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

Can't a foundation legal person be another legal person?

A foundation legal person refers to a legal person established with funds for the purpose of social welfare. It has independent property rights. The foundation does not have its own members or members, and the managers of the foundation are not members of the foundation. The change of managers should not affect the existence of the foundation.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Article 2 of the Regulations on the Administration of Foundations The term "foundation" as mentioned in these regulations 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.