Who’s Doing Good?

1 October 2018 - 7 October 2018

THE GIVERS

China’s first female paratrooper donates life savings to hometown. Ma Xu, 83, participated in the Korean War in 1950 and then trained as a military doctor. She then joined the then newly formed Chinese airborne troops in 1961 as a medical supporter, after which she was trained as the country’s first female paratrooper. Throughout her career, she was honored with several medals and made several records, including becoming the country’s first female paratrooper, a female paratrooper with the most parachute jumps, and the oldest female paratrooper to parachute. Since retiring, she has set her mind to donate over 10 million yuan (US$1.5 million) to Mulan County for educational, cultural, and charitable purposes.

American family foundation pledges US$5 million to disaster relief, including Asia. The Micky and Madeleine Arison Family Foundation, based in the United States, has pledged US$5 million to support disaster relief efforts in North and South Carolina, the Philippines, and Indonesia. The donation will be immediately made to Save the Children and Direct Relief to support the most timely and urgent relief needs, as well as the long-term recovery strategy.

THE THINKERS

Forbes’ new 400 ranking methodology to now include philanthropy score. For the first time, Forbes 400 members (American) will be ranked not only on their total wealth and on how self-made they are, but also on their philanthropic generosity. The philanthropy score will be on a scale of 1 to 5, with 5 being the most philanthropic. For those whom Forbes was not able to find any information of charitable giving, they received an N.A. (not available). To come up with the scores, Forbes journalists estimated each list member’s total lifetime giving and looked at what percent of their fortune they had given away. Some individuals were then bumped up or down based on other factors such as whether they had signed the Giving Pledge, whether they had pledged significant donations, how personally involved they were in their charitable giving, and how quickly and effectively their private foundations distributed funds.

Two university professors discuss why charities are accepting increasing amounts of Bitcoin. In this article, Philip Hackney, Associate Professor of Law at the University of Pittsburgh, and Brian Mittendorf, Professor of Accounting at The Ohio State University, discuss why nonprofit organizations in the United States have begun to accept increasing amounts of Bitcoin and other forms of cryptocurrency, as well as addressing other relevant issues and implications. Most notably, the two scholars emphasize the tax benefits that come with donating appreciating non-cash financial assets that may cost governments more in tax deductions than it raises in actual donations.

THE NONPROFITS  

Singapore Red Cross and Mercy Relief launch fundraising appeals. The Singapore Red Cross (SRC) and Mercy Relief, Singapore’s homegrown humanitarian nonprofit organization, are making fundraising appeals to the public to aid the victims of the earthquake and tsunami that recently struck Central Sulawesi, Indonesia. The SRC has pledged SG$50,000 (approximately US$36,000) in humanitarian aid to support affected communities. The SRC and Mercy Relief are also planning to send an advance response team to conduct ground assessments and support the Indonesian Red Cross Society and to distribute relief supplies to displaced families.

Pakistani government orders international nonprofits to end their operations and leave the country within 60 days. ActionAid, one of the 18 charities affected, said the move was part of a “worrying escalation of recent attacks on civil society” in Pakistan. Since the 2011 discovery of a fake vaccination program run by the Central Intelligence Agency aiming to track down Osama bin Laden, nonprofits have been viewed with suspicion and wary by the country’s intelligence services. ActionAid and other international nonprofits were similarly ordered to leave the country at the end of last year in 2017 but were allowed to stay upon appeal and following pressure from Western governments. For the recent order, subsequent appeals have been unsuccessful.

THE BUSINESSES

Korean firms offer aid for earthquake-hit Indonesia. Joining international efforts to help rebuild Indonesia after the earthquake and tsunami that hit Sulawesi, Indonesia, a group of Korean businesses have offered to make donations to support relief efforts. Most recently, Hyundai Motor Group and KT&G Corporation said it will donate US$500,000 and US$88,700, respectively. Other donations include a US$199,000 donation from the retail conglomerate Lotte and a US$300,000 donation from the SK Group.

Apple donates US$1 million to disaster relief efforts in Indonesia. To support relief efforts after the devastating 7.5-magnitude earthquake and subsequent tsunami in Sulawesi, Indonesia, Apple announced its donation of US$1 million. On October 2, 2018, Apple CEO Tim Cook stated in his tweet, “Our hearts go out to the people of Sulawesi and all of Indonesia after this weekend’s devastating earthquake and tsunami. Apple is donating $1 million to aid relief efforts as this beautiful country starts to rebuild.” 

THE INNOVATORS

Southeast Asia found to be the top destination for impact investments. Southeast Asia has seen a significant increase in impact investments in recent years, according to the Global Impact Investing Network (GIIN). Private impact investors—fund managers, family offices, pension funds, and other types of private capital—poured nearly US$1 billion into the region from 2007 to 2017, while development finance institutions deployed US$11.2 billion. Indonesia, the Philippines, and Vietnam were the three largest markets in the region, having attracted 60% of the capital deployed. A key theme in the region is poverty alleviation. “In many countries in the region, large swathes of the population live below the poverty line. So, the provision of basic services, such as clean energy, affordable housing, healthcare, and financial services, is a core focus of impact investors,” said GIIN’s director of research Abhilash Mudaliar.

Singaporean private bank focuses on environmental, social, and governance (ESG) investing to win over Asia’s next-generation clients. According to Marc Lansonneur, Managing Director and Head of Managed Solutions, Balance Sheet Products and Investment Governance in the Wealth Management group, DBS Bank is increasingly providing ESG investing solutions and services to its current and future next-generation high-net-worth clients, who are expressing interest in this form of investing. In fact, Lansonneur stated that DBS has assembled considerable evidence that companies that perform well in ESG tend to also show higher profitability, higher dividend yield, and lower idiosyncratic tail risks, demonstrating that doing good can lead to doing well financially.

THE VOLUNTEERS

On Children’s Day, Singaporean children do good for one another. “Children for Children” is a day of giving and doing good by children for children. It is an annual fundraising and charity event jointly organized by The Business Times, CHIJ (Kellock), and The Rice Company Ltd. Since 2008, it has brought more than 10,000 children under the Ministry of Education’s financial assistance scheme to various iconic destinations throughout the city. This year, 1,000 children benefited from the program, and a total of SG$337,793 (approximately US$243,000) was raised. Shuanne Seah, 10, who was part of the musical’s choir, said, “We’re doing this for a cause, so all the effort is worth it. We want to use our gifts to help others achieve their dreams.”

THE TRUSTBREAKERS

“Voluntourism and the white savior complex: travelers may be doing more harm than good.” Mercedes Hutton, the article’s author, argues for a different perspective on the increasingly popular trend of “voluntourism,” a form of traveling to other countries and communities in need for volunteer work. Although the seemingly more hands-on voluntourism may appear to be better than “slacktivism,” supporting a cause without moving from the comfort of the couch, Hutton claims that there are challenges, weaknesses, and gaps in this form of doing good. For example, in regards to the popular package of traveling to orphanages in developing economies, the author cites The Guardian to point out that “there is no such thing as a ‘good’ orphanage,” suggesting that children simply do best by being in a family instead of staying at an orphanage. Another point pertains to the lack of qualified individuals who usually partake in these kinds of programs and packages, with most of them being pre-college gap-year high school students and fresh college graduates. Perhaps, from the author’s standpoint, donating on one’s couch at home, yet doing so more deliberately and strategically, may be more efficient than rolling up one’s sleeves to do volunteering for those in need.

Giving Back to the Future

Scholarships for Higher Education

Our study finds that scholarships for higher education are highly impactful, at the individual, community, and country levels.

For an individual, receiving a scholarship makes attending university possible. It means greater earning power, greater confidence and motivation, and a greater desire to influence other lives through leadership.

At the community level, we observe that most scholarship recipients want to give back and do so by volunteering. They want to change society for the better by pursuing careers in education, the government, and the social sector.

The aggregate effect for the country is human capital development, which drives economic growth. Scholarships also help offset increasing tuition costs across Asia and mitigate income inequality by making it possible for low-income students to attend university.

A single scholarship enhances 26 lives on average, including the scholar, her family, the students she mentors and leads, and the community members she volunteers for.

We also present a toolkit for enhancing the effectiveness of scholarship programs. The toolkit showcases both the “why” and “how” of setting clear goals, improving communication and engagement with scholars, and enhancing their employability and career success. These strategies can magnify the impact of scholarships for students, donors, and governments.

Who’s Doing Good?

6 August 2018 - 12 August 2018

THE GIVERS

Singaporean retiree gives SG$500,000 (approximately US$363,000) for charity. Loh Kiong Poot, a Singaporean retiree from the trading industry, has donated SG$500,000 to The Straits TimesSchool Pocket Money Fund to help troubled children in need. His contribution to the fund is his biggest donation yet, though he has given money to charities and orphanages in countries such as Thailand and Vietnam. The fund was initiated in 2000 as a community project by The Straits Times, providing pocket money to children low-income families to help them through school. Since 2000, it has disbursed over SG$60 million (approximately US$43.6 million) worth of funds.

THE THINKERS

Anti-corruption rules are not clear on donations or political contributions, says author. In his opinion editorial, Thompson Chau argues that the code of ethics recently released by the Myanmar government is still unclear on what companies and their associated individuals and charities can and cannot do. This code of ethics was devised by the Directorate of Investment and Company Administration (DICA) under the finance ministry in order to cover all dealings and “business activities” between government organizations and the private sector. For example, giving charitable and political donations in dealing with the government is prohibited. The author, however, calls for further clarity on what constitutes as influencing a decision of the government and as an act of corruption.

THE NONPROFITS

Ngee Ann Polytechnic and Singapore Red Cross raise funds to help Lombok villagers in Indonesia. While students and staff from Ngee Ann Polytechnic are organizing a campus donation drive, the Singapore Red Cross is utilizing online fundraising platforms to raise funds for villagers hit by the recent spate of earthquakes in Lombok, Indonesia. So far, the two organizations have raised SG$20,000 (approximately US$14,500) and SG$42,000 (approximately US$30,500), respectively. For students and staff from Ngee Ann Polytechnic, the cause was all the more relevant at a personal level, as many of them have been traveling regularly since 2014 to Lombok for community service work.

THE BUSINESSES

Korean retail conglomerate donates US$100,000 to flood-hit Laos. Lotte Group has offered US$100,000 to Laos for disaster relief aid after the dam accident. The donation has been handed over to the Community Chest of Korea for the purchase of relief goods and restoration of the damaged area. “We hope this donation could help children, among others, who are vulnerable to heat and diseases,” Lotte’s vice president Oh Sung-yup said in a statement.

 THE INNOVATORS

Online charity platforms in China raise 980 million yuan (US$143.5 million) in the first half of 2018. According to China’s charity law that went into effect in 2016, online fundraising for charitable purposes must be conducted through government-approved platforms, and China’s first group of 11 government-approved online charity platforms have received 980 million yuan of donations in the first half of 2018. Compared to the previous year, the amount increased by 30%. The platforms have altogether publicized over 11,000 fundraising projects from 992 charitable organizations.

Alternative forms of giving and investing. Venture philanthropy and impact investing are growing among private wealth owners, especially among the millennial generation. Several factors including exposure to standards of social contribution and environmental sustainability and having resources and opportunities at their disposal are encouraging these next-generation wealth owners and controllers to contribute. In addition to money, people are also willing to offer assistance with regard to mentoring, commercial or professional expertise, and industry connections.

THE VOLUNTEERS

Singaporean student ditches his corporate dreams to devote his life to volunteering. Daryl Tay, an undergraduate from Singapore Management University, took an oath to make the world a more equal place and hopes his efforts will help reduce poverty. The 29-year-old joined the Radion International with the aim to curb the rampant substance abuse problem among young children in Thailand. Today, the entire recovery program has 40 children aged six to 17.

THE TRUSTBREAKERS

Ex-chief of Tokyo Medical University admits to backdoor admissions to “increase donations.” A former board chairman of Tokyo Medical University, Masahiko Usui, has admitted to padding certain students’ scores on its general entrance exam. Usui said during the school’s internal investigation that he did so to “increase donations to the school.” In the recent two examinations, Usui directed university staff to admit 19 students by adding points to their scores during the first stage of testing. Many of the students involved were the children of alumni, and in some cases, tens of millions of yen in donations were paid to the school.

Who’s Doing Good?

30 July 2018 - 5 August 2018

THE GIVERS

Evergrande’s Xu Jiayin comes out as top Chinese philanthropist in the annual list. According to Forbes, Xu Jiayin, chairman of Evergrande Real Estate Group, hold the top position on the 2018 Forbes China Philanthropy List, followed by He Xiangjian, founder of Midea Group, and Zhang Jianbin, chairman of Jiangsu Winfast Investment Holding Group. Xu gave away 4.21 billion yuan (US$617 million) for poverty reduction. Those on the list had donated 17.31 billion yuan in cash donations, a 66% increase from the previous year’s figure. The minimum donation amount required to be on the list increased from 5 million yuan to 13 million yuan. The list also found education, poverty alleviation, and medical care was the main focus of donations.

THE THINKERS

Amid sexual harassment scandals, Beijing nonprofits and law firm launch anti-sexual harassment network. Following recent allegations of sexual harassment and assault against prominent Chinese media professionals, charity activists, and intellectuals, two nonprofit organizations in Beijing—the Maple Women’s Psychological Counseling Center and Equality—and Qianqian Law Firm have launched a joint network aimed at stopping sexual harassment. The network will provide services such as legal consultations, legal aid, psychological counseling, media assistance, and training courses. “We want to offer reliable help for women who suffer from sexual harassment. We hope more victims would come forward to make the authorities aware of the seriousness of the situation,” said Lin Lixia, an employee at the law firm.

Charities in Hong Kong forced to reveal finances. Charities will have to disclose their financial accounts on a designated government webpage for public inspection as a measure to promote transparency. The administrative action was announced in response to the government audit chief’s criticism last year over lax rules in the sector. A “good practice guide,” covering donors’ rights and fundraising practices, has also been made available. However, critics claim this measure will not go very far. “The guidelines are too mild and non-binding,” said Labour Party lawmaker Fernando Cheung Chiu-hung. Other critics urge the government to step up public education “to arouse the awareness of donors of their rights.”

Government too charitable to charities. The Hong Kong government is facing criticism for the recently launched administrative measure to include financials of charities on a government website: that these measures are voluntary in nature and not mandatory. Reports state many charities exploited the loopholes to claim tax exemption status, with tax forgone amounting to HK$1.5 billion between 2005 and 2016.

THE NONPROFITS

Chinese charities donate stationery and sports items to Nepali school. The China Foundation for Poverty Alleviation and Beijing Ciai Charity Foundation distributed school bags, stationery items, and sports accessories to students of the Mahendra Adarsha Vidyashram school, a public school in Nepal. “The Chinese support is very instrumental for the bright future of our students. It will not just boost the quality education of the country, but also strengthen the people-to-people ties between the two countries,” Pampha Bhusal, who is chairman of the school committee, said.

THE BUSINESSES

Samsung donates ₩50 billion (US$44.7 million) to support small business factories. Samsung Electronics will donate ₩50 billion to the Korea Smart Factory Foundation, which will help small businesses set up smart-factory infrastructure in their production centers. The donation will be made in ₩10 billion per year over the next five years. Samsung will also allocate a separate ₩10 billion to help these small businesses educate their staff and find new markets for the next five years.

CapitaLand launches SG$2 million (approximately US$1.46 million) fund to empower vulnerable elderly in Singapore. In response to the issue of an aging population, CapitaLand Hope Foundation, the company’s philanthropic arm, has set up a SG$2 million fund with the aim of improving the quality of life for the vulnerable elderly in Singapore through deeper social integration, better healthcare, and better living conditions. The CapitaLand Silver Empowerment Fund marks the first time the foundation has expanded its mandate from helping underprivileged children to the elderly. In addition to the fund, the foundation will also partner with Community Chest Singapore to identify, fund, and volunteer in projects to support vulnerable seniors of 60 years or above. Lim Ming Yan, CapitaLand’s chief executive, said, “As we expand the foundation’s mandate to support the healthcare and well-being of the vulnerable elderly, CapitaLand is looking forward to working together with long-time partners like President’s Challenge and Community Chest to improve the quality of aged care in Singapore.”

Singapore Press Holdings (SPH) donates SG$350,000 (approximately US$256,000)to 20 social service organizations. SPH and its philanthropic arm, SPH Foundation, donated SG$350,000 to 20 social service organizations via Community Chest Singapore. The donation is part of SPH and SPH Foundation’s yearly efforts to support charities serving disadvantaged families, senior citizens, and special-needs students.

A big number of corporations come forward to clear up the Ganga. Companies like Shipping Corporation of India, Indusland Bank, Bajaj Electricals, Reliance Industries, and others have undertaken ghatcleaning and development, afforestation, and provision of amenities as part of their CSR projects under the Namami Gange Programme. Rs 255.02 crore (approximately US$37.13 million) have been received as a contribution to the fund from public sector units, private companies, individuals, the India Development Foundation, and others.

A tribute and “thank you” to Khazanah Nasional. Via this article, social workers pay a special tribute to Khazanah Nasional for their donations during the 2014 floods in Malaysia. Khazanah supported many nonprofits with their flood relief efforts by donating RM250,000 (approximately US$62,000). The company was able to support outreach programmes to help marginalized communities. These included the Orang Asli, refugees, and immigrant communities.

THE INNOVATORS

Asia tackles its plastic problem with a mix of tradition and technology. Plastic is considered one of the most useful products, yet the most environmentally harmful. Many are taking the initiative to tap into Asia’s cultures and crafts in order to invent a better and safer alternative. Poramet Sai-Uparach of Leaf Creation created a wide range of products—bags, lampshades, wallpaper, and furniture—made from teak tree leaves that are widely available in northern Thailand. Indian entrepreneurs are coming up with edible cutlery and bags made of tapioca and vegetable starch. Big multinational corporations like KFC are also starting to ban straws, while IKEA plans to phase out oil-based plastics from its 363 furniture stores and restaurants around the world by 2020.

THE VOLUNTEERS

10-day commitment likely to be a hurdle for Tokyo Olympic Games volunteers. The Tokyo Organizing Committee of the Olympic and Paralympic Games has initiated a drive to encourage university students and others to work as volunteers for the 2020 Tokyo Olympics. The officials urge them to volunteer for at least 10 days, in a bid to enable them to best take advantage of the skills they will acquire during the training sessions prior to the sporting event. Many universities in Tokyo have supported the committee by changing schedules for classes and exams.

THE TRUSTBREAKERS

Indian government shuts down charity as women go missing and girls claim rape. Seva Sanklap Ewam Vikas Samiti, a nonprofit organization that runs shelters for destitute women, has been closed down by the local police amid reports that 11 of the women are missing. The charity’s director and nine staffers have been arrested on rape charges. Another shelter under the organization was closed in June after dozens of girls said they had been raped there. Earlier this year, the Mumbai-based Tata Institute of Social Sciences found evidence of trouble during an audit of the charity, leading state investigators to interview girls at the shelter and learn of the rape incidents.

Who’s Doing Good?

2 July 2018 - 8 July 2018

THE GIVERS

“Retirement is too busy,” says Li Ka-Shing, while discussing the future of his foundation. His comments came as he announced his retirement as chairman of Shantou University, the higher-ed institution he funded in his hometown in Guangdong Province, China. At the same press conference, Li announced that he would eventually hand over the reins of his foundation to his two sons: the elder, Victor, would take over as chairman, with his brother Richard as vice-chairman.

Over US$38 million was donated to arts and culture in Singapore last year, marking the second year in a row where donations to the sector have fallen. National Arts Council director Paul Tan says that part of the reason why donations have fallen is that major donations clustered around the city-state’s Jubilee Year in 2015, where large donations were collected to fund large projects such as the National Gallery Singapore and Singapore Chinese Cultural Centre. He adds: “What is perhaps more important is sustaining the level of giving to arts organizations year on year so that we continue to create a vibrant arts scene. As such, we are pleased to see an increased number of Friends of the Arts this year.”

CNBC profiles Charles Chen Yidan, “China’s most charitable man.” In 2007, Chen and his fellow co-founders at Tencent, the tech giant owner of WeChat, founded the Tencent Foundation with the aim of investing a portion of their profits into charitable projects. Through WeChat, Tencent has been able to spur hassle-free donations towards charitable causes, raising 1.5 billion yuan (US$230 million) from 140 million individual donations in the last 11 years. He says: “Chinese traditional culture encourages people to benefit the world. Many ideas from Chinese culture encourage people to give more, have more and also encouraged people in that if you do a good thing, you will have a good result. So it’s in every Chinese person’s mind. But how to do it?”

Keppel Corporation donates SG$1 million (approximately US737,000) to the President’s Challenge. As part of the company’s 50th anniversary, Keppel Corporation made SG$1 million donations to the President’s Challenge. Keppel chairman Lee Boon Yang presented the donation cheque to President Halimah Yacob at the company’s charity run event. “Our aim is also to do good as we do well. We are committed to making a positive impact on the community wherever we operate,” Lee said.

Binance donates US$1 million to Japanese flood victims. Binance, one of the world’s largest cryptocurrency exchanges, donated US$1 million to flood victims in West Japan. The exchange has also called for its cryptocurrency friends and partners to join this charitable initiative. To contribute in cryptocurrency, one can make an anonymous donation by sending ETH or ERC20 tokens directly to the Binance donation address.

The Wallenberg Foundation donates to Nanyang Technological University, the largest gift in perpetuity in its history. The endowed gift is targeted towards the creation of a fellowship to nurture early-career scientists at NTU, recently ranked top in a list of the world’s best young universities. Its goal is to help attract top talent to the university, building on the momentum already achieved by NTU’s highly competitive Presidential Postdoctoral Fellowship, which has already attracted hundreds of applications around the world.

THE THINKERS

To strengthen social bonds, nurture altruism, says the director of the Hong Kong Centre for Suicide Research and Prevention. Paul Yip and the Centre recently conducted a study that found that Hong Kong people are generous with their monetary donations but reluctant or unable to volunteer their time for charitable causes. Rates of volunteerism have fallen from year-to-year, from 51.5% to 47.3% from 2016 to 2017. With the average Hong Konger facing long workdays, Yip advocates for companies to offer volunteer leave so that people can take time out to engage in the community.

THE NONPROFITS

Jakarta food donation program takes leftovers from lavish weddings. Founded by Astrid Paramita, “Blessing To Share” supplies leftover wedding dishes to the poor. According to an Economist Intelligence Unit survey, Indonesia bins more edible food per person than any other country except Saudi Arabia. Primarily operating in Jakarta, Paramita has aspirations to expand his program to other cities and to start sourcing edibles from company meetings and conferences.

Islamic philanthropy at work in Indonesia. Dompet Dhuafa, an Islamic philanthropy organization in Indonesia, was founded by the former editor-in-chief of the Republika daily newspaper, Parni Hadi, to collect various forms of alms and raise funds for planned programs that empower the poor. Having begun with a modest first year of collecting Rp 425,000 (US$30), the organization has reached 25 years of age and has helped more than 16 million people. “Dompet Dhuafa is an Islamic philanthropy organization that is devoted to empowering the poor through compassionate socio-technopreneurship,” said Hadi.

THE BUSINESSES

A report finds that CSR giving in India is projected to reach US$7.4 billion (INR 50,000crore) by 2019. The research conducted jointly by CSRBOX and NGOBOX finds that by the financial year 2019-20, compliance with India’s mandatory 2% giving under the 2013 Companies Act will reach 97-98%. Education and skills development is expected to be the preferred areas of spending, with US$2.2 billion expected to pour into the sector between 2014 and 2019. “Mandatory CSR has made a lot of change in India’s development landscape. It has gradually formalized the corporate philanthropy with an emphasis on impacts on the ground.”

THE TRUSTBREAKERS

Arrested last week, Najib maintains that the US$681 million found in his account is a donation. The donation was placed in his account prior to Malaysia’s general election in 2013, but Najib stressed that the sum was returned to its donor, the Saudi royal family, shortly after the election. “As far as I am concerned, I acted in good faith. On top of it, King Abdullah awarded me the highest decoration from Saudi Arabia. Only (former US) president (Barack) Obama and (Russian president Vladimir) Putin have the same. That shows the level of trust he had in me.”

Dr. Ruth Shapiro: Is Asia Philanthropic?

Hosted by the Commonwealth Club of California in association with Asia Society Northern California

As enormous wealth continues to be created in Asia, the region’s ultra-high-net-worth individuals are turning their hand to philanthropy. But their path continues to manifest quite differently from the United States and Western Europe. Drawing upon exclusive interviews with ultra-high-net-worth individuals and case studies of successful social initiatives, this talk will examine why and how Asia’s traditional and newer philanthropists are giving.

Dr. Shapiro is the Founder and Chief Executive of the Centre for Asian Philanthropy and Society, a nonprofit incorporated in Hong Kong in 2013. In addition to Pragmatic Philanthropy, Dr. Shapiro edited The Real Problem Solvers, a book about social entrepreneurship in America. She is a regular speaker on issues related to Asian philanthropy, social innovation, and social entrepreneurship in Asia. Dr. Shapiro holds a doctorate from Stanford University and master’s degrees from Harvard University and The George Washington University.

How Can Asia Boost Philanthropy?

AsiaGlobal Online

Wealth in Asia is growing rapidly, but philanthropy has not kept pace. Governments should improve regulation and change tax and fiscal policies to make it easier for Asians and corporations to give in a systematic way. They should also ensure donations can efficiently reach organizations working to meet society’s needs.

This article looks at how the Doing Good Index can help governments improve regulations and policies relevant to the philanthropic and charitable sectors by identifying the levers that best enhance local philanthropy across 15 Asian economies.

This article was first published in AsiaGlobal Online.

Pragmatic Philanthropy: Asian Charity Explained

Palgrave Macmillan, January 2018

“We must create a civilization where we can realize the best of human potential. This book helps us to understand how this vision is being realized in Asia today.” (Muhammad Yunus, Nobel Laureate and Founder, the Grameen Bank)

“In today’s world, leaders must rely on partnerships that connect across business, government and civil society. In Asia, partnerships are in evident display. Ruth Shapiro tells us how they help address our shared problems in ways that create win-win solutions.” (Dominic Barton, Managing Director, McKinsey & Company)

“Charity has had a long and noble history in Asia.  It has not however, been the study of much research or documentation.  Pragmatic Philanthropy makes an important contribution to understanding the way in which social investment in Asia takes place.” (Victor K. Fung, Group Chairman of the Fung Group)

“Kiva is working in 80 countries.  While some aspects of our work are consistent throughout the world, we have learned that it is essential to have on the ground knowledge in each of the localities where we make loans available.  We must have trustworthy local partners and be familiar with local laws and practices. Dr. Ruth Shapiro’s insights come from decades of work in Asia. This book provides a very helpful view into the way philanthropy and other types of social investment gets done in the region.” (Premal Shah, Co-Founder & President, Kiva)

“As every great social entrepreneur knows, and as the Skoll Foundation has learned from our work with them, context matters. What works in Bangladesh may not translate to Indonesia, and vice versa. Successful social investment depends upon local knowledge and uptake, as Ruth Shapiro demonstrates in this valuable volume. Here she shares insights gained from her work in Asia together with some of the world’s most promising philanthropists. Pragmatic Philanthropy: Asian Charity Explained is essential reading for change-agents working across the Asian continent, and for those seeking to support them.” (Sally Osberg, President and CEO, Skoll Foundation)

“We are beginning to see dramatic increases in interest and activity in philanthropy in China and throughout Asia.  We also need to see a commensurate degree of research and understanding of the sector.  This book is a worthwhile effort to help close the gap between interest and impact.” (Xiulan Zhang, Professor and Former Founding Dean, School of Social Development and Public Policy, Beijing Normal University, China)

“Although non-profit corporations have been in existence in legal sense since 1898, the Kobe earthquake of 1995, followed by other natural disasters have been a wake-up call for Japan. We see the need for citizens to be active in addressing our shared concerns whether they are helping vulnerable people or reconstructing a devastated area.   Studies like the one carried out by the Centre for Asian Philanthropy and Society help us to learn valuable lessons about what works in taking on these roles.” (Tatsuo Ohta, Chairman, The Japan Association of Charitable Organizations)

“This book exemplifies the reason that I agreed to go on the board of the Centre for Asian Philanthropy and Society – it provides world-class analysis to a field that is understudied and misunderstood.  For too long, philanthropists have worked from the premise that the rigor and analysis they use in their businesses are not applicable to their charitable investments.   The opposite is the case as these types of investments are more difficult to measure and can touch the lives of many.  Dr. Ruth Shapiro’s book helps us to understand the dynamic nature of the Asian philanthropic sector and make more informed choices about how we invest our time and our resources.” (Elizabeth Eder Zobel de Ayala, Chairman, Teach for the Philippines)

“More and more people are thinking about philanthropy in a more methodical, intelligent way.  It is important to understand deeply the issues you are dealing with and support solutions that make the most impact.  Grounded in  research and evidence, this book helps us to see how this trend is accelerating across Asia.” (Jamshyd Godrej, Chairman, Godrej and Boyce)

“Our own Trust Barometer shows that trust is in crisis around the world.  Non-profit organizations tend to be more trusted than governments and companies but even their numbers are going down.  In Asia, this lack of trust has significant ramifications for philanthropy and the charitable sector.  This book helps us to understand why trust is in such short supply, why this matters and what we can do about it.” (Richard Edelman, Chief Executive Officer, Edelman)

“The Djarum Foundation’s work is grounded in community help, tolerance and mutual assistance.  These are values that are integral to who we are and are shared by many in Indonesia and throughout out Asia.   Pragmatic Philanthropy explains how these values underpin programs and practices of helping each other in Asia.” (Victor Hartono, Chairman, The Djarum Foundation)