The Foundation is the best platform to pass on the family's achievements and spirit.

Especially in the past 100 years, the number of family foundations has become larger and larger, and they have become an important force in promoting changes in education, medical care, environmental protection, and communities.

According to the statistics of the United States Foundation Center, 34 of the richest United States have their own foundations, and 23 active family foundations have been established in the past 20 years. Historically, family foundations have been established in the old age and late career of donors, and while this phenomenon has also existed in recent family foundations, an increasing number of relatively young donors are now starting foundations and are more directly involved in the distribution of grants.

Nowadays, more and more domestic tycoons are also interested in or are preparing to set up family foundations, and the model and governance of the Mi National Ethnic Foundation may become a good reference.

Among them, there are so many family foundations, which are relatively distinctive in the upper echelons of the entire United States.

For example, the Carnegie family.

In 1911, Andrew Carnegie, an industrial magnate in the United States, incorporated the Carnegie Foundation in New York. The Foundation's mission is "to promote and disseminate knowledge and to promote understanding between the United States and certain countries that have been overseas members of the Commonwealth." Before Carnegie's death in 1919, he himself was chairman and president of the foundation, and his personal intentions played a leading role.

In his first letter to the Board of Directors, Neki specifically authorized the Directors to prioritize their work in light of changing circumstances. Before the 60s of the 20th century, the Foundation's work focused on education, including the popularization and improvement of education, the promotion of advanced teaching methods, and the donation of black education. In the late 60s and 80s, there was a preference for equality and reform. After the 80s, the focus was on early education; concern for issues of international peace and security; oppose nuclear proliferation, prevent deadly conflicts, and promote understanding among groups; Combating all kinds of harm to children and adolescents, including social problems such as drug abuse, alcohol abuse and teenage pregnancy; Training and development of human resources in the third world. Special projects such as the strengthening of the United States and Hamburg (1982-1997) were also funded. Among them, in 1997, then-President Clinton awarded President Hamburg the Presidential Medal of Freedom, the highest honor for civilians in the United States, in recognition of his contributions. At present, the chairman of the board of directors of the foundation is chaired.

Speaking of Carnegie, let's talk about Rockefeller.

The Rockefeller Foundation was founded in 1913 by John F. Sr. Founded by D. Rockefeller. The start-up capital is $100 million, registered in New York. In 1928 the foundation merged with the Laura Spelman Rockefeller Memorial Fund, which was founded in 1918. Thanks to new donations from the elder Rockefeller, the Foundation reached more than $300 million in 1951 and more than $3.3 billion in 2000.

The Foundation's mission is simply one word: "To benefit humanity in the world".

The Foundation's earliest chosen focus was on medicine, public health and agriculture, and since the late '20s and early '30s it has focused on the social sciences and humanities. In this process of development, China has always been the focus of the Foundation's attention, such as the establishment of the famous Union Medical College and its affiliated hospitals in China. The leadership team of the Foundation includes the President, Vice President, and Directors of each department, and is appointed by the Board of Directors. The Board of Directors is re-elected every three years, and the President is the person who has a decisive influence on decision-making. At present, the fourth generation of the family presides over the foundation, which still adheres to the original tradition of giving, focusing on health care, agricultural improvement, social sciences, humanities and arts, ethnic issues, population and environmental issues.

The Kellogg Foundation, founded in 1930 by Will Kellogg, the founder of the Kellogg Company, a breakfast cereal company in the United States, was originally known as the Kellogg Welfare Foundation, and later changed to the Kellogg Foundation.

The Foundation's mission is to improve the quality of life by building intellectual capacity and providing resources to help individuals and communities solve problems. After the war, the foundation changed from an operational model to a purely endowment model. The Foundation has developed its previous child welfare program into general health education, with a greater focus on basic needs at the grassroots level. In terms of education, it attaches great importance to basic education and public schools, and focuses mostly on rural areas, and is the first to care about the development of community colleges. Foundation funding methods include seed funding and scholarships. Funding areas include community health services, family and neighbourhood relations, food needs and hygiene, higher education, information services, rural development, etc. The vast majority of this funding is within the United States, with a small amount abroad, mainly in Latin America, the Caribbean and a few selected African countries.

Ford Foundation, in 1936, Ford Sr.'s eldest son, Ezel Ford, donated $25,000 to establish the Ford Foundation, which was registered in Detroit. It was a small local foundation that gave a total of $19 million over the next 14 years, largely due to the Ford family's interest. In the early days of the foundation, Ezel Ford was in charge. After Ezel's death in 1943 and Ford Sr. in 1947, Ezel's widow and son, Henry Ford II (Ford Sr.'s grandson), began to reorganize the foundation. According to the Gates Report produced by the Ron Gates group, the Foundation was reorganized in 1950 and came out on top. Today, the Foundation is headquartered in New York and is headed by Darren Walker.

The purpose of the Foundation is "to receive and administer funds for scientific, educational, and charitable purposes, all for the public welfare, and for no other purpose." ”

The Foundation mainly focuses on education, social sciences, social reform, racial issues and international work, and provides financial support to relevant organizations and research units at home and abroad by funding the establishment of research institutions, awarding scholarships, sending experts abroad, donating money, donating books and instruments, etc., so as to influence the social life, cultural and educational undertakings and the domestic and foreign policies of the government. The Ford Foundation has the greatest interest in global issues, and its international work is more political than any other foundation.

Rockefeller Brothers Foundation.

In 1940, John Rockefeller Jr.'s five sons founded the Rockefeller Brothers Foundation to better coordinate the Rockefeller family's philanthropic efforts. It is one of the large foundations founded by the Rockefeller family in the United States. Founders include John D. Rockefeller III, Nelson, Winthrop, Lawrence, and David. Among them, Abby Rockefeller Moz, the only daughter of John Rockefeller Jr., joined the foundation as a director in 1954. In 1951 and 1960, John Rockefeller Jr. made significant donations to the Foundation, which constituted the Foundation's original funds. In 1999, the Foundation partnered with Charles Brown of Stanford, Connecticut. A. Culpeper Foundation merger. As of July 31, 2015, the Foundation's total invested assets were $857 million.

Members of the Rockefeller family have remained on the board and have played an active role in how funding projects are arranged. Currently, the Foundation is governed by 16 trustees and one advisory director, half of whom are members of the Rockefeller family. Stephen Heinz serves as the president of the foundation and oversees the organization's operations. The Foundation's mission is to "help build a more just, sustainable and peaceful world". The funding projects are structured around three main themes: democratic practices, peacebuilding, and sustainable development. Although the scope of funding is not limited to geography, three key regions have also been identified, based in New York City, but also in the southern part of the country and the Western Balkans.

Hewlett Foundation.

In 1966, William Hewlett, co-founder and former chairman of Hewlett-Packard, and his first wife, Flora Ramson, co-founded the William and Flora Hewlett Foundation. From 1966 to 1994, William Hewlett served as president of the foundation. After the foundation was founded, William Hewlett's son, Walter, served as the third trustee after his stepparents.

At the end of the nineties, William Hewlett suffered a stroke, and Walter Hewlett began to take charge of the overall situation. The Foundation focuses on philanthropic projects in four directions: education, art, population and environmental protection. The Foundation has funded researchers collating Martin Luther King Jr. papers, supported established arts groups and experimental theater groups, and funded MIT's Open Curriculum, considered a pioneer of Massive Open Online Courses (MOOCs).

The Hewlett Foundation is the main carrier of William Hewlett's wealth, and its assets were once larger than those of the Rockefeller Foundation, and it is one of the largest charitable foundations in the history of the United States. Today, the Hewlett Foundation has total assets of $8.8 billion, and in 2014 it funded 765 charitable projects totaling $392 million.

Milken Family Foundation.

In 1982, Michael and Lowell Milken founded the Milken Family Foundation. The Foundation's Board of Trustees includes: Lowell Milken, Chairman and Co-Founder of the Foundation, Michael Milken, Co-Founder, Richard Sandler, Executive Vice President and Governor, and Ralph Fairman, Senior Vice President and Treasurer. The Foundation's primary focus is on education, healthcare, human welfare, and community services. Among them, the Foundation has set up the Milken Educator Award to reward outstanding teachers in China. The Milken Scholars Program was established to recognize outstanding young individuals who have demonstrated excellence in academics, social service, and leadership. There are also Jewish Prize for Educational Work, the Lowell Milken Center, etc. The main sources of income of the foundation are interest income from deposits and short-term cash investments, interest and dividends on investment securities, and income from the sale of assets.

Walton Family Foundation.

In 1987, Walmart founder Sam Walton and his wife, Helen Walton, established the Walton Family Foundation. The Board of Directors is made up of only family members and advisors, and is currently chaired by Buddy Philpott. The Foundation's three main goals are: education reform, revitalization of Northwest Arkansas, and revitalization of the Arkansas Delta. The Foundation's annual small endowments are significant, and dozens of colleges, societies, theatres and institutes are funded by the Foundation each year. The vast majority of the Walton family's donations are focused on education, and in addition to supporting higher education and donating to universities, it mainly funds the reform of primary education.

Heinz Family Charitable Foundation.

The Heinz Family Charitable Foundation, which includes the Theresa and H. John Heinz III Foundation, the H. John Heinz III Foundation, and the Heinz Family Foundation, was formed in 1992 through a merger. The president and CEO of the foundation is Teresa F. Heinz Carey. The Foundation's primary focus is on human health and aging, the environment, and women's economic opportunities and rights. Its regular funding programs include grants to support environmental research projects, women's conferences, research on women's retirement, and the Heinz Prize.

The Bill Melinda Gates Foundation, funded by Bill and Melinda Gates, is the world's largest philanthropic foundation. Based in Seattle, Washington, the foundation was founded in January 2000 through the merger of the Gates Learning Foundation and the William Gates Foundation. Sudsmond-Herman is the current CEO of the Foundation, and Bill Melinda Gates, Melinda Gates and Warren Buffett serve as board members to steer the direction of the Foundation.

The Foundation insists that everyone has an equal right to life. In developing countries, it is committed to tackling its problems of poverty and disease. In the United States, the main focus is on the disadvantaged groups and ensuring equal access to education. In our country, it is best known for its work on the prevention and treatment of HIV/AIDS. The Foundation currently supports three main types of projects: international development projects, global health programs, and national philanthropic projects. The Foundation provides financial support to non-profit organizations that are legally registered and other non-profit organizations with tax-exempt qualifications, and does not issue financial assistance to individuals.

The Gates Foundation has a dual-entity structure: the Bill Melinda Gates Foundation and the Bill Melinda Gates Foundation Investment Fund, both of which are tax-exempt private foundations dedicated to solving problems, and the latter are used to manage and invest the assets of the Gates and Buffetts, and regularly invest the proceeds into the Foundation's projects.

These are the ten most famous family funds in modern times, but if you take a closer look at the concepts of these foundations, it is not difficult to see that they are all big reasons. What is for all mankind, what is for a better future, the slogan shouting, in fact, does not have any practical significance. At least compared with charitable foundations such as the One Foundation or the Han Hong Foundation, these so-called family funds rarely help individuals.

So why is this happening?

Quite simply, because once the goal is set high enough, the fund has enough room to maneuver.

You say that I have not contributed to the education of the world? Is donating books considered a contribution?

However, the real purpose of these family funds, to put it bluntly, is to continue the family capital. As we all know, the inheritance tax in the United States is very high in the world, and if the parents have an inheritance directly to the children, the final part of the children may not even be half of the original. Direct inheritance is the stupidest way, so the smart way comes, and that is the fund.

Because these family funds are not publicly funded, their accounts can be completely closed and do not need to be supervised by the media and the public. The children of large families usually have a position in the fund, and with a position, they can pay a lot of money from the fund. The existence of the charitable fund itself can use many laws and regulations to avoid taxes and taxes, at most, it is to do some charity casually every year, so that the name of the charitable fund can be said to be more realistic. By taking advantage of such business practices, the extended family can smoothly transfer their assets to the next generation, and at the same time have a reputation for doing charity.

After all, when society develops to a certain extent and the people's education level is high, there will definitely be changes in the ideological level, which is a good proof of this. But more, in fact, in the final analysis, it is still used to transfer assets, and after a lifetime of hard work, tens of billions of family assets, they are donated casually? Not to mention that there are few such at home and few abroad. Therefore, these so-called family funds, charity is fake, and asset transfer and transition are real. However, even if the government in power knows about it, it will not care, because this is the rule of the game.

As for China, there are no such strict requirements for inheritance, so the purpose of domestic family funds is to unify the strength of the family and add some protection to the whole family, nothing more.