Should be responsible for the authenticity of the information, there should be no false records, misleading statements or major omissions, and should not replace the obligation of information disclosure by news release, advertising release and other forms.
Charity organization is a non-profit organization that aims at charity and helps others. It collects a certain amount of money or property through fundraising and then distributes it to people in need.
Open the annual work report and financial accounting report to the public every year. The financial and accounting reports of charitable organizations qualified for public fundraising must be audited. Should be responsible for the authenticity of the information, there should be no false records, misleading statements or major omissions, and should not replace the obligation of information disclosure by news release, advertising release and other forms.
Measures for the administration of charitable organizations:
Before 20 16, there was no definition of charity and charitable organizations in our legislation. Article 3 of the Charity Donation Law and Article 60 of the Trust Law only define "charity".
Judging from its content, the content of public welfare is consistent with charity. It can be seen from the legal provisions that the scope of charity in China is relatively wide and has the characteristics of openness, which is in line with the trend of broadening the scope of charity. 16 Chapter II "Charitable Organizations" of the Charity Law of the People's Republic of China adopted at the Fourth Session of the 12th National People's Congress in March.
Article 8 of this Law clearly states that the term "charitable organization" as mentioned in this Law refers to a non-profit organization that is established according to law, conforms to the provisions of this Law, and aims to carry out charitable activities for the society. Charitable organizations can take the form of foundations, social organizations and social service institutions.
On October 20 18,110, the Ministry of Civil Affairs promulgated the Interim Measures for the Administration of Investment Activities of Charitable Organizations, which made it clear that charitable organizations may not directly buy or sell stocks, purchase commodities and financial derivatives, invest in life insurance products or provide loans to individuals and enterprises in the name of investment. The Interim Measures shall come into force on 20 19 1.
Reference to the above content: Baidu Encyclopedia-Charity Organization