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Community Chest, Invest For Community

出自香港新聞網 - 樹仁新傳系學生實習習作

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Louie H S Tong, Community Relations Manager of Community Chest, emphasizes that Community Chest absolutely working for the interest of Hong Kong and (no any) administration fee is deduced from the donations at the assembly of Shue Yan University today. ((misplaced modifiers))


Some people question Community Chest that they use donations for investment. Tong states that the majority of money is kept as reserves and only a small amount is spent on long-term investments such as buying bonds. There are nine bankers in the investment group of the charity, and they invest money on the basis of preserving capital. “Even if losing money, we will not fill the number by any donations,” she adds.


Tong explains that all the office rent and salaries of more than 40 staffs are funded by the Jockey Club. “Community Chest is a non-profit, non-government organization,” Tong says, they use the donations wholly on social welfares, elderly, family and youth counseling services.

((maybe a bit sparse...syntax is off on some occasions making it herd to decipher))

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