If the enterprise has established a charitable foundation, it can donate money and materials to the society on its own. However, due to the nature of corporate charitable foundations, they have no right to raise funds from the society; Large-scale charitable investments of enterprises, such as the establishment of Hope School, Hope Park and Helping the Disabled Center, must go through the declaration procedures of Zhejiang Provincial Civil Affairs Department and then be examined and approved by the Bureau of Land Management.

Since charitable foundations are completely public welfare departments, what "benefits" make enterprises so keen on charity?

According to western economics, citizens and enterprises can choose two different ways to perform the duties of taxpayers: they can give part of their income to the government as tax; Or donate it to charity as a social donation. There is no order or difference between the two. In this way, instead of paying taxes to the government, it is better for individuals and enterprises to decide the public expenditure of this fee, and it is better to use part of their income as social feedback and directly use it for public welfare or welfare undertakings. This leads to one of the "charity benefits": individual enterprises do not take government channels = tax exemption.

Of course, the benefits of charitable funds being talked about by western enterprises are not only "tax exemption", but also "soft advertisements" called brands by western entrepreneurs. In foreign countries, every entrepreneur has an idea: corporate brand is not only corporate property, but also social public property. On a larger scale, the brand will even become a symbol of a city, a province, a country or an era. Therefore, many foreign entrepreneurs are very willing to invest in charitable funds to build "public welfare brands", so that the "characteristic brands" of enterprises can reflect public welfare values, enhance affinity and attract consumers. Furthermore, for enterprises, charitable foundations create activity funds through voluntary donations among employees, help employees in difficulty, and increase the cooperation and interaction of all employees, which is conducive to creating a "harmonious and happy" corporate moral culture.