SCF raises $25m from charity event
The Shanghai Charity Foundation raised 170 million yuan ($25 million) from the public during a charity event “Greatest Love under the Sky” from Dec 8 to Jan 7. Eight major partners, including the SCF, were involved in the event. Some 98 million yuan and various products were given away to around 186,000 needy people. Eighty private business owners donated over 5 million yuan to the SCF’s fouryear-old fund to finance 50 poverty and disaster relief programs. So far, 23 million yuan have been given to the fund, according to the SCF.