The Club traces its long tradition of donating to charitable causes to 1915, but it was in the 1950s, as Hong Kong struggled to cope with post-war reconstruction and a massive influx of immigrants, that this role became integral to its operations. In 1955, the Club formally decided to devote its surplus each year to charity and community projects, and in 1959 a separate company, Hong Kong Jockey Club (Charities) Ltd, was formed to administer donations. In 1993, a new entity was established, The Hong Kong Jockey Club Charities Trust, to reflect the evolving nature, scale and scope of donations. The Charities Trust is one of the world’s top ten charity donors.
The Trust’s substantial donations to the community are made possible by the Club’s unique integrated business model, which comprises racing and racecourse entertainment, a membership club, responsible sports wagering and lottery, and charities and community contribution. Approximately 90% of the Club’s annual operating surplus after tax is donated to the Trust, enabling it to play a significant role in the community’s development.
Working with the Government, non-governmental organisations (NGOs), charitable foundations and community partners, the Trust is committed to improving the quality of life of the people of Hong Kong. As a philanthropic organisation, the Trust proactively identifies and initiates projects that meet pressing community and social needs.
Over many years, the Club has established its position as a major social partner in fostering a caring and inclusive community in Hong Kong. It accomplishes this through donations made to its community partners via The Hong Kong Jockey Club Charities Trust; various Trust-initiated projects; and by organising its own events that allow people to experience a healthy and vibrant lifestyle.
In alignment with Hong Kong's evolving needs, the Trust's strategic foci in the 2022-5 triennium comprises five priority areas – Positive Ageing and Elderly Care; Youth Development and Poverty Alleviation; Healthy Community; Talent and Sector Development; and Sports and Culture. In recognition of the importance of sustainable development, the Trust is incubating Sustainability as a sixth funding priority.
Over the past decade, The Hong Kong Jockey Club Charities Trust has donated an average of HK$5 billion a year to the community. In 2022/23, its total approved donations were HK$7.3 billion, benefiting 247 charity and community projects.