Charitable foundations are neither the board of directors nor the board of supervisors. Charitable foundations are usually managed and supervised by the board of directors or the board of supervisors. The board of directors of charitable foundations is responsible for formulating and implementing the overall strategy and objectives of the organization, and supervising and managing the daily operation of the foundation. The Board of Supervisors is mainly responsible for supervising and reviewing the financial status and accounts of charitable foundations, ensuring that the use of funds of the foundation is in compliance with regulations and ensuring transparency and compliance. Therefore, charitable foundations are neither the board of directors nor the board of supervisors.