A Comparative Study of Chinese and Foreign University Foundations in the New Situation

Abstract

After entering the 21st century, the number of university foundations in China has increased rapidly, the funds raised by university foundations have gradually become an essential economic source to support the development of university business, and have made an essential contribution to breaking through the bottleneck of constraints on the development of colleges and universities due to insufficient education funds, but this has also brought problems to the management of university foundations. Through the comparative study of Chinese and foreign university foundations, this paper analyzes the issues of domestic university foundations, such as the lack of perfect macro system management, the difficulty of implementing preferential policies, and the weakness of fund-raising management. How to introduce a scientific management mechanism for university foundations to realize scientific management, benign development, and establish a good social image has become a practical problem that must be solved and a theoretical subject worthy of study. This paper focuses on universities to enhance the quality of talent cultivation, scientific research and innovation, social service capacity, and the construction of high-level universities. It puts forward measures to strengthen the legal system, standardize fund-raising behaviors, dynamically adjust incentives, give full play to the brand effect of colleges and universities, improve the regulatory system, and build information disclosure mechanisms to enhance the foundation’s governance capacity comprehensively, and to contribute to the construction of a solid educational country.