May 12, 2009 – Chengdu, CHINA – On the first-year anniversary of the Wenchuan earthquake, Chilton Investment Company LLC is helping students at Sichuan University to overcome the hardships created by the disaster and to achieve their academic goals. In partnership with Give2Asia and with the goal of making an investment in China’s youth, Chilton Investment Company made possible a series of scholarships for freshman Economics and Finance majors who possess a solid record of academic success and who have been adversely affected by the earthquake.
The Awards Ceremony will be held on the Jiang An Campus of Sichuan University in Chengdu. Twenty-eight students will each receive a Chilton Scholarship Award in the amount of RMB 3,000 (US$450) per year, which is renewable for up to four years. All recipients of these awards come from impoverished families who live in one of the 51 officially designated earthquake-affected counties in Sichuan, Gansu and Shaanxi. In addition to academic performance, students were also selected based on their inability to afford normal tuition fees and living expenses.
The awards ceremony will begin with an introduction and speech by Mr. Chiang. This will be followed by the awards and speeches by student recipients. Sichuan University will also announce the launch of the Love & Care Philanthropy Society, which will encourage scholarship recipients to promote and participate in public service, and conduct outreach and support to other students in need. Following the ceremony, students will participate in an informal reception with Mr. Chiang and Mr. David Ma, Senior Vice President - Research on corporate level, and General Manager of Chilton Investment Company in Beijing.
ABOUT CHILTON INVESTMENT COMPANY
Chilton Investment Company was founded in 1992 by Richard L. Chilton, Jr. as a way to affirm his belief in disciplined, fundamental equity research and hedging techniques. Since its inception, Chilton Investment Company has attracted and developed a team of some of the industry’s most sophisticated investment professionals.
Today, Chilton is headquartered in Stamford, Connecticut, with offices in New York, London, Hong Kong, Beijing and Chengdu. The firm is registered with the securities authorities in the U.S., U.K., and Hong Kong.
ABOUT GIVE2ASIA
Give2Asia’s mission is to facilitate and encourage charitable giving by providing personalized philanthropic services. Founded by The Asia Foundation with more than 50 years of grantmaking experience in the Asia-Pacific region, Give2Asia helps overcome the common challenges associated with giving overseas and has made possible more than US$100 million in giving since launching in 2001, including US$34 million in giving to China.
In 2008, Give2Asia and its donors responded to relief and recovery needs following the Sichuan Earthquake in China, resulting in US$13.3 million in disaster aid. Give2Asia is the second largest U.S. donor for the earthquake, with donors focused primarily on long-term recovery in the affected areas.
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