1, established for specific public welfare purposes;

2. The original standard of national public offering foundation is 8 million, the original standard of local public offering foundation is 4 million, and the fund standard of non-public offering foundation needs to reach 2 million; The original funds must be the funds received;

3, the foundation needs a standardized name and articles of association, and has the ability to organize staff to carry out various activities;

4. The foundation has a fixed residence, and its managers have full capacity for civil conduct.

A foundation refers to a non-profit legal person established for the purpose of engaging in public welfare undertakings by using the property donated by natural persons, legal persons or other organizations in accordance with the provisions of these regulations.

laws and regulations

Regulations on the management of foundations

Article 9 To apply for the establishment of a foundation, the applicant shall submit the following documents to the registration authority:

(1) an application;

(2) Draft articles of association;

(3) capital verification certificate and residence certificate;

(4) The list of directors, identity certificates and resumes of the proposed chairman, vice-chairman and secretary-general;

(5) The document that the competent business unit agrees to set up. Article 10 The articles of association of a foundation must specify the public welfare nature of the foundation, and may not specify the contents that will benefit specific natural persons, legal persons or other organizations.

The articles of association of the foundation shall specify the following items:

(1) Name and domicile;

(two) the purpose and business scope of the public welfare activities;

(3) The original fund amount;

(4) The composition, powers and rules of procedure of the school board, qualifications of directors, procedures for formation and term of office.

(five) the responsibilities of the legal representative;

(six) the duties, qualifications, procedures and term of office of the supervisor.

(seven) the preparation and examination system of financial and accounting reports;

(eight) property management and use system;

(nine) the conditions and procedures for the termination of the foundation and the disposal of the property after termination. Article 13 To establish a representative office in the mainland of China, an overseas foundation shall submit the following documents to the registration authority after obtaining the consent of the relevant competent business units:

(1) an application;

(2) the certificate of legal registration and establishment of the foundation abroad and the articles of association of the foundation.

(3) The identity certificate and resume of the person in charge of the proposed representative office;

(4) proof of residence

(5) The document that the competent business unit agrees to set up a representative office in the mainland of China.

The registration authority shall, within 60 days from the date of receiving all valid documents listed in the preceding paragraph, make a decision on whether to approve or disapprove the registration. If the registration is approved, the Registration Certificate for Representative Offices of Overseas Foundations shall be issued; If the registration is not granted, the reasons shall be explained in writing.

The establishment and registration of representative offices of overseas foundations include: name, domicile, business scope of public welfare activities and person in charge.

The representative offices of overseas foundations shall engage in public welfare activities that conform to the nature of public welfare undertakings within the territory of China. Overseas foundations shall bear civil liability for the civil acts of their representative offices in the mainland of China in accordance with the laws of China.