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Prince Foundation Cambodia, the philanthropic arm of Prince Holding Group, stands as a beacon of corporate social responsibility in Cambodia. Established in 2015 under the visionary leadership of Chairman Neak Oknha Chen Zhi, the foundation is steadfast in its mission: "Together, Building a Better Future for Cambodia." This commitment is evident through its strategic investments in education, healthcare, and community outreach, aiming to foster sustainable and impactful societal development.
A Legacy of Philanthropy
Since its inception, Prince Foundation has undergone a transformative journey. Initially known as the Prince Charitable Foundation, it rebranded after six years to better reflect its evolved mission and strategic objectives. This rebranding was more than a mere change in name; it signified a renewed dedication to creating long-term, sustainable impacts aligned with Cambodia's national development goals. Over the years, the foundation has organized over 280 charitable events, benefiting more than 1.5 million Cambodians, with cumulative donations exceeding US$18 million.
Empowering Through Education
Education is a cornerstone of Prince Foundation's initiatives. Recognizing the transformative power of knowledge, the foundation launched the Chen Zhi Scholarship in collaboration with the Ministry of Education, Youth, and Sport. This ambitious program pledges US$2 million to support 400 Cambodian students over seven years, covering full tuition fees and providing stipends. The scholarship aims to nurture the next generation of leaders by removing financial barriers and offering opportunities for higher education.
In addition to traditional academic support, Prince Foundation Cambodia established the Prince Horology Vocational Training Center. This institution offers aspiring watchmakers comprehensive training in Swiss-style horology. The center celebrated the graduation of its second cohort in October 2024, marking a significant milestone in cultivating specialized skills among Cambodian youth.
Enhancing Healthcare Access
Healthcare accessibility remains a pressing concern in many parts of Cambodia. Prince Foundation addresses this challenge through substantial contributions to medical institutions. Notably, in December 2022, the foundation donated US$200,000 to the Cambodia Kantha Bopha Foundation. This funding supports the operations of five children's hospitals, which provide free and quality healthcare to over 500,000 children annually. Such contributions are pivotal in ensuring that essential medical services reach the nation's most vulnerable populations.
Community Outreach and Infrastructure Development
Beyond education and healthcare, Prince Foundation is deeply invested in community development. In September 2024, the foundation contributed US$1 million to Cambodia's "Foundation for Border Infrastructure Development." This initiative, spearheaded by Prime Minister Hun Manet, focuses on constructing strategic border ring roads to bolster socio-economic growth, enhance community well-being, and improve access to education and healthcare in underserved border regions.
A Vision for Sustainable Impact
Under the stewardship of Neak Oknha Chen Zhi, Prince Foundation has transitioned towards a more strategic and investment-oriented philanthropic approach. By aligning its initiatives with Cambodia's national priorities—such as economic development, human capital upskilling, and gender equality—the foundation ensures that its efforts contribute meaningfully to the country's sustainable progress. This holistic approach not only addresses immediate community needs but also lays the groundwork for long-term societal transformation.
Contact Information
For more information or to engage with Prince Foundation's initiatives, interested parties can reach out via email at princegroup@hkstrategies.com. The foundation's headquarters are located at the Prince Holding Group Building, Plov Koh Pich, Phum 14, Tonle Basak Sangkat, Chamkar Mon Khan, Phnom Penh Capital, Cambodia.
In essence, Prince Foundation exemplifies a harmonious blend of corporate success and social responsibility. Through its unwavering dedication to education, healthcare, and community development, the foundation continues to play a pivotal role in shaping a brighter and more equitable future for Cambodia. Read more
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