Shandong University and Qingdao University. Shandong Youth Development Foundation is a public welfare social organization with independent legal personality, which belongs to Shandong Provincial Committee of the Communist Youth League. * * * There are 779 colleges and universities supported by Youth Fund, which are directly given to young colleges and universities, including Shandong University, Qingdao University, China Ocean University and China Youshi University (East China).