A consortium legal person is a collection of most properties, and its foundation is property. If there is no property for a certain purpose, there is no consortium legal person.
As a legal person, a consortium has no individual members and cannot have independent significance. Therefore, it is necessary to set up an administrator to faithfully manage the property according to the purpose of donation, so as to safeguard the public welfare of unspecified people and protect the rights and interests of beneficiaries.
Basically, it belongs to public welfare, such as private schools, research institutions, churches, temples, foundations and charitable organizations.
To put it simply, an individual or group donates a large sum of money to set up a 1 foundation, and an administrator is set up to manage the property and use it for a specific purpose. This is a consortium legal person foundation.