Relevant information: Charity Law is the first basic and comprehensive law in the field of charity in China, which is not only a milestone for the development of charity in China, but also plays an important role in promoting the healthy and orderly development of social organizations in China. The Ministry of Civil Affairs recently issued the Measures for the Identification of Charitable Organizations and the Measures for the Administration of Public Fundraising by Charitable Organizations, which clarified the relevant conditions that foundations, social organizations and social service organizations should meet when applying for the identification of charitable organizations and the qualification of public fundraising.
According to the relevant provisions of the Charity Law, charitable organizations should obtain the qualification of public fundraising and carry out fundraising activities in the prescribed areas and ways. Charitable organizations should follow the principles of legality, safety and effectiveness to maintain and increase the value of property, and all the investment income should be used for charitable purposes. Charitable organizations shall register the raised property, strictly manage it, use it for special purposes and accept public supervision. The standardization of the certification system of charitable organizations is conducive to healthy competition in the field of charity. More charitable organizations can better allocate charitable resources by competing for public offering qualifications on an equal footing.