1, established for specific public welfare purposes;

2. The original fund of the national public offering foundation is not less than 8 million yuan, the original fund of the local public offering foundation is not less than 4 million yuan, and the original fund of the non-public offering foundation is not less than 2 million yuan; The original funds must be the money received;

3. It has a standardized name, articles of association, organization and full-time staff suitable for its activities;

4. Have a fixed residence;

5. Be able to bear civil liability independently.

Second, the steps of foundation establishment:

1. Decide the purpose of the Foundation. Every foundation should have a paper purpose to express its reason for existence.

2. Set up a committee. The initial board will help the working team to turn the ideas behind the foundation into reality through planning and financing. With the development and maturity of the foundation, the nature and composition of the board of directors will also change.

3. Draft articles of association. The articles of association are the operating rules of the board of directors, which should be adopted by the board of directors in the early stage of foundation development.

4. Prepare the original funds needed for registration. The original funds must be the money received.

5. Select the competent business department and obtain the document that the competent business unit agrees to set up. According to the latest policy, some areas don't need to find a business department.

6. Find office space and recruit suitable employees.

7. Fill in the application for legal person registration, determine which civil affairs department to register in, and submit the application for legal person registration to the civil affairs department. The civil affairs departments of the State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government are the registration management organs of the Foundation.

8. Carry out strategic planning. The strategic plan expresses the vision of the foundation's potential. Strategic planning should describe the necessary steps to realize this potential, decide what kind of work team is needed to realize this opportunity, and determine the project and operational priorities for at least one year.

9. Make budget plans and resource development plans. Financial supervision and resource development (such as raising funds, obtaining income and absorbing membership fees) are the most important duties of the Council. The budget and financial plan must clearly describe the resources needed to realize the strategic plan.

10. Establish the filing system of foundation official documents. Registration documents, minutes of board meetings, financial reports and other official documents shall be properly filed.

1 1. Establish an accounting system. Due diligence management of foundation finance needs an established accounting system that can meet current and future needs.

12. Submit a tax reduction application.