Group Photo for Establishment of Education Foundation

On December 3, 2011, Education Foundation of South University of Science and Technology of China (SUSTC) heldthe first session of its Board of Directors for announcement of its official establishment.

In accordance with the provisions of Article 41 of the Interim Measures on Management of South University of Science and Technology of Chinaissued in July 2011: SUSTC can establish a foundation in accordance with the national, provincial and municipal regulations to accept social donations for the educational and scientific research of the university. Shenzhen South University of Science and Technology of China Education Foundation is a non-public foundation (the English name is Shenzhen South University of Science and Technology of China Education Foundation, abbreviated as SUSTCEF) whose tenet is to achieve the diversification of the funding for running the university by strengthening the connection and cooperation between the South University of Science and Technology of China and the circles at home and abroad and expanding the educational and scientific research funding sources, and to improve the level of teaching and scientific research of the teachers through incentives and funding, help the students feel at ease in learning and encourage the students' comprehensive development, promote the reform of the higher education, and accelerate the development of SUSTC’s teaching,scientific research and high-tech exploration.

SUSTCEF is composed of the Board of Directors, Board of Supervisors and Secretariat. The Board of Directors is the highest authority of the Foundation; the Board of Supervisors is responsible for checking the financial and accounting data as well as supervising the compliance of the Board of Directors with the laws and regulations; and the Secretariat is the standing administrative office of the Foundation, taking charge of the routine work of the Foundation under the leadership of the Board of Directors.

The main duties of SUSTCEF is to accept the donations from the domestic and foreign associations, enterprises, trading companies and individuals, and establish the funding projects depending on the demands of the university and the wishes of the donators such as supporting the poverty-stricken students, donating for disasters,rewarding the faculty and students who make contributions to the teaching, scientific research, high-tech development and other work, and ensuring the continuous improvement of SUSTC’s teaching and scientific research level and promoting the sustained progressive development of SUSTC’s education reform.