Xiamen University Education Development Foundation is a non-profit corporate organization funded by Xiamen University and approved by Fujian Civil Affairs Department in March, 2006.
The purpose of the foundation
It is to abide by the constitution, laws, regulations, rules and national policies of the People's Republic of China, abide by social morality, and strive to strengthen the contact and cooperation between Xiamen University and its alumni at home and abroad as well as all walks of life, raise funds for running Xiamen University, reward and subsidize teachers and students of Xiamen University, and promote the development of education of Xiamen University.
The business scope of the foundation:
(1) Contact and cooperate with all walks of life at home and abroad; (2) Raise funds and accept social donations in multiple channels and forms; (3) Manage and operate funds; (4) Support Xiamen University’s construction and development projects; (5) Rewarding units or individuals that have made outstanding contributions to the construction and development of Xiamen University; (6) Funding teachers, students and alumni who have encountered natural and man-made disasters and other extreme difficulties.
Foundation qualification
In 2009, it passed the first batch of grade evaluation of Fujian Provincial Foundation and won 4A grade; In 2010, it was approved by Fujian Provincial Department of Finance, State Administration of Taxation, Local Administration of Taxation and Civil Affairs Department, becoming one of the first batch of public welfare social organizations to obtain the pre tax deduction qualification of public welfare donations in Fujian Province in 2010.
Tax exemption policy for donations
According to the "Regulations for the Implementation of the PRC Enterprise Income Tax Law" and the " Regulations for the Implementation of PRC the Individual Income Tax Law ", the public welfare donations by enterprises that do not exceed 12% of the total annual profit are allowed to be tax-deducted; personal donations that do not exceed 30% of the taxable income by the taxpayer can be deducted from their taxable income.
Attached: Centenary Anniversary--- International College Education Development Fund Donation Guide
For donations, please remit to the account of Xiamen University Education Development Foundation, and with a note“the International College Education Development Fund”. After the remittance, please fax or e-mail the remittance receipt to the contact person Wu Lijin; if it is not convenient to send the remittance receipt, please telephone to inform the remittance time, amount and remitter information, so that the college can apply for donations from the school education development fund.
Donation account
1. RMB account (when donating, please add a note with "International College Education Development Fund" + donor name + contact information)
Account opening unit: Xiamen University Education Development Foundation
Account Bank: Xiamen University Branch of Industrial and Commercial Bank of China
Account number: 41000 21709024908875
2. Foreign exchange account (when donating, please add a note with "International College Education Development Fund" + donor name + contact information)
Account opening unit: Xiamen University Education Development Foundation
Account Bank: Xiamen University Sub-branch, Bank of China Xiamen Branch
Account number: 431258389880
3. WeChat donation guide
Please scan the QR code below to enter the foundation's official account, and then enter the relevant information to submit.
Centenary Celebration---The International College Education Development Foundation
