Charities draw a certain percentage of their donations as daily expenses and employees' salaries, which is only a small part. In fact, charitable organizations generally have great financial strength, so they can put these abundant funds into the capital market, such as stocks, securities, futures, real estate and other industries, so as to earn profits. Of course, the money earned in principle should also be used for charity. One of the most famous is the Bill and Melinda Gates Foundation! Please see related reports:

Although the Gates Foundation is a charity, it is also a very profitable foundation. Bill Gates is a person who advocates risk diversification and balanced investment. Gates Fund mainly invests in some enterprises in the old American economy, and is also known for its "diversification" and "conservatism" in investment. Its usual practice is to "absorb while the price is low", that is, to buy some enterprise stocks whose prices have fallen to a very low level and wait for the stock price to rise and make a profit. Its successively invested companies include Newport News Shipbuilding Company, Alaska Natural Gas Group Company, Sunisal Iron and Steel Industry Company, W. Tortel Electric Power Company, Ekos Pharmaceutical Company, Seattle Gene Company, etc.

Among the projects invested by the Gates Foundation, more than $6.43 billion is invested in short-term investment projects, including US government bonds, high-grade commercial paper and short-term discounted bonds. US$ 265,438 billion was invested in bonds, cash and other projects, such as domestic and international mutual fund investments, high-yield corporate securities and international corporate and government securities. The amount invested in stocks accounted for $5.24 billion, including American and international stocks and private equity investment funds. Among them, 5 billion dollars of safe loan products were deducted.

According to Forbes, according to its annual report, in 2003, the foundation received a return of $3.9 billion with a capital of $26.8 billion. This total amount is more than three times the income from its property transfer of $6,543,802 million. In 200 1 year, the average return on investment of Gates Fund is about 18%. Among them, more than half came from the proceeds of Microsoft capital donated by Gates. Its stock operating cost is lower than per share 1 cent. Even when the dividend of the S&P 500 index drops 12%, the annual return of the Gates Fund can reach 7.8%. These figures show that the focus of this charity seems to be not charity, but return on investment.

At the end of July, the Gates Foundation was approved as QFII by the China Securities Regulatory Commission. At the same time, it became the first overseas institution to obtain QFII qualification in the name of the foundation. Prior to this, most institutions that obtained QFII qualification were some overseas insurance companies or investment banks.