Because the foundation is a non-profit organization, its purpose is to exist for public welfare, not for profit. Choosing a non-profit organization as a depositor category can better reflect the nature and purpose of the foundation and enjoy relevant preferential tax policies.

Choosing non-profit organizations as depositors can also enjoy relevant preferential tax policies, such as exemption from value-added tax and enterprise income tax. These preferential policies can help foundations make better use of funds and improve the efficiency of public welfare undertakings. Choosing non-profit organizations as depositors can also improve the credibility and transparency of the foundation and make the public trust and support the work of the foundation more. When a foundation opens a unit bank settlement account, it shall choose a non-profit organization as the depositor.