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Which of the following statements accurately describe(s) a private foundation? I.Private foundations generally have a single major source of funding. II.Usually the primary activity of

Which of the following statements accurately describe(s) a private foundation? I.Private foundations generally have a single major source of funding. II.Usually the primary activity of private foundations is making grants to other charitable organizations and to individuals. III.The primary activity of private foundations is direct operation of charitable organizations. A. I. only B. II. only C. I. and II D. I. and III

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