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What is the difference between a fund and a foundation?
The foundation is a non-profit organization registered in the civil affairs department and has independent legal personality. According to the regulations, it can be divided into public fund and private fund. There can be several funds under it, such as the "One Foundation" established under the Red Cross in the past. Later, Jet Li set up "One Foundation" in Shenzhen alone, which was the first private public offering foundation established in China.

There are two types of funds according to their nature: 1 is an investment fund, 2 is an endowment fund, and the kindergarten development fund is an "endowment fund";

The State Administration of Non-governmental Organizations stipulates that private non-units (private kindergartens belong to this category) can accept donations, and funds can be set up if donations exceed 500,000. At the same time, it must be declared to the management department at the same level, the accounts are open, and it is subject to public supervision.