(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 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.

To apply for the establishment of a foundation, the applicant shall submit the following documents to the registration authority:

(1) an application;

(2) Draft articles of association;

(3) capital verification certificate and residence certificate;

(4) The list of directors, identity certificates and resumes of the proposed chairman, vice-chairman and secretary-general;

(5) The document that the competent business unit agrees to set up.

The articles of association of the foundation must specify the public welfare nature of the foundation, and shall not specify the contents that will benefit specific natural persons, legal persons or other organizations.

The articles of association of the foundation shall specify the following items:

(1) Name and domicile;

(two) the purpose and business scope of the public welfare activities;

(3) The original fund amount;

(4) The composition, powers and rules of procedure of the school board, qualifications of directors, procedures for formation and term of office.

(five) the responsibilities of the legal representative;

(six) the duties, qualifications, procedures and term of office of the supervisor.

(seven) the preparation and examination system of financial and accounting reports;

(eight) property management and use system;

(nine) the conditions and procedures for the termination of the foundation and the disposal of the property after termination.