What is the difference between the Social and Economic Council and the Labour Foundation?

Social and Economic Council Labour Foundation
Founded by law in 1950 (public law) Founded by national employers’ federations and trade union confederations in 1945 (private law)
Tripartite: employers, employees and members appointed by the Crown Bipartite: employers and employees
Advises Cabinet and Parliament; monitors regulatory industrial organisations (PBO); co-administrative duties and promotion of commerce and industry Platform for ongoing consultations between employers and employees; issues recommendations to commerce and industry; meets with Cabinet twice a year (spring and autumn meetings)