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operating foundations - 501(c)(3) organizations classified by the IRS as private foundations whose primary purpose is to conduct research, social welfare, or other programs determined by its governing body or establishment charter. An operating foundation may make grants, but the sum generally is small relative to the funds used for the foundation's own programs.
Write Winning Proposals includes the concept of "operating foundations" in its proposal-writing strategies. The definition of "operating foundations" as well as other definitions related to proposal-writing are among the many Write Winning Proposals resources.
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