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Hong Kong Jockey Club Music and Dance Fund

Board of Trustees of The Hong Kong Jockey Club Music and Dance Fund

Appointed by Secretary for Home Affairs Incorporated. The composition of the Board of Trustees from now up to 31 March 2022 is as follows:


Terms of reference

The main function of the Board of Trustees (the Board) is to manage the investment of capital of The Hong Kong Jockey Club Music and Dance Fund (the Fund) and to take responsibility for related financial matters so as to ensure that a steady income will be generated to finance the Fund's activities. The Board also awards scholarships for the promotion and development of music and dance in Hong Kong.

Description of job

The Fund was set up in 1980 with a donation of $10 million from The Hong Kong Jockey Club Charities Trust (the Trust) for the promotion and development of music and dance in Hong Kong. It is a non-statutory trust fund administered by a Board of Trustees. In 1994, a further capital injection of $22 million was provided by the Trust to meet the increasing demand for support. In 2014, the total donation was increased to $49 million upon the Trust’s approval of additional funding support of around $17 million for the Fund to implement a six-year pilot project which includes the launching of a local scholarship scheme and setting up of an alumni association for the scholars of the Fund. In 2021, a grant of around $5.7 million was approved by the Trust to continue funding the local scholarship scheme and to organize the Awardees Association community programmes for a period of three years.

An Investment Committee was formed under the Board to consider investment proposals as well as to monitor and oversee the performance of the fund manager appointed by the Fund. Scholarships are awarded once a year by the Board to enable candidates of outstanding calibre to pursue post-graduate studies in music or dance at degree-awarding tertiary institutions in Hong Kong or pursue professional training in music or dance at world-renowned institutions or to undertake less formal studies, projects or creative work outside Hong Kong.

Details of The Hong Kong Jockey Club Music and Dance Fund