A nonprofit organization that uses donated money to help others is called a ________.
A) philanthropy
B) foundation
C) tax exempt
D) community organization

Question

Quizplus · Accepted Answer

A foundation is a type of nonprofit organization that uses donated money to support charitable causes or provide grants to other charitable organizations. Philanthropy refers to the act of donating money, time, or resources to support charitable causes, but it is not a specific type of organization. Tax exempt status is a designation given to nonprofits that meet certain requirements and allows them to avoid paying certain taxes. A community organization is a broad term that can refer to any type of organization working to make positive change within a community, but not necessarily focused on charitable giving.

A Nonprofit Organization That Uses Donated Money to Help Others