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"One Fund" Pformation In Shenzhen

2011/1/11 10:06:00 48

"One Fund" Pformation In Shenzhen


After several years of efforts, "

one foundation

At last

Shenzhen

Successful registration becomes

Public offering fund

Meeting.


In January 11, 2010, the Shenzhen One Foundation Charity Foundation (hereinafter referred to as the Shenzhen one fund) will hold the ceremony and hold a news conference to announce its establishment.


The newly established Shenzhen one fund original fund is 50 million yuan, sponsored by the five foundations of the Shanghai Jet Li One Foundation Charity Foundation (hereinafter referred to as Shanghai one fund), the old ox foundation, the Tencent charity foundation, the Wantong public welfare foundation, the Vanke public welfare foundation and so on.

Zhou Qiren, President of the National Development Research Institute of Peking University, is the legal representative and director of the Peking University, vice chairman of vice chairman of Vanke Group, Yang Peng, Secretary General of the former Alashan ecological association.


The members of the Shenzhen One Foundation Council include Feng Lun, Jet Li, Ma Yun, Ma Huateng, Ma Yuhua, Niu Gensheng, Wang Shi, Wang Shi, Mr.

Ma Hong, director of the Shenzhen nongovernmental organization authority, will be the supervisor of the Shenzhen one fund.


According to "finance and economics" reporter, Shenzhen one fund does not have the unit responsible for the private public offering foundation.


So far, the "one fund" registration problem has been solved for several years.


In 2006, Jet Li launched the "one fund" with the idea of "one yuan per person per month".

But because of Jet Li's apparent popularity as a sponsor, the "one fund" can not be registered as a public fund independently.


According to Chinese law, the foundation is divided into two types: public offering and non public offering. The former can raise funds for the public, often with official background.

Non public funds have no right to raise money to the public.


In December of the same year, Jet Li signed a cooperation agreement with the Red Cross Society of China and set up the "Jet Li one foundation project of the Red Cross Society of China" (hereinafter referred to as the one fund scheme).

However, as a special item of the Red Cross Society of China, the "one fund" has no corresponding executive team to carry out project management.


Therefore, in October 2008, the Shanghai one foundation was approved.

In November of that year, the Shanghai one foundation signed an agreement with the Red Cross Society of China to become a project executive body of the one foundation project.

Jet Li acknowledged that as a non-public fund, the funds raised by the one fund of Shanghai one fund scheme have many obstacles in the actual operation. The biggest problem is that the legal subjects are not clear.


Jet Li told reporters in an interview with finance and economics that he tried to register the one fund as a public fund since 2009.

After nearly a year's efforts, there is still no substantial breakthrough in this attempt.

Although China's existing laws do not expressly prohibit the non-governmental organizations from setting up a public offering foundation, in practice, if there are no official authorities, NGOs can hardly be registered as public funds.


In September 2010, when Jet Li interviewed the CCTV face to face program, he talked about "one fund plan may be interrupted", and regrets that "one fund" is like a child. Although there is no identity card, it is at least healthy.


Liu Runhua, director of the Shenzhen Municipal Bureau of civil affairs, told the financial reporter recently that he also learned about the plight of the fund on television.

After two weeks of thinking, he volunteered an olive branch to the "one fund".

In November 28, 2010, the Shenzhen One Foundation Council filed a registration application with the Shenzhen Municipal Bureau of civil affairs and applied for approval in December 3rd.


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