慈善信托不属捐赠，更需透明

Core Viewpoint - The Ministry of Civil Affairs and the Financial Regulatory Administration jointly announced the "Charitable Trust Information Disclosure Measures," which will take effect on April 1, 2026, aiming to enhance transparency and supervision in charitable trusts [3][5][9]. Group 1: Charitable Trust Overview - Charitable trusts differ from charitable donations in that the trust property operates independently and is not subject to the discretion of the trustee, serving specific charitable purposes [4][8]. - As of November last year, there were 2,629 registered charitable trusts in China, with a total asset scale of 9.934 billion yuan, playing a significant role in disaster relief, rural revitalization, and promoting common prosperity [3][7]. Group 2: Information Disclosure Requirements - The new measures require trustees to fulfill their information disclosure obligations, including details about the trust's purpose, the trustee's name, the beneficiary range, and the annual expenditure and management fees [5][9]. - The measures emphasize the need for clear procedures and methods for selecting beneficiaries to prevent misuse of charitable trusts for tax evasion or other illicit activities [6][9]. Group 3: Public Supervision and Trust - The measures encourage public and media oversight of charitable trust information disclosure, aiming to expose illegal activities and enhance social trust in charitable operations [6][10]. - The essence of charitable trusts is a contract of trust, necessitating transparency to reduce misunderstandings and increase societal recognition of charitable efforts [10].