813211 - Grantmaking Foundations US
This U.S. industry comprises establishments known as grantmaking foundations or charitable trusts. Establishments in this industry award grants from trust funds based on a competitive selection process or the preferences of the foundation managers and grantors; or fund a single entity, such as a museum or university. Illustrative Examples: Community foundations Philanthropic trusts Corporate foundations, awarding grants Scholarship trusts Grantmaking foundations Cross-References. Establishments primarily engaged in providing trust management services for others are classified in Industry 523920, Portfolio Management.