Established in 1979 - The Croucher Foundation is a private trust set up by the late Noel Croucher, one of the founders of the Hong Kong Stock Exchange and a British businessman in Hong Kong for over 70 years. It is a private, independent foundation based in Hong Kong without affiliation to any organization. It derives income entirely from its own global investments and does not accept donations or support from any government. In 2006, the Croucher Foundation Limited has been formed as a separate entity to take over all the grant-making responsibilities of the Foundation. Unless otherwise stated, all the grants introduced on this website are offered by the Croucher Foundation Limited.