Press Releases

The Community Chest of Hong Kong President Mr Charles Y K Lee, GBM, JP, today (26 June) announced at its 49th Annual General Meeting that the Chest had taken the initiative to fund a new project – Community Housing Movement – alongside its allocation of HK$290 million to services offered by its 162 member agencies, in its efforts to help the people of Hong Kong.

 

Last September, the Chest allocated HK$50 million to fund The Community Housing Movement, a pilot project with the aim to provide 500 co-living housing units within three years for people waiting for government housing. In addition to the funding of hardware expenses, another HK$28 million has been budgeted for support services for the residents. This landmark project underscores the Chest’s resolve to provide new services, and sets the scene for its 50th anniversary coming November.

 

Aside from regular service funding, over HK$59 million is used for 20 Time Limited Projects, and more than HK$6.1 million for Capital Project Fund for renovation and enhancing facilities of 20 member agencies. Please refer to attachment I for full list of Time Limited Projects.

 

During the year of reporting, the Chest welcomed two new member agencies. They are: Changing Young Lives Foundation which helps induce self-confidence and positive value in young people, and explores their potential; and Community CareAge Foundation Limited which provides healthcare services to the elderly and supports their caregivers.

 

Another designated fund, “The Community Chest Rainbow Fund”, which helps people in emergency situations and financial crisis, and supports survivors and victims of accidents and natural disasters, had allocated an accumulated amount of nearly HK$126 million to benefit more than 55,000 people as at 31 March 2018.

 

On the same occasion, new members were elected to the 2018/2019 Board of Directors, please refer to Attachment II for 19 nominees. After the meeting, Mr Charles Y K Lee, GBM, JP, expressed his gratitude to eleven retiring Board Members for their contribution to the Chest. They included Mrs Wendy Tong Barnes; Mr Anson Chan; Dr Aron Harilela, JP; Mr M N Melwani, MH, JP; Mr Leon Lai, BBS, MH; Mr Lincoln Leong, JP; Mr Jeremy Parr; Mr John Slosar; Mr Stanley Sun; Most Rev. Michael Yeung and Mr Lucian Yu.

 

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Attachment I:

Total allocation amounted to over HK$59 million.

 

Attachment II: