, ▁there ▁are ▁three ▁forms ▁of ▁char itable ▁organization : ▁▁ ▁char itable ▁society - ▁char itable ▁organization ▁created ▁by ▁at ▁least ▁two ▁found ers ▁and ▁oper ates ▁on ▁the ▁basis ▁of ▁the ▁char ter ▁or ▁stat ute ; ▁ ▁char itable ▁institution - ▁a ▁kind ▁of ▁char itable ▁trust , ▁acts ▁on ▁the ▁basis ▁of ▁the ▁constitu ent ▁or ▁found ing ▁act ; ▁char itable ▁organization ▁whose ▁found ing ▁act ▁defines ▁assets ▁that ▁one ▁or ▁several ▁found ers ▁transfer ▁to ▁achieve ▁the ▁goals ▁of ▁char itable ▁activity ▁from ▁such ▁assets ▁and / or ▁income ▁from ▁such ▁assets . ▁A ▁constitu ent ▁act ▁of ▁a ▁char itable ▁institution ▁may ▁be ▁contained ▁in ▁a ▁will ▁or ▁test ament . ▁The ▁founder ▁or ▁found ers ▁of ▁the ▁char itable ▁institution ▁do ▁not ▁particip ate ▁in ▁the ▁management ▁such ▁char itable ▁organization ; ▁ ▁char itable ▁fund ▁or ▁char itable ▁foundation - ▁is ▁a ▁char itable ▁organization ▁that ▁oper ates ▁on ▁the ▁basis ▁of ▁the ▁char ter ; ▁has ▁participants ▁or ▁members ▁and ▁is ▁managed ▁by ▁them ; ▁participants ▁or ▁members ▁are ▁not ▁obliged ▁to ▁transfer ▁any ▁assets ▁to ▁such ▁organization ▁in ▁order ▁to ▁achieve ▁the ▁goals ▁of ▁char itable ▁activity ; ▁char itable ▁foundation ▁can ▁be ▁created ▁by ▁one ▁or ▁several ▁found ers . ▁The ▁assets ▁of ▁char itable ▁fund ▁can ▁be ▁formed ▁by ▁participants ▁and / or ▁other ▁benef act ors . ▁ ▁Ministry ▁of ▁justice ▁of ▁Ukraine ▁is ▁the ▁main ▁registration ▁authority ▁for ▁char itable ▁organization ▁registration / const itution . ▁Ind ividual