One fund can become a

 Editor's note

China, most of the already existing private foundations established by government departments, with a strong administrative color. The One Foundation Shenzhen Special Economic Zone policy, relying on innovation, successful transition to a direct public offering, the possibility of Shenzhen One Foundation Analysis of the relevant experts are invited.

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Wang Fu Yong Reporter

guests

Yijun Wu Han University, Ph.D. in Sociology,

ying Southwest University of Finance Ph.D.

Lee Sung China University of Political Science JD

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One Foundation became public offering

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Moderator: January 11, the Shenzhen Public Foundation One Foundation was formally established, successful transition to private foundations. Foundation, initiated by the popular forces incorporated public foundation, the event will become a new milestone in China's charity. Successful transition to the positive significance of raised funds, where?

ying: the significance of the successful transformation is reflected in the institutional foundations of a breakthrough. In China, only raised funds to raise public donations, the overwhelming majority of raised funds have government background. Want to open people raising money for public funds, private foundations must be anchored under the can, so that a direct impact on the independence of civil background Foundation, the Foundation has a direct impact on the operation of such effects. The successful transformation of Shenzhen One Foundation public offering, people power into the general background of public funds by the government-led The significance of this change is the transformation of One Foundation will fund groups in China, a competitive public offering, demonstration, and energy reform, raised funds to promote the existing standard operation more efficient and will effectively promote the development and improvement of relevant laws and regulations from systems to promote the health of China's steady development charity.

Lee Sung: converted public offering itself is not the most important, it is important into any public offering after the actual performance of One Foundation, whether the background of the market to maximize the value inherent in the positive, such as project delivery, the Fund's operations, such as the Image has a big difference. Significance of this specimen is the most important.

According to Ministry of Civil Affairs statistics show that the end of 2009, China had more than 1,800 foundations, including private foundations for the 991. Non-raised funds, that is, those non-official background, you can raise money for public funds, the most typical feature is the engaged in public welfare activities must be carefully developed. Charity system in China is not perfect, imperfect monitoring case, if the blind and the rush to hasty development of non-public fund may be because too many foundations, fund-raising rate is too high, causing public resentment of charitable contributions, will take to the operation of public projects, financial and fund management and other regulatory challenges. The development of Chinese non-governmental charitable organizations, it is imperative not to become private foundations, to contribute to the community, but to strengthen industry self-regulation, improve credibility.

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One Foundation, how to go after the transition

Moderator: After a successful public offering does not mean that will be converted to necessarily lead to success Fund, for tomorrow, How can we do better?

ying: From One Fund team, we can observe one funds to change the traditional practice of public funds some clues. One Foundation Sponsors Shenzhen Jet Li One Foundation of Shanghai Charity Foundation, Stella Foundation, Tencent Charity Foundation, the MassMutual Foundation Public Welfare Foundation and China Vanke, each invested 10 million yuan sponsoring agencies. National Development Research Institute of Peking University as the director and legal representative Zhou Qiren, Vanke chairman Wang Shi served as Chairman of the Executive Committee of the Shenzhen Municipal Civil Affairs Bureau, party members, civil society organizations Authority, Maloney served as Board of Supervisors. Terms of a solid background of the promoters, especially economists, Zhou Qiren to join, people will feel that this charitable foundations to operate in accordance with economic laws of a foundation, thereby increasing the value of the premise of guaranteed funds continue to carry out public welfare.

modern development of non-governmental charitable organizations and more vigorous for the moment, failed to achieve sustainable development. At present, China Charity Foundation, and the idea of building the theory is relatively weak, basically a blank area in the study. The idea of building theory and the development of charitable organizations to guide and promote the strategic significance of charitable organizations to accelerate development and enhance their level of development to accelerate their degree of specialization has very important meaning, so charitable organizations should be strengthened theory and concept building. Increasing the value of charitable funds, charitable organizations, a necessary condition for sustainable development. However, increasing the value of the fund, to be completely decoupled with charity projects, charity projects should adhere to the absolute non-utilitarian nature of the operation. To increase the value of the Fund under the premise of the safe and controlled, with large funds or financial institutions or state-owned enterprises, security and risk in the guarantee fund under the control of the operation. One fund management team in Shenzhen not only economists, but also industry professionals involved in the background, this organizational structure that will bring a single charity over the past charitable foundation funding patterns change, and that change in some sense, also is the fundamental significance of this transformation lies.

Lee Sung: 1988 China promulgated the first public service regulations, But today, most private foundations to the social fund-raising is still a major source of funding for the foundation, raising the number of how many.

Foundation of China Charity is not conducive to the healthy long-term development, but also by the enthusiasm of those who founded the start-up or a half-funded by the government-funded charity or slow development, or atrophy. This is absolutely not the donors wish to see the situation. Charitable organizations to some extent the kind of charity for the donor community service agencies. Whether it is willing to assume the success of corporate social responsibility, or are willing to charity thousands of the good people, no doubt hoping to see the community has a sound mechanism for reputable charity can effectively receive and manage donations the contributions needed to really help people to improve community life, the purpose of promoting social harmony. Not a sound mechanism for charity, people can not really achieve the purpose of contributions, donations can not be sustained enthusiasm. Therefore, a reasonable long-term philanthropy can contribute to the development of China's modern charitable social mechanism is needed to help donors and the common needs of the people.

Ai Jun: Community Foundation, professional management is important. But the comparison and foreign foundations, and we most lack is the concept of shaping the Foundation. Public Welfare Foundation, the concept of shape can be described as the vitality of its sustainable development. I met a lot of private public funds, often the main reason for the last die a natural death in two ways, first, a capital injection is not sustainable, and the second, the Foundation lacks its own distinctive characteristics, with appeal for charity idea. In fact, these two reasons can be attributed to the second reason, the success of the second factor, the sustainability of the source of funds is not an issue, with strong public service charity appeal, the Foundation was raising money in the open market is possible. This is a very simple truth, why did I give you this fund? Shenzhen One Foundation charity stressed that the concept of civilians, stressing the trickle became a public charity and love Jianghai. I think it must revolve around this idea for careful management. One Foundation has its own civil background allowed full freedom to set their own conditions, policies, choose their own charitable fund direction. Policy development in the charity, charitable direction to lock on the part of the establishment of specific populations, such as students, disabled groups and among specific groups, disability groups and so on.

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Shenzhen One Foundation sample

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Moderator: July 20, 2009, Ministry of Civil Affairs and the Shenzhen Municipal People's Government signed the

Jun Ai: in the country will have a positive role model. It should be noted that such a model is not the identity of the conversion itself, but a mature, sustainable development, some practical experience in public foundations in the country, what kind of role model, that is to be expected The. Shenzhen environment is very difficult to reproduce charitable, philanthropic environment rich in Shenzhen is a city of immigrants and their great relationship, which gives an objective environment to the public a strong team in Shenzhen, which is large and the 17th century from Europe to When U.S. immigration situation is the same; operations from the perspective of the Foundation, charitable institutions, the root causes of cost reduction is the ability to mobilize and attract the active participation of a large number of volunteers. This is also a lack of in other cities the same conditions and Shenzhen.

ying: One Foundation Settled down in Shenzhen, One Foundation has its unique geographical location, the unique advantage of the policy, the unique appeal of a strong promoter and a unique charity idea of civilians, from this point of view, the sample copy of its existence However, if one fund can achieve great success, its mode of operation, concept of development and so will the development of China Charity Foundation, a positive impact.