Legal basis: Article 8 of the Regulations on the Administration of Foundations shall meet the following conditions:
(1) Established for a specific public welfare 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, and the original fund of the non-public offering foundation is not less than 2 million yuan; The original funds must be the received monetary funds.
(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.