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Chapter 286 Public Welfare Projects

Foundations, especially charitable foundations, generally cannot raise funds from the public. That is to say, you cannot let others donate to your fund and then use the fund for charity.

The procedures for setting up public funds are very cumbersome. Many people cannot do it, so they will link their funds to the Red Cross as a secondary fund. In other words, they are equivalent to a subsidiary of the Red Cross.

Company, but you can classify it into a small category, such as a fund specifically for lung disease or kidney disease, which can raise funds from the public and make donations, but there is also a Red Cross managing it, which is very troublesome.

The most important thing is that such a foundation must be checked by the government, otherwise it will not be approved at all. If all the money you recruit goes into your own pocket, you will end up swallowing the love of those donors.

That's all.

"They are a non-profit foundation. What kind of new energy are they doing? They are liars!" Wang Ziqi threw the two documents on the table.

Zhou Zichen nodded: "It's very possible, but looking at that person's appearance, he didn't seem to be a natural person, so that's why I didn't reject him immediately."

"Don't all funds go to stocks, buy treasury bonds, and keep accounts?" Wang Ziqi said.

Zhou Zichen glanced at Wang Ziqi: "That's not a charity fund. A big characteristic of charity funds is that they cannot make private profits. In theory, charity funds are for charity. If you want to make money, set up a stock fund or a government bond fund.

Go ahead and make money under the guise of charity, it’s not good.”

"Domestic charitable funds have been strictly regulated in recent years, because many funds invest money in stocks to make money. Because they have a lot of money, they can easily raise prices."

Wang Ziqi was speechless: "How come you know everything?"

Zhou Zichen took a sip of tea: "I originally planned to start a fund, so I learned a little bit about it. The financial management funds we usually buy and this charity fund are two different things."

"What is a fund? That is to say, money is used to do a certain thing. Charitable funds are used for charity, and the money must be used for charity; stock funds are used to buy stocks; national debt funds specialize in national bonds.

When each fund is registered, it has already been determined what its money will be used for, but many funds do not care about this, and the state's management is not very strict."

"Then what kind of fund is talking about investing in new energy?" Wang Ziqi suddenly realized: "This is simply not allowed."

"But the information he gave me seems to be true. I guess they have other projects." Zhou Zichen was able to talk so much with Yu Liyong, so naturally he felt confident.

"You knew he was a liar, and you still told him so much? If it were me, I would kick him out!" Wang Ziqi said angrily.

Zhou Zichen smiled and said: "Let's not talk about this matter for now. We will talk about it after checking their situation."

Just after Zhou Zichen finished speaking, Xiaohua opened the door and came in: "We have found out that Yu Liyong seems to be related to Li Yao, but his Bohong Foundation does exist, and it is indeed a charity foundation.

, with eight million registered, it’s not doing very well.”

"It's normal for charity funds to do poorly. If they don't have strong financial support, they won't have enough funds to do things!" Zhou Zichen didn't care much.

Xiaohua took two copies of the information and gave one to each of Zhou Zichen and Wang Ziqi.

Zhou Zichen read through it quickly, with a smile on his face: "This Li Yao is really a Zhou Papi. There are only a few million in this foundation, and he wants it too."

But Wang Ziqi said angrily: "This money is donated by enterprises and is for charity. This Li Yao is really crazy."

Zhou Zichen advised: "Why are you angry? It's not your money."

"But this money was supposed to be used for charity in poor areas, but Li Yao took it all away!"

Zhou Zichen thought for a moment and said, "Then let's let him spit out the money. He didn't take much money anyway."

"What are you going to do?" Wang Ziqi asked.

"Take out all the information about Li Yao from this document, sort out all the information about Bohong Fund, and I'm going to see Yu Liyong."

Xiaohua responded: "I'll get ready right away!"

Xiaohua does things neatly and neatly. He doesn't talk too much and doesn't ask too many questions. If you want to do something, he will do it for you right away.

Zhou Zichen went to change into a set of clothes. When he came out, Xiaohua had prepared all the information and handed it to Zhou Zichen: "It's ready!"

Zhou Zichen nodded: "Okay, I'll leave first, you two are waiting for my good news at home."

Xiaohua looked at Zhou Zichen wearing a suit, as if he was going to discuss business: "Is he going to trick that Yu Liyong?"

Wang Ziqi shook his head: "No, he should be trying to trick Li Yao."

"How to cheat?"

"I don't know!"

…………

After Zhou Zichen left the detective agency, he immediately called Yu Liyong.

Yu Liyong was driving and had just finished talking to Li Yao on the phone. Unexpectedly, Zhou Zichen called him so soon: "Hello...Mr. Zhou, are you okay?"

Zhou Zichen said: "After thinking about it, I said it directly. I checked your company and found that you have done a lot of charity over the years and are short of funds. I don't know what your new energy is, but I don't know.

I know how to vote, but I am very interested in the charity you do, so I can vote some for you."

Yu Liyong was immediately overjoyed and said quickly: "Thank you very much for your support. We people are looking for funds everywhere, and our foundation cannot raise money directly from the public, so we have to go and ask for it ourselves, and we get a lot of looks."

Zhou Zichen felt funny in his heart. Go and tell others, give me a few million and use it to do good deeds! People you don't know very well will give you a blank look, but Zhou Zichen still said with a smile: "Let's make an appointment to meet.

, Let’s talk about the matter carefully. I want to know about your financial situation and take a look at the projects you are working on. If there are no problems, I can transfer the money to you in a few days.”

"Do you want to donate or invest?" Yu Liyong asked cautiously.

Zhou Zichen said: "You are a charity, can you invest? Just donate! I think it is right and good to do charity, but in order to do charity, we still can't do anything illegal, don't you think?"

Many charitable funds have their own profit methods, such as stock trading, futures, etc.

However, theoretically speaking, the money they make cannot be used for their own use, but must be used for charity. It is just that many people donate money to some people through some means, and then through these donors

, transfer it to your own account, so that you can withdraw money from the charity fund and transfer it directly to yourself, then just wait to be investigated! Charitable funds all over the world are like this.

Therefore, there is no such thing as investment by charitable funds.

Yu Liyong thought that Zhou Zichen felt very good about him, so he pretended to be helpless and said: "Mr. Zhou, you also know that if the situation in the country is not good, those of us who really want to be charitable will not have enough money at all.

It is also a small fund. Compared with those funds that can easily make billions or billions, it is still a small start-up. Even if you want to use various means to speculate in a stock, it is very difficult. You can only do it a little bit. "

"Understood. Let's meet at Yongxuan Teahouse later. It's not convenient to make a phone call!"

"OK!"

Yu Liyong hung up the phone and immediately called Li Yao.

"What? Something happened again?" Li Yao asked.

Yu Liyong said excitedly: "Mr. Li, Zhou Zichen called me quickly and asked me to meet. I'm on the way now."

Li Yao was slightly startled. The two of them had just made a phone call, and now there has been a change. However, it is always a good thing that Zhou Zichen took the bait: "What does he want?"

"Yes, he said he wanted to see me for the projects we are currently working on, but we no longer have any money in our books. There are two projects in progress, but they are already on hold!" Yu Liyong said, referring to these projects,

In fact, it is who they plan to donate to. They originally planned to donate in several places, but the money was taken away by Li Yao. They have no money to do it and have no intention to do it.

Li Yao thought for a moment and said: "I will transfer five million to you. You can finish the things that have been put aside first and show them to Zhou Zichen first. We will talk about the rest later. If he has any other requests or questions, please tell me immediately.

.”

"Okay, Mr. Li!" When Yu Liyong heard that Li Yao gave him money, it would be easier. He didn't have to think of ways to explain it to Zhou Zichen, he could just take photos of these two charity projects.

At Yongxuan Teahouse, Zhou Zichen arrived a little earlier than Yu Liyong and had already ordered tea and snacks.

Yu Liyong bowed as soon as he arrived: "No matter what, we have to thank Mr. Zhou for his support."

Zhou Zichen was convinced by Yu Liyong: "I have also done charity, and I know it is not easy to do. What is your new energy business?"

Yu Liyong immediately apologized: "We have had some cooperation with other funds. They are stock traders and market makers. We don't have enough funds, so we can only lend them part of the money and get some profits from it. We actually don't have this project.

I originally planned to use the fifty million from you to do something, and I will be able to give you some profits on time in the future."

Zhou Zichen was noncommittal. Under normal circumstances, everyone would have left after hearing this explanation. At first, Yu Liyong said that new energy was just to bully Zhou Zichen, who was a newcomer and didn’t understand anything. Seeing that Zhou Zichen seemed to know this, he immediately asked for help.

Got the reason.

"Ignoring this, I'm giving you money just for charity. I've seen some of your situation and it seems that you have two projects that are still being worked on, but they have been put on hold for almost a month. What's going on?"

Yu Liyong knew that Zhou Zichen would ask about this matter: "Our fund's shortage of funds led to this, but now we have a clue, and we started to restart it yesterday. Now these projects are in normal operation."

"Then how much do you plan to invest in these two projects?" Zhou Zichen asked with a smile.

Yu Liyong hesitated. One of the two projects was to build ten primary schools in a poor county, and the other was to help a village get rid of poverty. If these two projects were really completed, they would cost a lot of money.


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