Zong Qing, The Richest Man, Wants To Become A Charitable Foundation With Industrial Dividends.

In May 11th, the family Charitable Foundation (micro-blog) will exchange meetings with the mainland's richest man Zong Qinghou (former) and Xu Yongguang (later).

May 11th, mainland China

Recently, Paige, Rockefeller, the contemporary leader of the Rockefeller family, visited China with members of the global Family Welfare Association. The association is composed of 76 leaders of 24 political and business families.

Yesterday, at the family Charity Foundation meeting, the visiting group and China

Use industrial dividends to become charitable foundations

At the exchange meeting, Zong Qinghou, the richest man in China, attended her daughter Zong Fuli. When speaking on behalf of Chinese entrepreneurs, Zong Qinghou made it clear for the first time in public that he would establish a Zong Qinghou Charity Foundation named after his personal name.

Speaking of the charitable foundation in the making, Zong Qinghou smiled at the director of the division of social welfare and charitable promotion of the former Ministry of civil affairs, and Wang Zhenyao, Dean of the one foundation Public Welfare Research Institute of Beijing Normal University.

Zong Qinghou said that the fund will run dividends from some of its companies. "I have 150 companies. I will designate some companies to invest in the foundation every year to support the foundation's operation."

Zong Qinghou repeatedly used "hematopoiesis" to describe his charitable philosophy, and Zong Qinghou said he would not use cash to operate the foundation. "Cash is limited, and it will be over if it is used up. In order to achieve sustainable hematopoietic function, we must put the industry in philanthropy."

If the bonus is used as a charitable foundation, will the loss affect the execution of charity projects?

To this, Zong Qinghou confidently told reporters: "impossible, in my hands is absolutely impossible."

Imagine that the foundation will focus on three aspects.

Zong Qinghou sits on tens of billions of assets, he said that his wealth view is that when wealth reaches a certain level, it is the wealth of the society.

But for naked donations, Zong Qinghou said with a hard attitude: "I do not agree."

Zong Qinghou said that to create more wealth for those who have the ability to create wealth, the social responsibility of the rich is to help more people get richer. The highest level of charity is to create wealth for the society, otherwise, the poorer the poorer, the simpler blood pfusion is far less sustainable than the continuous hematopoietic system.

For the future development direction of Zong Qing charitable foundation, Zong's tentative ideas are three aspects.

"The Nobel prize has never been a part of Chinese people. I want to encourage Chinese people to innovate in research and development, and set up an award similar to the Nobel prize and internationally recognized.

Secondly, education and assistance to vulnerable groups is also my consideration.

Seen as a signal for wealth to be good.

"Very excited," Wang Zhenyao said. China's richest person has set up a charitable foundation. This is an inspiring signal, and more rich people will be involved in charitable undertakings to speed up the historical process of the wealth of Chinese wealthy.

The 2010 Hurun wealth report shows that there are 875 thousand million billionaires and 55 thousand billionaires in the whole country, representing an increase of 6.1% and 7.8% respectively over the previous year.

Among them, the average age of the rich over 1 billion yuan is 50.

In addition, a survey data from the Chinese Academy of Social Sciences show that the average age of the first generation of entrepreneurs in China is 55 to 75 years. In the next 5 to 10 years, there are more than 300 000 private enterprises across the country.

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Xu Yongguang: Family Foundation is the best home for wealth.

Xu Yongguang, the director of the hope project foundation and the foundation network, believes that from wealth accumulation to wealth inheritance, from the rich generation to the good two generation and the good hundred generations, the family foundation is undoubtedly the best destination for the wealth of the rich.

Xu Yongguang said, compared with the company foundation, the foundation set up by family wealth investment has no market interest appeal, so it is more pure.

Even if the family foundation holds shares in the company, it has realized the separation of ownership from management.

The most dependable part of the family foundation is that future generations will regard family honor as life and regard it as an endless goal to inherit the glory and dream of their ancestors and pursue excellence.

Besides, the corruption rate of family foundations is the lowest, which is both logical and human.

At present, the family foundation is at its infancy in China. Recently, the river Ren charity foundation, founded by Fuyao chairman Cao Dewang and named by his father, was called the first family foundation in mainland China by Xu Yongguang.

The twentieth provision of the fund management regulation stipulates that "the non-public foundations established with private property and the foundation directors who have close kinship with each other shall not exceed 1/3 of the total number of directors."

Xu Yongguang said this means that 8 of the 25 directors are close relatives.

Background

The American foundation mostly contributes to the family.

Of the over 10 foundations in the United States, more than 90% are privately funded and family funded foundations, most of which are family foundations.

Zi Zhong Yun, the author of the end of fortune, has said that there is an important part of the gradual improvement process in the United States, that is, the private public welfare undertakings, and the foundation is an important part of it.

The influence of the American foundation is widespread throughout the world.

The Rockefeller foundation is quite representative. In the past 100 years, the Luo family has done a lot of good deeds in education, medicine, public health, social welfare, ecological protection, culture and art, economic development and international understanding, and has made outstanding contributions in promoting social civilization and progress.