The charity Welfare Handicrafts knows better than anyone else the true meaning of Christmas - the organisation donated $100,000 to Operation Santa Claus after closing operations. Hong Kong's centre for charity Christmas cards and goods for more than 45 years has closed its doors. Established in 1956 as a non-profit organisation to support and give dignity to refugees in Hong Kong by providing handicraft materials and an outlet for their products, it lost its landmark shop in Salisbury Road to government redevelopment. The recession and Sars scuppered plans to outfit a new store. But there is a bright side, as its board of directors has made a $100,000 donation to Operation Santa Claus from the organisation's residual funds. 'We have always operated as a charity and whatever came in always went back to the community through the charities we supported. There was a small surplus when we closed and Operation Santa Claus was an appropriate way to use it,' chairwoman Betty Fung said, handing the cheque to South China Morning Post news editor Greg Torode yesterday. The money will go towards the 12 beneficiaries of this year's Operation Santa Claus fund, which now stands at $3,718,421. Welfare Handicrafts is appealing to anyone who can offer a free retail shop to help re-start their operation. The highest bid for the Montblanc watch in the Operation Santa Claus auction was $5,000 and not $5,200, as reported in yesterday's paper. The auction raised $362,854.