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Asia Education Foundation Limited

Asia Education Foundation Limited

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Description

ABOUT US
At the heart of Asia Education Foundation (AEF) lies the belief that education is key to breaking the cycle of poverty. AEF was founded in 2006 and was granted charitable status by the Hong Kong Inland Revenue Department in October 2008. It was set up to provide scholarship funds to disadvantaged students to help finance their university tuition fees. For now, our efforts are focused on China, a country where many young outstanding students cannot afford to attend university.

MISSION
Our aim is to improve the lives of talented and hardworking students from unprivileged backgrounds through helping them to afford a tertiary education in China. The option to attend university is often closed to outstanding students, unless they are able to afford the tuition fees. We hope our donations will allow their and their families' dreams of a university education to come true, and help alleviate the hardships suffered by these families.

AEF hopes that the opportunities given to these young adults will instill in them a desire to help others, thus extending the reach of the grant beyond the initial scholarship recipients. To this end, we request that scholarship recipients pledge that they will, upon their graduation, try their very best to donate in a similar way and enable other students with financial difficulties to further their studies by attending university.

Official Government Information

Chinese Name
亞洲教育慈善基金有限公司
Effective date
October 10, 2008
Org. Structure
Company limited by guarantee under the Companies Ordinance

Contact Information

Phone
Address
12/F, Dominion Centre 43-59 Queen"s Road East, Hong Kong

Additional Information

Target Beneficiaries
Children (persons under the age of 14), Those Under the Poverty Line, Youth (age between 15-24)
Sustainable Development Goals
SDG4: Quality Education

Directors

Financial & Legal Information

Working Capital Ratio
1.51
Donation Received
$1,000
Subvention Funding from SWD
$0
Total Income
$1,001
Total Expenditure
$10,126
Surplus/Deficit
-$9,125
Latest Audit: Financial Year End Date
December 21, 2020
Balance Carried Forward to Next Year
$15,291
Total Assets
$65,952
Total Liabilities
$50,661
Director Remuneration
$0
Liabilities to Assets Ratio
76.81%

Transparency

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

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Jon Pedersen

Member since 4 years ago
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