What Is a Charitable Endowment?

For humanitarian reasons, donate or fund social activities for charity. In addition to donating cash and physical goods, public relations charity donations often use public media such as radio, television, newspapers, and other publicity to promote charity. This has aroused public concern and support for charity, popularized humanitarian and social welfare ideas, and improved The material conditions of charities create a good social environment and promote justice and love.

Charitable donation

charity, donation for

Ways of domestic charitable donation

1. Donation-Provide financial assistance directly to rescuers or charities.

2. Donations-Donations are divided into two ways. One is to directly donate to the beneficiary or charity, and use the donated items directly to help the beneficiaries. The other is to donate items to charity stores in the society, and charity organizations will carry out charity sales, and the funds will help the rescuers.

3. Food Donation-Some charities in China have launched a caring action to share food. Beijing and Chengdu already have a caring refrigerator. Donated food can be directly received by recipients.

1. General purpose donation and specific purpose donation < br When the recipient donates, there is no specific purpose for the donation. This is a general purpose donation, after which the recipient can donate his donated property to a non-designated property. Public interest purpose. The specific purpose donation means that the donor has limited the scope and purpose of the donation, and the donated property can only be used for the public welfare purpose designated by the donor. The practical significance of this division is whether the principle of approximation can be applied if the original charitable purpose has been achieved, if there is remaining donated property or there is remaining property after the termination of the public interest organization. The approximate principle is that the grantee should use the remaining donated property for a purpose similar to the original public interest purpose, or transfer the donated property to other public interest organizations with similar purposes. The principle of approximation can be applied to donations for general purposes. The principle of approximation does not apply to donations for specific purposes, because it may run counter to the original intention of the donor.
2. Conditional donations, unconditional donations, and fundraising for specific purposes. BrThe content and expression of donations can also be divided as follows: Conditional donations refer to the agreement that the donor sets the conditions of use, and To whom the property is applicable, the scope of application, etc., the recipient needs to be restricted. During the performance of the conditional donation contract, the donor also has the right to supervise the use of the donated property. If the recipient does not use it in accordance with the agreement, the donor can exercise the right of revocation. Therefore, for conditional donations, the donations and beneficiaries will be subject to stricter legal supervision because the donations are different. Unconditional donation means that the grantee can freely dispose of the donated property. Compared with conditional donation, no condition is set up when the participant concludes the gift contract. This is similar to the general gift contract, which can be regulated by the legal rules of the general gift contract.
3. Direct donation and indirect donation <br /> Direct donation means that the donor directly donates money to the beneficiary, and the beneficiary is the same as the beneficiary. It has high efficiency, transparent behavior, and the shortcomings are the lack of specialization and professionalism, and the coverage is not wide. Indirect donations are more in line with the basic characteristics of public welfare charity donations, that is, the donor first donates the donated money to a public welfare organization, and then the organization is distributed to each beneficiary according to the public welfare purpose. This kind of funding is more general, and it is not limited to a limited number of specific groups. The charity donations adjusted in the Charity Donation Law are indirect donations.