About DUACT
In August 1957 the Council of Vietnamese Catholic Bishops founded Dalat University at the center of the cultural district of Dalat, a resort city in the central highlands of Vietnam. The late Father Simon Nguyen Van Lap, President of the University from 1961 to 1970, chose the term "Thu Nhan" as the University's motto to embrace the concept of edifying human beings through educational achievement.
In July 2000 a group of former professors and students of Dalat University held their first reunion in Los Angeles and decided to carry on Father Lap's Thu Nhan ideal. They formed an alumni group named Thu Nhan to implement his philosophy that enhances the betterment of students and future generations through providing financial aid for the needy. With this Thu Nhan group's encouragement and support, the non-profit Dalat University Alumni Charitable Trust (DUACT) was established in May 2001. Recognized as a tax-exempt organization, it fulfills all legal requirements under the Internal Revenue Service Code, Section 501 (c) (3) to assist the disadvantaged in a more effective way and on a larger scale.
DUACT's main goal is to raise funds from the Vietnamese and other communities in the United States and around the world to provide care, help, educational opportunity, and a better future for the most disadvantaged Vietnamese – those who are orphaned, homeless, physically or mentally impaired, discriminated against, or those whose lives are faced with deprivation and abandonment.
DUACT is operating as an ongoing entity, responsible for full and accurate financial reports which account for the source and use of all donated funds. In the event of dissolution, all its liabilities shall be paid and its remaining assets, if any, shall be forwarded either to another non-profit, tax exempt organization under Section 501 (c) (3) or to the federal, state or local government to continue performing charitable acts as outlined in DUACT's mission statement.
Duact organization is governed by an all-volunteer board of directors and core team who receives no compensation for their services. core team who receives no compensation for their services.