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How to run a charitable foundation

Detailed introduction to setting up a non-public fund in China (which does not raise charity funds from the public) starts from 2 million。Faye Wong and Li Yapeng’s Yanran Angel Fund,It is managed by the Red Cross Foundation of China,Belongs to secondary custody fund,The initial seed capital was RMB 1 million.,Can accept public donations (Red Cross is a public fund)。

Domestic charity funds are divided into public funds and non-public funds,The difference is whether it can accept public donations,Non-public funds cannot raise funds from the public.,The main sources of funds for non-public funds are large donations from enterprises and individuals.。 In process,Report to the provincial civil affairs authority,Next is registration、Approval、Capital verification,Once the money is in place, everything will be easy。There are no restrictions on certain cases,You have the money to do it.。

Charitable fund operating model,On the one hand, we must maintain reasonable expenses (charitable purposes and operating expenses),supervision

Require

The fund's charitable expenditures for the year must account for 70% of the year's donation income and value-added income.,Operating expenses shall not exceed 10% of the total expenses for the year。

On the one hand, we must also ensure income and appropriate value-added,Non-public funds can also increase fundraising income in certain ways,Host a charity dinner、Charity match、Charity auctions, etc.;Value-added can obtain investment income through investment。 If an initial investment of 10 million is,You can maintain and increase value by purchasing treasury bonds and trusts,Leverage value-added and fundraising components for charitable giving,To ensure the normal operation of the fund。

Qianhui International Professional Agency Benefit/Charitable Foundation Application Submit the following materials:

  1.   
  2. "Application Form for Foundation Establishment"(This form requires the business supervisory unit to comment on the review opinions and stamp the official seal.);  
  3. Notice of pre-approval of foundation name;  
  4. Documents approved by the business supervisory unit for establishment(State your agreement to serve as the business supervisory unit of the foundation and assume corresponding responsibilities,Stamped with the official seal of the unit);  
  5. "Application Form for Approval of Articles of Association of the Foundation"(This form requires the business supervisory unit to comment on the review opinions and stamp the official seal.);  
  6. Foundation Charter(According to the type of foundation to be established,Draft with reference to the "Shenzhen Municipal Public Fundraising Foundation's Model Articles of Association" or the "Shenzhen City Non-Public Fundraising Foundation's Model Articles of Association");  
  7. "Foundation Board Meeting Minutes"(All directors present must sign);  
  8. Donation certificate from the fund source unit or individual(If the donor is inconsistent with the sponsor,A separate donation agreement needs to be signed between the donor and the sponsor.,Indicate the donation amount and purpose);  
  9. Capital verification report or bank confirmation letter issued by a qualified accounting firm(6Valid within one month)。
  10. Proof of right to use the premises。

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