Also means
endowment
Usage Note
Stiftung is a chartered charitable or research foundation, built from the verb stiften ('to donate, to found'). It appears in famous names like Stiftung Warentest, Germany's product-testing body, so seeing it implies an official, non-profit body. Do not confuse it with Stift, which can mean a pen or a religious institution.
Examples
"Die Stiftung fördert junge Künstler."
Natural Translation
The foundation supports young artists.
Literal Translation
The foundation supports young artists.

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