Can an individual set up a foundation in the name of public welfare?
What are the conditions for setting up a foundation? If individuals or several good friends want to do something for society together, for example, they want to set up a cultural and educational foundation for poor students to help some young students in society. The source of scholarship is the fixed interest of the foundation itself, so what is the highest interest that the government can give, and which administrative figures the foundation needs to distinguish? Do they need a chairman and some employees? If it is organized in the form of volunteers, is it necessary to pay wages?