For non-state-owned enterprises, the board of directors has the power to approve the establishment of a small-scale internal fund. This depends on the authority of the board of directors, otherwise it requires approval by the shareholders' meeting. In terms of fund management, where does the money come from? Is it a regular donation or an irregular donation?
, or allocate it from corporate profits, etc. In terms of management, it is better to have a dedicated account. If you apply, you can stipulate it in the articles of association. If there are any circumstances, employees can apply to the foundation. Approval is generally carried out in accordance with certain rules.
Approval, according to the management rules of the foundation, managers at each level have the authority to set how much donation they can approve, or they only have the authority to report, etc.