 As at 2020, charities aided by the Foundation include Project WeCan, which works with participating schools in Hong Kong to provide disadvantaged students with opportunities and care to empower them for pursuing higher studies and future careers; and Future Hope, which provides a home, education and medical care for some of the most vulnerable children from the slums of Kolkata, India.The Caravel Foundation also awards scholarships to help deserving students attending three of the most respected higher education institutions in the United States – Dartmouth College, Duke University and Princeton University.In Hong Kong, it has a close partnership with the City University of Hong Kong (CityU).