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What are the Beijing foundations?
Extended data:
Oriental Fund Management Co., Ltd. Floor 2 16, Yingtai Business Center, No.28 Financial Street, Xicheng District, Beijing ICBC Credit Suisse Bank Fund Management Co., Ltd. No.88 Chaonei Street, Dongcheng District, Beijing Huashang Fund Management Co., Ltd. Floor C 15, International Investment Building, No.6 Fuchengmen North Street, Xicheng District, Beijing Huaxia Fund Management Co., Ltd. Jianxin Fund Management Co., Ltd., Zone A, Tianzhu Airport Industrial Zone.
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. Foundations are divided into those that raise funds for the public and those that are not allowed to raise funds for the public. According to the geographical scope of fundraising, public offering foundations are divided into national public offering foundations and local public offering foundations. According to the Regulations on the Administration of Foundations, foundations must be registered with the civil affairs department before they can operate legally. Essentially, foundations are non-profit organizations.
Features and functions:
Features of the Foundation:
As a basic social organization and institutional form, foundation is different from government, enterprises and general non-profit organizations. The basic characteristics of foundations are public welfare, non-profit, non-government and fund trust.
1, public welfare
The public welfare of the foundation is reflected in three aspects: first, the foundation comes from donation, which is an institutionalized and organized form of public welfare donation; Second, the foundation has a clear public welfare purpose; Third, the foundation has a clear public welfare purpose and benefits specific groups and the whole society through various project activities. Public welfare determines that the foundation is essentially a social welfare organization.
2. Nonprofit organizations
Non-profit is embodied in the operation and management of the foundation and its corresponding system norms, which are manifested in three aspects: first, there is a non-profit distribution and income restraint mechanism, which requires the donors and actual entrusted managers of the foundation not to obtain benefits from the foundation's property and its operation; Second, there is a non-profit organization operation and management mechanism, which requires the foundation to have a self-control mechanism to effectively avoid higher risks and obtain higher returns; Third, there is a non-profit property preservation mechanism, which requires the foundation not to change the property and property rights structure by other means than donation.
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