Legal Question in Business Law in Massachusetts
for-profit foundations?
can a for-profit corporation use the word ''foundation'' in its registered name? this example is not a grant-making foundation wing of a for-profit corporation, but just the actual for-profit corporation itself.
Asked on 8/14/03, 4:56 pm
1 Answer from Attorneys
Nance Lyons
Law Office of Nance Lyons
Re: for-profit foundations?
Yes. "Buyer beware". Also charitable "car donation"
Answered on 8/20/03, 3:57 pm