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. It is an important source of funds for some universities, especially private prestigious schools. For example, in 198 1, 1888, American institutions of higher learning have 23.47 billion dollars in funds, among which Harvard University, University of Texas at Austin, Yale University, Stanford University and Princeton University have 7.4 billion dollars in funds, accounting for 3/kloc-0 of the total funds. It has played an important role in providing student scholarships, promoting the construction of key disciplines and the development of key scientific research projects. Enjoy tax-free privileges. In China, this kind of fund is being formed, which is mainly used for special assistance related to education, especially incentive assistance.