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Community used donations for investment: Louie Tong

出自香港新聞網 - 樹仁新傳系學生實習習作

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The Community Chest does not spend all the donation on the people who are in need, but used 10% of the donation for investment. [What is the rest of the money used for?]


Louie Tong, the manager of the community relation in the Community Chest said today in Hong Kong Shue Yan University that though The Community Chest spend most of the donation on the people [Ah, 90^ goes to the needy], they also spend 10% of the donation to gain more money for the charity.


The 10% investment bring up a problem that if the investment failed. Louie explained that they would make sure the investment to be saved. “We have employed nine bankers, and they will make sure all the investments are moderate, steady and low risk.” Yet She didn’t mentioned in detail how they can make sure the investment can have a save gain in dollars. She continued that the Community Chest has saved about $700 millions in bank, which is enough for running the charity for two years.


--095039 2012年3月13日 (二) 23:51 (UTC)

[Good explenation of Community CHest policy.]

[Grade: A-]

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