2005/05/23
 

VHSoft developed EdExchange non-profit online fund raising platform

EdExchange (www.edexchange.org) provides a non-profit online platform that was established by The Hong Kong Institute of Education and a number of civic minded corporations and individuals that aims to bridge the needs of teachers and students from kindergarten, primary through secondary with donor's generosity.

There are no restrictions on the types of projects or the amount of funding requested. Proposals will be reviewed by the Proposal Review Committee, comprised of students from The Hong Kong Institute of Education under the supervision of the Institute's faculty or alumni. Those proposals that are approved for listing by the Proposal Review Committee will be listed on the Website.

To the donors, the online system of EdExchange enables them to find desirable projects by activity type, school level and the amount of donation they wish to make. They can also review the details of the proposals, including their budgets, to decide which ones they want to support. The entire donation will be used for the projects they choose. Donors will also receive feedback on the projects from the reports that the teachers are required to submit after they receive the funding.

The Permanent Secretary for Education and Manpower, Mrs Fanny Law, one of the honorable guests said," there are many individuals and corporations in Hong Kong who are eager and willing to give back to society but do not have relevant information to help the groups in need. EdExchange provides the opportunity for more people to take part in developing education and promote the standard of education in Hong Kong."

EdExchange is the first educational fund raising platform developed by VHSoft Technologies. Since April 2005, EdExchange has listed over 40 projects submitted from around 30 schools.


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