Charitable foundation is a non-profit organization that collects a large number of charitable donations and carries out charitable work under a specific purpose and scope. It helps people and social organizations in need, promotes good deeds, supports vulnerable groups and promotes the harmonious development of society by setting up funds and donations. Compared with charitable organizations, charitable foundations are more formalized and legalized, and their charitable goals are more clear, and their operation mode is more standardized. Most of them are set up by the government or enterprises.

Charitable foundations play an important role in social assistance. It helps the poor with funds, subsidizes reconstruction, environmental protection and scientific research in disaster areas, and promotes social welfare undertakings with practical actions. Charity foundation is not only the executor of grants, but also plays a more important role in encouraging more people to participate in public welfare undertakings, forming a more distinctive charity culture, enhancing social public welfare responsibility and self-motivation.

With the rapid development of social economy, the philanthropy in China presents an unprecedented development momentum. The government and non-governmental charitable organizations have set up a number of large charitable foundations with rich practical experience, which have contributed a lot to the development of charity. In the future, we should further optimize the management mode and operation mechanism of charities, focus on cultivating professional and large-scale charitable talents, increase policy support, and inject strong impetus into the sustainable development of charities.