Project HOPE Net Worth is204 Revenue in $mil
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Project Hope (a,?ae??a??c??) is a Chinese public service project organized by the China Youth Development Foundation (CYDF) and the Communist Youth League (CYL) Central Committee. Started on October 30, 1989, it aims to bring schools into poverty-stricken rural areas of China, to help children whose families are too poor to afford it to complete elementary school education. Through Project Hope, the CYDF has also sought to improve educational facilities and improve teaching quality in poorer regions.
By the end of 2004, Project Hope has
Some 80 percent of the Hope Project primary schools and students aided by the project are located in China's middle and western regions, which are less developed. (Liu, 2004)
According to a report by National Research Center for Science and Technology for Development (Xu, 1999), 93.9 percent of residents in 29 provincial capital cities aged above 16 have heard of Project Hope, and 63.5 percent have contributed to it in various ways. The report drew the conclusion that Project Hope has become the largest and most influential non-governmental welfare project in China.
In January 1994, the Hong Kong tabloid[citation needed] Next Weekly[clarification needed] reported that Project Hope could not account for HK$70 million in donations, implying the donations from the people of Hong Kong to help the Chinese children have been misdirected to the pockets of certain people. The affected party filed a libel lawsuit that did not get resolved for six years. The net outcome was that Next Weekly had to pay HK$3.5 million in damages as well as court fees. [not in citation given]
In 2002, Project Hope was reportedly involved with embezzlement of donations. National Audit Office confirmed that in 2002 it audited financial situations of Project Hope but the report was never publicised. Then head of the project Xu Yongguang later went on as vice director of China Charity Federation.

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Project HOPE Latest News

Hope Village project leaders eye potential property with new site plans

Chippewa Valley (WQOW) - It's been a tiny project in the making since the beginning of January 2016, and on Monday, project leaders are one step closer to their big goal of helping those in need. Project leaders with Hope Village said they are in ...
Posted: November 28, 2016, 2:59 am

Hope and Preparation

The Sisterhood has established a service for women who are suffering due to human trafficking and they call it the HOPE Project. HOPE stands for Housing, Occupation, Potential and Empowerment. To learn more about HOPE Project NY, go to www.hopeprojectny ...
Posted: November 28, 2016, 3:04 pm

Project HOPE Airlifts Medicines and Supplies to Haiti

MILLWOOD, Md., Nov. 4, 2016 (GLOBE NEWSWIRE) -- Project HOPE announced an airlift of medicines and supplies to Haiti today as health needs persist one month after Hurricane Matthew blasted through the Caribbean nation. Project HOPE, a global health ...
Posted: November 4, 2016, 11:31 am
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