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It can help lay a strong foundation for the launch of a new fund or set the right course for investing an immature fund.
FORBES: Top Private Equity Funds Mine Past Wins For Lessons
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Mr. Lynch embraced transcendental meditation around the time he made the 1977 curiosity "Eraserhead, " and since 2005 has headed the David Lynch Foundation, a charity he created to fund the teaching of T.
WSJ: 20 Odd Questions: David Lynch
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Mr. Fulda says WikiLeaks asked the Wau Holland foundation to determine whether it could contribute to a legal-defense fund created for the benefit of U.S. Army intelligence analyst Pfc.
WSJ: WikiLeaks Has Sharply Raised Spending
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Anti-retrovirals are supplied to poor children jointly with the Children's Investment Fund Foundation of Chris Hohn, a hedge-fund boss.
ECONOMIST: Face value
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Mr Gates was in China to talk to its government about a project of the Bill and Melinda Gates foundation that would try to identify and fund research that could alleviate poverty.
BBC: China and Bill Gates discuss nuclear reactor plan
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One prominent London-based hedge fund, the Children's Investment Fund, channels a large chunk of its profits into a charitable foundation.
ECONOMIST: Can private equity polish its public image?
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Brownfield's goal is to find a philanthropic foundation run by Iraqi expats to fund and eventually take over the online marketing of the art.
FORBES: Smart Collecting
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The Becket Fund for Religious Liberty, a non-profit legal foundation, has filed lawsuits on behalf of two Christian colleges.
ECONOMIST: Lexington
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Unlike a family foundation, the fund pays no excise tax and does not have to distribute 5% of its assets annually.
FORBES: Foundation Alternatives