La Salle Foundation

What is La Salle Foundation (LSF)?

LSF is a company limited by guarantee without shares. It was incorporated in February 1992 and has been conferred with charitable status by the Hong Kong Inland Revenue Department.

Who established LSF? What is the mission of LSF?

LSF was founded by several past presidents of the La Salle College Old Boys Association upon the suggestion of the De La Salle Brothers in Hong Kong.

The principal mission of LSF is to support the work of the Roman Catholic Church in Hong Kong and to promote and advance education. It has a particular role to sustain La Salle College and La Salle Primary School as one of the best educational institutions in Hong Kong, through supporting the needs of the schools for enhancement and maintenance of facilities, or for development of talents in sports and culture, that go beyond what is subvented by the government.

What has LSF achieved in the past 30 years?

LSF serves as the designated fund-raising and donation collection entity for La Salle College and La Salle Primary School.

Over the years, LSF has raised over HK$100 million under various fund-raising drives to support the endeavours of La Salle College and La Salle Primary School, including:-

redevelopment of the La Salle Primary School in 1998 to 2005; the redevelopment cost HK$200 million, $160 by the government and $40 million from fund raising to cover non-standard items
additional I.T. development such as the installation of the Wi-Fi system for La Salle College in 2012.
addition of an extra wing under the School Improvement Programme in La Salle College in 2003 to 2005
refurbishment of the Brothers’ Quarters in 2006
various education initiatives including additional language teachers and supporting sports and cultural development, since 2007
additional support for the split class system for the teaching and learning of Chinese with a dedicated 6-year donation from two old boys
re-surfacing of the track and field in La Salle College in 1997 and again in 2009
phased replacement of central air-conditioning system in La Salle College since 2010
the refurbishment of the school entrance and offices of La Salle College in 2011
the refurbishment of the Lecture Theatre in La Salle College in 2014 to 2015

All these initiatives were essential to maintain the two schools’ standing as leading schools in Hong Kong.

Most of these projects have been implemented with the dedicated volunteer support and expertise of old boy professionals in the relevant fields.

Who are the members of LSF?

Members of LSF consist of La Salle Brothers and old boys of La Salle College and La Salle Primary School. They are all volunteers with proven record of service for the two schools and have expertise or experience needed for the smooth operation of the Foundation. They are admitted as members of LSF upon invitation and approval by the board of directors of LSF.

At present, the Foundation has no more than 50 members. The Foundation only needs a small core team for normal operation but may need additional support during fund raising drives. Such additional support is recruited from among old boys to sit on sub-committees established for the purpose.

Who manages the affairs of LSF?

The management of LSF is vested in a board of directors of not more than fourteen persons, composed of five ex-officio directors and nine elected directors.

The Ex-officio directors are:

The Principal of La Salle College
The Principal of La Salle Primary School
The Director in Hong Kong of St. Joseph’s College
The President of the La Salle College Old Boys’ Association
The Immediate Past President of the La Salle College Old Boys’ Association

Elected directors are elected from members of LSF.

If an old boy is interested in helping LSF, what role is open to him?

An old boy can participate in the affairs of LSF through serving in committees set up by LSF for various fund-raising programmes. Please approach the Honorary Secretary for information.

How are funds in LSF generated?

Funds in LSF are primarily generated from donations. Income is also earned from interest and returns on investment of the reserves of LSF.

Who can use the funds of LSF? Who approves the use of the funds?

Requests for funding of school projects and expenses would be submitted by La Salle College and La Salle Primary School to LSF. The board of LSF meets regularly to consider and approve the funding requests. LSF has never failed to support the two schools’ needs

Are there any sub-funds for designated usage?

Apart from the La Salle Primary Diamond Jubilee Fund which was set up for the 60^th Anniversary of La Salle Primary School and a sum of HK$4 million from the balance of the La Salle Primary School redevelopment, both to meet future needs of La Salle Primary School, there is currently no other sub-fund for use in any designated areas. This allows LSF to retain flexibility in applying resources to different areas of needs, including support for the three dedicated donation funds established by La Salle College for the development of sports, culture and IT.

Can funds in LSF be used by other Lasallian schools besides La Salle College and La Salle Primary School?

While the mission of the Foundation can provide support for other Lasallian schools in Hong Kong, given the limited resources, the Foundation’s priorities in the past 30 years have been focussed on the needs of La Salle College and La Salle Primary School. There is no plan to change these priorities.