Who’s Doing Good?

11 June 2018 - 17 June 2018

THE GIVERS

Realizing sustainable quality education, Harvard style. The Straits Times profiled Tan Sri Jeffrey Cheah, the Malaysian construction magnate who donated all of his equity in Sunway Education Group, valued at more than RM1 billion (approximately US$250.1 million), to a foundation dedicated to realizing sustainable quality education. This structure models that of universities in the West, mirroring in particular John Harvard’s contribution to Harvard University over 400 years ago. “It is my personal goal to award more than RM1 billion in my lifetime in scholarships,” says Cheah. As of 2017, his foundation is already one third of the way there, having given out RM330 million in scholarships and grants.

Japanese anime creator donates US$8 million for earthquake relief. Eiichiro Oda, famous for his hit anime series One Piece, donated US$8 million for Kumamoto earthquake relief. In commemoration of his donation, a statue of the anime series’ protagonist will be constructed in Kumamoto.

THE THINKERS

“Switching the donor-grantee relationship.” In this article, Ashok Alexander reflects on the problematic “heads and legs” relationship between donors and grantees. Unlike in the business sector, where entrepreneurs conceive up ideas and then approach investors for funding, Alexander notes that in the social social sector, it is the funders who come up with ideas and then look for recipients to carry out the legwork. “Donors should reject donees who don’t have new ideas; donees must be willing to walk away from donors who tell them exactly what they should do.”

THE NONPROFITS

Poverty alleviation charity project aids 120,000 children. A project by the China Foundation for Poverty Alleviation has raised nearly 21 million yuan (US$3.3 million) in donations and aided 120,000 children since 2014. The donations have been used to provide stationery, clothes, and fine arts equipment for more than 32,000 children and to build 146 kitchens in schools, providing better meals for 60,000 students. The project also employed “companion mothers” to care for more than 30,000 rural children whose parents migrated to larger cities for employment opportunities.

THE BUSINESSES

Garuda Indonesia launches “umrah” donation program. Garuda Indonesia, Indonesia’s national flag carrier, has launched a donation program that allows its GarudaMiles members to contribute miles toward an “umrah” pilgrimage trip for underprivileged people. Garuda Indonesia is currently aiming for this program to benefit 100 individuals.

THE INNOVATORS

Li Ka-shing joins Bill Gates to fund probiotic product to fight child malnutrition. Along with the Bill & Melinda Gates Foundation, Horizons Ventures, the investment arm of Li Ka-shing’s philanthropic foundation, led a US$40 million round of funding for California-based Evolve BioSystems, which is developing an infant probiotic product that helps restore the beneficial bacteria in infants’ guts. As the funding has been widely hailed as a notable impact investment, lead investor Patrick Zhang said, “We are excited to increase our investment in Evolve, and for the tremendous societal impact that Evolve can make on restoring the infant gut microbiome, particularly in Asia.”

THE VOLUNTEERS

Singapore Children’s Society recognizes outstanding volunteers. On June 12, 2018, the Singapore Children’s Society recognized 47 volunteers and donors for their longtime service and dedication to the organization. Most notably, Kurt Wee, who received the Ruth Wong Award for volunteers, was lauded for volunteering to help raise over SG$106.8 million (approximately US$79 million) for the Singapore Children’s Society since 2008.

THE TRUSTBREAKERS

Amnesty International exposes questionable payments by Kirin Brewery to the Myanmar military. The human rights-focused organization published correspondences between Kirin’s Myanmar offshoot, Myanmar Brewery, and the Commander-in-Chief of the Myanmar military, Senior General Min Aung Hlaing. Amnesty International has urged the Japanese government to investigate the “immoral payments,” which come at a time when Myanmar’s military has been undertaking an unprecedented ethnic cleansing campaign against the Rohingya population in the Rakhine state. In the interim, Kirin has banned all new charitable donations in Myanmar, while it conducts a human rights assessment of its suppliers and partners in the country.

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.

Who’s Doing Good?

4 June 2018 - 10 June 2018

THE GIVERS

The Ng Teng Fong Charitable Foundation donates for the preservation of the Great Wall. Sino Group’s Ng Teng Fong Charitable Foundation donated 10 million yuan (US$1.56 million) to the China Foundation for Cultural Heritage Conservation for preserving and protecting the Great Wall. The donation will be used to repair a 1,255-meter-long section of the Great Wall, including restoring No. 67, 68, and 69 lookout towards and reinforcing the side walls near these towers. On top of this donation, the Ng Teng Fong Charitable Foundation will organize for Hong Kong youths to regularly visit the Great Wall.

Singtel donates to help fund Esplanade’s first medium-sized theater. Singtel, a major telecommunications company in Singapore, is donating SG$10 million (approximately US$7.49 million) to help fund the Esplanade’s first medium-sized theater, the largest single donation the national performing arts center has received since it opened in 2002. This new theater will open in 2021 and be named after the company for 15 years.

Korean conglomerate launches foundation to address social problems. SK hynix Inc., the world’s second largest memory chip producer, announced that it would set up a philanthropic foundation to foster experts in the three fields of safety, health, and the environment (SHE). The company plans to provide ₩35 billion (US$32.6 million) to the foundation over the next 10 years. The foundation will work to cultivate experts who can tackle problems related to the SHE fields. It will offer scholarships to future leaders of society, provide support to research activities focused on SHE-related issues, and promote diverse projects with stakeholders to address these issues.

George Soros donates to help boost South Korean soldiers’ human rights. The Open Society Foundations (OSF), an international group advocating democracy and human rights founded by investor George Soros, has decided to provide US$200,000 to an advocacy group in Korea to help improve enlisted soldiers’ human rights. This marks the OSF’s first donation in Korea.

THE THINKERS

“Crowdfunding is changing the world for the better.” In this article, author William Hofmann explains the rise of charitable crowdfunding.  According to the author, crowdfunding reduces operating costs that are traditionally associated with setting up a formal nonprofit organization and initiating fundraising projects. “In other words, they are democratizing philanthropy,” says Hofmann. Within Asia, Singapore was cited as a noteworthy example, where GIVE.asia more than doubled its total donations from SG$4.5 million (approximately US$3.37 million) in 2016 to SG$11.2 million (approximately US$8.39 million) in 2017.

WealthAsia Media hosts the inaugural BENCHMARK Private Wealth Awards. The company, which gives out best practice awards in the Asian financial services sector, sought to recognize “visionary service providers” emerging to meet the needs of a new generation of asset holders. As heavyweight entrepreneurs in Asia hand over their businesses to a generation that is increasingly cognizant of the importance of sustainability and leaving positive social impacts, WealthAsia aims to raise awareness about and award responsible private banking and impact investing.

THE NONPROFITS

Nonprofit Indian mobile application saves lives by matching blood donors with patients in need. Having experienced a personal tragedy due to a failed frantic search for blood donors, Sushil Lalwani started a new mobile application called MBLOOD to bridge the gap between donors and receivers and connect them in real time. MBLOOD has so far raised about US75,000 in funding for the application, which will be nonprofit-making. Since it was launched in January with just 150 members, MBLOOD has built a fast growing network of users and lists over 2,000 registered blood banks across India.

THE BUSINESSES

Samsung Electronics Indonesia donates solar-powered lanterns. Samsung Electronics Indonesia donated 3,000 solar-powered lanterns to two regencies lacking access to electricity, the East Kutai regency in East Kalimantan and the East Flores regency in East Nusa Tenggara. Following the donation, East Flores Regent Antonius Gege Hajon said, “It is just what we need. With these lanterns, children can study in the evening and women are able to finish their woven fabric orders faster.”

Coca-Cola launches Pakistan’s first ever digital donation drive. As an extension of the company’s “Bottle of Change” campaign which urges people to support the cause initiated by Abdul Sattar Edhi, Coca-Cola launched Pakistan’s first ever digital donation drive, the Coca-Cola Digithon. The Digithon went live on Coca-Cola’s Facebook page on June 5, 2018, hosting various celebrities and prominent figures to encourage the spirit of giving.

The Godrej Group reflects on its sustainability efforts over the last seven years. The results proclaimed by the Indian conglomerate, with operations in real estate, consumer products, industrial engineering, and other industries, are impressive. Among other achievements, the company has reduced its water consumption by a third, with 35% of water consumed being recycled. Greenhouse gas emissions have been reduced by 45%, with energy from renewable sources up to the same amount.

THE INNOVATORS

Online charity platforms in China attract one billion donors. According to the Ministry of Civil Affairs, China’s recent charity law that came into effect in September 2016 has helped attract more than one billion online donors. A report by the China Philanthropy Research Institute also noted that in 2017, the 12 online fundraising platforms approved by the Ministry of Civil Affairs have collectively raised over 2.59 billion yuan (US$405 million). With this increase in use of technology to encourage individual giving came the call for increased transparency and accountability to verify the authenticity of suspicious fundraising projects and initiatives.

THE VOLUNTEERS

Singaporean minister calls for increased volunteerism. In an effort to better address the issue of its rapidly aging population, Singapore hopes to double its volunteerism rate from one in three currently to 70% in five years’ time. At the Asian Venture Philanthropy Network’s (AVPN) conference, Miniter for Culture, Community and Youth Grace Fu said, “We hope for Singapore to grow as a giving nation with a volunteer in every household.”

THE TRUSTBREAKERS

Malaysian tax agency plans to re-investigate funds originally claimed to be a donation payment. The Inland Revenue Board (IRB) asys the RM2.6 billion (approximately US$651.72 million) allegedly received by former Prime Minister Datuk Seri Najib Razak is now subject to further examination. Based on previous findings, the amount received was found to be a donation payment and had no income characteristics to be taxed. The IRB is expected to work closely with other relevant government bodies and newly formed task forces.

Who’s Doing Good?

28 May 2018 - 3 June 2018

THE GIVERS

Three more Indian billionaires pledge to donate half of their wealth. The Nilekani, Shetty, and Bhusri families have joined the Giving Pledge, an initiative by Bill and Melinda Gates and Warren Buffett that encourages the world’s wealthiest individuals to commit to dedicating the majority of their wealth to philanthropy. Now in its eight year, the effort has expanded internationally with the addition of 14 philanthropists in the last year alone, bringing the total number of pledgers to 183 from 22 countries.

THE THINKERS

Gendered differences in impact investing? A new study by the Women’s Philanthropy Institute at Indiana University-Purdue University Indianapolis finds differences between men and women in their willingness to learn about, and participate in, impact investing. Overall, while men and women impact invest at similar rates, women are more interested in learning about impact investing, and are more likely to impact invest on top of their existing charitable giving.

“Effective altruism”: the head or the heart? To many, altruism is an appeal to the heart. The question of having their money well spent, however, is a perennial debate that seeming one can only agree to disagree: is making a wish come true for disease-stricken children a less worthy cause to buying bed nets for people in mosquito-infested area? This Economist article on ‘effective altruism’ continues the debate.

THE NONPROFITS

Nonprofits in Hong Kong push ahead temporary dwellings for people rather than profit. Hong Kong’s housing is one of the most unaffordable in the world, to the point that too many dwellers of the city can only afford to live in “cage housing”–small cubicle flats of 1.4 square meter s that cost an average of HK$1,500 (or US$192) per month, making them effectively more expensive than many of the posh apartments of Hong Kong. Nonprofits such as Society for Community Organisation (SoCO) are attempting to address the issue with their social housing scheme in a bid to provide temporary relief to those in need. Under the scheme, residents usually only have to pay rent of about a quarter of their household income, and are able to stay for a few years until they are allocated a public housing flat.

THE BUSINESSES

Enterprise Asia hosts its fourth International Corporate Social Responsibility Summit in Manila. Through its Asia Responsible Entrepreneurship Awards (AREA), Enterprise Asia rewards companies for responsible business leadership and outstanding CSR contributions. William Ng, Enterprise Asia’s president predicts that companies’ approaches are evolving and shifting towards a ‘shared value’ model, where companies find opportunities to solve societal problems while obtaining something in return, rather than focusing only on philanthropy: “Every organization on Earth will eventually migrate into the ‘shared value’ model. Everyone, without exception.”

THE INNOVATORS

The Gates Foundation launches a grant to better understanding how education works around the world. For a foundation known for big investments, the grant is comparatively small, at US$68 million. Yet, the fund is uniquely problem-first: it specifically tackles the challenge of comparing educational achievements between countries, with the goal of enabling greater knowledge sharing across borders. India is the grant’s pilot country, thanks to its wealth of local organizations with “enormous capability and expertise.”

THE VOLUNTEERS

62,000 employees from Korean steelmaker Posco volunteer in 53 nations in their annual “Global Volunteer Week.” This is the ninth year that the event has been held, with volunteers engaging in events both at home and abroad, as far as Thailand and Indonesia, contributing to projects such as enhancing energy efficiency in residential areas and assisting with coral reef rehabilitation.

THE TRUSTBREAKERS

Thai King revokes seven senior monks’ ranks for money laundering and alleged embezzlement. Five of the monks are being held in custody and were previously residents of three of Bangkok’s most popular temples. They are accused of siphoning tens of millions of baht from development and Buddhism study funds, amidst a sweeping investigation into corruption in temples countrywide.

 

Who’s Doing Good?

21 May 2018 - 27 May 2018

THE GIVERS

Singaporean foundation invests SG$12 million (approximately US$8.9 million) to support children from low-income families. Lien Foundation, a philanthropic foundation in Singapore, will be investing SG$12 million and boosting manpower to further expand an early childhood intervention program it pioneered in 2013. In cooperation with Care Corner Singapore, a nonprofit organization, the “Circle of Care” program supports pre-school children from less privileged families and helps parents with their children’s transition from pre-school to primary school. According to the foundation, the program is projected over the next five years to serve at least 1,800 children in at least 30 pre-schools.

THE THINKERS

“The trouble with charitable billionaires.” “More and more wealthy CEOs are pledging to give away parts of their fortunes – often to help fix problems their companies caused. Some call this ‘philanthrocapitalism’, but is it just corporate hypocrisy?” Carl Rhodes and Peter Bloom explore the answer to this curious case in their in-depth opinion editorial.

THE NONPROFITS

Four organizations in Singapore to provide charities with shared services. According to the Commissioner of Charities, four local organizations will provide shared services to help charities comply with regulations. The four organizations are the Chartered Secretaries Institute of Singapore (CSIS), Singapore Buddhist Federation (SBF), iShine Cloud (iShine), and the National Volunteer and Philanthropy Centre (NVPC). These shared services, which include assistance in electronic regulatory submissions, governance-related matters, talent management, and technology solutions, will particularly focus on helping smaller charities.

THE BUSINESSES

MetLife Foundation partners with Kiva to support entrepreneurs worldwide. MetLife Foundation has partnered with Kiva to support entrepreneurs around the world through an employee engagement campaign. Through this “Take Action” campaign, MetLife’s 23,000 employees in Asia will each receive a US$25 loan to help entrepreneurs start, sustain, and grow their businesses.

THE INNOVATORS

Indonesian ride-hailing company facilitates doing good during Ramadan. Go-Jek launched a #CariPahala program to facilitate its users to share and do something good for each other this Ramadan. For example, Go-Ride will make it easier for users to find the nearest mosque on the mobile application’s main page, while Go-Pay will allow users to donate money to the national alms agency.

THE VOLUNTEERS

More than 2,000 volunteers hit the beach in Hong Kong. On May 27, 2018, more than 2,000 volunteers convened in Hong Kong’s Lamma Island, one of the city’s outlying islands, for a large-scale beach trash clean-up to prevent plastic trash from killing sea turtles and other wildlife.

THE TRUSTBREAKERS

Death of girl in China triggers calls for better crowdfunding supervision. Yang Meiqin, a mother of five in Henan province, used Shuidichou, an online crowdfunding platform in China, to raise funds for her fourth daughter who was diagnosed with eye cancer. She raised more than 35,000 yuan (approximately US$5,474), but the funds were suspected to have been used solely for her son who has a cleft palate. The daughter died from the cancer, triggering calls for increased accountability and oversight in the crowdfunding space. According to the new Charity Law, online fundraising can only be conducted by platforms authorized by civil affairs authorities, but “online fundraising” does not include crowdfunding, which is a channel for individuals to raise money for personal purposes.

Who’s Doing Good?

30 April 2018 - 6 May 2018

THE GIVERS

Panda Express co-founder discusses donations to Caltech and underserved kids. Peggy Cherng, co-chair and co-CEO of Panda Restaurant Group born in Myanmar and raised in Hong Kong, spoke about her philanthropic donations to Caltech and for underserved children. With an engineering background herself, Cherng, along with her husband, pledged US$30 million to endow Caltech’s medical engineering department. She commented, “Our mission to help other people live better lives. With our support of Caltech, they can develop some devices to better people’s lives, that is something that touches our hearts.” Through their fast food businesses, the Cherngs also set up Panda Cares, the philanthropic arm of Panda Restaurant Group. Since 1999, Panda Cares has raised US$107 million, with US$89 million coming from in-store donation boxes. All proceeds go towards serving underserved children in health and education.

THE THINKERS

Debate on “the WhatsApp philanthropists.” “Social media is encouraging Indians to click for a cause. But should giving be about impulse or impact?” In her article, journalist Himanshi Dhawan touches on the rising trend of one-off giving via social media through a few simple clicks. Is the sheer amount of giving rising from this online philanthropy good on its own merit, or should we think about the more complex implications such as lack of regular giving?

Bill Gates expresses optimism about growing trend towards philanthropy in India. Bill Gates said he is encouraged by recent trend towards philanthropy in India and commended the example set by billionaire Azim Premji. “Well, I think Azim Premji and some others are pretty phenomenal in the example they’re setting. And they’ll do philanthropy, each person in their own unique way,” said Gates.

New index shows political uncertainty as greatest challenge to philanthropy. The Global Philanthropy Environment Index, released by the Indiana University Lilly Family School of Philanthropy, reveals that the political environment presents significant challenges to philanthropic activity. The average score measuring the political environment was the lowest average score of all five factors studied.

THE NONPROFITS

International nonprofit joins forces with computer manufacturer. Rise Against Hunger, an international hunger relief charity, teamed up with Lenovo Malaysia to provide free meals to those in need. In conjunction with Lenovo Malaysia’s inaugural Make A Difference week, more than 100 Lenovo employees participated in a meal-packing event for Rise Against Hunger. Over 20,000 meals were packed at the event, which were then distributed by Rise Against Hunger to local schools, as well as other programs promoting self-sufficiency.

THE BUSINESSES

Google.org donates US$3 million to support Indian teachers. Having set aside a dedicated fund of US$50 million to bridge the gaps between students in developed, developing, and underdeveloped nations, Google.org, Google’s philanthropy arm, has announced its second round of funding for education and learning institutions in India. In 2017, Google.org had already donated more than US$8 million to local charities. In 2018, Google.org will make two major donations and grants. First, Google.org will grant US$1 million to The Teacher App, which provides free learning and teaching material to teachers. Second, Google.org will grant US$2 million to Central Square Foundation to create more video resources that could assist those interested in learning.

Yum China launches book donation and exchange program in China. On May 2, 2018, Yum China launched the Pizza Hut Book Donation and Exchange Program at Pizza Hut restaurants across China. The company’s CEO commented, “By pioneering innovative CSR programs like this, we aim to make a positive difference to the lives of our customers and the communities in which we operate. Using our strong brand and scale, Yum China is in a privileged position to support government initiatives to encourage reading in the long term.”

THE INNOVATORS

UNICEF turns to cryptocurrency mining for fundraising. UNICEF Australia has launched The HopePage, which allows people to make a donation by keeping the web page open and using the computer’s processor to mine cryptocurrency.

THE VOLUNTEERS

Korean celebrities participate in Children’s Day donation program. MBC, a major television broadcasting station in Korea, is hosting its 28th annual New Life for Children donation program. For the past 28 years, it has delivered over ₩40 billion (US$37 million) in donations and aided treatment for 13,000 children. Korean idol groups, actors and actresses, and comedians are expected to participate in the program’s television show, concert, and other promotional events to help raise donations and awareness.

Beneficiaries contribute to annual Ramadan charity drive. Resulting from a collaboration of 17 Malay/Muslim organizations with the mission of helping the poor, needy, and less fortunate, the Tabung Amal Aidilfitri (TAA) Trust Fund launched an annual Ramadan charity drive to raise donations. The article highlights examples of low-income beneficiaries of the TAA Trust Fund, who also give back to the donation campaign as part of their religious culture of giving.

 

Who’s Doing Good?

9 April 2018 - 22 April 2018

THE GIVERS

Manny Pacquiao builds homes for the poor. World-renowned boxer, Manny Pacquiao, has revealed that he has been buying hectares of land to build two-bedroom houses in Sarangani and General Santos City to give them to the poor for free. Pacquiao has claimed that the beneficiaries of this free housing program have reached more than one thousand families.

Tata Trusts crosses Rs 1,000 crore in disbursals for 2017-2018. For the first time in its 126-year history, the Tata Trusts, India’s oldest and largest philanthropy initiative, will cross Rs 1,000 crore in disbursals in 2017-2018, doubling the amount from eight years ago.

Indian philanthropists support advancement of scientific research in India. The article highlights major philanthropic individuals and organizations that significantly contributes to the advancement of scientific research in India. Examples include the Tata Trusts, Wadhwani Foundation, and Kiran Mazumdar-Shaw.

THE THINKERS

“Making Indian Philanthropy Matter.” While celebrating the exponential increase in philanthropic giving in India, the article points out remaining challenges and obstacles, arguing that the charitable sector must “address the roots of inequality, nonprofit dependency on business, and an underdeveloped philanthropic system.”

THE BUSINESSES

Singaporean real estate developer serves as a role model for sustainability. City Developments (CDL), Singaporean real estate developer famous for being involved in some of the most iconic buildings in the city-state, is equally well known for its environmental sustainability. Knowing that buildings account for 40% of energy consumption and 30% of greenhouse gas emissions, CDL is contributing to providing clean, green, and health spaces for homeowners, tenants, and the public. Most notably, the company launched the CDL Future Value 2030 sustainable blueprint, raising its carbon emissions reduction target from 25% to 38% from 2006 levels by 2030.

THE VOLUNTEERS

“Hong Kong social entrepreneur who quit her job to help others on fighting inequality and saving the environment.” Keilem Ng, who stepped away from her lucrative career at a Hong Kong investment firm, is now helping others by fighting inequality and saving the environment. Working as a director of the Asian Venture Philanthropy Network’s Hong Kong office, Ng is also running various charities and projects such as “Eco Marine” and “Exchange and Empower” to promote marine education and research programs and to support female athletes in Nepal, respectively.

THE TRUSTBREAKERS

Korean police questions KT chairman in donation probe. Hwang Chang-gyu, Chairman of the Korean telecommunications company KT, was questioned by the Korean police over suspicions that the company made illegal political donations in exchange for favorable legislation, estimating that former and current KT executives may have paid around 90 legislators a combined ₩430 million (US$401.8 million) in illegal donations between 2014 and 2017.

Who’s Doing Good?

12 March 2018 - 18 March 2018

THE GIVERS

Hong Kong alumnus makes largest ever individual donation to Canadian university for health research. Edwin Leong, an alumnus of the University of British Columbia and a hotel and commercial property developer in Hong Kong, has donated C$24 million (some US$18.5 million) to fund research for healthy aging. Leong is currently chairman of Tai Hung Fai Enterprise, and the donation was made via his Tai Hung Fai Charitable Foundation.

Indian businessman and wife sell shares to fund the initial corpus of a charitable foundation. Krishnakumar Natarajan, chairman of the mid-tier information technology services firm Mindtree, and his wife Akila Krishnakumar sold shares worth over Rs32 crore (approximately US$5 million) to create the initial corpus for MELA foundation.

Major Hong Kong billionaire retires and plans to focus on philanthropy. Li Ka-shing, billionaire and now former chairman of CK Hutchison Holdings, announced his retirement from his businesses and handed over the conglomerate to his elder son, Victor Li. According to the article, Li will dedicate his time and effort towards philanthropic and charitable work, especially on issues related to healthcare and education.

Jackie Chan donates personal heritage collection. Jackie Chan, world-famous kungfu movie star, has donated historical buildings and antiques from his personal collection in China. He made this announcement as a member of the 13th National Committee of the Chinese People’s Political Consultative Conference at an annual session of China’s top advisory body in Beijing.

THE THINKERS

“Five years on, mandated philanthropy not delivering in India.” In this article, Amit Kapoor, chair of the Institute for Competitiveness, argues that mandatory CSR in India is not working and proposes solutions. The author points out how of the 5,097 companies that filed annual reports until the end of 2016, only 3,118 had done some CSR expenditure. What is worse, most of the CSR investments were made to the Prime Minister’s Relief Fund, and for the 2014-2015 financial year, only 74% of the prescribed CSR expenditure was spent by companies. All in all, due to a lack of strategic thinking for CSR, contributions to the country’s socioeconomic development are minimal at best. The author suggests a different way of thinking for CSR by particularly proposing ways to identify key issue areas relevant to businesses.

THE NONPROFITS

Singaporean charity raised SG$5 million (approximately US$3.8 million) last year from two initiatives. The Singapore Children’s Society, a charitable organization that helps kids in need, successfully raised SG$5 million last year from two major fundraising initiatives. First, “1000 Enterprises for Children-in-Need,” a CSR initiative that encourages firms to adopt the organization as their official charity beneficiary, raised SG$2.51 million. Second, “1000 Philanthropists,” which asks individuals to contribute SG$1,000 a year, raised SG$2.51 million.

THE BUSINESSES

Grab donates 200 reflective vests to Cebu City security volunteers. Grab Philippines donated over some 200 reflective vests for security volunteers under the Cebu City’s peace and order program. According to the company’s representative, the donation is part of its effort to help local government units with their security and transportation needs.

THE INNOVATORS

Korean social enterprises and nonprofits help make the arts accessible to all. The article highlights a growing number of small businesses and organizations in Korea that provide services in travel and content creation for the disabled. Special Arts, an art management company, represents and features a group of ten artists with intellectual impairments, while Peach Market, a nonprofit, offers tailored cultural content and activities to the intellectually impaired.

THE VOLUNTEERS

Foreign doctors perform charity surgeries in the Philippines. Known as “Operation Restore Hope,” a group of anesthesiologists, plastic surgeons, dentists, and nurses from Germany, New Zealand, and Australia provided free surgeries for 68 patients, mostly children, born with cleft lip and palate. This initiative was done in partnership with the Alay sa Kinabukasan ng Kapwa Pilipino Foundation.

THE TRUSTBREAKERS

Pakistan’s counter-terrorism agency to target suspicious charities. Pakistan’s National Counter Terrorism Authority (NACTA) signed an agreement with the Pakistan Centre for Philanthropy (PCP). As part of the agreement, organizations that comply with the PCP will be accepted to be placed on the NACTA’s whitelist of legally compliant entities. A NACTA official said the move would promote genuine charity and humanitarian assistance organizations in Pakistan and discourage public donations to dubious unregistered entities or individuals.

Who’s Doing Good?

5 March 2018 - 11 March 2018

THE GIVERS

Major Indian philanthropist increases his commitment to philanthropic initiatives. Azim Premji, Chairman of Wipro, merged his investment arm PremjiInvest with Azim Premji Trust, the holding entity for the endowment trusts that he set up as far back as 2001. With this merger, the corpus of funds has gone up to approximately US$12 billion (about Rs78,000 crore), more than 63% of Premji’s net worth.

Peking University appoints Hong Kong philanthropist as an Honorary Trustee. Dr. Lui Che-woo, Chairman of K. Wah Group, has been appointed by Peking University as an Honorary Trustee in recognition of his contributions to the university. Last year, Lui donated 120 million yuan (approximately US$19 million) to Peking University’s School of Life Sciences for supporting the construction of a new research building and the development of the School of Life Sciences. On top of his contributions to Peking University, Lui has been supporting various universities and educational institutions in Hong Kong, China, and North America.

Yu Holdings establishes endowment for curator in charge of The Costume Institute at the Metropolitan Museum of Art. Wendy Yu, Founder and CEO of Yu Holdings, has set up an endowment for the Curator in Charge of The Costume Institute at the Metropolitan Museum of Art. Andrew Bolton will assume the title of Wendy Yu Curator in Charge of The Costume Institute. Yu Fashion, under Yu Holdings, will roll out a program of initiatives with The Costume Institute in China, including a series of Bolton-led educational talks and aligning the Metropolitan Museum of Art with Chinese art and fashion communities.

Korean start-up magnate donates ₩5 billion (approximately US$4.7 million) to the Community Chest of Korea and becomes the biggest ever donor to the charity. Kim Bong-jin, the head of Woowa Brothers, a start-up that operates a widely used mobile application for food delivery, donated to the Community Chest of Korea for providing scholarships and support programs for students in need. With this donation, Kim became the biggest ever individual donor to the Community Chest of Korea.

Hong Kong High Court rules late tycoon’s entire estate can go to charity. The High Court validated the will of late billionaire philanthropist Yu Pang-lin giving his entire estate worth an estimated HK$10 billion (US$1.28 billion) to charity. Yu’s grandson Pang Chi-ping, the sole trustee of the Yu Pang-lin Charitable Trust, had asked the court in 2015 to override opposing claims raised by two other family members. The two later declared they would not challenge the will. Yu died three years ago and had said he would donate his earthly possessions to help those in need. Yu was the chairman of Foo Tak Development Company, president of Yu’s Charitable Foundation, and chairman of Shenzhen Panglin Hotel.

Melinda Gates announces a US$170 million plan to empower women. Gates, Co-chair of the Bill & Melinda Gates Foundation, announced the foundation’s plan to spend US$170 million over the next four years to help women exercise their economic power. “With a new focus on women’s economic empowerment, connecting women to markets, making sure they have access to financial services, and empowering them to help themselves, we aim to help tear down the barriers that keep half the world from leading a full life,” Gates wrote for Quartz.

THE THINKERS

Singaporean ministry plans to provide the elderly and working adults with “visibility guide” to create a safer environment for giving. The Ministry of Culture, Community and Youth will launch a new campaign in phases from June this year to provide visibility guides to the elderly and working adult donors. For example, hard-copy brochures of summarized relevant information about giving and organizations will be given to the elderly, while social media will be used as an information-sharing platform for working adults.

THE NONPROFITS

GiveIndia is striving to spread a culture of giving among Indians. GiveIndia, a nonprofit founded in 2000, is one of the oldest and largest giving platforms in India. Since its inception, it has brought over Rs300 crore (approximately US$46 million) in contributions to over 200 nonprofits across the country. To target a new generation of online Indian consumers, GiveIndia 2.0, an easy-to-use online giving platform where donors can choose from various monthly subscription-based giving options, was founded. So far, the new online platform has contributed more than Rs100 crore (approximately US$15.3 million).

THE BUSINESSES

Ford and Honda projects get top automotive CSR awards in the Philippines. The Driven To Serve Awards, an annual project of the Society of Philippine Motoring Journalists, recognizes CSR projects in the automotive industry, which have made the most impact on communities through four categories: road safety, community development, environment, and education and training. The highest Platinum awards this year were given to Ford and Honda. Other companies that were recognized include Toyota, Volkswagen, Hyundai, and Bermaz Auto.

THE INNOVATORS

Charity groups in Singapore may soon be able to use a mobile application for a volunteer. Telling Parliament about tapping technology to promote volunteerism, Grace Fu, Minister for Culture, Community and Youth, said, “We will study how to harness the power of technology for social good and provide a one-stop avenue… where Singaporeans, especially those with the desire to help but do not know where or how to start, can easily find volunteering opportunities.” Specific details and plans have not been announced.

THE VOLUNTEERS

Indian volunteer wins Commonwealth Points of Light award. Srishti Bakshi, founder of the CrossBow Miles movement, was recognized as the 26th Commonwealth Point of Light for her exceptional service to empowering women in India. She is leading a team of hundreds of female volunteers on a 3,800 km walk through India across 260 days. During the walk, Srishti also leads workshops for women in rural communities on digital and financial literacy, leadership, and health.

THE TRUSTBREAKERS

Scandal involving Japanese Prime Minister gathers momentum. A scandal over a controversial sale of public land to Moritomo Gakuen, an educational foundation alleged to have connections with Japanese Prime Minister Shinzo Abe and his wife Akie, is gathering momentum. After the Asahi Shimbun reported last week that finance ministry documents relating to the sale were altered before being submitted to lawmakers for inspection, Nobuhisa Sagawa, who oversaw a division in the Finance Ministry involved in negotiating the land sale, resigned from his current role as head of the National Tax Agency. The newly resurfaced scandal may have impact on the looming re-election fight for Abe and the future of his current cabinet.

Who’s Doing Good?

26 February 2018 - 4 March 2018

THE GIVERS

President and First Lady of Korea donates to Winter Olympics figure-skating pair. President Moon Jae-in and First Lady Kim Jung-sook each donated US$500 to a crowdfunding campaign for figure-skating pair Min Yu-ra and Alexander Gamelin, who shared stories of how they worked part-time to cover training expenses due to lack of private and public funding. With the news of this donation from the President and the First Lady, the campaign was able to receive widespread public spotlight and has raised over US$100,000 so far.

Korean gaming company launches charitable foundation. Nexon, a major gaming publisher in Korea, launched the Nexon Foundation, donating ₩5 billion (US$4.7 million) from the company’s funds. The foundation will lead the company’s CSR efforts and initiatives, including the construction of a children’s rehabilitation hospital. Kim Jung-wook, vice president of the company, will serve as the Chairman of the foundation. The foundation will also push for projects outside of Korea under a separate entity, Soho Impact.

THE THINKERS

UNDP says Indonesians have the potential to donate US$16 billion through zakat to support the Sustainable Development Goals (SDGs). UNDP Indonesia has launched the Innovative Financing Lab, a Country Support Platform that aims to contribute to the SDGs by harnessing the country’s potential for religious giving and private investment. According to UNDP Indonesia, 79% of Indonesians donated money in the past month, and if every eligible Muslim pays US$74 annualy, the country could generate US$16 billion. UNDP Indonesia will also partner with BAZNAS, the state zakat collection agency, marking the first time a zakat organization committing to the SDGs.

Manish Dubey explains “why middle-class India hates NGOs.” In his opinion editorial, Dubey argues that middle-class Indians hate NGOs primarily due to their advocacy-oriented activities against the government’s development agenda and due to raising their issues of concern in the international arena. These two behaviors, according to Dubey, portray NGOs as “anti-development” and “treasonous.” “At the heart of middle class Indians’ contempt for NGOs lies the fear that NGO action may at some point in time achieve the re-setting of power balances and the re-ordering of development priorities it aspires to.”

In collaboration with Dasra, Bain & Company releases its eighth annual India Philanthropy Report. Through case studies and in-depth interviews with more than 33 philanthropists, Bain & Company identified four key mindsets that will help philanthropists achieve their full potential. Most notably, the management consultancy has recommended that philanthropists adopt a “future back” lens in planning their philanthropic journeys. That is, they should begin with a greater, long-term vision and work backwards to identify key steps necessary to execute the vision.

Two Singaporean Members of Parliament (MPs) propose to allow people to donate their government-granted one-off hongbao (red envelop of monetary gift). In this year’s government budget, Singapore announced it will grant a one-off hongbao of between SG$100 (approximately US$75) and SG$300 (approximately US$227). Two MPs, Denise Phua and Lim Wee Kiak, proposed that the government allow Singaporeans to choose if they want to donate this money to charity, arguing that their proposal is in line with one of the focuses of this year’s budget in fostering a spirit of giving. Lim added that the government should also provide dollar-for-dollar matching to incentivize this proposed hongbao giving.

THE NONPROFITS

Hong Kong organization highlights the concerning issue of homeless people who spend their nights in McDonald’s. According to a study by the Society for Community Organisation (SoCO), the number of homeless people who spend their nights in McDonald’s, often known as McSleepers or McRefugees, has increased by 50% in three years. SoCO has also highlighted the issue of vulnerability of women within this group of people, finding that 11.2% of the people surveyed in its study were women. SoCO has called on the government to provide more subsidized dormitories for women and in the long run, to turn vacant public spaces into social housing.

THE BUSINESSES

Korean pharmaceutical company aligns sales performance and strategy with social contribution. Under the “Action Contribution Campaign,” Dong-A ST will set aside a donation fund whose amount will depend on the number of client visits made by the company’s in-house sales representatives. The campaign will last until October 2018, and the company plans to donate the funds to a charity organization on December 1, 2018, the anniversary of the Dong-A Socio Group.

Small market research firm overcomes size with pro bono work in giving back to the community. Toluna’s Singapore office was not stopped by its lean team of 15 staffers in doing good. Unable to schedule manpower to take time off for consistent volunteering, Toluna as a firm decided to instead provide pro bono use of its expertise and services. Experienced in digital analytics, Toluna has worked in collaboration with the National Volunteer and Philanthropy Centre to provide quality data analysis helpful for encouraging people to start giving back to society. With upcoming expansion in the region, Toluna is looking forward to being involved in hands-on volunteering projects as well.

Korean retail conglomerate donates ₩240 million (US$222,000) as reward money to national curling team. Shinsegae announced its decision to give funding in rewards to the country’s national curling team. The prize money will be given to 21 members of the national team, including 12 athletes and the coaching staff. Shinsegae’s involvement in the curling sport in Korea dates back to its first sponsorship agreement with the Korea Curling Federation in 2012.

THE INNOVATORS

Code for Nepal comes up with Merobook, an online platform for book donation. Lack of access to basic educational resources such as textbooks is a major challenge facing students in Nepal, particularly those in remote areas. Even government-owned publishing organizations are not able to deliver the books on time. Code for Nepal has come up with an alternative solution, an online book donation platform where students in need can communicate with book donors to find their own ways to receive the necessary materials.

THE VOLUNTEERS

Filipino volunteers help with Greenpeace “Rainbow Warrior” ship’s journey around the country. “Rainbow Warrior,” Greenpeace’s iconic environmental awareness campaign ship, arrived in Manila last month for a 20-day tour around the country to promote climate justice. The article highlights several volunteers from different walks of life across the country who have come on board to support the cause of climate justice.

THE TRUSTBREAKERS

Chinese ministry identifies suspicious NGOs. Since the beginning of the year, the Ministry of Civil Affairs has identified about 250 suspicious NGOs in the country. A staff member said that the list of names was released to alert the public about potential fraud. Oftentimes, the names of these NGOs would contain “China,” “national,” “global,” or “UN,” all of which suggest government endorsement, affiliation, and support. According to the ministry, more than 300 fakes and illegal organizations have been banned in the last three months.