Shaw's donations of school buildings and hospitals were not just donations of money, but many of the buildings were required to have "matching government investment" as a condition. This can be said to be his own power to "force" the financial additional investment in education and medical care. This leverage effect has had a profound impact on China's education and other endeavors, and has benefited generations of people.
Shaw also contributed 10 million dollars in 1985 to protect the murals in the Mogao Grottoes in Dunhuang.
In 1990, the Chinese Academy of Sciences named their discovery of Planet 2899 "Run Run Shaw's Star".
Legend has it that in his early years, Shaw had a reputation for being a "miser". There is a joke that still circulates today: in 1970, he donated HK$500 to a nursing home, which then returned the money to him.
Many scholars are even considering using the Shaw Building and Shaw School as statistical "intervening variables" in their studies of China's education investment, financial allocations, and the supply of public **** goods, which is a testament to Mr. Shaw's influence.
How to prevent corruption and the misappropriation and theft of funds: the cost of **** amortization, the partners, whether the government or the university, have to pay out a part of the money out of the real money, Shaw's fund out of 1 dollar, the partners have to pay out of 3 dollars (the specific proportion of the up and down there are fluctuations, roughly, see Li Huafang, "Existing buildings and then say -- talk about the Shaw's donation strategy":
According to the "Shaw Foundation's Project Management Measures for Grants for Mainland Education Projects", the schools applying need to meet certain qualifications. In the case of basic education, the construction projects should be built in schools that have been retained for a long period of time after the restructuring of the layout of primary and secondary schools; and the projects should have a service life of at least 50 years. Funding is provided for the construction of teaching and experimental buildings for complete secondary schools and senior secondary schools up to and including the county level, rural junior secondary schools and schools under the nine-year system, and special education schools at the prefectural (municipal) level. The provincial education administrative departments where the projects are located can provide matching funds in a ratio of not less than 1:1. At the same time, the size of the school, the number of students, as well as the construction of the building area have detailed regulations.
In the field of higher education, the subsidy for universities at the undergraduate level or above to construct buildings closely related to education and teaching, such as libraries, teaching buildings, laboratory buildings, etc., the intensity of each project grant is within 5 million Hong Kong dollars, the size of the project to be constructed between 10,000 square meters and 20,000 square meters; the project unit to ensure that it can provide no less than a ratio of 1:3 matching funds). .