Río Tinto Foundation
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Río Tinto Foundation
The Río Tinto Foundation (in Spanish language, Spanish: ''Fundación Río Tinto'', FRT) is a Spain, Spanish cultural and non-profit institution based in the municipality of Minas de Ríotinto, in the province of Huelva. The Foundation's objective is the study and preservation of the industrial heritage of the Rio Tinto Company Limited, Río Tinto Company Limited, as well as its recovery in projects that generate added value in the Río Tinto region. The foundation is involved in numerous cultural and recreational initiatives. History The foundation was created in 1987 by the Río Tinto Minera Company as a cultural and private institution, of a charitable nature, to take charge of the heritage generated over the decades by the companies that had operated the Minas de Ríotinto, Rio Tinto Mines. Among the purposes of the FRT were the study of mining and metallurgy, as well as the conservation and restoration of the environmental and patrimonial heritage of the mining basin. To th ...
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Foundation (nonprofit)
A foundation (also a charitable foundation) is a category of nonprofit organization or charitable trust that typically provides funding and support for other charitable organizations through grants, but may also engage directly in charitable activities. Foundations include public charitable foundations, such as community foundations, and private foundations, which are typically financial endowment, endowed by an individual or family. However, the term "foundation" may also be used by such organizations that are not involved 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 * Provisio ...
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