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Hong Kong Community Chest promise to make good use of fund

出自香港新聞網 - 樹仁新傳系學生實習習作

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--095116 2012年3月13日 (二) 22:58 (UTC)

13rd March, 2012 Tuesday Winnie Kam reports.


Recently, some charity organizations are (being-omit) doubt(past tense-or use not trusted with..) (for-depends on correction) the improper use of donations. The management of donations becomes an issue of public concern(s). One of the well-known charitable institution, Community Chest promises to have high transparency on the fund usage of the charity organizations.


These incidents have aroused public discussions on the purpose of the fundraising events and as well as the fund usage. “We promise every dollar of funding will be used in the right place and help the needy in the society,” said by Louie Tong, the manager of Community Relations of Hong Kong Community Chest. She states that Community Chest has high transparency (to) the public and release annual financial reports very year.


In order to maintain their services, the Community Chest has to raise large amount of donations every year. Generally, most of the fund will be saved in the bank and part of them will be invested (for-use infinitive marker(to)) generat(ing-infinitive) interest. She added that the Community Chest will only (do?) low-risk investment rather than investing on property and high-risk investment.


There is a worry that the investment of Community Chest may suffer loss of the donations. “There are 9 experienced bankers who responsible for the investment which ensure all the investments (are-omit) breakeven. We will supervise all the donations and investment.” Tong replied that the main aim of investment is to raise the amount of money and is principal protected.




Corrections


Recently, some charity organizations are doubted for the improper use of donations. The management of donations becomes an issue of public concerns. One of the well-known charitable institution, Community Chest promises to have high transparency on the fund usage of the charity organizations.


These incidents have aroused public discussions on the purpose of the fundraising events and as well as the fund usage. “We promise every dollar of funding will be used in the right place and help the needy in the society,” said by Louie Tong, the manager of Community Relations of Hong Kong Community Chest. She states that Community Chest has high transparency to the public and release annual financial reports very year.


In order to maintain their services, the Community Chest has to raise large amount of donations every year. Generally, most of the fund will be saved in the bank and part of them will be invested to generate interest. She added that the Community Chest will only make low-risk investment rather than investing on property and high-risk investment.


There is a worry that the investment of Community Chest may suffer loss of the donations. “There are 9 experienced bankers who responsible for the investment which ensure all the investments breakeven. We will supervise all the donations and investment.” Tong replied that the main aim of investment is to raise the amount of money and is principal protected.

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