2024-10-08T08:45:20-07:00 2023-12-31 990 2023-01-01 980483202 FUDAN UNIVERSITY EDUCATION DEVELOPMENT FOUNDATION FUDA 5164728337 9500 Gilman Drive Room 0519 La Jolla CA 92093 Yingfeng Lu Vice President 5164728337 2024-10-09 1 2023 2024-10-15 13:58:12Z Li LIU Room 425 Yuan Chengying Building 220 Handan Road Shanghai CH 200433 2540976 0 X https://fuedf.fudan.edu.cn/ X 2006 DE FUDAN UNIVERSITY EDUCATION DEVELOPMENT FOUNDATION is organized exclusively for charitable and educational purposes with the mission as promoting higher education and academic research of Fudan University. FUDAN UNIVERSITY EDUCATION DEVELOPMENT FOUNDATION mainly raises funds to set up fellowships, scholarships, facilitate student exchange and enhance campus infrastructures, etc.. 7 7 0 2 0 0 1281997 2541022 0 0 200 1532 -7564 -1578 1274633 2540976 1428450 881258 0 0 0 0 0 0 0 10065 11564 1438515 892822 -163882 1648154 34204283 37962033 0 0 34204283 37962033 1) Support academic research and talents cultivation in Fudan University. 2) Promote higher education in Fudan University and other educational organizations in China. 3) Strengthen global cooperations of education and research. 4) Enhance communication between Shanghai, China and the world. 0 0 578751 578751 721714 SCHOLARSHIPS & STUDENT FINANCIAL AIDS: To provide substantial support for students' development, and to satisfy the financial needs from low income families, funds were raised to set up kinds of Scholarships and Financial Aids, which includes excellence scholarship, liberal arts scholarship, research scholarship, exchange student scholarship, etc, and different levels of Financial Aids so that each financially challenged students can live a healthy life during their university time. In 2023, there were thirteen (13) Scholarships and Financial Aids programs granted, hundereds of students benefited from those Scholarships and Financial Aids. 151282 151282 213960 FACULTY DEVELOPMENT PROGRAM: To build a world-class university, Fudan sets up long-term plans on promoting the quality of faculty. Foundation raised kinds of funds for faculty training, chair professor recruiting, fellowships for outstanding faculties and sponsorships for academic seminars and lectures given from global well-known scholars.In 2023, there were three (3) Faculty Development Programs were granted, which were Gu Tinglong Chair Professor, Su Rukeng Teaching Awards and Xie Xide Chair Professor. 111000 111000 1026744 SCHOOL AND DEPARTMENT FUNDS: Schools and departments set up kinds of funds under the foundation. Funds were raised to support various activities of the school and departments, such as fellowships, scholarships, academic research, books and manuscripts, building renovation, alumni events, etc. In 2023, there were two(2) School and Department Funds granted, including Department of Enviromental Science & Engineering and University Library. 25641 25641 560860 ACADEMIC RESEARCH 14584 14584 14584 OTHER 40225 40225 575444 881258 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 HK 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 1 0 0 DE X YINGFENG LU 5164728337 ROOM 423 YUAN CHENGYING BUILDING 220 HANDAN ROAD FUDAN UNIVERSITY SHANGHAI CH 200433 X XU ZHENG CHAIRMAN, DIRECTOR 4 X X 0 0 0 CHAN ALLEN DIRECTOR 1 X 0 0 0 YUEN FRANCIS DIRECTOR, TREASURER 3 X X 0 0 0 LAM COLIN DIRECTOR 1 X 0 0 0 CHIANG LAI YUEN DIRECTOR 1 X 0 0 0 CHAN ANSON DIRECTOR 1 X 0 0 0 LIU LI DIRECTOR, PRESIDENT 8 X X 0 0 0 LU YINGFENG VICE PRESIDENT 16 X 0 0 0 ZHANG YI VICE PRESIDENT 1 X 0 0 0 LU LI AN VICE PRESIDENT 1 X 0 0 0 SHEN GUOLIN VICE PRESIDENT 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2541022 0 2541022 0 0 0 0 0 1532 1532 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 -1578 -1578 0 0 -1578 2540976 -46 0 0 881258 881258 558 558 5071 5071 5429 5429 506 506 892822 881258 11564 0 113137 239724 422944 2270606 110000 0 0 33558202 35451703 34204283 37962033 0 0 X 31825784 33851783 2378499 4110250 34204283 37962033 34204283 37962033 1648154 2109596 0 0 0 0 X 0 0 0 X 1849429 2851365 2488291 1428450 2541022 11158557 0 0 0 0 0 0 0 0 0 0 1849429 2851365 2488291 1428450 2541022 11158557 7340510 3818047 1707 13495 46951 -7364 -46 54743 0 0 0 0 0 0 0 0 0 0 0 0 11213300 0.34049 0.375 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1795623 0 152192 75000 0 0 1872815 2091320 0 -95697 200000 0 0 1795623 1788325 0 327995 25000 0 0 2091320 1689823 0 173502 75000 0 0 1788325 1576625 0 188298 75000 0 0 1689923 0 1 0 0 0 0 0 LGT CF PREMIUM STRATEGY GIM 31631109 F ALL STARS INVESTMENT US FUND 2423680 F ALL STARS INVESTMENT PRIVATE PARTNERD FUND 1396914 F 35451703 Schedule D, Part V, Line 4 Fudan University Education Development Foundation has two Endoement fund till now.1)Fudan-Yin Fan Wu&Ling Chao Chang Wu Endowment fund.This endowment is set up permanently to generate income through investment for scholarship. Each recipient can receive USD1500 per academic year. According to the designated ROI in the donation agreement ,there are 16-17 students to be granted the scholarship annually since 2012.2)Xie Xide Chair Professor .This endowment is set up permanently to generate income through investment for fellowship in Physics Department.According to designated ROI in the donation agreement ,USD50000 will be allocated to this fellowship each year since 2017. 1 East Asia and the Pacific 0 0 Grantmaking 881258 East Asia and the Pacific 0 0 Investments 35451703 0 0 36332961 East Asia and the Pacific Scholarship, Financial Aids,Students International Exchange ,Fellowship and Campus Infrastructure etc. 771258 Wire Transfer 110000 Book Value 2 0 0 0 1 0 0 0 Schedule F, Part I, Line 2 As described in Form 990 Part l line 1 of our mission, Fudan University is exclusively established to raise funds to support academic research talents cultivation and infrastucture constructions in Fudan University and other high educational organizations in China.The majority of the donation is supposed to be granted to Fudan University.To make good use of all grants and execute sufficient monitor,our foudnation sets up the management procedures as below:1)1)Application:The candidates are required to file application form and Submit it with their proposals.2)Screen &Evaluation: Designated professional staffs are responsible for screening and evaluating applications withe proposals ,then give recommendations for grant action.3) Review &Approval: The applications are reviewed and approved by different level of officers, special management commitees, and directors based on the purpose and the amount of grants.quarterly, half yeariy or annually basis. 4) Periodically Reporting: The beneficiaries are required to provide regular progress reports on quaterly ,half year or annually basis.5) Final assessment and:when the grant is completed, foundation checks its compliance and effectiveness through expenditure data, reports, and field investigation if necessary. Besides, to facllitate the monitoring locally, our largest beneficiary, Fudan University, sets up a Grant Administration Office on campus which is full of experienced professional staffs. The office is responsible to both the foundation and the university's grant management. In other words, our foundation can get suficient information of all the grants and implement supervision with the assistance of that office. Form 990, Part VI, Section B, Line 11b Form 990 including all series Schedules were filled by financial staff and reviewed by Vice President and President. Form 990, Part VI, Section B, Line 12c According to Conflict of Interest Policy, if there is any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors. After exercising due diligence, the board will held meeting to discuss and determine whether a conflict really exists, and vote on the transaction or arrangement related. If the board has reasonable cause to believe a member has failed to disclose actual or possible conflict or interest, it shall take appropriate disciplinary and corrective action. Form 990, Part VI, Section B, Line 15 The process of Determining Compensation applies to the compensation of excutive officers including president, vice president, secretary, treasurer, and other high-level officers. The process includes all of these steps: a) Use of comparability data to determine compensation scheme. Compare the compensation for similarly qualified persons in functionally comparable positions at similarly organizations, and then design its own compensation scheme. b) Review and Approval. The compensation of the person is reviewed and approved by the board of directors. c) Contemporaneous documentation and record-keeping with respect to the deliberations and decisions. Form 990, Part VI, Section C, Line 19 Fudan University Education Development Foundation makes our governing documents, conflict of interest policy, financial statements and other essential documents available to the public upon request.