The Research On Foundation Participatory Funding Mechanism And Operational Model

Since the reform and opening up,China's social organizations have developed rapidly and played an increasingly important role in social governance,public services,and industry governance.As an important type of social organization in China,the Foundation has played a key role in gathering social charitable resources and supporting socially disadvantaged groups.The introduction of the "Charity Law" further standardized social organizations and charitable organizations such as foundations,and China's charitable organizations have fundamental laws.However,due to the late start and thinning of the development of China's non-governmental public welfare foundations,it has experienced multiple management restrictions in the development process.It is still in the primary development stage,with a small number,small scale,low social credibility,weak fundraising ability,and work.Inefficiency and other issues.China's charitable foundations are different from foreign foundations.Most of the foreign foundations are funded foundations,while China is the majority of operational foundations.The operation experience of funded projects is insufficient.Based on the research literature funded by domestic and foreign foundation projects,this paper refines the key mechanisms of the various stages of the A Foundation project funding process through the deconstruction of the A Foundation project funding process and participants,thus constructing the A fund.A unique “Participatory Funding” project funding model,a two-way selection mechanism based on values,a public participation mechanism based on online platforms and offline activities,a process control mechanism combining formal and informal norms,and capabilities Elevation-oriented full-course coaching mechanisms and assessment-oriented application-oriented third-party assessment mechanisms that lead the A Foundation to achieve its mission.The research finds that the foundation is the main carrier of the increase of social capital stock,and it is mainly reflected by the foundation's public welfare project operation;social capital is the foundation of the existence and development of the foundation,and it is an important guarantee for the effective operation of public welfare projects.The A Foundation's inclusion of project stakeholders in project decision-making,supervision and evaluation helps the Foundation's own social capital increase,specifically through the three dimensions of construction structure,relationship and cognition.The Foundation's “participatory funding” model enhances the foundation's own social capital and improves the public participation mechanism by empowering,participating,and constructing a collaborative network.It ensures the transparency of the foundation and enhances the foundation's Credibility has an important role in establishing a good public welfare environment.