
CREO Foundation for the Children of China
Established in 2007 by China Real Estate Opportunities Limited (CREO),
the CREO Foundation for the Children of China (CREO Foundation) is a charitable
organization aiming specifically to aid and support the education and
welfare of children in China so as to make a meaningful and material contribution
to China’s next generation.
CREO is an AIM listed company managed by Treasury Holdings Limited, the
largest and most successful property company in Ireland, through its subsidiary
Treasury Holdings China Limited. With an investment and development portfolio
of properties in Shanghai, Beijing, and Qingdao, CREO is committed to
the contribution of funding to the CREO Foundation on a long-term basis,
recognizing that as an important part of its corporate social responsibility
program.
Since its inception, the CREO Foundation has donated close to RMB 2,000,000
and has established a formal channel for third parties to contribute directly
into the CREO Foundation.
CREO - SCF Special Fund for Children
In 2008, the CREO Foundation established the CREO-SCF Special Fund for
Children (Special Fund) in partnership with the Shanghai Charity Foundation
(SCF).
The Special Fund capitalizes on SCF’s extensive operational network
throughout Shanghai and its influence in philanthropic causes across China.
This Special Fund focuses on children’s education, health, development,
and welfare including the provision of funding to governmental and non-governmental
projects and programs engaged in these areas.
For more information, please contact:
Mr. Weiping Hu
Director of CREO Foundation
Email: huweiping@treasuryholdingschina.com
Website: www.creo-scf.com
Click here to view a PDF of the CREO Foundation Projects
The Creo-Scf Special Fund For Children Launch
Announcement
of First Grant Allocation
Shanghai 4th August 2008The CREO Foundation for the Children of China (CREO Foundation) and the Shanghai
Charity Foundation (SCF) today announced the establishment of the CREO-SCF Special
Fund for Children (Special Fund), a charitable fund that will provide financial
assistance to underprivileged children under the age of 18 in Shanghai and other
areas of China. A ceremony to mark the launch was held at Shanghai’s Westin Bund Centre.
Capitalizing on SCF’s extensive network of district and county offices throughout
Shanghai and its influence in philanthropic causes across China, the Special Fund
will focus on the education, health, development and welfare of underprivileged children,
including the provision of funding to governmental and non-governmental projects and
programs engaged in these areas.
Mr. Richard Barrett, Founder of Treasury Holdings Group and Director of CREO, Mr. Richard David,
Managing Director of Treasury Holdings China Limited, Ms. Chen Tiedi, President of SCF and Mr.
Yuan Cai, Vice President of SCF, were present at today’s launch ceremony. On behalf of both
parties, Mr. Barrett and Mr. Yuan signed the agreement on the establishment of the Special
Fund. Mr. Hu Weiping, Director of the CREO Foundation, presented the EUR 50,000 donation for
the establishment of the Special Fund to Ms. Jin Minzhu, SCF’s Council Member and Director
of Foreign Affairs Committee.
The Special Fund today also announced its first allocation, a RMB 80,000 grant to Huangpu
District’s Wai Tan Community Sunshine Home Centre, a facility that serves mentally handicapped
residents in the community. During the ceremony, Mr. David and Ms. Xia, Vice Chairs of the
Special Fund’s management committee, presented the cheque to the representatives of the Wai
Tan Community Council and Sunshine Home Centre. The grant will be used for improving and
upgrading the centre’s education, development, rehabilitation and entertainment facilities
for children, setting up a CREO Foundation Sunshine Classroom, and providing financial assistance
to children in need.
Additionally, Mr. Barrett presented a separate RMB 1.15 million donation to Ms. Chen,
in the name of “CREO, Treasury Holdings Group and Friends”, which will be used to purchase
service vehicles for a major social welfare institution and seven senior citizens’ homes in
Dujiangyan City in Sichuan Province to assist with the recovery efforts following the recent
earthquake devastation. SCF will coordinate the purchase and delivery of these vehicles with
the Shanghai Operation Command for Dujiangyan Post-Earthquake Rebuilding.
Mr. Fang Ridong, Deputy Mayor of Huangpu District Government, and Mr. John Lynam, Irish Vice
Consul in Shanghai, were the guests of honor at today’s ceremony.
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