Corporation types and "maximizing shareholder value"?
jacquesm: There's a 'foundation' type, they don't have a profit motive.I assume you're asking this from a USA perspectie, the wikipedia page on foundations has this to say:"In the United States, many philanthropic and charitable organizations are considered to be foundations. However, the Internal Revenue Code distinguishes between private foundations (usually funded by an individual, family, or corporation) and public charities (community foundations or other nonprofit groups that raise money from the general public). Private foundations have more restrictions and fewer tax benefits than public charities."