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Question: What is the difference between a Public foundation and a Private foundation?
3-6. Other general questions
Answer: A public foundation is an entity that is widely donated by an unspecified number of people. On the other hand, with a private foundation, a specific person (or entity) becomes the founder and is mainly used for private purposes such as asset succession. Since the former is of public interest, administrative management such as storage of proof of funding is complicated.
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