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Comparison

Concord Fortune Charity Fund Limited vs 1cm Limited

Key details

Effective date
29 June 2011
7 June 2022

About

Description
Concord Fortune Charity Fund Limited was established in 2011 by Concord Fortune Group as an approved charity institution under Section 88 of the Inland Revenue Ordinance of the HKSAR. To kick start the Fund, Concord Fortune Group has injected an initial endowment and has pledged to donate ongoing funding from its day-to-day operations: with the amount of funding directly linked to the tonnage of materials traded by the Group. This ties in with the Group’s core business philosophy - to “give back” to the community within which we operate. The main focus of the Fund is to help underprivileged children to equip themselves through education and proper training so they can earn their living independently as well as make their contribution to society in the future. To minimise the administrative cost, as well as giving its colleagues an opportunity to work and contribute to the community, Concord Fortune Group encourages the personal participation of staff and also their families. Concord Fortune Charity Fund also welcomes collaboration with other non-profit organisations to conduct projects which help socially vulnerable groups in Hong Kong.

Contact

Address
Unit 4703-4704, 47/F, Far East Finance Centre, 16 Harcourt Road, Admiralty, Hong Kong
Phone
2290 9700

Status

Subvented
No
No
IRD verified
Subsidiary
No
No
Crowdfunding

Categories

Categories

Target beneficiaries

Governance & transparency

Annual report on website
No
Financial audits on website
No
Board of directors on website
Yes

Sustainable Development Goals

SDGs
SDG4: Quality Education

Disclaimer

Information is based on publicly available data and may not reflect recent changes.

This comparison is not a legal or professional audit.