Specific process of public welfare foundation
1. To set up a foundation for a specific public welfare purpose, not for non-public welfare purposes;
2. The original capital of local public welfare foundations is not less than 4 million yuan, and the original capital of non-public welfare foundations is not less than 2 million yuan. Whether it is a public offering or a non-public offering charitable foundation, the original funds of the foundation must be the monetary funds received;
3. Having a qualified name, articles of association, organization and full-time staff suitable for public welfare activities;
4. Have a fixed workplace, not verbally or only on paper;
5. Be able to bear corresponding civil liabilities independently;
6. If you apply to become a charity organization at the same time, you must make relevant regulations. See Articles 9 to 12 of the Charity Law of the People's Republic of China for specific provisions.