Those who have suffered before always find ways to prevent others from undergoing the same fate. But more often than not, we think only about our offspring. Luckily, this was not so for Mr. Wong, a Singaporean self-made millionaire, who recently donated S$1 million to the Singapore Management University (SMU) to establish the Wong Kwok Leong Endowed Scholarship.

Starting from next year (i.e. 2007/08), at least 3 one-year scholarships valued at $10,000 each will be awarded annually under this programme to capable SMU students who face financial difficulties. This means that besides the usual academic and co-curricular requirements, the per capita monthly household income of the applicant must not exceed S$900.

While the scholarships are bond-free, scholars are expected to plan and execute a fund-raising proposal for charity, in close consultation with Mr. Wong.

Further details have not been made available by SMU at the time of writing of this post.

[News via SMU]