Sam Ekpe
The English dictionary defines Foundation as a donation or legacy appropriated to support a charitable institution, and constituting a permanent fund, endowment for deeds of charity. Some famous international Foundation include Ford Foundation, Mac Arthur Foundation and Melinda Gates Foundation, all based in the United States of America.
Here in Nigeria we have some reputed Foundations which donate substantial sums of money to many noble causes aimed at assisting the needy, supporting education or other societal development needs. Some of these include T.Y Danjuma Foundation,Sir Emeka Offor Foundation and the one sponsored by Chief Tony Elumelu.