Major Donations
D
R LARRY YUNG
donated $45 million to
the Institute for Advanced Study, further
strengthening the Institute’s financial capability to
pursue its cause.
Shun Hing Education and Charity Fund Ltd donated
$10 million to support research at the Institute of
Nano Science and Technology. This is the third major
gift from the Fund. The previous two were also
earmarked for nano-related programs. In recognition
of the donor’s generosity, the Institute was renamed
the “William Mong Institute of Nano Science and
Technology”.
The Bank of East Asia Limited donated $5 million
to our University in March 2008. The donation will
be used to support the University’s academic and
research development.
Members of the Hong Kong Chiu Chow Chamber
of Commerce, including President Ma Kai Cheung,
Vice Presidents Hui Hok Chee, Chan Yau Nam,
Chow Chun Kay, Permanent Honorary President
Chong Hok Shan, and Directors Ko Pui Shuen and
Hui Ping Chuen jointly pledged $4.5 million for
setting up 10 scholarships for postgraduate students
who are Chiu Chow natives. Priority will be given to
those enrolled in the Chinese Medicine research and
development program.
The Tin Ka Ping Foundation donated $3 million
(ma t ched by ano t he r $3 mi l l i on f rom t he
Government) for the establishment of the Tin Ka
Ping Education Fund to recruit young scholars from
the Mainland as Fellows at the IAS.
Drs Richard Charles & Esther Yewpick Lee Charitable
Foundation donated $2,345,000 to support the
HKUST REDBird Program, a University-wide initiative
to foster students’ intellectual, moral, physical, social
and cultural development. The REDBird Program will
be launched in the 2008/09 academic year with the
initial recruitment of 100 REDBird students.
Hang Seng Bank donated $2 million to support
student-led environmental programs.
The Morris S Smith Foundation in the US donated
US$135,000 (HK$1,053,000) to augment an
endowment fund which the Foundation established
in the School of Business & Management for the
“Franklin Prizes”, an annual teaching award program
for general University development purposes.
Alumni
This year has been an eventful year for our 31,000
alumni, thanks to those who attended the alumni
activities and programs organized by the University.
Reunions for the Class of 1997 and 1998, held in
October 2007 and May 2008 respectively, were well
attended, setting new records for the numbers of
participants.
In May 2008, the University awarded a gold medal
posthumously to Roy To Sze Chung, graduate of
2005 in civil engineering, who had dedicated his life
to helping the underprivileged people in the world.
He died in a car accident in Inner Mongolia while
returning home after visiting children in poverty.
The University has also set up an annual award in
his name, the “Roy To Community Service Award”
to recognize students who have made exceptional
contributions to community service.
Community Project
The One Love Project run by the School of Business
and Management and the Po Leung Kuk charity is
the first of its kind between a Hong Kong university
and a local charitable institution. It forms a credit-
bearing elective course and is a first step towards
integrating social responsibility into the curriculum.
Sixteen undergraduates signed up in the first
instance. They are running a series of events
producing funds to be donated to Po Leung Kuk
community service projects that they will help
organize, earning credits in the process.
HKUST 2007-2008 Annual Report
51
