I. Different definitions

Fund broadly refers to a certain amount of funds set up for a certain purpose. It mainly includes trust and investment funds, provident funds, insurance funds, retirement funds and funds of various foundations. A foundation refers to a non-profit legal person established for the purpose of engaging in public welfare undertakings by using the property donated by natural persons, legal persons or other organizations in accordance with the provisions of these regulations.

Second, the classification is different.

Funds can be divided into open-end funds and closed-end funds, as well as stock funds, bond funds, money market funds and futures funds. As a basic social organization and institutional form, foundation is not only different from government and enterprises, but also different from general non-profit organizations. It is public welfare, non-profit, folk and fund trust.

Third, the characteristics and functions are different.

According to different organizational forms, funds can be divided into corporate funds and contractual funds. A fund is established by issuing fund shares to establish an investment fund company, which is usually called a corporate fund; The establishment of fund managers, fund custodians and investors through fund contracts is usually called contractual funds.

Foundations are the propeller of civil society development. Civil society emphasizes everyone's ability to act independently. The foundation has changed the traditional social structure and wealth structure, which not only promotes the gathering of social wealth outside the government and enterprise departments, but also gives the control of social resources to citizens' representatives through the public welfare operation of the foundation, centralizes the scattered citizens' will, returns citizens' rights to citizens, and promotes the development of civil society.

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