“Yin Shun Learning”has become one of the“prominent schools of thoughts”in the contemporary Buddhist circle and academic circle of Taiwan. The essential conditions for the establishment of“Yin Shun School can be summarized to be four main points. Firstly, the thinking of its founder or“great master”Yin Shun“becomes the thoughts of the school itself.” Secondly, a lot of outstanding disciples, no matter living or deceased, of Yin Shun and the students of private schools extensively propagated his thinking via different means, such as Hong Shi Academy led by Shi Chao-Hwei, Miao Xin Temple hosted by Shi Chuan-Dao, Buddhism Learning Group headed by Hong Hong-Yin, Fu Yan Buddhist Lodge and Hui Ri Lecture Hall hosted by Shi Hou-Guan and others. Thirdly, Yin Shun School possesses profound and deep influence on the society. The humanistic Buddhism promoted by them has become the characteristics of contemporary Buddhism in Taiwan. And Buddhism is also an important indicator recognized by the society. Fourthly, there is close friendship among the characters of the same school. They give assistance to each other, and co-complete works together. Besides, Yin Shun and Cheng Yen of Tzu Chi have the relationship of master and disciple. They both promote the spirits of the Buddhist Bodhisattva rules,“contribution for Buddhism, and for the general public.”However, Cheng Yen does not taking the thinking of Yin Shun as the core in the promotion of Buddhist thinking. Therefore, Cheng Yen can only be called a branch of Yin Shun School. The humanistic Buddhism promoted by Yin Shun and his followers has its spirit, meaning and influence of the age in the contemporary Buddhist circle of Taiwan. Judging from the academic viewpoint, Yin Shun School has been gradually formed. Of course, whether Yin Shun School can be kept new timelessly, and find new development ways from the old theories needs subsequent observation and verification.