Indian-born Middle East billionaire joins the Giving Pledge. Shamsheer Vayalil, founder of VPS Healthcare whose net worth is projected to be around US$1.7 billion, joined the Giving Pledge along with his wife on his 41st birthday. On top of this commitment, Vayalil is also in the process of forming the VPS Foundation for providing healthcare and education to “those people who tend to be forgotten.”
Apple teams up with Nobel Peace Prize Laureate Malala Yousafzai to fund education for 100,000 girls. The support from Apple will help the Malala Fund double the number of grants to fund secondary education for girls in India and Latin America. Tim Cook, Apple’s CEO, will also join its leadership council.
With the right policies and incentives, the Doing Good Index claims Asia can unlock over US$500 billion in philanthropy. The DGI is a groundbreaking inaugural study by the Centre for Asian Philanthropy and Society that maps the philanthropic and charitable landscape in Asia and looks at the enabling environment for “doing good.”
Rati Forbes argues, “Impact is not limited to big philanthropy.” In her opinion editorial, Forbes laments the lack of supporting ecosystem and resources for smaller individual givers, who are more than eager to ensure that their giving is making an impact. Her four-point advice includes: 1. Identify a cause that resonates with you; 2. Build a long-term association with a nonprofit; 3. Think about sustainability; and 4. Collaborate.
Singaporean charities help bridge economic, religious, and racial divides. With the support of the Ministry of Culture, Community and Youth and its Harmony Fund, various community organizations have stepped up to address societal issues facing Singapore. While Beyond Social Services have helped convene residents of diverse socioeconomic backgrounds to mediate their complaints against one another, Roses of Peace and More Than Just have addressed interfaith and interethnic conflicts.
A New York Stock Exchange-listed company wins top awards at the China Charity Festival. Air Products, a world-leading industrial gases company serving China for 30 years, has won the “2017 Overall Community Care Award” and “The Best Community Program of 2017” at the China Charity Festival, a nonprofit event co-organized by over 30 Chinese media outlets advocating philanthropic spirit and behavior of individuals and organizations. Air Products has been consistently recognized for its services that help Chinese manufacturers improve their environmental performance and for its many CSR initiatives such as the LIN Ambassador Program, an education initiative that fosters the next generation’s interest in science and innovation.
PetroChina does good and does well in Indonesia and Myanmar. PetroChina, the country’s largest oil supplier and distributor, has gone philanthropic, thereby earning trust from the foreign local markets. In Indonesia, the company has helped with the long-term sustainability, capacity, upscaling of local coffee farmers. In Myanmar, it donated more than US$24 million for various infrastructure projects.
South Korean city debuts “smart donation box” for charitable contributions. Incheon, known for its international airport, became the first in Korea to offer high-tech donation boxes that allow passersby to use credit, debit, or transportation cards for charitable giving. The machines are run by a local social enterprise that also selects a portfolio of beneficiary organizations.
Jet Airways’ internal employee-driven volunteering program continues to help the underprivileged in India. “Joy of Giving,” branded in line with its corporate slogan of “Joy of Flying,” is an annual corporate volunteering program that engages with a host of NGOs serving the cause of the less privileged such as children, women, and senior citizens. This year, Jet Airways’ employees not only spent time with those affected, but also donated cash and other resources.
Major charitable crowdfunding scam hits Singapore. A scammer has been targeting people who raised money on crowdfunding websites for charitable purposes. One case includes losing SG$53,000 raised via Give.asia for a baby’s surgery. This scandal ironically comes at a time when the Commissioner of Charities-led code of practice for online charitable fundraising was launched only last month.