Fundació
Fundació is the Catalan term for a foundation, a non-profit legal entity created to pursue specific social, cultural, scientific, educational, or charitable aims through endowed resources, donations, or public funding. It has legal personality distinct from its founders, which allows it to own property, enter contracts, and sue or be sued in its own name.
Legal framework and governance: Foundations in Catalan-speaking regions are governed by civil and charitable law and
Funding and activities: Foundations are financed by endowments, donations, legacies, and subsidies. Their income is generally
Types and relationships: Private foundations are typically established by individuals or families, but foundations can collaborate
See also: Foundation (general concept), Nonprofit organization, Catalan civil law.