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"I hope to see our foundation taking more calculated risks in supporting truly innovative projects which have a degree of uncertainty in their outcome. We will also contribute to other countries with which we are less familiar selectively and prudently."

Rick Tang, Trustee
Fu Tak Iam Foundation Limited
 

 

As a young family foundation, we have come a long way since we started ten years ago. There is much to celebrate.

 

First, Jonathan and Nicolas, the chairman’s two sons, are now in Hong Kong and active in the affairs of the foundation. They have been a real blessing in bringing a breath of fresh air and a perspective different from us older folks.

 

We embarked on what we considered to be a pioneer joint venture with our Chairman in his personal capacity as owner of a seven-storey building. We leased out three floors to NGOs for a period of five years or more at a subsidized rent. This arrangement removed their risk of having to move offices every two years because of aggressive rental increases. The NGOs are now well settled in. Hopefully other donors will create a similar model to satisfy an urgent need in Hong Kong.

 

We helped to restore the eyesight of thousands of poor people in Yang Shan, Guangdong province. A dedicated team of medical professionals from Hong Kong went there to perform cataract surgery on the patients who would otherwise not be able to afford the medical fees. They also trained local medical professionals on the after-care.

 

We helped children to manage their learning disabilities by partnering with NGOs to deploy a team of professionals which includes social workers, psychologists, special teachers and therapists. We rejoice to see the improvement in their learning ability and the smile of their parents.    

 

Now reaching most sectors of society, we have learned much more about the service gaps in Hong Kong and on the Mainland. We venture into areas which may be considered controversial by some donors or whose impact is difficult to measure in the short term. We have progressively increased our risk tolerance for innovative projects and have done so prudently and sensibly. 

 

Just to name a few: providing asylum seekers with legal representation (Justice Centre Hong Kong Limited), adopting a new education model to teach the Chinese language to ethnic minority students (Hong Kong Unison Limited), equipping domestic helpers with basic financial literacy (Enrich Personal Development Limited), and collaborating with the Chinese Judiciary in promoting the use of Guiding Cases in the Chinese courts (Stanford Law School, USA).

 

We have been active participants in all breakfast meetings of the Hong Kong Foundation Exchange and continue to engage with other donors. One of the outcomes was partnering with Teach Future China which used to be funded by the Chen Yet-Sen foundation. It is a NGO which recruits, trains and assigns Mainland university graduates to be volunteer teachers in rural schools. Being inspired by the sacrifices made by the young volunteer teachers, one of us stayed in a village and paid home visits to the “left-behind” children. We took great joy in their innocence and curiosity for knowledge.

 

We don’t just give financially. We give our time and share our experience and enthusiasm as well.

 

Some of us took on new personal responsibilities outside our Foundation. We created and ran a series of workshops in collaboration with the University of Hong Kong to teach NGO managers and HKU Master Degree students how to secure funding from foundations. Connie, our Executive Director, gave up her weekends to mentor the participants. Adrian, our Chairman, and Jonathan, my fellow trustee, served as directors at a mock board of directors meeting in 2015/16 and 2016/17 respectively to receive funding proposals from the students. Senior staff and board members from other donor-foundations answered our call to be mentors and directors. The appreciation expressed by the students and the university was overwhelming. HKU has invited us to run it again in 2017/2018.  

  

Looking forward, we will seek out opportunities proactively to help make Hong Kong and the Mainland a better place for our people. I hope to see our foundation taking more calculated risks in supporting truly innovative projects which have a degree of uncertainty in their outcome. We will also contribute to other countries with which we are less familiar selectively and prudently.

Rick Tang, Trustee
Fu Tak Iam Foundation Limited
 

 

As a young family foundation, we have come a long way since we started ten years ago. There is much to celebrate.

 

First, Jonathan and Nicolas, the chairman’s two sons, are now in Hong Kong and active in the affairs of the foundation. They have been a real blessing in bringing a breath of fresh air and a perspective different from us older folks.

 

We embarked on what we considered to be a pioneer joint venture with our Chairman in his personal capacity as owner of a seven-storey building. We leased out three floors to NGOs for a period of five years or more at a subsidized rent. This arrangement removed their risk of having to move offices every two years because of aggressive rental increases. The NGOs are now well settled in. Hopefully other donors will create a similar model to satisfy an urgent need in Hong Kong.

 

We helped to restore the eyesight of thousands of poor people in Yang Shan, Guangdong province. A dedicated team of medical professionals from Hong Kong went there to perform cataract surgery on the patients who would otherwise not be able to afford the medical fees. They also trained local medical professionals on the after-care.

 

We helped children to manage their learning disabilities by partnering with NGOs to deploy a team of professionals which includes social workers, psychologists, special teachers and therapists. We rejoice to see the improvement in their learning ability and the smile of their parents.    

 

Now reaching most sectors of society, we have learned much more about the service gaps in Hong Kong and on the Mainland. We venture into areas which may be considered controversial by some donors or whose impact is difficult to measure in the short term. We have progressively increased our risk tolerance for innovative projects and have done so prudently and sensibly. 

 

Just to name a few: providing asylum seekers with legal representation (Justice Centre Hong Kong Limited), adopting a new education model to teach the Chinese language to ethnic minority students (Hong Kong Unison Limited), equipping domestic helpers with basic financial literacy (Enrich Personal Development Limited), and collaborating with the Chinese Judiciary in promoting the use of Guiding Cases in the Chinese courts (Stanford Law School, USA).

 

We have been active participants in all breakfast meetings of the Hong Kong Foundation Exchange and continue to engage with other donors. One of the outcomes was partnering with Teach Future China which used to be funded by the Chen Yet-Sen foundation. It is a NGO which recruits, trains and assigns Mainland university graduates to be volunteer teachers in rural schools. Being inspired by the sacrifices made by the young volunteer teachers, one of us stayed in a village and paid home visits to the “left-behind” children. We took great joy in their innocence and curiosity for knowledge.

 

We don’t just give financially. We give our time and share our experience and enthusiasm as well.

 

Some of us took on new personal responsibilities outside our Foundation. We created and ran a series of workshops in collaboration with the University of Hong Kong to teach NGO managers and HKU Master Degree students how to secure funding from foundations. Connie, our Executive Director, gave up her weekends to mentor the participants. Adrian, our Chairman, and Jonathan, my fellow trustee, served as directors at a mock board of directors meeting in 2015/16 and 2016/17 respectively to receive funding proposals from the students. Senior staff and board members from other donor-foundations answered our call to be mentors and directors. The appreciation expressed by the students and the university was overwhelming. HKU has invited us to run it again in 2017/2018.  

  

Looking forward, we will seek out opportunities proactively to help make Hong Kong and the Mainland a better place for our people. I hope to see our foundation taking more calculated risks in supporting truly innovative projects which have a degree of uncertainty in their outcome. We will also contribute to other countries with which we are less familiar selectively and prudently.