Ms Maggie Fung graduated from Hong Kong Polytechnic in 1993 with a bachelor's degree in accountancy. After more than 15 years in auditing and the media, she decided to spend more time with her two little daughters. During the career break, a friend of her, the founder and CEO of Social Ventures Hong Kong (SVhk), inspired her on combining the effort of non-profit and for-profit organizations to address social issues.
SVhk is a venture philanthropic organization founded in 2007 with the aim of providing financial and non-financial support to social purpose organizations and social enterprises in Hong Kong. Ms Fung joined the organization in 2010 and is now Finance and Operations Director. She has been involved in the incubation of around 20 social start-ups, especially in deciding company structure, building business models and setting up corporate governance schemes. Some of them are becoming familiar to the general public. Diamond Cab, for instance, provides barrier-free transport. Light Be offers affordable housing to single-parent families. RunOurCity empowers youth with marathon spirit. Playtao Education runs a holistic after-school programme for grass-roots children.
Going beyond financial accounts to take on social commitments, Ms Fung suffers a slight loss of spendable income but enjoys a much closer relationship with Hong Kong, the place where she was born. When wheelchair users have fun at karaoke, and mother and son have a safe place to live, Ms Fung sees no reason why she should not continue to persevere.
"The satisfaction that I get from my job is invaluable!" Ms Fung says.