How to deal with illegal lending by foundations?
Give a warning and order to stop the activity. If the circumstances are serious, the registration may be revoked. A foundation refers to a non-profit legal person established for the purpose of engaging in public welfare undertakings by using the property donated by natural persons, legal persons or other organizations in accordance with the provisions of these regulations. Among them, the foundation will be given a warning and ordered to stop its activities. If the circumstances are serious, the registration may be revoked. If the amount of illegally issued loans is huge or causes heavy losses, he shall be sentenced to fixed-term imprisonment of not more than five years or criminal detention, and shall also be fined not less than 10,000 yuan but not more than 100,000 yuan; If the amount is especially huge or especially heavy losses are caused, he shall be sentenced to fixed-term imprisonment of not less than five years and fined not less than 20,000 yuan but not more than 200,000 yuan.