, the longest uninterrupted border in the European Union; to the south and the west is the North Atlantic Ocean; and to the west and southwest lie the Macaronesia, Macaronesian archipelagos of the Azores and Madeira, which are the two Autonomous Regions of Portugal, autonomous regions of Portugal. Lisbon is the Capital city, capital and List of largest cities in Portugal, largest city, followed by Porto, which is the only other Metropolitan areas in Portugal, metropolitan area. The western Iberian Peninsula has been continuously inhabited since Prehistoric Iberia, prehistoric times, with the earliest signs of Human settlement, settlement dating to 5500 BC. Celts, Celtic and List of the Pre-Roman peoples of the Iberia ...
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Law Of The Netherlands
The Netherlands uses civil law. The role of case law is small in theory, although, in practice, it is impossible to understand the law in many fields without considering the relevant case law. The Dutch law system is based on the French Civil Code with some influence from Roman-Dutch law (which it replaced) and pre-codal customary law. The German ''Bürgerliches Gesetzbuch'' heavily influenced the new Civil Code (which went into force in 1992). The primary law-making body is formed by the Dutch parliament in cooperation with the government, operating jointly to create laws that are commonly referred to as the legislature (). The power to make new laws can be delegated to lower governments or specific organs of the State, but only for a prescribed purpose. A trend in recent years has been for parliament and the government to create "framework laws" and delegate the creation of detailed rules to ministers or lower governments (e.g., a province or municipality). The Ministry of Ju ...
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Netherlands
, Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Netherlands. The Netherlands consists of Provinces of the Netherlands, twelve provinces; it borders Germany to the east and Belgium to the south, with a North Sea coastline to the north and west. It shares Maritime boundary, maritime borders with the United Kingdom, Germany, and Belgium. The official language is Dutch language, Dutch, with West Frisian language, West Frisian as a secondary official language in the province of Friesland. Dutch, English_language, English, and Papiamento are official in the Caribbean Netherlands, Caribbean territories. The people who are from the Netherlands is often referred to as Dutch people, Dutch Ethnicity, Ethnicity group, not to be confused by the language. ''Netherlands'' literally means "lower countries" i ...
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Prefect
Prefect (from the Latin ''praefectus'', substantive adjectival form of ''praeficere'': "put in front", meaning in charge) is a magisterial title of varying definition, but essentially refers to the leader of an administrative area. A prefect's office, department, or area of control is called a prefecture, but in various post-Roman Empire cases there is a prefect without a prefecture or ''vice versa''. The words "prefect" and "prefecture" are also used, more or less conventionally, to render analogous words in other languages, especially Romance languages. Ancient Rome ''Praefectus'' was the formal title of many, fairly low to high-ranking officials in ancient Rome, whose authority was not embodied in their person (as it was with elected Magistrates) but conferred by delegation from a higher authority. They did have some authority in their prefecture such as controlling prisons and in civil administration. Feudal times Especially in Medieval Latin, ''præfectus'' was used to ...
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Law Of Italy
The law of Italy is the system of law across the Italian Republic. The Italian legal system has a plurality of sources of production. These are arranged in a hierarchical scale, under which the rule of a lower source cannot conflict with the rule of an upper source (hierarchy of sources). The Constitution of 1948 is the main source. The Italian civil code is based on codified Roman law with elements of the Napoleonic civil code and later statutes. The civil code of 1942 replaced the original one of 1865. The penal code ("The Rocco Code") was also written under fascism (1930). Both the civil code and the penal code have been modified in order to be in conformity with the current democratic constitution and with social changes. Legislative power Article 117 of the Constitution of Italy shares legislative power, according to the concerned matters, between Italian Parliament and regional councils. While a law ratified by the national Parliament is simply called ''legge'' ...
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Scholarship
A scholarship is a form of Student financial aid, financial aid awarded to students for further education. Generally, scholarships are awarded based on a set of criteria such as academic merit, Multiculturalism, diversity and inclusion, athletic skill, and financial need, research experience or specific professional experience. Scholarship criteria usually reflect the values and goals of the donor of the award. While scholarship recipients are not required to repay scholarships, the awards may require that the recipient continue to meet certain requirements during their period of support, such as maintaining a minimum grade point average or engaging in a certain activity (e.g., playing on a school sports team for athletic scholarship holders). Scholarships also range in generosity; some cover partial Tuition payments, tuition, while others offer a 'full-ride', covering all tuition, accommodation, housing and others. Historically, scholarships originated as acts of religious ...
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Lidl
Lidl ( ) is a trademark, used by two Germany, German international discount supermarket, discount retailer chain store, chains that operates over 12,600 stores. The ''LD Stiftung'' operates the stores in Germany and the ''Lidl Stiftung & Co. KG'' in 30 other countries. ''LD Stiftung'' is headquartered in Bad Wimpfen and the ''Lidl Stiftung & Co. KG'' in Neckarsulm. Both sister companies belong to the Schwarz Group, which also includes hypermarket chain Kaufland. Lidl is the chief competitor of the German discount chain Aldi in several markets. History In 1930, Josef Schwarz became a partner in a company based in Heilbronn named ''Südfrüchte Großhandlung Lidl & Co.'' which had been established by Anton Lidl since at least 1858 under the name ''A.Lidl & Cie'' specialising in the sale of exotic fruits. Schwarz renamed the company ''Lidl & Schwarz KG'' and expanded into a food wholesaler. In 1977, under his son Dieter Schwarz, the Schwarz Group began to focus on discount m ...
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Carl Zeiss AG
Zeiss ( ; ) is a German manufacturer of optical systems and optoelectronics, founded in Jena, Germany, in 1846 by optician Carl Zeiss. Together with Ernst Abbe (joined 1866) and Otto Schott (joined 1884) he laid the foundation for today's multinational company. The current company emerged from a reunification of Carl Zeiss companies in East and West Germany with a consolidation phase in the 1990s. ZEISS is active in four business segments with approximately equal revenue (Industrial Quality and Research, Medical Technology, Consumer Markets and Semiconductor Manufacturing Technology) in almost 50 countries, has 30 production sites and around 25 development sites worldwide. Carl Zeiss AG is the holding of all subsidiaries within Zeiss Group, of which Carl Zeiss Meditec AG is the only one that is traded at the stock market. Carl Zeiss AG is owned by the foundation Carl-Zeiss-Stiftung. The Zeiss Group has its headquarters in southern Germany, in the small town of Oberkochen, ...
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