What is Foundation Grant Seeking?

According to the foundation's use of funds, the foundation can be divided into operational and funded. The funds raised by the funded foundation are mainly used to fund other organizations to run public welfare projects, rather than running public welfare projects on their own; the operating bank foundation is the opposite.

Funded foundation

Right!

According to the foundation's use of funds, the foundation can be divided into operational and funded. The funds raised by the funded foundation are mainly used to fund other organizations to run public welfare projects, rather than running public welfare projects on their own; the operating bank foundation is the opposite.

Chinese name

Funded foundation

Classification

Operational and funded

Features

Used to fund other organizations to run public welfare projects

Belong to

Charity

According to the foundation's use of funds, the foundation can be divided into operational and funded. The funds raised by the funded foundation are mainly used to fund other organizations to run public welfare projects, rather than running public welfare projects on their own; the operating bank foundation is the opposite.

Funded foundations are one of the important types of modern charities. The overall development of China's public welfare and charity industry urgently requires the emergence of more funded foundations.

In the United States, foundations are the providers of charitable funds, and a large number of professional non-profit service organizations (similar to China's grassroots NGOs) are the terminals for digesting these funds. Of the 1.6 million charitable organizations in the United States, 90,000 are foundations, and most of these foundations are funded foundations. These funded foundations usually do not do their own projects, but instead fund other non-profit service organizations to do projects. According to the statistics of the United States Foundation Center Network, in 2011, the expenditure of public welfare undertakings in the United States reached 49 billion U.S. dollars. ^[1]

At present, only a small part of our foundations are funded foundations. Some foundations are beginning to explore funded projects. Typical representatives include:

1. Nandu Public Welfare Foundation- clearly positioned as a funded foundation

On May 11, 2007, the Nandu Public Welfare Foundation was established, clearly positioning itself as a funded foundation. Its mission is to support private welfare, and its specific areas of concern include: Focus on Chinese social issues during the transition period, fund outstanding public welfare projects, promote social innovation by civil society, and promote social equality and harmony. Xu Yongguang, Chairman of Nandu Foundation, said: "There are three types of funding foundations: one is to fund community service and public welfare projects; the other is to cultivate non-governmental organizations and social entrepreneurs, such as Ashoka; Think Tank. Nandu Foundation is the first two categories. "Nandu Group President Zhou Qingzhi said," Nandu Public Welfare Foundation is a funded foundation, which means that we are a fund and resource in the entire industry chain of public welfare The provider will play the role of a seed fund. It promotes outstanding public welfare projects and public welfare organizations through financial support, and drives civil society innovation. " ^[2] At present, the Nandu Public Welfare Foundation has further clarified the funding direction: to initiate and support industry development Macro projects, support strategic projects of supporting institutions, leading institutions, and outstanding public welfare talents, and fund specific public welfare projects such as education for children of migrant workers, disaster relief, and carry out strategic and policy research to guide the direction of funding.

2. Chinese Children's Charity Relief Foundation (Chinese Children's Charity Association) -Tongyuan Project

Founded in 2009, the China Children's Charity Relief Foundation (the China Children's Charity Association) is on the road to a funded foundation with a firm and effective track record. The chairman of the foundation, Wei Jiuming, is a veteran cadre at the center of the Youth League. After more than ten years of hard work, he finally registered as the Chinese Children's Association. He set a 12-character policy for the foundation: "civilian, funded, cooperative, and fully transparent." After its establishment, it first received a donation of RMB 50 million from Zhejiang Xinhu Group, which laid the foundation for the realization of a funded foundation. In July 2011, the foundation launched an industry-funded cooperation project named "Tongyuan", which used 20 million yuan to support nearly 150 children's charitable organizations to carry out rescue and service work, and formed a cooperation alliance in the field of children's charity. . Some well-known children's grassroots service organizations, such as "Angel Mom", have become "hardcore" partners of the Children's Mercy Association. ^[3]

3. China Foundation for Poverty Alleviation- Trying to shift to funding

The China Foundation for Poverty Alleviation represents a reform path for China's public fundraising foundations. At present, the China Foundation for Poverty Alleviation has become China's largest and most powerful full-time poverty alleviation public welfare organization. The China Foundation for Poverty Alleviation took the lead in completing the process of "de-administration", and the level of professionalism of the institution was also high. In recent years, the China Poverty Alleviation Foundation has funded grassroots NGOs. From 2005 to 2012, the China Poverty Alleviation Fund's annual conference invested about 55.22 million yuan, funded 133 public welfare projects, and provided training in project management and other abilities. In addition, the China Foundation for Poverty Alleviation and the European Union jointly organized 4 "Promoting Civil Society Development-Chinese NGO Capacity Building Project", and 102 people from 56 NGOs received training. At the "Beautiful Country · The First Rural Development Public Welfare Forum" held on August 19, 2013, Secretary-General of the China Foundation for Poverty Alleviation Liu Wenkui officially announced that within the next 3 years, the Foundation will invest 25 million yuan to support grassroots NGOs to support rural Community development projects.