Based on reflection of the traditional financing ways of foundations，some practitioners and scholars developed continuous creativity and innovation in this area recently. The goal of innovations is to finance effectively and create more social values. Through comparing Ya’an Program of Oxfam Hongkong，ME Program of China Foundation for Poverty Alleviation，Jinghang Program of Narada Foundation，Ginkgo Fellows Program of Beijing Ginkgo Foundation，the authors consider there are very large rooms for improvement in the fields of financing ideas，selecting partners，logical frameworks and evaluation. The Value-driven Trinity of Program-Organization-Manpower Resource can overcome those barriers to a great extent.