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Analysis and Introduction of China Foundation Transparency Index 212 Rankings

Cheng Gang, president of the Foundation Center Network, said that as long as the Foundation disclosed the full text of the annual work report in any channel, and the total project expenditure accounted for 8% of the public welfare expenditure, its score could reach 48.8 points. However, there are 1384 foundations in China with scores below 48.8. "This means that 63% of the foundation compliance indicators in the country are unqualified, but they have all passed the annual inspection of the civil affairs department." Cheng Wenhao, director of Tsinghua University Integrity and Governance Research Center, said.

In addition, through various channels such as official website, print media, etc., there are still more than 2 foundations in China without any other information except their names, and 46 foundations have no contact information.

Article 29 of the Regulations on the Management of Foundations stipulates that the annual expenditure of public offering foundations for engaging in public welfare undertakings stipulated in the articles of association shall not be less than 7% of the total income of the previous year; Non-public offering foundations shall spend no less than 8% of the fund balance in the previous year on public welfare undertakings as stipulated in the articles of association. However, the foundation center network found that some foundations obviously did not comply with the above regulations. For example, in the public offering foundation, the proportion of public welfare expenditure of Hubei Wetland Protection Foundation for two consecutive years accounted for less than 2% of the total income of last year. Among the non-public offering foundations, the public welfare expenditure of Qingdao Tiantai Public Welfare Foundation in 211 only accounted for 1.17% of the net assets at the end of the previous year. But they all passed the annual inspection.