A foundation is a legal entity separate from each of its founders, foundation officials, and beneficiaries.
N.H. Rev. Stat. Ann. § 564-F:3-303
Legal Status
Known as the New Hampshire Foundation Act
The act spans §§ 564-F:10-1001 to 564-F:9-901 (134 sections).
Source. 2017, 257:47, eff
Official source: New Hampshire General Court. Reproduced from public-domain New Hampshire statutes; confirm against the official source for the current text. Not legal advice.