Chinese charity Fund list for second time in Chinese version of Forbes

Source: Internet
Author: User
Keywords Fund Forbes Chinese version
"China Guanghua Science and Technology Foundation" to become the best public Offering foundation "Tencent Charity Foundation" to become the best non-public offering foundation Forbes believes that China charitable foundation is transparent to the future December 1, Forbes Chinese version of the second release of "China Charity Fund list." Unlike last year's review of the National public/Non-public offering foundation, the Chinese version of Forbes was targeted at all local and national foundations registered in China this year. For all the foundations that have disclosed the 2009 annual work report, the 100 public offering foundations and 100 Non-public offering foundations were selected to study according to their public expenditure in 2009.  Public Offering foundation, "China Guanghua Science and Technology Foundation", "The Chinese Cancer Foundation, the Shanghai Charitable Foundation, ranked among the top three, while the" Tencent Charitable Foundation "was the highest in the non-public offering foundation, and the second third was the" Guizhou Culture Fire Rural Development Foundation "and the" Xiangjiang Social Salvation Foundation ". The 100 Public Offering foundation 2009 total public welfare expenditure amounted to 4.58 billion yuan, 100 non-public offering Foundation 2009 annual Public welfare expenditure total is 1.207 billion yuan, the former is about the latter 4 times times. From this data observation, the public offering foundation is still the backbone of the foundation. From the scope of the foundation, the 100 selected public offering Foundation, 42 National Foundation, Local Foundation 58, 100 selected Non-public offering Foundation, National Foundation 17, Local Foundation 83.  From the geographical perspective, the selected public offering foundation and Non-public offering foundation distribution similar, are mainly concentrated in Shanghai, Beijing, Fujian three places.  In the ranking method, compared to last year's adjustment is also more obvious. For the public offering foundation, the Chinese version of Forbes, which has been selected for the 100 foundations, excludes the foundation that was established after December 31, 2006, and the foundation that could not provide a report on the annual work of the last 3 years. The Chinese version of Forbes says the ability to raise money, the ability of public investment is the most important index to measure the running status of public offering foundation, so it focuses on the contribution income compound growth rate, the compound growth rate of public welfare expenditure, the stability of two growth rate, and the match between public welfare expenditure and annual gross income in the last 3 years. In view of the time consistency of income and expenditure, the Chinese version of Forbes also examines the ratio of public expenditure to annual income in the year 2008/2009, and the ratio of management expenses to total expenditure in the current year.  In addition, the foundation full-time staff's per capita administrative costs and per capita public welfare expenditure is also one of the indicators, but given the complexity of staffing, Forbes Chinese version does not make it the list of the ranking index. For non-public offering foundations, the Chinese version of Forbes, which has been selected for the 100 foundations, excludes the foundation founded after December 31, 2007, and the foundation that cannot provide the report on the annual work of the last 2 years. Similarly, the University/Secondary School Foundation is funded, the management pattern and so on and the typical Non-public offering foundation difference is big, "Forbes" the Chinese version also will remove it. Raising funds is not the first priority of a non-public offering foundation, and the Chinese version of Forbes focuses on the growth rate of public interest payments for non-public foundations, the ratio of 2008/2009 annual public interest expenditure to net assets at the end of the year, and the ratio of management expenses to the total expenditure of the current year.  Similarly, we also inspected the foundation full-time staff's per capita administrative cost and the per capita public welfare expense situation, but because the Non-public offering foundation full-time staff outfit difference is big, "Forbes" Chinese edition does not include it in the rank system. In 2009, the number of foundations increased from 1597 to 1843, an increase of 16.7%, the Chinese Academy of Social Sciences released the 2010 charity Blue Book.  Non-public offering foundation growth rate of 32%, public offering foundation grew 4%. Although the foundation is developing rapidly, it is still difficult to conceal the many problems it faces. From the internal perspective, first of all, the majority of foundations lack a reasonable, clear, unique positioning, always around the social hotspot to do charity, inevitably with its set of management charter departure.  This will not only deplete the Foundation and waste the main business, but also cause the whole charity industry to decline in efficiency due to uneven distribution of resources. Second, the lack of professional talent is a hindrance to the foundation's development.  In addition to the introduction of talent, the development of local talent is a top priority, we see the South has launched a "Ginkgo partner growth Program", I hope it will become the training of public welfare personnel "Huangpu Military Academy." Third, the Foundation information disclosure is not active, not timely, inadequate. According to the second China Non-public Offering Foundation development Forum published in the "China Non-public Offering Foundation Information Disclosure Guide" disclosed that in the 65 Non-public offering foundation, only 9% of the sponsors or managers to the core information objectively and completely disclosed.  This is also confirmed in our research. The Foundation's information transparency can not only standardize its own operation, but also improve the foundation's credibility. But the information disclosure problem has not been solved, the lack of the government sector is a strong impetus. It is reported that the Ministry of Civil Affairs of the Chinese Charitable Donation Information Center is operating "charitable organizations Disclosure Guidelines", intended to provide a unified template for foundation information disclosure, so as to create an official charitable information disclosure platform. "Last year, the Chinese version of Forbes launched its first charitable fund list in part to promote the institutionalization and standardization of the Foundation's disclosure," said Zhoujian, editor-in-chief of Forbes's Chinese version. We've got more information this year. In addition, the relevant government departments and non-governmental organizations are also trying to build a wide range of charitable organizations information disclosure platform, I believe that the foundation information transparency will become better. "From the external environment, first of all, laws and regulations lag the foundation development." The 2004 Foundation regulations are outdated, the long-awaited "Charity Act" has not yet landed, emerging new problems test the wisdom of managers and public welfare people. Secondly, the preferential tax policy for non-profit organizations has been outstanding, which has become an important resistance to the foundation's development and growth. If the government can provide more positiveTax incentives, the potential of private philanthropy will be more fully released. Third, there is a lack of effective coordination between charitable organizations, between the Government and charitable public organizations.  For example, the communication platform between foundation and grass-roots organizations has not been established, and the mechanism for Government to buy charitable organizations is not established, etc., which require the joint efforts of the Government and the public welfare sector. "The development of charitable foundations in China has a long way to go compared to countries such as the United States and Britain," said Liu Ruiming, executive editor of Forbes in Chinese.  The Foundation's development on the one hand relies on the foundation's own effort, on the other hand the national policy support also need not be less. Compared with the public Offering foundation, the Non-public offering foundation provides a vent for China's burgeoning private wealth and its burgeoning philanthropic ideas with a lower threshold for registration. Non-public offering foundation is increasingly becoming a stage for enterprises, entrepreneurs and people of insight to realize the ideal of public welfare. From the data, since the enactment of the Foundation Regulation in 2004, China's Non-public offering foundation from scratch, as at the end of 2009, the National Non-public offering foundation stock has reached 846. Compared with 2008, the number of non-public-offering foundations grew by 32%, faster than the growth of public-offering foundations. It is expected that by the end of 2010, there will be more than 1000 non-public offering foundations in China.  China's philanthropy will also usher in an unprecedented era. "On the whole, there is a lot of room for non-public offering foundations to be upgraded," said Shuwei, a Chinese charity fund list. In the management system is not as mature as the public offering foundation, in the brand building is not as good as the public Offering foundation, in the conditions of attracting talent than public offering foundation generous. However, there are more and more ideal and competent professionals in the field of Non-public offering, which is the key to deciding the future of Non-public offering. ”
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