It is already helping needy students with its Share-A-Textbook project which just marked its 30th anniversary on 5 November, yet FairPrice Foundation has just done even more. FairPrice’s philanthropic arm has just donated $300,000 to The Straits Times School Pocket Money Fund (SPMF) which supports some 10,000 needy children each year with school-related expenses.
At the STep-Up Closing event on 17 November 2012, Mr Ng Ser Miang, Chairman of FairPrice Foundation presented the cheque donation to Dr Lee Boon Yang, SPH Chairman.
Said Mr Ng: “Through FairPrice Foundation, FairPrice has been able to extend its reach to do more good for the community and support initiatives to help the elderly, poor and needy. The Straits Times School Pocket Money Fund has been helping many children from low-income households with financial support and we are glad to be able to play our part by contributing towards this cause and to the Fund, so that these children can direct their efforts to studying and enjoying their school activities without having to worry about going hungry or be distracted by financial issues.”
FairPrice Foundation is also giving away $3,600 worth of FairPrice vouchers as awards for various beneficiaries, including the top eight meritorious students and top three most committed coaches.
