The Research On The Development Of China's University Education Foundation

With the expansion of China's higher education, lack of funding has become a bottleneck for the further development of China's universities. Among the existing various fund-raising channels, endowment attracts the most attention for its feasibility and superiority. Therefore, China should establish a sound University Education Foundation mechanism, raising and operating fund scientifically and rationally. Due to the slow initiation as well as the uneven development, China's University Education Foundation faces many obstacles. By contrast, university Foundation in the US has come into its maturity and has accumulated a very successful experience, especially in fund-raising and fund-managing. China's universities should learn from those experiences.This paper is mainly divided into there parts:â… Conceptual basisA number of related concepts about the development of University Education Foundation are introduced; the superiority of endowment is explained and the need for establishing University Education Foundation is justified.â…¡Comparative analysis of Sino-US university education foundationFirst of all, it introduces the valuable experience of American Universities Education Foundation, and then presents the basic situation of China's University Education Foundation. After that, the case of Xiamen University Education Development Foundation is brought in to educe the deficiencies of China's Education Foundation. Furthermore, a comparative analysis on university foundation between the U.S. and China is made, from which China's University Education Foundation can learn about its deficiency and ways to improve.â…¢Construction of China's university education foundation operating mechanismBase on the combination of China's practice and the United States operatingexperience, this part tries to build the operating mechanism for China's University Education Foundation, and comes up with policy suggestions for its external environment. The value of this paper is the finding of the constraints that hinders the development of China's higher education organization especially its macro and micro operational circumstances. Moreover, based on the current situation, an operating mechanism is proposed and related policy suggestions are recommended. However, because of the shortage of relevant information and the limited scope of the study, this paper doesn't develop enough to solve the problem which needs to be discussed in the future research.