Family foundation refers to a fund whose funds mainly come from multiple members of the same family. Whether it exists in the form of trust, offshore company, single account or bank account, it can be collectively called "family fund". The concept of family fund is popular in Europe and America, but it has just started in China. What are the conditions for the establishment of a family fund?

1, established for specific public welfare purposes;

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. It has a standardized name, articles of association, organization and full-time staff suitable for its activities;

4. Have a fixed residence;

5. Be able to bear civil liability independently.

This concludes the introduction of the conditions for the establishment of family funds.