Public offering foundations are divided into national public offering foundations and local public offering foundations according to the geographical scope of raising. For non-profit organizations, the voluntary donation of resources by the public is determined by the public's willingness to donate, rather than the coercion of capital mechanism and the transaction of market mechanism. Generally speaking, the credibility of a public offering foundation is to publicly explain the flow of various resources obtained by the institution, and whether various operations are effective and conform to the purpose and social commitment of the institution, so as to prove that it is a reliable institution.
What kind of organization is the foundation?
The foundation is a non-profit organization. Foundation refers to the property donated by natural persons, legal persons and other groups, which specializes in some public welfare activities and becomes a non-profit legal person in accordance with legal procedures and requirements. There are usually two kinds of foundations, one for the whole society and the other for the whole society.