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Foundation

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Possible Answers:

BASE.

Last seen on: –Vulture Monday, 11 September 2023 Crossword Answers
Canadiana – Oct 24 2022 Crossword Answer List

Random information on the term “Foundation”:

A foundation (also a charitable foundation) is a category of nonprofit organization or charitable trust that typically provides funding and support for other charitable organizations through grants, but may also engage directly in charitable activities. Foundations include public charitable foundations, such as community foundations, and private foundation, which are typically endowed by an individual or family. However, the term “foundation” may also be used by organizations that are not involved in public grantmaking.

Legal entities existing under the status of “foundations” have a wide diversity of structures and purposes. Nevertheless, there are some common structural elements.

Some of the above must be, in most jurisdictions, expressed in the document of establishment. Others may be provided by the supervising authority at each particular jurisdiction.[citation needed]

There is no commonly accepted legal definition across Europe for a foundation. There was a proposal for a European Foundation Statute, a legal form that would create a legal definition recognised across all EU Member States, however this proposal was withdrawn in 2015 following its failure to pass through COREPER 1.

Foundation on Wikipedia

Random information on the term “BASE”:

Base (stylized as BASE) is the third largest of Belgium’s three mobile telecommunications operators. It is a subsidiary of Telenet. It competes with Proximus and Orange Belgium. It was previously owned by KPN and sold to Telenet in 2015.

Base was founded as Belgium’s third major mobile network operator in 1999 under the brand name of KPN Orange. It was a joint venture between the Dutch KPN Mobile and the then British Orange telcos. After the acquisition of Orange by France Télécom, its shares were sold to KPN Mobile. In 2002, the brand name was changed from Orange to Base.

The fixed line and broadband operations were started in 2007 after the acquisition of Tele2 Belgium. In October 2009 the fixed line and broadband ADSL operations were rebranded from Tele2 to Base.

In 2007, Base purchased the Belgian telecommunications retail store Allo Telecom, which merged with Base in 2014.

In April 2015, news got out that Base is being bought by Telenet for 1,325 billion euros, which will give Telenet access to a mobile network.

BASE on Wikipedia

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