Foundations : The Challenge of Ambition
What is a foundation? A non-governamental organisation that, in principle, has two charasteristics steming from its funding - that is, the income from property bequeathed by the founder. The characteristics are independence from major powers - governments, companies, churches, trade unions- and the ability to act in the long term. These are two important qualities in a world dominated by sectional interests and short-term thinking. To them may be added two other characteristics: foundations are usu-ally modest structures; and their activities are not tied to a particular geographical area.