Saturday, January 21, 2017

What has Fuad Foundation done for Sabahans so far?

What has Fuad Foundation done for Sabahans so far?
Published on: Saturday, January 21, 2017
By JYCK
IT is interesting that Daily Express 14 January, 2017 carried an archive item titled “Fuad Foundation Set Up As late leader played Biggest Malaysia Role (as published in Kinabalu Sabah Times – Monday 23 August, 1976).
The Tun Fuad Foundation Enactment 1976 (Sabah No. 8 of 1976) was gazetted on 2nd September 1976.
The objects for which the Foundation is established shall be:
(a) To perpetuate the good name of the late Yang Amat Berhormat Tun Mohamed Fuad Stephens;
(b) To achieve the aspirations and to perpetuate the good work of the late Yang Amat Berhormat Tun Mohamed Fuad Stephens;
(c) To inculcate and promote mutual understanding among racial groups and mankind;
(d) To promote peace and understanding among nations;
(e) To improve the standard of education in all fields and to uplift the standard of living of the people;
(f) To provide or award studentships, scholarships, study grants, study loans or other awards to any Malaysian citizen who is a permanent resident in Sabah;
(g) To undertake such or any activities commercial or otherwise so as to enhance the Fund.
It was also reported that the Foundation was endowed with a cocoa estate of 2,500 acres, which was expected to yield an annual income of RM2m to RM3m when the crops mature.
The first protem Chairman appointed by the TYT then was Haji Mohamed Noor Mansoor.
What happened to its assets and how many young Sabahans it has really helped throughout its existence?
JYCK

1 comment:

  1. What has Fuad Foundation done?
    Published on: Saturday, February 18, 2017
    By Toh Puan Rahimah Stephens
    I READ with particular interest the letter in Forum recently titled “What Has Fuad Foundation Done For Sabahans So Far?” (Jan 22 2017)
    Thank you for reminding us about the objectives of the Foundation.

    As the widow of the late Tun Fuad, I sometimes receive phone calls regarding the work of the Tun Fuad Foundation and how people can apply for assistance.

    Many people think that my family is somehow involved in the Foundation.

    However, I must state that we have nothing to do with the running of the Foundation.

    We, too, would be most interested to see how far the Tun Fuad Foundation has gone towards meeting its stated objectives since it was established 40 years ago in 1976.

    I am glad that the Daily Express published that letter. I look forward to reading more about the work of the Foundation.

    Toh Puan Rahimah Stephens

    ReplyDelete