Speaking of foundations, many people's first reaction is to donate money to charities to promote the development of public welfare undertakings. Almost every "big" company will set up its own enterprise foundation, so what else is there besides helping public welfare undertakings?

Benefits and Value: Establishing a brand and improving the image and popularity of corporate social responsibility is equivalent to "soft advertising", so many celebrities and companies have set up foundations.

The foundation will contact or promote foreign exchanges and relations with the government. For example, the initial contact between the Niu Gensheng family of Mengniu and the Rockefeller family of the United States, and the subsequent exchanges and cooperation were all based on the cooperation and exchanges between the Rockefeller Foundation and the Old Bull Foundation.

From the tax point of view, both individuals and enterprises can enjoy the tax credit policy by setting up foundations and making large donations every year. And you can kill two birds with one stone, reduce taxes and do good at the same time.

Family inheritance, the foundation will be fixed wealth, dedicated to charity, forming a sustainable form of wealth use. Facts have proved that great wealth can be passed down from generation to generation. The secret is not to keep wealth, but to use it correctly. Family foundation is the best model. For example, the Rockefeller family in the United States, with abundant capital, has survived for six generations and is still thriving.

In addition, although the foundation is a non-profit legal person, it does not mean that the foundation is not profitable. According to the provisions of the General Principles of Civil Law, a non-profit legal person refers to a legal person established for public welfare or other non-profit purposes without distributing profits to investors, promoters or members. Therefore, in the operation mechanism, the foundation is more and more specialized and enterprise-oriented.

Foundation registration conditions: Foundation name: as FOUNDATION LTD；, a public non-profit foundation; Provide at least 3 members; Registered capital of non-profit organizations; Registered address; Lawyers and auditors guarantee.

Generally speaking, the operation of foundations with enterprise names still depends on enterprises. Some funds and volunteers mostly come from their own enterprises, but the purpose is for public welfare. In order to fulfill the social responsibility of an enterprise, many powerful enterprises will set up their own foundations.