Are the Jack Ma Charity Foundation and the Alibaba Foundation both owned by Jack Ma personally?

There are certain differences between the Jack Ma Charity Foundation and the Alibaba Charity Foundation. The former belongs to Jack Ma personally, while Jack Ma is only one of the participants in the Alibaba Foundation and does not belong to Jack Ma personally.

First, the Jack Ma Charity Foundation was established with Jack Ma’s personal investment. The Jack Ma Charity Foundation was established in 2014, and this foundation was mainly funded by Jack Ma personally. A fund that does not receive donations from the community or other channels is considered a "non-public foundation". The establishment of this foundation has made outstanding contributions to my country's public welfare undertakings. Ma Yun has carried out a series of activities with his own influence. The foundation solves education problems in poor areas and improves the natural environment, etc. In recent years, Jack Ma has focused his work on public welfare, and has paid special attention to improving the quality of rural teachers. This is also a key project of the Jack Ma Charity Foundation. The Jack Ma Rural Teacher Award was established with the purpose of improving the overall level of rural teachers in my country and improving the education gap in poverty-stricken areas. Jack Ma's public welfare project is also related to his own experience, and Jack Ma focused on rural teachers and rural education, which is a feat for rural education in China.

Second, Jack Ma is only one of the volunteers in the Alibaba Charity Foundation. The establishment of the Alibaba Charity Foundation is mainly for Alibaba to use a certain amount of the group's annual profits as a charity fund. Jack Ma's position in the Alibaba Charity Foundation is only one of them, which is very different from the Jack Ma Charity Foundation. We have established relevant personnel specifically responsible for the management of the foundation, and launched a unique "Alibaba Charity Model", which integrates charity and business to a certain extent. The public welfare projects involved are similar to the Jack Ma Foundation, but the Ali Foundation focuses on environmental protection. For example, we are familiar with the "Ant Forest", which has planted large areas of public welfare forests in arid areas of the west to improve the natural environment. These are all outstanding contributions made by Alibaba Charity Fund.