The Chief Executive of the Hong Kong Special Administrative Region, in the 2005 Policy Address, announced the setting up of Partnership Fund for the Disadvantaged (the PFD) to promote tripartite partnership among the welfare sector, the business community and the Government to help the disadvantaged.
Since 2005, the Government has injected a total of $1.2 billion. Apart from a commitment of $800 million for the “Regular Portion (RP)” of the PFD to help the disadvantaged, a total of $400 million has been earmarked as “Dedicated Portion (DP)” under the PFD.
Since its launching in 2015, the DP has encouraged the business sector to work with non-governmental welfare organizations (welfare NGOs) and schools to implement more after-school learning and support programmes for primary and secondary students from grassroots families to facilitate their whole-person development.
Under the PFD, the Government provides matching grants having regard to the donations made by business organizations to support applicant organizations in running social welfare projects.
