財団(ざいだん)

ざいだん
noun
foundation; endowment
formallegalsociety
1. foundation; endowment
An organization established with donated funds for charitable, educational, cultural, or other public purposes.
I received a scholarship from the foundation.
This art museum is operated by an incorporated foundation.
He used his own wealth to establish a foundation for educational support.

財団(ざいだん) refers to an organization funded by donated assets for public benefit.

Forms

財(ざい) (wealth, assets) + 団(だん) (group, organization)

Common collocations

Similar words

  • 社団(しゃだん): association, an organization built on its members; a 財団(ざいだん) is built on donated assets
  • NPO/NGO: nonprofit organization