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As a private family foundation, Chow Tai Fook Charity Foundation aspires to investing and building a better shared future for everyone through philanthropy.
When Light Be first prepared to kick start the Light Housing project, which is a rather innovative concept, there was not any government funding in support of the development of social housing. Since there was no track record of social innovation, we needed the support of private charitable foundations like the Chow Tai Fook Charity Foundation. They have played a very important role in social innovation projects especially because of their agile, flexible and pragmatic approach.
I forgot how to stand up at the very beginning and was like a baby who needed to learn to walk and adapt again. Following a period of training, I could walk for half an hour with the assistance of the robotic exoskeleton. I have not only increased the amount of physical activity with the use of exoskeleton for greater health benefits, but also improved my balance control and blood circulation. When I put on the exoskeleton, my son was surprised to see how tall his father can be. Being able to face others at eye level has also boosted my social confidence.
Hong Kong’s wealth gap reaches ‘tipping point’ under Covid as unemployment rises among poor, Oxfam says
The pandemic has worsened Hong Kong’s wealth gap, with the city’s poorest making 47 times less than its richest residents, Oxfam Hong Kong has said. In the pre-Covid era, the highest earners made 34.3 times more.
Behind Philanthropy
The spirit of philanthropy installed by the Founder the late Dr. Cheng Yu-Tung is passed on from generation to generation. Nowadays, the private family foundation is chaired by Mr. Peter Cheng Kar-Shing and overseen by the Executive Committee. Learn more about our aspiration, mission and the people behind the Foundation.