Charitable trust was established by the trust company after the promulgation of Charity LawNo. 1 in September this year.
At present, most charitable trusts also cooperate with foundations.
Because foundations are not as good as trust companies in asset management, they are now more inclined to cooperate with trust companies, which are responsible for management and supervision. Ensure the correct use of funds.
To say which is more useful. I think the foundation will be more perfect, but now "foundation+charitable trust" is a better choice.