The scale of the charitable trust's assets has exceeded 10 billion yuan.
According to a search on the Charity China website, the number of registered charitable trusts in China has reached 2,661, with a total asset size exceeding 10 billion yuan, reaching 10.08 billion yuan. Taking the Kunlun TrustHuamao "Meirun CommunityYaojian future" charity trust registered on December 5 as an example, the charity trust is registered and established by the Ningbo Civil Affairs Bureau, with a total asset size of 5 million yuan, used to support and develop public welfare undertakings in the fields of education, culture, art, aesthetic education, and related cultural heritage protection, promoting activities that comply with the provisions of the Charity Law such as raising public aesthetic literacy, youth development, community cultural prosperity and sustainable development. The trustee is Kunlun Trust, and the custodian is the China Bank Ningbo Science and Technology Branch.
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