22
FRIDAY, NOVEMBER 16, 1990
$3M DONATION TO POLICE EDUCATION TRUSTS
* * *
M.
THE CHAIRMAN OF THE ROYAL HONG KONG JOCKEY CLUB, MR GORDON MACWHINNIE, PRESENTED A CHEQUE FOR $3 MILLION TO THE COMMISSIONER OF POLICE, MR LI KWAN-HA, AT THE POLICE OFFICERS' CLUB TODAY (FRIDAY).
THE GENEROUS DONATION OF THE ROYAL HONG KONG JOCKEY CLUB BROUGHT WELL WITHIN SIGHT THE POLICE EDUCATION TRUSTE' TARGET IN A FUND-RAISING CAMPAIGN TO BOOST THE CAPITAL FUNDS OF THE POLICE CHILDREN'S EDUCATION TRUST AND THE POLICE EDUCATION WELFARE TRUST, BOTH SET UP IN 1967 TO PROVIDE ASSISTANCE TO POLICE OFFICERS FOR THE EDUCATION OF THEIR CHILDREN.
DUE TO THE GROWING DEMAND FOR BURSARIES AND THE INCREASE IN EDUCATION COSTS, THE EXPENDITURE OF THE TWO TRUSTS HAD BEEN GREATER THAN INCOME, CREATING A DEFICIT IN THE YEARS 1988 AND 1989, MAKING IT NECESSARY TO "EAT INTO" THE CAPITAL FUNDS.
IN VIEW OF THIS, THE MANAGEMENT COMMITTEE OF THE TRUSTS DECIDED IN APRIL 1989 ΤΟ LAUNCH
FUND-RAISING CAMPAIGN WITH A COMBINED TARGET SET AT $8 MILLION.
A.
AFTER 18 MONTHS, THE CAMPAIGN HAD RAISED ALMOST $4.5 MILLION, CONSISTING OF LONG-TERM MONTHLY CONTRIBUTIONS BY SERVING POLICE OFFICERS, AND DONATIONS FROM PAST BENEFICIARIES AND CONCERNED INDIVIDUALS.
"THE AMOUNT WAS CONSIDERABLE BUT STILL FELL FAR SHORT OF THE TARGET," A SPOKESMAN FOR THE POLICE EDUCATION TRUSTS' MANAGEMENT COMMITTEE SAID.
"NOW, WITH THE $3 MILLION DONATION FROM THE JOCKEY CLUB, $2 MILLION OF WHICH GOES TO THE POLICE CHILDREN'S EDUCATION TRUST AND $1 MILLION TO THE POLICE EDUCATION WELFARE TRUST, WE ARE AT LONG LAST GETTING CLOSE TO OUR GOAL."
THE ROYAL HONG KONG JOCKEY CLUB HAS A SPECIAL RELATIONSHIP WITH THE TRUSTS, BEING ONE OF ITS FIRST DONORS. IN 1967, THE JOCKEY CLUB GAVE $1 MILLION THAT HELPED TO LAUNCH THE POLICE EDUCATION WELFARE TRUST.
-
0
APPLY FOR TRAVEL DOCUMENT NOW TO AVOID CHRISTMAS HOLIDAY RUSH
ANYONE INTENDING TO TRAVEL ABROAD DURING THE CHRISTMAS
HOLIDAYS SHOULD APPLY FOR TRAVEL DOCUMENT NOW.
A SPOKESMAN FOR THE IMMIGRATION DEPARTMENT TODAY (FRIDAY) SAID THE NUMBER OF PEOPLE TRAVELLING OUTSIDE HONG KONG WILL BE GREATLY INCREASED DURING THIS TIME OF THE YEAR.
/"IN ORDER
No comments yet.
Private notes are available after approval.