Chairman’s Report
21st November 2025
Dear members,
It is my pleasure to report that it was a steady year for the Foundation both in financial and membership terms during the year under review.
In the past year, the Foundation has made available over $700,000 for Ying Wa College and Ying Wa Primary School via various sponsorships and support. These include the continued sponsorship to the purchase of computer equipment for the teaching staff and the sponsorships to students for foreign learning trips and academic/music tours.
The total donations received for the year was about $627,000 (compared to previous year’s HK$1.25 million). The decrease in donation received was mainly attributed to the drop in new joining members as there was less than 5 with donations of $120,000 this year (compared to over 20 with $600,000 in the previous year). The main fund raising activity in the past year was the Walkathon held in March 2025 and resulted about HK$385,000 donations received. We will continue to explore ways to strengthen the financial standing of the Foundation.
There was a slight growth to the Fund financially for the year. As at 30th June 2025, the amount of funds remains in the Foundation was approximately HK$9.38 million (compared to HK$9 million in the previous period). Once again, we will use our best endeavours to appropriately apply and utilize these funds for the betterment of Ying Wa.
I am obliged to the helpful and devoted assistance given by the elected and ex-officio executive committee members in the past year and I would express my sincere thanks to all of them. On behalf of the Executive Committee, I wish to express our appreciation of all the contribution made by members of the Foundation as well as the donations made by the Ying Wa community.
KWAN KAI CHEONG
CHAIRMAN