Public trust can be established in two ways. One way is that one or more specific clients will hand over the donated property to a trust company to set up a trust, and the trust company will manage, use and dispose of the trust property and distribute the trust benefits to the beneficiaries according to the public purpose and beneficiary scope specified by the clients. The other is that the trust company raises funds from the public through fundraising for a certain public welfare purpose, and invests with the raised funds in order to benefit the public or a certain range of the public, and all the investment proceeds are used for the public welfare purpose disclosed to the public at the time of fundraising.
both of these methods can be open, that is, donations are open during the trust period. For a charitable trust initiated by a specific client, the object of open donation can be the original client himself, and the donation can also be opened to other public with the consent of the original client; For charitable trusts established by trust companies, donations should be open to the public from beginning to end.
the establishment of charitable trusts initiated by specific clients shall be carried out in accordance with the trust law, the measures for the administration of trust companies and the notice. Pay special attention to the fact that no matter whether there is one or more clients, it must not be limited to the shackles of the Measures for the Administration of Trust Plans for Trust Companies' Collective Funds; On the basis of observing the above trust laws and regulations, the establishment of charitable trusts donated by trust companies can learn from the relevant provisions of the Securities Investment Fund Law and the Measures for the Administration of Securities Investment Fund Sales according to the essential characteristics of charitable trusts. For example: the selection of fund-raising agencies; Compilation and release of fund-raising publicity and promotion materials; Making of Prospectus and Trust Contract; Open the registration of fundraising, etc.