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Cedar Fund

Description

Established in 1991, CEDAR Fund is an independent Christian relief and development organization in Hong Kong. It was founded because of a tragic story heard by a founding member – the poor Haitians were suffering from hunger, they had to make mud cakes (mixing mud, water and salt, kneading them into cakes and drying them under the hot sun) to prevent from starving. He believed that Christians must fulfil the mission of loving the poor as commanded by the Lord, so he united with other Christians to establish CEDAR Fund.

OUR VISION
In Christ we build a just and compassionate world together.

OUR MISSION
To live out the integral mission of the Church in partnership with Christians around the world by:
- Caring for the poor and disadvantaged people
- Facilitating the transformation of lives and communities
- Advocating and practicing social justice

Official Government Information

Chinese Name
施達基金會
Effective date
July 11, 1991
Org. Structure
Company limited by guarantee under the Companies Ordinance

Contact Information

Address
Suite 504, Rightful Centre, 12 Tak Hing Street, Kowloon, Hong Kong

Additional Information

Target Beneficiaries
Those Under the Poverty Line
Sustainable Development Goals
SDG3: Good Health and Well-being;SDG1: No Poverty, SDG2: Zero Hunger, SDG10: Reduced Inequality, SDG11: Sustainable Cities and Communities

Directors

Financial & Legal Information

Working Capital Ratio
8.26
Donation Received
$17,851,582
Subvention Funding from SWD
$0
Total Income
$1,350,736
Total Expenditure
$1,779,304
Surplus/Deficit
-$428,568
Latest Audit: Financial Year End Date
June 30, 2020
Balance Carried Forward to Next Year
$18,903,090
Total Assets
$19,538,541
Total Liabilities
$635,451
Director Remuneration
$0
Liabilities to Assets Ratio
3.25%

Social Media

Transparency

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

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Last Updated By

Jon Pedersen

Member since 4 years ago
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