The book Marcus Aurelius: A Biography (2000) by Anthony R. Birley will be used to illustrate some points. Marcus Aurelius: The Philosopher-Emperor of Rome Imperator Caesar Marcus Aurelius Antoninus Augustus (April 26, 121 â March 17, 180) was Roman Emperor in the second century AD. He is considered to be the last of the so called Five Good Emperors who ruled Rome at the height of Roman power.
Despite whether a private foundation is. organized as a trust or a corporation, each. private foundation will qualify as one of. the three basic types of private founda-. tions, a private operating foundation, an. exempt operating foundation, or a grant-. making foundation.
Technically, it is a not-for-profit entity that can be controlled by a person, family or business. Sometimes private foundations are referred to as âfamily foundationsâ. They are organized exclusively for charitable, educational, religious, scientific and literary purposes under Section 501(c)(3) of the IRS Code.