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Charitable Foundation: how it works in Europe

The work of charitable foundations in Europe has its own peculiarities. In the developed countries this is the name of the organization, which operates outside the government and is aimed at obtaining socially significant, not financial, benefits.

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WWF (World Wildlife Fund)

While many large foreign philanthropic foundations focus on improving people’s lives, WWF is concerned with achieving harmony between man and nature.

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Wellcome Trust

The assets of the Foundation amount to more than 22 billion dollars. The London-based charity was founded in 1936 in memory of Henry Welkom, the pharmaceutical magnate.

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Bill and Melinda Gates Foundation

The Foundation’s assets are more than $33 billion. Microsoft owner Bill Gates founded the organization together with his close people – his wife and father (later the list of founders expanded).

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MacArthur Foundation

The John D. and Catherine T. MacArthur Foundation is a private, independent charitable organization founded by John D. and Catherine T. MacArthur in 1978 and headquartered in Chicago, Illinois, USA.

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