The purpose of stipulating the proportion of annual public welfare expenditure of the foundation is to urge the foundation to achieve the purpose of developing public welfare undertakings and ensure its investment in public welfare undertakings. Stop the foundation from deviating from the public welfare track or stagnating.
Public offering foundations collect donations from the society, and the ratio of expenditure to income is conducive to measuring the efficiency of the use of donation income. According to statistics, at present, the average expenditure ratio of the National Foundation is 50%. In order to promote the activities of the foundation, we set the standard as follows: the annual expenditure on public welfare undertakings shall not be less than 70% of the total income of the previous year.
Non-public foundations do not accept donations, and generally use the interest of funds or funds provided by donors on a regular basis to carry out activities. Therefore, the proportion of public welfare expenditure is determined according to the amount of funds. In order to achieve the dual purpose of promoting the foundation to carry out public welfare activities and encouraging the development of non-public fundraising foundations, the proportion of public welfare expenditure is set at 8% of the fund balance in the previous year. According to the report, 2016,241500 million yuan was donated by domestic and foreign funds and materials, of which Chinese mainland donated14,391500 million yuan, Hong Kong donated1600 million yuan and Macau donated 2.5 billion yuan (there is no authoritative statistics in Taiwan Province Province). Due to the decrease in the donation of anticancer drugs, the total donation in Chinese mainland decreased slightly by 4.05% compared with 20 17, and the proportion of donations to the total GDP was 0. 16%, and the per capita donation was 103. 14 yuan, but the total cash donation exceeded 100 billion yuan, a record.