The foundation is a non-profit legal person. Foundation, also known as charitable foundation, refers to a non-profit legal person with public welfare nature established in accordance with relevant regulations by using funds donated by other organizations such as natural persons. According to the form of fundraising, foundations are generally divided into those that raise money for the public and those that don't. According to the different scope of raising, public offering foundations can be divided into national public offering foundations and local public offering foundations.

Introduction to the Foundation The Foundation was first developed in the United States. The most famous foundations in the world are Carnegie Foundation and Rockefeller Foundation, both established in 1900. In 2000, Bill Gates and his wife founded the Bill and Melinda Gates Foundation, which is the largest charitable foundation in the world. 198 1 year, the first foundation in China was established. Later, with the development of society and the change of policies, the foundations in China are constantly changing and developing. Since 2004, foundations in China have entered a stage of rapid development.