How do individuals set up funds:

1. According to Article 8 of the Regulations on the Management of Foundations promulgated by the State Council on June 1, 24, the conditions for the establishment of individual charitable funds are as follows:

1. Set up for a specific public purpose;

2. The original fund of the non-public offering foundation shall be no less than RMB 2 million, and the original fund must be the received monetary fund;

3. It has a standardized name, articles of association, organization and full-time staff suitable for its activities;

4. Have a fixed residence;

5. Be able to bear civil liability independently.

2. To apply for an enterprise charitable foundation, the following documents shall be submitted to the registration authority (local civil affairs department):

1. Fill in the application form.

2. Draft articles of registration;

3. The capital verification certificate and residence certificate of the local enterprise fund.

4. List of directors, identification certificates and resumes of the proposed chairman, vice-chairman and secretary-general;

5. Documents approved by the competent business unit.