First, charitable purposes.
Rich people often participate in social welfare undertakings by setting up foundations to realize the social value of personal wealth. Foundations can provide financial assistance to poor students, patients and victims of natural disasters, and help socially disadvantaged groups. At the same time, the rich can also support scientific research and innovation and environmental protection through foundations to promote social progress and development.
Second, the purpose of social impact
Setting up a foundation is also a way for the rich to show their sense of social responsibility and transmit positive energy. Through the charitable activities of the foundation, the rich can guide the social atmosphere and promote the construction of social morality. In addition, the establishment and operation of the foundation will also help to enhance the social image of the rich individuals and enhance public recognition and respect for them.
Third, the purpose of family inheritance.
For wealthy families, foundations can also be used as a way of inheriting family fortune. The rich use part of their wealth for public welfare, which can avoid the loss of family fortune due to inheritance disputes and realize the preservation and appreciation of family fortune. At the same time, the foundation can also be used as a platform for family descendants to receive education and cultivate a sense of social responsibility, which is conducive to the inheritance of family culture and values.
Fourth, personal reputation purpose.
Setting up a foundation also helps the rich to enhance their personal reputation. Through the charitable activities of the foundation, the rich can show their charitable spirit and sense of social responsibility and win public praise and respect. The promotion of this reputation will not only help the rich to cooperate and develop in the business field, but also help them to establish a good image in the social circle.
To sum up:
The purpose of the foundation established by the rich covers charity, social influence, family inheritance, personal reputation and many other aspects. Through the operation of foundations and public welfare activities, the rich realize the social value of personal wealth, show their sense of social responsibility, inherit family culture and enhance their personal reputation. These aims * * * isomorphically become the motivation and motivation for the rich to set up foundations.
Legal basis:
the charity law of the people's republic of china
Article 8 provides that:
Charitable organizations can take the form of foundations, social organizations and social service institutions. A charitable organization shall comply with the provisions of this Law, be established in accordance with this Law and obtain a certificate of recognition of charitable organizations.
People's Republic of China (PRC) Public Welfare Donation Law
Article 2 provides that:
This Law is applicable to natural persons, legal persons or other organizations that voluntarily donate property to legally established public welfare social organizations and public welfare non-profit institutions for public welfare undertakings.