Formal security. According to the public service platform of chinese social organizations, Shanghai Shude Public Welfare Foundation is a non-profit organization established according to law and a charitable organization. The Foundation was established on 20 12 1 1.06, which is a non-public offering foundation. It has been almost seven years since its establishment. The funds raised by Shanghai Shude Public Welfare Foundation are mainly used to help poor college students complete their studies and help families with special difficulties through the aided college students.