The West Lake Education Foundation is the sponsor of West Lake University and the main fundraising body of the Endowment Fund. With the approval of Zhejiang Provincial Civil Affairs Department, the Foundation was established in 2015 as a non-public fund. The Board of Trustees of the Foundation consists of Shi Yigong, Chen 11, Pan Jianwei, Rao Yi, Qian Yingyi, Zhang Hui, Chen Yueguang, Gansu Middle School, Zhao Wei and other social sages. Dr. Liu Hao serves as Executive Secretary of the Foundation.