Public Opinions Sought on Provisions on Standardizing Activities of Foundations
Pages | 7-8 |
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侚, http://www.china.com.cn/policy/txt/2012-04/25/content_25231947.htm
China.com.cn, http://www.china.com.cn/policy/txt/2012-04/25/content_25231947.htm.
4/25/2012
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Public Opinions Sought on Provisions on Standardizing Activities of Foundations
On April 24, the Ministry of Civil Affairs began to seek public opinions on “Several
Provisions on Standardizing Activities of Foundations (Trail) (Draft for Public
Opinions)” (hereafter “the Draft”) and explained the context, main contents, key
problems which are to be solved, activities to be standardized and legal validities of the
Provisions.
The Draft mainly focuses on standardizing three activities of foundations, including
acceptance and use of donations, trading, cooperation and value-preserving/ value-adding
activities between foundations, as well as information disclosure.
At the end of 2011, the number of foundations has reached 2500, with total assets of over
60 billion RMB. In 2011, their total annual income from donations is 33.7 billion RMB,
with total annual expenditure of 25.6 billion RMB.
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http://www.court.gov.cn/xwzx/fyxw/zgrmfyxw/201204/t20120414_175938.htm,
www.court.gov.cn$
http://www.court.gov.cn/xwzx/fyxw/zgrmfyxw/201204/t20120414_175938.htm.
4/14/2012
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