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china matters

China Matters: Whats Next for Foundations in China?

November 10, 2010

By David Livdahl, Jenny Sheng & Henry Li

Lack of transparency and the wait for new regulations have some companies looking for other options to broaden their social impact in China.

Quick Glance

  • Though the need for foundations is great in China, PRC regulations on charitable giving are underdeveloped, making it difficult for foreign foundations to give away money.

  • Until new regulations are issued, foreign companies and foundations can apply to set up a foundation in China after finding PRC sponsors and jumping through hoops.

  • Many foreign companies resort to establishing a special fund to operate under the auspices of an existing PRC foundation.