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Fundação Oriente
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Legal residence:Portugal
Organization type:Grant-making Foundation / Charity
Funding agencies: Other
Sectors: Culture, Education, Science & Innovation
Status:
Active
About
The creation of Fundação Oriente resulted from an agreement in 1986 between the Government of Macau and Sociedade de Turismo e Diversões de Macau (STDM). It was established in Lisbon in 1988, when trustees were appointed by the President of the Republic of Portugal. The foundation then became a private institution with total administrative and financial autonomy, having received an initial donation of $40,000,000 from the STDM. As of 1996, the foundation is no longer linked to the contract between the Government of Macau and STDM.
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