Paul Newman's business was bequeathed to his foundation, which led to the creation of the first philanthropic enterprise. The charities that receive the contributions would be considered which of the following?

Question

Quizplus · Accepted Answer

The charities are stakeholders of the foundation, which contributes funds to them. Their relationship with the corporation is indirect, and the relationship between the corporation and the foundation is not very relevant for the charities. It could be argued that the charities are indirect stakeholders of the corporation, but they have a much more significant relationship with the foundation.

Paul Newman's Business Was Bequeathed to His Foundation, Which Led