Charities
In the 1950s, as Hong Kong struggled with post-war reconstruction and a massive immigration, there was a need for more charitable structures. HKJC enhanced its charitable role in 1955 by formally devoting its annual surplus to charity and community projects. In 1959, the Hong Kong Jockey Club (Charities) Ltd, was formed to administer donations. This company became the Hong Kong Jockey Club Charities Trust in 1993.
The trust serves four principal areas of civic and social need: sports, recreation and culture, education and training, community services and medical and health.
The Hong Kong Jockey Club supports various social and education institutions. The Jockey Club Government Secondary School in Kowloon Tong and the Jockey Club Ti-I College in Sha Tin was funded by the then Royal Hong Kong Jockey Club. Many swimming pools or public sport facilities in Hong Kong are supported or founded by the funding of The Hong Kong Jockey Club.
Read more about this topic: Hong Kong Jockey Club
Famous quotes containing the word charities:
“The wonderful purity of nature at this season is a most pleasing fact.... In the bare fields and tinkling woods, see what virtue survives. In the coldest and bleakest places, the warmest charities still maintain a foothold.”
—Henry David Thoreau (1817–1862)