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Bank of East Asia Charitable Foundation Limited, The

Description

On the occasion of its 90th Anniversary in 2009, The Bank of East Asia established The Bank of East Asia Charitable Foundation (“BEA Foundation”) to reaffirm its commitment to the community. Since its establishment, the BEA Foundation has partnered with major non-governmental organisations in Hong Kong to develop programmes that address important social needs including end-of-life care for the elderly, the strengthening of parent-child bonds, and educational support for children from under-resourced families.

BEA Foundation’s goals are aiding with personal development through the acquisition of skills, supporting mental health, empowering youths through education, and alleviating the hardships of Hong Kong’s most vulnerable.

Official Government Information

Chinese Name
東亞銀行慈善基金有限公司
Effective date
January 13, 2009
Org. Structure
Company limited by guarantee under the Companies Ordinance

Contact Information

Address
19/F, 10 Des Voeux Road Central, Hong Kong

Additional Information

Target Beneficiaries
Youth (age between 15-24)
Sustainable Development Goals
SDG11: Sustainable Cities and Communities

Directors

Financial & Legal Information

Working Capital Ratio
2.17
Donation Received
$5,000,000
Subvention Funding from SWD
$0
Total Income
$5,129,551
Total Expenditure
$4,815,126
Surplus/Deficit
$314,425
Latest Audit: Financial Year End Date
December 31, 2020
Balance Carried Forward to Next Year
$10,465,121
Total Assets
$10,605,121
Total Liabilities
$140,000
Director Remuneration
$0
Liabilities to Assets Ratio
1.32%

Transparency

Audit on website?
No
Annual report on website?
Yes
Directors disclosed on website?
No

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Last Updated By

Jon Pedersen

Member since 4 years ago
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