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What is an education fund?
The education fund is a special fund for education.

Education fund refers to the subsidy granted to education for a certain purpose recognized by law. In western countries, donors are mainly charities, large companies, religious groups, alumni and individuals. The characteristics of education funds are universality, effectiveness and instability. Any individual or organization can donate, because it is cash, so it is timely, but the amount of donation mainly depends on the donor's mind and strength.

The content of this article comes from People's Republic of China (PRC) Financial Code: Applied Edition published by China Law Publishing House.