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People's Daily Online>>China Society

China’s charity organ to disclose donation info on paper

By Tong Shuquan (Beijing Daily)

16:01, December 30, 2011

Edited and Translated by People's Daily Online

China Charity Federation (CCF), the leading charity organization in the country, will take various measures such as establishing a donation disclosure platform to increase its transparency in 2012, Liu Guolin, Secretary-General of the federation, said at the launching conference of its official newspaper "China Charity News," on Dec. 28.

Under the charge of the Ministry of Civil Affairs, the CCF will publish the tri-weekly twelve-page newspaper on Jan. 1, 2012 both home and abroad.

Liu said that CCF and more than 300 member organizations will disclose information such as donation amount and the usage of the donations on the China Charity News twice a year, in the middle of and at the end of each year, respectively.

In addition to disclosures on the newspaper, donation information will also be disclosed via websites and other media outlets in a timely manner. CCF will sometimes disclose information ahead of schedule, but will never delay the disclosure.

Liu said that more than 80 percent of the donations that CCF receives are from overseas without picking up management fees. In fact, CCF’s annual operating expenses are more than 2 million yuan, less than 1 percent of the total donations it receives each year.


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