The scions of Hong Kong's tycoons and political heavyweights have combined to form a charity group - the Centum Charitas Foundation - to 'help further construct Hong Kong and the motherland'. The majority of the 40 founding members of the foundation, which was formally inaugurated last night, are the children of businessmen who run the city's large corporations. The foundation's president is Peter Lee Ka-kit, the vice-president of Henderson Land Development and son of its chairman, billionaire Lee Shau-kee. Outlining the aims of the foundation yesterday, Peter Lee said it was positioned as a community service organisation to help the underprivileged. Its first project was the launch of a website called 'Charity Online', which would serve as a platform to gather cases of those in need and find solutions for them. Mr Lee was accompanied at yesterday's press briefing by Jaime Sze Wine-him, son of Chinese People's Political Consultative Conference delegate Sze Chi-ching, and Raymond Lee Man-chun, son of Lee & Man Paper Manufacturing chairman Patrick Lee Wan-keung. 'We hope to narrow the gap between the rich and the poor, and the gap between the educated and the uneducated,' Peter Lee said. Online forums on suicide prevention, helping the disabled and the psychologically disturbed, and other social issues would be hosted by the foundation's members. Mr Lee, a delegate to the CPPCC, said the foundation would not participate in politics. However, it would 'help build Hong Kong and the motherland' and expound its views on issues that might affect the prosperity and stability of Hong Kong. He explained that the similar family backgrounds of its founding members was due to their social circle and said they would like to 'break this small circle'. Mr Lee denied an earlier media report that HK$500,000 was required as a membership fee. Some other members of the foundation are Kenneth Fok Kai-kong, grandson of late CPPCC vice-chairman Henry Fok Ying-tung; Brian Li Man-pun and Adrian Li Man-kiu, sons of Bank of East Asia chairman David Li Kwok-po; and Lau Ming-wai, son of Chinese Estates Holdings chairman Joseph Lau Luen-hung.