The assets raised by the foundation each year are more than 5 billion yuan. A foundation refers to a non-profit legal person established in accordance with the provisions of these regulations to engage in public welfare undertakings by using the property donated by natural persons, legal persons or their user organizations. Xinhua News Agency According to data released by the Ministry of Civil Affairs on the 30th, there were 975 foundations in China in 2005, including 722 public welfare foundations and 253 non-public welfare foundations. The total assets of the National Foundation exceed 6,543.8 billion yuan, and the funds raised each year exceed 5 billion yuan, and the public welfare projects carried out benefit millions of people.

1. Raise more than 5 billion yuan every year,

Li Jiang, Vice Minister of the Ministry of Civil Affairs, said that allowing non-public offering foundations to be named after enterprises and individuals has further mobilized the enthusiasm of enterprises and individuals to donate and increased the sources of funds for public welfare undertakings. The fund-raising ability of public foundations has also been improved, and a number of foundations with large public welfare investment and low operating cost have emerged, such as China Foundation for Poverty Alleviation, China Youth Development Foundation and China Welfare Foundation for the Disabled, which have provided successful experience for establishing a benign operating mechanism of foundations.

2.20 12 years, the number of full-time staff of the foundation of the user country 10345, an increase of 18 13 over the previous year.

As the country with the largest working population in the world, the number of full-time employees in the whole foundation industry has just exceeded 1 10,000. At present, the imbalance between supply and demand of professional talents is a major bottleneck in the development of foundations. Summarizing the development in the above five aspects, the report puts forward three development trends of China Foundation in 20 12 years: the growth trend of quantity, asset scale and expenditure.

To sum up, foundations can be divided into those that raise money for the public and those that cannot. Charitable fundraising foundations are divided into national charitable fundraising foundations and local charitable fundraising foundations according to the geographical scope of fundraising. According to the Regulations on the Administration of Foundations, foundations must be registered in the civil affairs department to operate legally, and they are essentially non-profit organizations.