Management on Donation Founds

1. All the donation funds shall enter the account of Nanjing University of Chinese Medicine Education Development Foundation. After receiving the donation funds, Nanjing University of Chinese Medicine (NJUCM) shall issue an official receipt to the donor for tax exemption. 


2. The Foundation shall strictly abide by the relevant stipulations set by the People’s Republic of China and NJUCM. The use of large amount of donation funds shall be decided by the Foundation Council meeting and submitted to Jiangsu Provincial Department of Education for approval or record. 


3. The donation funds of designated use shall be used at the willingness of the donors.


4. The application, evaluation and awarding of the sponsored projects shall be implemented by NJUCM and the donors based on relevant regulations. 


Leadership

    1. All the donation funds shall enter the account of Nanjing University of Chinese Medicine Education Development Foundation. After receiving the donation funds, Nanjing University of Chinese Medicine (NJUCM) shall issue an official receipt to the donor for tax exemption. 


    2. The Foundation shall strictly abide by the relevant stipulations set by the People’s Republic of China and NJUCM. The use of large amount of donation funds shall be decided by the Foundation Council meeting and submitted to Jiangsu Provincial Department of Education for approval or record. 


    3. The donation funds of designated use shall be used at the willingness of the donors.


    4. The application, evaluation and awarding of the sponsored projects shall be implemented by NJUCM and the donors based on relevant regulations.