Founded on October 8 ,2010 in California, the University of Science and Technology of China Initiative Foundation (USTCIF) is a nonprofit public benefit corporation and is not organiazed for the private gain of any person. It is organized under the Nonprofit Public Benefit Corporation Law for charitable purposes. The specific purpose of this corporation is to further relationship that would benefit and enrich the academic communities of University of Science and Technology of China in China and in the U.S.A.by providing support for University of Science and Technology of China and all its affiliate entities, students, faculties, alumni and friends. Promoting academic and cultural exchange between University of Science and Technology of china and academic institutions in the U.S.A. and other countries. The foundation is organized and operated exclusively for charitable purposes within the meaning of Section 501(c)(3),Internal Revenue Code.