The Lawrence S. Ting Memorial Fund under the Phu My Hung Corporation celebrated its fifth birthday last week by granting nearly VND8.8 billion for charity.
Four hundred and fifty studious poor students nationwide received a total VND3.7 billion in scholarships, while the rest of the VND8.8 billion went to funds and organizations.
Since it was established the memorial fund has given VND83 billion in education aid in Vietnam. The programs include scholarships, the “Moving forward with IT” program and facilities and equipment for schools.
The fund has also sponsored VND11 billion for the public healthcare sector to buy new equipment and build commune health clinics.
The Lawrence S. Ting Memorial Fund, which was established in November 25, 2005, is a social, non-profitable fund, which operates on the principle of self-sufficiency.
It accepts sponsorship and voluntary contributions of local and foreign individuals and organizations that want to support education in Vietnam and help improve conditions in poor areas of the city.
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