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What type of foundation is Euro-Sportring?

  • Non-profit

  • For-profit

  • Governmental

  • Private

Answer

Non-profit organizations, like Euro-Sportring, are established to serve a social or charitable purpose rather than to generate profit. They typically rely on donations, grants, and membership fees to fund their activities. Non-profit organizations play a vital role in addressing social issues, providing essential services, and promoting community well-being.
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