Who’s Doing Good?

23 July 2018 - 29 July 2018

THE GIVERS

SK chief donates US$10 million to help Laos disaster recovery. Chairman of SK Group, Chey Tae-won, made the donation pledge in a meeting with the Laotian ambassador in Seoul, offering his condolences to victims of the flooding from the dam construction site. With two Korean companies being involved in the construction project, both companies and the Korean government have offered to provide aid in cash and in physical materials.

THE THINKERS

“Help nonprofits to build long-term capacity,” says Shahira Ahmed Bazari. Writing in the New Straits Times, Bazari, managing director of Yayasan Hasanah, a Malaysian foundation, urges for a change in the way that nonprofits are perceived: to recognize that they are professional organizations that require the same kinds of financial resources and support as other organizations. “If nonprofits do not have to worry about covering basic costs and salaries regularly, they can place more focus and resources on driving real change and delivering a social impact,” she writes.

The Straits Times answers questions about crowdfunding in Singapore. Instead of viewing it as a threat, it argues that crowdfunding should be viewed as an opportunity. On the island city-state, crowdfunding is regulated by the Commissioner of Charities in conjunction with the sector’s major players: crowdfunding sites bear responsibility for assessing the legitimacy of funding appeals while taking in a near-negligible fee for their services. Thanks to its lower cost, as well as potential to help organizations reach new audiences, crowdfunding could become an invaluable tool for small charities.

Bosses treating their employees better is also a form of corporate social responsibility. Datuk Michael Tio, chief executive of PKT Logistics Group, states that company profits should be spent on employees and that CSR is more than just donating to charities. Tio was one of the three panelists for the topic “Technology – The Engine of Change” at The Star Outstanding Business Awards 2018 held in Ipoh, Malaysia.

THE NONPROFITS

Responding to the Rohingya crisis, foreign donations to Bangladesh rise nearly 16%. Over US$820 million in funds are expected to go to the 1,625 projects approved by the NGO Affairs Bureau, the highest number approved by the bureau in a single year. This comes as donations to NGOs have waned in recent years, as the government has taken punitive measures against some for regulatory non-compliance. Another US$50 million is expected to be committed by donors in the coming year.

Foodbank Vietnam helps distribute food to those in need. Foodbank Vietnam, a government-sponsored Vietnam Red Cross charity, debuted earlier this year with a pledge to reduce poverty, raise social awareness about saving food, and boost connections and coordination between food suppliers and resource centers. “More than 5,000 meals are provided each month to 10 places sheltering the homeless, many of them children. We have gradually collected the food from five suppliers in Ho Chi Minh City,” said the founder Nguyễn Tuấn Khởi.

THE BUSINESSES

PepsiCo donates US$1 million to the China Foundation for Poverty Alleviation. Along with the financial donation, the multinational corporation is also donating its new Quaker Kids Nutrition products to assist with hunger alleviation efforts in Southwest China. Many counties in the targeted provinces of Yunnan and Guizhou are among the poorest in the country. The grant will provide over 1.7 million meals benefiting approximately 10,000 students over the next three years.

THE INNOVATORS

The Korea Herald interviews the president of Hanyang University, where social innovation is “in their DNA.” At Hanyang, students are required to complete 32 hours of community service in order to graduate. The university is the first in East Asia to be designated an Ashoka U Changemaker Campus. “Trying to find ways to help others and contribute to the society, that is the mindset we seek to deliver to our students,” says Lee Young-moo, the university’s president. Going forward, it hopes to publish a Korean version of the Stanford Social Innovation Review, the preeminent publication on social innovation from the Stanford Center on Philanthropy and Civil Society.

Social services sector aims to strengthen service delivery with two new digital initiatives. The IT system to improve backend processes, iShine Cloud provides a suite of integrated IT cloud services specific to the charitable sector. The system is jointly developed by the National Council of Social Service and Singapore Pools. The system will consist of tools that will help social service professionals attend to their clients without being stalled by administrative tasks. The second is a social service navigator, an interactive online platform and mobile portal that consolidates information on social service providers, programs, and resources all over Singapore. The platform aims to significantly reduce the time social service professionals spend searching for a suitable program to better address the needs of their clients.

THE VOLUNTEERS

Children take on a bike tour of Taiwan to help the elderly. Fifteen children participating in the “2018 Love and Hope in Taiwan – Bicyclists Charity” event have set out on a bicycle challenge in Taichung, including stops in Kaohsiung and New Taipei, to help and support the elderly in those communities. The children come from disadvantaged families. They will perform dances and give the elderly massages on the way.

THE TRUSTBREAKERS

Charity founder confesses to sexual assault in WeChat post. Lei Chuang, the founder of the Yi You Charity and a high-profile philanthropic figure in China, has admitted to sexually assaulting a woman. Lei, a respected personality in China’s charity circle, was accused of sexually assaulting a woman in 2015 in an anonymous article posted online.

 

 

 

Muhammad Yunus: Doing Good in An Uncertain World

In conversation with Dr Ruth Shapiro at the Commonwealth Club, October 2017

As the world’s wealth shifts into the hands of the few, a new system is emerging to address the inequality, unemployment and environmental destruction that Muhammad Yunus says goes hand in hand with capitalism.

Yunus, the pioneer of microcredit, has seen the transformative results of his economic experiments help people escape poverty. He believes that today’s economic system is broken and must be reformed to provide opportunity for all.

Yunus is a Bangladeshi economist and the founder of Grameen Bank who earned a Nobel Prize in 2006 for his work in alleviating poverty. In his book, A World of Three Zeros, Yunus discusses the experiments that have inspired thousands of individuals, companies and organizations to continue to provide microcredit to all.