Established on June 7, 2008, the “Torch of Love Fund” is a subsidiary charitable fund under China Siyuan Poverty Alleviation Foundation, a national public foundation founded by Mr. Cheng Siwei, former Vice Chairman of the National People's Congress Standing Committee and led by Mr. Chen Changzhi, Vice Chairman of the National People's Congress Standing Committee. Luo Xuejuan, the gold medalist of 2004 Olympics and the Breaststroke Queen, donated China’s first torch at 2008 Olympics to the Foundation, and together with Cheng Zhuo, Li Jing and Tian Liang initiated the Torch of Love Fund and became its lifelong Ambassador. China Siyuan Poverty Alleviation Foundation is one of the 12 charitable organizations that are licensed to raise public fund to help the disaster-striking areas, and the only one Foundation among the 12 to be granted the award as the “National Heroic Organization” by the State Council in October 2008.
The main purpose of the Fund is to raise donations to help the women in disastrous and poverty stricken areas to be self-sufficient, and to pass the Torch of Love over and over. The Fund’s first project is the “Rose of Love Valley” project. The Fund will try to help the women in Sichuan to grow twenty thousand mu of Damascus roses in the next 5 years which will provide them an industry for survival and development for generations, and build up the earthquake stricken area as the world’s largest center for Damascus rose planting and essential oil extraction, and a new spot for tourists with the help of artists and kind-hearted enterprises. This project will provide jobs for hundreds of thousands of poor people.
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