Charitable foundations are organizations that provide financial support to various causes, such as education, health, and social services. They often collect donations from individuals, businesses, or other entities and then distribute these funds to nonprofit organizations or projects that align with their mission. These foundations can be established by individuals, families, or corporations and may focus on specific issues, like environmental conservation or poverty alleviation. Notable examples include the Bill and Melinda Gates Foundation and the Ford Foundation, which have made significant contributions to global health and education initiatives.