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The Lee Foundation was established in March 1952 with a funding of $3.5 million from business magnate Lee Kong Chian. Lee had been donating to schools like Kuo Chuan Girls' School, Nan Chiau Girls' High School, Chinese High School, Methodist Girls' School, St Margaret's School, Singapore Chinese Girls' School, Anglo Chinese School (ACS), the University of Malaya and Nanyang University.
Each institution has its own definition of meeting the full demonstrated need. Some schools meet this need through grants and/or merit or talent scholarships alone, while others may include loans and work-study programs. As a result, a student's financial aid package can differ greatly between schools that claim to meet full demonstrated need.
Tan Sri Dato' Lee Kong Chian PMN SPMJ SJMK (Chinese: 李光前; pinyin: Lǐ Guāngqián; Pe̍h-ōe-jī: Lí Kong-chiân; 18 October 1893 – 2 June 1967), also known by his alias Lee Geok Kun (Chinese: 李玉昆; pinyin: Lǐ Yùkūn; Pe̍h-ōe-jī: Lí Gio̍k-kun), was a prominent Chinese Singaporean businessman and philanthropist based in Malaya and Singapore between the 1930s and the 1960s.
Lee Boon Chim (1926–1998) was a Malaysian businessman and a pioneer of standard Malaysia rubber, who helped guide Malaysian rubber into becoming a valuable international commodity. He was also the Chairman of the Kuala Lumpur Commodity Exchange and later a Senator in the Malaysian Senate , participating in various government activities.
Lee Shin Cheng (3 June 1939 – 1 June 2019) [1] was a Malaysian business magnate, investor, and philanthropist. [2] Lee Shin Cheng headed IOI Corporation Berhad, better known as IOI Group , as its executive chairman.
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In addition to his role in OCBC, Lee was also a director of several companies, including Lee Rubber Group Companies and Lee Foundation. [5] He served as a board member of the GIC, Singapore's sovereign wealth fund and the Council of Presidential Advisors, Singapore. Lee was conferred the Distinguished Service Order in 2001.
A Cadaver Society Scholarship was established in 1997. [7] The scholarship is to be awarded every four years to an incoming freshman. [ 7 ] The Cadaver Endowment was committed in 1981 to be designated as a residual fund in Cadaver's name to the school each year.