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FRIDAY, FEBRUARY 11, 1977
TANG SHIU KIN AND HO TIM CHARITABLE FUND
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TWO PROMINENT RESIDENTS, SIR SHIU-KIN TANG AND MR. HO TIM, HAVE DONATED $1 MILLION EACH TO FORM THE CAPITAL OF A FUND, THE INTEREST FROM WHICH WILL BE USED FOR CHARITABLE PURPOSES.
THEY HAVE INVITED THE CHAIRMAN OF THE TUNG WAH GROUP OF HOSPITALS, DR. CHARM HOI-SANG AND THE CHAIRMAN OF PO LEUNG KUK, MRS. MAXINE LI KWOK, AS THE CO-CHAIRMEN OF THE MANAGEMENT COMMITTEE OF THE FUND.
THE TANG SHIU KIN AND HO TIM CHARITABLE FUND' WILL BENEFIT FAMILIES IN CRISES OR EMERGENCIES WHICH GIVE RISE TO SPECIAL AND IMMEDIATE NEED OF FINANCIAL ASSISTANCE OF A WELFARE, EDUCATIONAL OR MEDICAL NATURE.
DETAILS ON PROCEDURES ARE NOW BEING WORKED OUT. IT IS EXPECTED THAT APPLICATIONS FOR ASSISTANCE FROM THE FUND CAN BE MADE IN MAY THIS YEAR.
BOTH SIR SHIU-KIN AND MR. HO ARE NOW APPEALING TO MEMBERS OF THE PUBLIC TO SUBSCRIBE TO THE FUND. ALL DONATIONS SHOULD BE ADDRESSED TO THE TANG SHIU KIN AND HO TIM CHARITABLE FUND' AND SENT TO THE TUNG WAH GROUP OF HOSPITALS, PO LEUNG KUK OR SOCIAL WELFARE DEPARTMENT.
UNDER THE DIRECTOR OF SOCIAL WELFARE INCORPORATION ORDINANCE, CHAPTER 1096 OF THE LAWS OF HONG KONG, THE DIRECTOR OF SOCIAL WELFARE INCORPORATED IS EMPOWERED TO ACT AS THE TRUSTEE OF ANY TRUST CREATED IN CONNECTION WITH THE WORK OF THE SOCIAL WELFARE DEPARTMENT.
SIR SHIU-KIN AND MR. HO TIM HAVE APPOINTED THE DIRECTOR OF SOCIAL WELFARE INCORPORATED TO ACT AS THE TRUSTEE OF THE FUND AND A COMMITTEE TO MAKE RULES GOVERNING CONDITIONS OF PAYMENT, RANGE OF ASSISTANCE, INVESTMENTS, AND DISPOSAL OF TRUST PROPERTIES.
THE COMMITTEE COMPRISES THE CHAIRMAN OF THE TUNG WAH GROUP OF HOSPITALS AND CHAIRMAN OF PO LEUNG KUK AS CO-CHAIRMEN THREE MEMBERS TO BE NOMINATED BY THE TUNG WAH GROUP OF HOSPITALS- THREE MEMBERS TO BE NOMINATED BY PO LEUNG KUK A CO-OPTED MEMBER= A REPRESENTATIVE OF THE MEDICAL AND HEALTH DEPARTMENT A REPRESENTATIVE OF THE HOME AFFAIRS DEPARTMENT AND A REPRESENTATIVE FROM THE SOCIAL WELFARE DEPARTMENT.
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