A foundation is a social organization that uses the property donated by natural persons, legal persons or other organizations to engage in public welfare undertakings. According to the Regulations on the Administration of Foundations, foundations must be registered with the civil affairs department before they can operate legally. Essentially, foundations are non-profit organizations. Guangdong 2 1 Century Education Foundation was registered with the approval of Guangdong Provincial Civil Affairs Department on 2065438+20041October 26th.

The Education Foundation is a non-profit organization established in accordance with the Regulations on the Administration of Foundations, mainly for education. China has a large population and the economic conditions in some remote areas are very limited. It is not enough to solve cultural and educational problems only by local forces. Promoting the development of local basic education needs the help of social education public welfare organizations. This is also the original intention of Guangdong 21st Century Education Foundation-supporting the development of education, carrying out various support and funding projects and other charitable activities related to education.

Foundations mainly have the following four characteristics: public welfare, non-profit, non-government and trust. Public welfare means that the original intention of the foundation is to do public welfare and help people in need, and all the funds for the foundation to hold public welfare activities come from social donations. Non-profit refers to the property donated by the public to the foundation for public welfare projects, and managers may not obtain income from it. Non-government means that it is independent and can be decided and managed independently by legal persons. The trust of the fund means that the fund is equivalent to a trust, and it is a public trust formed between the donor and the beneficiary, which centralizes the operation of the property and realizes the preservation and appreciation of the public property.

We can classify foundations according to the objects of raising funds: foundations that raise funds for the public are public foundations, and foundations that do not raise funds for the public are non-public foundations. Among them, public offering foundations can be divided into national public offering foundations and local public offering foundations according to the regions where donations are raised.

According to statistics, there are more than 7,000 foundations in China, and Guangdong Province has the largest number of foundations, reaching more than 1 1,000. This shows that the foundation in China is not just a small group, it is growing and developing rapidly. The number of charitable organizations in China is also increasing. The foundation helps people in need in the form of charity, gives people from all walks of life a channel to help them fulfill their social responsibilities, and pushes the society forward in a more harmonious and beautiful direction.