1992, Teochew Poit Ip Huay Kuan has held several Teochew Week on themes like Teochew history, folklores and culture, Teochew food and songs etc. It also held a series of talks on Chinese folklores, Chinese migration history and introduction to opera performance. It conducted cultural activities such as workshop on Chinese dance, martial arts, Chinese painting and calligraphy competition. These classes are often free or subsidised and open to public. It also takes part in the annual Singapore Chinggay parade which involves a parade of dance and mobile floats. It organises an annual Teochew art exhibition and holds performances by the associations' teenage and children's drama groups, young people's drama group and male chorus. In October 2002, it organised a six-month joint exhibition with the Singapore History Museum on Singapore Teochew's history and culture. Welfare and charity provision Welfare was also an important function of the Singapore Chinese associations in the 19th and early 20th century. These welfare needs can be met in the form of charity funds and in the past it was not unusual to provide these assistances beyond the shores of Singapore. In 1936, the Teochew Poit Ip Huay Kuan raised a total of $15,413 for the purpose of strengthening a dyke in Chaozhou. It also set up a Relief Fund Committee of the Teochew Pang (association). By 1940, the Teochew community raised a total of $472,900 for its relief fund. Locally, the Teochew Poit Ip Huay Kuan donated to foundations such as the Nanyang University Foundation, National Defence Foundation, Cultural Foundation and Chinese Development Assistance Council Foundation. The Ngee Ann Kong Si annually contributes a generous portion of their net income towards the welfare activities of the Teochew Poit Ip Huay Kuan. Currently, it also provides scholarships to both local and Chinese students. Economic function Although the economic and business purposes of the Chinese clan associations are never explicitly spelt out, by its nature and existence of a network, it provides opportunities for businessmen to conduct business. Tan Koh Tiang, current administration secretary of the present Teochew Poit Ip Huay Kuan, states that the Teochew International Convention, which is held every two years, not only links up with the other Teochew clans all over the world to share cultural and clan issues, but it also serves to promote economic development and links. In 1993, it conducted a seminar on investment opportunities in Chao-zhou and Guangdong provinces.