The beneficiaries of non-profit organizations are unspecified individuals and groups, and any individual or group can accept its funding as long as it meets the requirements of its purpose and business scope. The fund of the foundation comes from and serves the society. The regulations define a foundation as a "non-profit legal person established with the property donated by natural persons, legal persons or other organizations for the purpose of engaging in public welfare undertakings in accordance with the provisions of these regulations". The "Regulations" stipulate that "the foundation's articles of association must specify the public welfare nature of the foundation, and shall not stipulate the contents that will benefit specific natural persons, legal persons or other organizations", which distinguishes the foundation from other trust and investment funds, for-profit fund management organizations and other non-governmental public welfare organizations. Because foundations are public welfare, public offering foundations can raise funds for the public. The property of the foundation must be protected and used for public welfare purposes. The "Regulations" stipulate that "the property and other income of the foundation shall be protected by law, and no unit or individual may privately divide, occupy or misappropriate it." "The remaining property after the cancellation of the foundation shall be used for public welfare undertakings in accordance with the provisions of the articles of association."
China Red Cross Foundation (hereinafter referred to as "China Red Cross Society") is a national public offering foundation initiated by China Red Cross Society and registered by the Ministry of Civil Affairs. It is a non-profit public welfare organization with independent legal personality. China Red Cross Society aims to carry forward the spirit of humanity, fraternity and dedication. Its mission is to improve the situation of the most vulnerable groups, care for and protect people's lives and health, and promote world peace and progress.
Guide to foundation affairs
1. What are the procedures for setting up a foundation?
(1) Submit all valid application materials;
(2) If the Ministry of Civil Affairs examines the documents and approves the registration, it shall issue a Certificate of Registration of Foundation as a Legal Person;
(3) After the foundation is registered, it shall go through the tax registration, apply for the organization code, carve the seal, open a bank account and report to the registration authority for the record.
2. What procedures have the representative offices of overseas foundations gone through?
(1) Submit all valid application materials;
(2) If the Ministry of Civil Affairs examines the documents and approves the registration, it shall issue the Registration Certificate of Representative Offices of Overseas Foundations;
(3) After the representative office of an overseas foundation is registered, it shall go through the tax registration, apply for the organization code, carve the seal, open a bank account, and report to the registration authority for the record.
3. What types of foundations are there?
Foundations are divided into public offering foundations and non-public offering foundations that are not allowed to raise funds from the public. According to the geographical scope of fundraising, public offering foundations are divided into national public offering foundations and local public offering foundations.
4. Where should the foundation be registered?
(1) The civil affairs departments of the State Council and the people's governments of provinces, autonomous regions and municipalities directly under the Central Government are the registration management organs of the Foundation;
(2) National Public Offering Foundation; Foundations with non-mainland residents as their legal representatives; The original fund is more than 20 million yuan, and the promoters apply to the civil affairs department of the State Council for the establishment of a non-public offering foundation; The representative offices established by overseas foundations in Chinese mainland shall be registered with the Ministry of Civil Affairs.
5. What conditions do you need to set up a foundation?
(a) for specific public welfare undertakings
(a) for specific public welfare undertakings
Set up for the purpose;
(2) The original fund of the national public offering foundation is not less than 8 million yuan, the original fund of the local public offering foundation is not less than 4 million yuan, the original fund of the non-public offering foundation is not less than 2 million yuan, and the original fund of the non-public offering foundation registered with the Ministry of Civil Affairs is not less than 20 million yuan. The original funds must be the money received;
(3) Having a standardized name, articles of association, organizational structure and full-time personnel suitable for its activities;
(4) Having a fixed residence;
(5) Being able to bear civil liability independently.
6. What are the requirements for the name of the foundation?
(a) the name of the foundation shall reflect the business scope of public welfare activities, and the name of the foundation shall include the name and the business scope of public welfare activities in turn, and end with the word "foundation". No font size shall be used in the name of a public offering foundation, and the name or font size of a natural person, legal person or other organization shall not be used as the name of a public offering foundation;
(2) A national public offering foundation shall use the words "China", "China", "National" and "National" in its name. Non-public offering foundations shall not use the above words.
(3) Local public offering foundations and non-public offering foundations registered by the civil affairs departments of the people's governments of provinces, autonomous regions and municipalities directly under the Central Government shall be named after the names of administrative divisions at or above the county level. With the names of administrative divisions below the provincial level, the names of provinces, autonomous regions and municipalities directly under the central government can be used at the same time. If it is crowned with the name of a municipal district, it shall also be crowned with the name of the city;
(4) The name of a non-public offering foundation may be the name of a natural person, legal person or other organization, while the name of a public offering foundation may not be the name of a natural person, legal person or other organization.