Foundations Act Article 21

Any award or donation made by a foundation shall be limited to the operation items set out in its charter of endowment and follow the principle of universality and fairness.A foundation ’s award or donation to a single organization, legal person or individual shall not exceed 10 percent of its total expenditure of that year unless it meets any of the following conditions:(1) The award or donation is given to specific parties set out in the charter of endowment;(2) The award or donation is funded from the endowment property with designated use by the endower;(3) The amount of the award or donation in that year is below a specified amount; or(4) The award or donation is given pursuant to other circumstances approved by the competent authority.The specified amount under subparagraph (3) of the preceding paragraph shall be stipulated by the competent authority.A person in violation of the second paragraph shall be subject to a fine of not less than NT$30,000 and not more than NT$150,000.