Can Nanyang Disabled Persons' Federation be used as the business unit of Henan Provincial Civil Affairs Department to handle charitable foundations?
All right. Charitable foundation is a legal social organization that uses private wealth for public welfare. The competent business unit of the Charity Foundation of the Civil Affairs Department of Henan Province is Nanyang Disabled Persons' Federation Bank, which is a non-profit legal person established in accordance with the provisions of this Ordinance for the purpose of using the property donated by natural persons, legal persons or other organizations to engage in public welfare undertakings. Nanyang Disabled Persons' Federation was established in April, 1990. It is an enterprise group for the disabled, which integrates their own representative organizations, social welfare organizations and enterprise management institutions.