As a fundamental social organization and institutional form, foundations are different from governments, enterprises, and general non-profit organizations. Public welfare, non-profit, non-governmental, and trust based are the basic characteristics of foundations.
The public welfare nature of foundations is mainly reflected in three aspects: firstly, foundations originate from donations and are institutionalized and organized forms of public welfare donations; Secondly, the foundation has a clear public welfare purpose; Thirdly, the foundation has a clear public welfare purpose, benefiting specific groups and the entire society through various project activities. The public welfare nature determines that a foundation is essentially a social welfare organization.
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