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Comparison

Concord Fortune Charity Fund Limited vs 2022 Foundation Limited

Key details

Effective date
29 June 2011
5 August 2002

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.
2022 Foundation, as a non-profit organization, seeks to facilitate the development of a long-term vision of what Hong Kong can accomplish by deepening and widening its knowledge platform. Mission: Recognizing the needs for Hong Kong to re-position itself in the global arena and the importance of developing reliable data and sound knowledge in the decision-making process, the 2022 Foundation will endeavor: 1. to serve as a round table of bringing together experts and leaders from academe, business, government and other sectors from Hong Kong, Mainland China and abroad into active cooperation in the provision of objective and cogent data to decision makers of Hong Kong 2. to foster cooperation in research in order to secure a better understanding of Hong Kong so that decisions can be made based on sound knowledge and reliable data 3. to promote, stimulate and provide complementary funding for relevant studies that have significant interests 4. to gather and collate technical information and to disseminate such information to the public

Contact

Address
Unit 4703-4704, 47/F, Far East Finance Centre, 16 Harcourt Road, Admiralty, Hong Kong
10th Floor, LiFung Tower, 888 Cheung Sha Wan Road, Hong Kong
Phone
2290 9700

Status

Subvented
No
No
IRD verified
Subsidiary
No
No
Crowdfunding

Categories

Target beneficiaries

Governance & transparency

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

Sustainable Development Goals

SDGs
SDG4: Quality Education
SDG9: Industry and Innovation and Infrastructure

Documents & video

Legal documents (audit)
View
Video intro

Disclaimer

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

This comparison is not a legal or professional audit.