EV Foundation
EV Foundation is devoted to promoting the sustainable development of charity, building a benevolent and caring society with positive energy, and establishing an exchange platform for charity development for successful Chinese families.
Provide charitable support to ongoing causes, such as education, the disabled orphans, health care, environmental protection, etc.
Advocate care and compassion through funding projects beneficial to promoting healthy social trends and long-term benefit. With building social “positive energy”as our mission, the foundation aims to encourage the construction of a good social environment.
Build an international platform of charity exchange and lead ultra high net worth Chinese families and new philanthropists to participate in the public welfare cause.
As the founder of China Care Home, Matthew A. Dalio sowed the seeds for EV Foundation as early as 2001. Matthew was named one of the 20 most outstanding American teenagers by famous magazine Teen People— at the age of only 11. He loved China at once when he first came here with hopes to help Chinese disabled orphans live a good life. On March 19, 2002, China Care Home donated its first US$50,000 to Tianjin Children’s Welfare Institute and China Charity Federation. Since then, more than 1,300 disabled orphans have been helped by China Care Home.
What Matthew did moved Adam Yang and his wife, who had also been actively contributing to charity. In 2012, the Yang couple founded a first-level public welfare charity special fund called Care Foundation, dedicated to helping Chinese orphans and disabled children. Mr. Yang has always advocated for the adoption of “positive energy” by individuals and enterprises and “making the world better by delivering positive energy”. After two years’ efforts, Care Fund created an independently designed public welfare project called “Lighting Hope with Care”, which played an important role in establishing a standardized development model for Chinese non-governmental disabled orphan aid organizations.
In April 2014, the Yangs donated more than ¥2.13 million to China Care Home, helping it support more Chinese disabled orphans.
From October 2012 till now, Mr. Yang and his wife have successfully held two charity galas called “Angels’ Night” and raised more than ¥6 million, which was donated to five disabled orphan institutions and charity organizations. The Yangs have together donated millions of yuan so far.In addition, they have organized six on-site investigations into the needs of grassroots disabled orphan relief organizations and enlisted 87 volunteers to provide a total of 1,072 hours’ service.
Based on what they've achieved in “Care Foundation”, Mr. Yang and his wife decided to set up their own family foundation in order to help those in need and support positive social energy through the power of public welfare. EV Foundation regards the inheritance of family charity as its mission and will play its part in the field of philanthropy to repay society.
At 7 p.m. on July 17,2014 (US Eastern time), a grand ceremony establishing EV Foundation was held at the Belle Haven club in Greenwich, Connecticut, USA. The same evening, a theme dinner called “Creating Tradition by Giving Back” followed right after a Sino-American Top Families Closed Roundtable Forum hosted by HMCFO.
That evening, celebrities from China and the U.S. gathered in the moonlight beside a blue and calm sea and witnessed the formal establishment of EV Foundation by HMCFamily Office founder Adam Yang and his wife. It may be the “youngest” family foundation in China, but it's also the first transnational charity platform for interaction and exchange between Chinese and overseas wealthy families. Meanwhile, it has lofty aspirations: to promote the sustainable development of public welfare and assist super-wealthy Chinese families to create their own charity legacy.
The charity dinner started with beautiful rhythmic music played by famous Chinese Guqin musician Leiji Chen after uplifting opening remarks from guest host Rupert Hoogewerf. The quiet and distant atmosphere created by the Chinese Guqin added a unique element embedded in traditional culture that declares “the highest good is like that of water”.
Zhenyao Wang, President of the China Philanthropy Research Institute, delivered a lively speech. As someone very familiar with Yangs, Wang praised the young couple, saying their similar ideals and beliefs are demonstrated in their devotion to charity as well as their enterprise.
“They've continuously worked to help orphans and disabled children. What moves me more is that they went to the remote mountainous areas in Central China on fact-finding missions for the sole purpose of building a standardized project that can bring a better life for disabled orphans. Every time I have heard Yangs talking about their care for children, they spoke with enthusiasm,” Wang said.
This youthful family foundation was named by choosing one Chinese character respectively from each of the couple’s names. Wang said: “Interestingly, the theme of the establishment ceremony and the charity dinner is also homophonic, ‘Creating Tradition by Giving Back’. They build a good bridge for exchange between China and the U.S., I hope the charity cause can cross national borders and gain greater development.”
In conclusion, Wang said, “Mr. Rivers told me that charity has changed his children and integrated his business with China. We've never expected philanthropy to be so attractive in making entrepreneurs consciously take up their social responsibilities as well as help increase their enterprises’ influence.”
As a partner of EV Foundation, Karen Jean, the founder of “New Day Foster Home”, a non-governmental charity organization, also expressed her excitement and gratitude about the establishment of EV Foundation.
After the speech and in the soft evening breeze, all the Chinese and American guests hung red ribbons on an evergreen tree. The colorful ribbons were symbols of good wishes and also witnessed the propitious birth of EV Foundation.
Mr.Yang and his wife have declared EV Foundation will be committed to its mission of promoting the sustainable development of charity, building a benevolent and caring society with positive energy and establishing an exchange platform for prominent Chinese families in the future. The foundation will support ongoing public welfare causes including education, disabled orphans, health care and environmental protection, etc. Through aid projects that promote healthy social trends and long-term benefit, the foundation will advocate the concepts of care and compassion, promote the construction of “Positive Energy” and encourage the building of a good social environment. At the same time, it will build an international charity platform to encourage wealthy Chinese families and new philanthropists to participate in the public welfare cause.
The foundation aims to be the most professional family charity organization that captures the innovation and vitality of youth. EV Foundation, the first such venture under a Family Office in China, is continuously popularizing its guiding principle of “Creating Tradition by Giving Back”.
