China International Yi Hongjuan Foundation was established in 2022, located in the Hong Kong Special Administrative Region. It is an international public welfare fund initiated by the World Federation of Chinese Businessmen and other social organizations and registered in the government registry of China Special Administrative Region, with Wang Zhibin as its president and Liu He as its director. China International Yi Hongjuan Foundation gathers the love of Chinese businessmen at home and abroad, promotes the traditional virtues of the Chinese nation, helps the socially disadvantaged groups, promotes the development of social welfare undertakings and serves the construction of a harmonious society in China. The main service scope of the Foundation: working closely with relevant charitable organizations to vigorously carry out social assistance such as life assistance, housing assistance, employment assistance, public welfare marketing consultation, medical assistance and education aid; Help the urban and rural poor to improve their production and living conditions through various means; Carry out international exchanges and cooperation in social assistance work and provide social assistance consulting services for related public welfare activities.
Charitable foundations are legal or not, and they can't be killed with one pole.
China Charity Foundation and other legal charitable foundations.
There are many illegal ones, such as Wuxiang Charity Foundation, Minghuan Charity Foundation and so on.
Many illegal charitable foundations swindle under the banner of "unfreezing state assets" and pay thousands of dollars. After thawing, assets can be divided into millions of assets. These swindlers like to cheat the elderly.
The staff of the foundation can be paid.
Charitable foundations are divided into public offering foundations and non-public offering foundations that are not allowed to raise funds from the public. Public foundations, such as china charity federation, Red Cross, Soong Ching Ling Foundation, etc., are difficult for people to be allowed to set up public foundations. Non-public offering foundations raise funds from specific groups to carry out charity, or are set up by specific groups to raise donations from members. Private equity foundations are basically non-public foundations.
According to the Regulations on the Management of Foundations, the establishment of non-public offering foundations requires dual management: not only registration with the Ministry of Civil Affairs (actually approval), but also a "business competent unit" related to charity.
Legal basis:
Regulations on the Administration of Foundations Article 3 Foundations are divided into public offering foundations (hereinafter referred to as public offering foundations) and non-public offering foundations (hereinafter referred to as non-public offering foundations). According to the geographical scope of fundraising, public offering foundations are divided into national public offering foundations and local public offering foundations.
Article 8 To establish a foundation, the following conditions shall be met:
(1) Established for a specific public welfare purpose;
(2) The original fund of the national public offering foundation is not less than 8 million yuan, the original fund of the local public offering foundation is not less than 4 million yuan, and the original fund of the non-public offering foundation is not less than 2 million yuan; The original funds must be the received monetary funds.
(3) Having a standardized name, articles of association, organizational structure and full-time personnel suitable for its activities;
(4) Having a fixed residence;
(5) Being able to bear civil liability independently.