The Li Ka Shing Foundation () is a Hong Kong-based charitable organization founded in 1980 by Hong Kong entrepreneur Li Ka-shing.
The Third Son
Li Ka-shing considers the Li Ka Shing Foundation to be his "third son" and has pledged to donate one-third of his assets to support philanthropic projects. He has called for other Asian entrepreneurs to do the same, in the hope of altering the traditional notion of passing wealth through lineage.
Three main focuses
Encourage giving to nurture a new culture of philanthropy in Asia
Support educational reform to create a paradigm shift that develops positive and sustainable change Support medical research and services to create a healthier world
Major contributions
To date, Li Ka-shing has invested over HK$30 billion in projects covering education, medical services, charity and anti-poverty programmes, with about 80% of the projects in Mainland China and Hong Kong.
Hong Kong
In 2005, announced a donation of HK$1 billion to Faculty of Medicine of the University of Hong Kong. "Love HK Your Way!" campaign launched in 2010, granted over HK$300 million as of September 2013. Thousands of social institutions were involved serving more than 3.3 million people. Major projects include: Love Ideas, Love HK (total 3 rounds) “Heart of Gold” – Hong Kong Hospice Service Program (10 service centers established) Love More TrueBeam System donated to the Faculty of Medicine of the Chinese University of Hong Kong & Prince of Wales Hospital March of Social Engineers In 2013, establishing Tsz Shan Monastery to promote Buddhism. Opening of the Tsz Shan Monastery Buddhist Art Museum at the Tsz Shan Monastery, which has received over HK$3 billion in funding since 2003 for its development and operations—March 2019. (Long-term project) In October 2019, the Li Ka Shing Foundation created HK$1 billion Crunch Time Instant Relief Fund to help more than 28,000 small and medium sized enterprises in the food and beverage, retail, and travel sectors, as well as licensed hawkers to weather through hardship. In 2019 and 2020, the Li Ka Shing Foundation granted over HK$200 million in support of medical and welfare services for Hong Kong. The “Love Can Help” Medical Assistance Programme offered financial assistance to patients falling outside the social security safety net and ineligible for government subsidies. “Love Can Help II” expanded support to the social welfare community; non-governmental organizations providing various services to the visually impaired, mentally handicapped and physically disabled, autistic children, elderly and underprivileged families. In September 2020, Li Ka Shing Foundation has given HK$170 million to four local universities, including the medical faculties of the University of Hong Kong and the Chinese University of Hong Kong, the Hong Kong University of Science and Technology, and the Education University of Hong Kong in support of medical, biological and artificial intelligence research. In 2020, the Li Ka Shing Foundation has supported the global fight against COVID-19 by sourcing protection gear from around the world and funding medical research and services. To date, HK$180 million has been used for relief efforts, including making a donation of HK$100 million to support the frontline medics in Wuhan. In November 2020, donation of HK$5 million for the publication of Hong Kong Chronicles. In November 2020, HK$3 million emergency relief fund donated to relatives of the victims of Yau Ma Tei fire and HK$1.5 million to celebrate the centenary of Hong Kong Chiu Chow Chamber of Commerce. On 24 January 2021, the Li Ka Shing Foundation donated HK$20 million to support Precious Hospital (Caritas)’s Total Knee Replacement programme. In February 2021, LKSF presented PARKnSHOP coupons worth of HK$200 to all 97,000 Hospital Authority staff to thank them for unwavering commitment and dedication protecting Hong Kong people; a donation of HK$4.1 million was made to support for radiological examination at HKU Li Ka Shing Faculty of Medicine for patients with gastroenterology and liver diseases in Queen Mary Hospital.