Since its establishment in 1985, the Foundation has supported numerous education and healthcare-related projects. To promote tertiary education, the Foundation funded the establishment of two student residential halls: the Simon K Y Lee Hall at The University of Hong Kong and the Simon K Y Lee HKU-UBC House at The University of British Columbia in Vancouver, Canada, and contributed towards several scholarships for university students.
On the healthcare side, the Foundation contributed to the establishment of the S.U.C.C.E.S.S. Simon K.Y. Lee Seniors Care Home at Vancouver, Canada and the Hong Kong Liver Foundation; and supporting an endowed professorship in gastroenterology at The University of Hong Kong and the VGH & UBC Hospital Foundation in Vancouver, Canada etc.
Recent Development – Duo-Foci on the Elderly and the Young
The Foundation entered a new phase in the 21st century. It set up two daughter funds, the Simon K Y Lee Elderly Fund and the Simon K Y Lee Children’s Fund in 2007 and 2011 respectively. The Elderly Fund aims to improve the quality of life of the elderly; the Children’s Fund aims to reduce the disparity in learning between children from deprived families and those from well-off families, thereby enhancing the formers’ chance of future success.
In refocusing its efforts, the Foundation has also reshaped its funding strategies. It now plays a more proactive role in identifying the needs in our society and pioneering projects to fill the service gap. Research elements are incorporated to create sustainable and proven impact. Moreover, stakeholder collaboration is emphasized to achieve greater leverage from pooling ideas and resources together.