If a government-endowed foundation receives a private donation and plans to include such donation in its fund and, as a result hereof, the private endowments or donations included in the fund shall reach 50 percent of the total fund, such inclusion requires to be passed by a majority of the attending directors in a Board meeting attended by the three-fourths of all directors and applied to the competent authority for approval; without approval, no such donation shall be included in the fund.