Private Family Foundation

Private foundations are usually established based on donations or bequests from individuals or members of a family. These types of foundations are often named after their founders or the surname of the family, such as the Carnegie Foundation, Ford Foundation, Rockefeller Foundation, etc. Private foundations are the most important form of charitable foundation among all foundations, with the longest history. Private foundations are often the largest and most famous large foundations in the United States, such as the three mentioned foundations, the recently established Bill and Melinda Gates Foundation, which is also a private foundation with assets of up to $24 billion.

This fund is a legal entity established by a founder to provide legal protection for your property, ensure your achievements, and preserve its industry and achievements during the founder's lifetime. Similarly, allowing for its long-term planning and development, including all plans and purposes for its property after the death of its founder. If requested by the founder, the actions of the foundation are confidential and anonymous, and the foundation can sign a contract. Private foundations have no relationship with social or charitable foundations.

Especially what we are talking about here is offshore funds, which refer to funds registered outside the host country, usually established in offshore jurisdictions such as the Cayman Islands, Mauritius, or the British Virgin Islands. In today's world of economic globalization, funds flow globally, and large PE institutions often receive funds from all over the world. However, the management regulations for foreign investors vary greatly among countries. These jurisdictions are attractive for funds focused on investing in China, as they typically allow investors from different countries to participate in investments without being regulated by US or Chinese laws and regulations.