Message from Shum Wai Ming, Paul:
////////////////////////////////////
----- Original Message -----
From: spshum
To: Edward Sin
Sent: Saturday, December 22, 2007 9:36 AM
Subject: Re: spb66: On-going tasks
Hello Edward and All the Goodfellows of SPC Class 66,
Greetings from the Far North and wishing you and your families a happy, healthy and halcyon New Year !
Please accept my apologies for the tardiness in replying to your calls for ideas and suggestions to take our class scholarship fund from germination to fruition. I have been giving it a few midddle-of-the-night thoughts (as mature insomniacs do) and here it is what my dreams are:
1. The Prologue.
The SPC Class of 66 Scholarship Fund is unique. It will be the only one in the history of the Universe, established by US. There will be no other ever exactly like it anywhere, anytime. And WE, a real minority of a few, who by the fickle finger of fate had come together in the relatively, almost unmeasurably, short expanse of 5-9 years in the midst of eons of human existence, in this tiny dust of an island called Hongkong, and get to know each other, to become lifelong best of friends, to share and survive the experience of getting an education in a highly demanding environment, and succeeding so to advance into higher education and gratifying careers, as well as simultaneously enjoying possibly the most blissful years of our lives ( as most of us found it utterly incredulous when Hung Loh Tsah told us so but now belatedly acknowledge), have indeed been blessed.
We are what we are today owes majorly to the riches given to us while we were at SPC. Now it is our turn to give back, to say thanks and to lend a hand to some future fellow SPC boys so they too can hope to do bigger and better things, to have a better prospect for themselves and for society at large. Of course, there are a million other worthwhile charitable causes we can get involved in, but this one is personal. It is about appreciating our own treasured past good fortune, and realizing our prevalent goodwill into true benefits for the less fortunate and needy from where we came, to boot. For what it is worth, I imagine that it could also be arranged such that the Fund will be a legacy for those contributors who would like to be acknowledged for future references. In the end, it is going to be an act of the heart. It is about feeling good about ourselves, about being thankful for our good fortune and an honourable desire to share it with future generations.
2. The Substance.
It is about MONEY !
Fred Kan (Do they still sell Siu Cheung Kan in HK?) has mentioned that to exist as a sustainable, stand alone, meaningful scholarship fund in HK, it will likely take a million US bucks to be successful. He may very well be right, but the finance guys amongst us may give us some more solid numbers based on propositions of furure awards distributions, projected return on investments, and initial and continuing contributions.
A million US dollars is indeed a significant sum of money. However, SPC Class 66 had about 240 graduates. Assuming that we can establish contact with 80-100 of them and half of those are willing and financially fortunate enough to participate, there can be 40-50 contributors to start with.
Now if we roughly divide a million among these, it seems much more attainable, especially if we would entertain the concept of divided, multiple payments. In fact, I will be proud to surmise that among us that there are a few good men who could actually contribute that sum single-handedly without blinking an eyelash.
But, this is a class act and I say that everyone who can afford to help, should. Big or small does not matter.
What matters is the thought and the caring, the camaraderie of getting a good deed done, having a great time doing it, and sharing the joy of the recipients of your generous gifts for years to come.
One sleepless night when I was ruminating about this particular issue, the number 1/200 ie. 0.5% kept flashing in the darkness of the room. If, each of us who are moved to get this glorious chance-of-a-lifetime project off the ground commit 0.5% of our individual networth to it, I am reasonably confident that that million dollar target is not just eminently feasible but will be surpassed by a mile (million?) !
3. The Nitty Gritty.
Personally I would prefer our scholarship fund to be standing alone instead of being merged into the SPC pool. It is the one and only SPC Class 66's gift to our beloved alma mater and should be distinctively recognised as such. Although understandbly more complex to set up and maintain, I would think that in the beginning, the financial and legal experts among us could get it started. In the long run, will a scholarship trust be a permanent solution?
I would also suggest that :
Scholarships should be awarded on balanced criteria of scholarstic achievement and financial need.
Scholarships be awarded annually to SPC graduates going towards a University or College degree, during an annual awards dinner/meeting of the SPC 66 gang.
That there be a memorial/plague placed in the SPC campus commemorating those of us who have done well by our education at SPC, not so much as to honour us but to serve as an encouragement for future youngsters to do better.
Respectfully submitted,
Paul Shum Wai Ming.
aka Dai Tau Fugt.