Unlike a charitable foundation, a private foundation does not generally solicit funds from the public. And a private foundation does not have the legal requirements and reporting responsibilities of a registered, non-profit or charitable foundation. Not all foundations engage in philanthropy: some private foundations are used for estate planning purposes.
Does this next sentence follow, given the preceding text?
Foundations follow legal requirements.

OPTIONS:
- Yes
- It's impossible to say
- No
It's impossible to say