Li Ka-shing launches new round of philanthropic campaign
Li Ka-shing, Hong Kong's richest man, is launching the second round of a campaign calling for creative philanthropic proposals from the public. Those chosen will be funded by the Li Ka Shing Foundation.
In the first round, in September, 177 charity projects were selected from more than 1,000 proposed by 74,000 people. The foundation eventually gave out about HK$28 million.
'Our spirit of generosity defines the essence of our community. It is wonderful to make a difference together,' Li said.
The second round of the 'Love Ideas, Love HK' campaign will accept proposals from today until May 16.
The charity foundation will invite the public to vote for projects during the three weeks from June 13. The results will be announced on July 7, and the winners will receive grants within a month.
Grants are divided into five categories: HK$25,000, HK$50,000, HK$100,000, HK$200,000 and HK$300,000. As in the first round, only the first category will be open to individuals and the rest mainly to educational institutions and charitable organisations.