Concept in Definition ABC
Miscellanea / / July 04, 2021
By Florencia Ucha, in Aug. 2013
The word foundations It corresponds to plural of the term foundation.
It should be noted that the term foundation is used in our language with much recurrence and to refer to various issues.
One of the most common uses allows referring to effect, the result of carrying out the action of founding, which implies establishing something somewhere or is the origin of something.
At the beginning of the nations, it was a fairly common activity on the part of the conquerors or travelers who arrived for the first time in a place from which there was no record, that of founding cities. Among the most used synonyms for this sense we find that of creation.
On the other hand, at the request of right, a foundation is called class of legal person consisting of an organization, a association who carries out a certain activity but is not for profit. The foundation has a heritage monetary and can also have movable assets that make up the same and that is usually the contribution made by the creators of the foundation in question.
The main mission that the foundation must fulfill is to satisfactorily specify its social objective, that is, what it was created for. Now, if actions that imply profit or economic benefit arise along that path, they will be accepted and respected as part of the foundation's mission. In other words, everything that makes the foundation richer in order to carry out its objectives will be welcome.
Generally, foundations have charitable objectives, for example, a foundation created to fight cancer, in addition to deploying campaigns of prevention and information on the disease, organize fundraising events that allow you to assist patients who do not have the resources necessary to access a treatment.
It is worth mentioning that foundations are also referred to as charities or trusts.
On the other hand, at the behest from the field of buildingthe foundation is called foundations or all those elements that act as the base or axes of a construction building. These are extremely important in any construction since they will give stability and sustainability to the building in question.
Topics in Foundations