Who’s Doing Good?

7 January 2019 - 11 January 2019

THE GIVERS

Need for innovation and imagination more pressing as India’s social sector matures, says philanthropist Rohini Nilekani. Recent developments in the Indian philanthropic ecosystem are cause for excitement, according to Indian philanthropist Rohini Nilekani. She mentions the India Leaders for Social Sector as a vital ecosystem enabler, training citizens to serve as future leaders in the social sector. However, a trust deficit between donors and civil society is yet to be alleviated—philanthropists are often unsure about the impact that their contributions will create. Despite this uncertainty, Rohini claims philanthropists are in the best position to embrace innovation. Unlike the government, the wealthy can afford to take risks, contributing to areas such as climate change.

THE THINKERS

International conference recognizes the role of social workers in Indonesia’s health sector. Titled the “International Conference on Social Work in Health and Mental Health,” the conference is the brainchild of Dr. Adi Fahruddin, a social welfare professor at Muhammadiyah Jakarta University’s School of Social and Political Sciences. Fahruddin opines social workers are rarely credited for their work in the health sector despite heavy involvement. Social workers are also notable for their diverse perspectives and tools which they acquire in training alongside other professionals. Apart from crediting them for their work, the conference explored the potential of social workers in building the future of health management in Indonesia. 

THE NONPROFITS 

Indian nonprofit to light up the 400th village with solar power. Chirag Rural Development Foundation is set to light up its 400th village in India with solar power. Founded in 2010 by Professor Prathiba Pai, the Indian charity has so far introduced solar lamps in 16,000 homes, covering 100,000 people across seven states in India. “We used solar power for lighting up homes, street lighting, and now have solar-powered lift irrigation to water the fields for farming also, “said Pai. Chirag also involves the youth in this cause. “We take our college students on field trips to these villages to sensitize them about the scenario in rural India,” she said. By 2020, the organization wants to light up 15,000 more homes in the country, taking their total to 30,000 homes and impacting 200,000 lives. 

THE BUSINESSES

SingPost launches a home-visiting initiative for the elderly. National postal operator SingPost has commenced its Postman Home Visits initiative, in which postal carriers volunteer to check in with elderly customers while making their delivery rounds. Following the success of the pilot program last year, SingPost will gradually roll out the initiative to all districts across Singapore. During their visits, the volunteers make simple observations about the elderly under their charge and fill in a checklist for the relevant social service agency overseeing the area, updating on the elderly’s mental and physical well-being. Woo Keng Leong, SingPost’s CEO, said, “Postal workers have been a ubiquitous part of the community for more than a century. The Postman Home Visits initiative is a natural extension of their service to the community, as it offers kind-hearted staff the opportunity to do good during the course of their work.”

Kirin restructures donation policy after Amnesty report. Between September and October 2018, Kirin’s subsidiary, Myanmar Brewery, made three donations totaling US$30,000 for humanitarian purposes, which an Amnesty International report suggested were actually given to the Myanmar military linked to war crimes in Rakhine State. In response, Japanese brewer Kirin has tightened its donation policy and will facilitate a human rights impact assessment on its operations. The firm’s plan includes suspending donations made Myanmar Brewery, tightening its donation policy, holding regular internal audits to ensure the new policy is being followed, and conducting a human rights impact assessment on its operations by an external independent consultant.

THE INNOVATORS

New online shopping mall to donate up to 40% of each sale to social projects. The Korea National Council on Social Welfare and Vastan Co., Ltd. developed a new online shopping mall to connect “good consumers” and “good suppliers” and to make social contributions. Known as the Value Creator Platform (VCP), the online shopping platform allows customers to select various social projects at the time of purchasing a product, whose supplier will donate 20-40% of each sale to the designated project. All donations collected will be used for charitable projects dedicated to helping children, teenagers, persons with disabilities, multicultural families, and other vulnerable groups. Seo Sang-mok, president of the Korea National Council on Social Welfare, said, “ VCP is at the center of innovation that could generate new values at the dawn of the Fourth Industrial Revolution, where consumption means social contribution.”

Creative public donation machines arrive in Taiwan’s Hualien. Ten interactive public donation machines, which are each designed in the shapes of different popular dolls, were jointly launched by four charitable organizations and 7-Eleven for the benefit of poor and lonely senior citizens in Taiwan. Inserting coins or bills into the slots of the machines initiates an arm-wrestling match with the machines, and if defeated, the machines award a special “sticky monster” card. Since December 2018, the ten machines have toured Taipei, Taichung, Chiayi, and Kaohsiung, having attracted more than 50,000 people to contribute.

THE TRUSTBREAKERS

Korean animal rights charity caught secretly exterminating hundreds of rescued dogs. Coexistence of Animal Rights on Earth (CARE), a leading animal rights group in Korea with some 23,000 members and around ₩2 billion (approximately US$1.8 million) in annual donations, was leaked to have killed 230 rescued dogs—despite a declared no-kill policy—because of a shortage of shelter space and to ensure a continued stream of donations. This figure was equivalent to around a quarter of the animals the group rescued in the same period. Only 10% of the 230 dogs were suffering from incurable illnesses, and most were killed due to their large size. On the other hand, the organization’s head, Park So-yeon, refuted that a “small number” of exterminations had been “inevitable” since 2015 due to a “surge in requests for rescue missions” and that only severely aggressive ones or those with incurable illnesses were killed. Staff members of CARE, who originally leaked the story to a local news outlet, mounted a protest in the organization’s offices on the weekend to demand Park’s resignation.

Who’s Doing Good?

17 December 2018 - 23 December 2018

THE GIVERS

Hong Kong Tatler profiles Li Ka-shing, one of Asia’s most influential businessmen and philanthropists. Born in 1928 in Chaozhou, Guangdong, Li Ka-shing rose from humble beginnings, sweeping floors in factories and caring for his ailing father after his family migrated to Hong Kong. His business acumen led to a successful plastic flower manufacturing business and, eventually, a real estate empire. In May 2018 the former chairman of CK Hutchison Holdings retired after 68 years in business, and pledged a third of his wealth to philanthropic projects. Despite his vast net worth, Hong Kong’s richest man is popular for maintaining a humble outlook and engaging in philanthropy. The Li Ka Shing Foundation is considered second in influence only to the Bill & Melinda Gates Foundation, with contributions totaling HK$20 billion (approximately US$2.5 billion) in a range of areas including education and social development.

THE THINKERS

Indian companies rally to support Arianna Huffington’s mental health initiative, Thrive. During a recent trip to India, the acclaimed businesswoman and author won the support of several Indian companies as well as the Indian chapters of American Express and Microsoft. These companies are now finalizing a partnership with Huffington’s productivity and well-being platform, Thrive Global, through which they will receive coaching on creating a positive work culture for employee well-being. Thrive Global centers efforts on alleviating stress and burnout, which it sees as a modern epidemic. Arianna Huffington is recognized as a strong advocate for addressing this issue. Her 2014 book, “Thrive: The Third Metric to Redefining Success and Creating a Life of Well-Being, Wisdom, and Wonder”, was a New York Times bestseller.

THE NONPROFITS

Rockefeller Foundation vows to encourage collaborative problem solving in Asia. Deepali Khanna, Managing Director of the foundation’s Asia office, says that collaboration as a means of generating impact will underscore their work in the region for the next few years. A collective mandate for all stakeholders, from philanthropists to corporations to governments, can help streamline deliverables as well as align impact measurement. The Foundation’s Smart Power for Rural Development initiative, worth US$75 million, has helped bring together seven energy companies as well as local and national governments to expand grid systems in a cost effective and decentralized manner.

THE BUSINESSES

Operation Santa Claus raises HK$7.6 million (approximately US$980,000) in Hong Kong. Morgan Stanley, Toys ‘R’ Us, and Swire Pacific are among the many businesses participating in this year’s Operation Santa Claus, an annual charity drive to support the needy in Hong Kong. Over a hundred Morgan Stanley employees participated in various activities to raise a record HK$3.55 million (approximately US$453,000). Toy retailer Toys ‘R’ Us is offering gift-wrapping services in exchange for donations. Individuals can also donate to the drive directly. Operation Santa Claus is a collaboration between the South China Morning Post newspaper and Hong Kong public broadcaster RTHK. Since its inception in 1988, the charity drive has raised a total of HK$290 million (approximately US$37 million).

Corporate social responsibility (CSR) spending in India jumps 14%, and is expected to reach ₹500 billion (approximately US$6 billion) by March 2019. A law requiring companies valued at over ₹5 billion (approximately US$71 million) to spend 2% of average net profits on CSR is bearing fruit. The increase in CSR spending is providing cover to India’s poor, estimated to number north of 170 million. An example is India’s biggest automaker, Maruti Suzuki, partnering with Gujarat-based hospital, Zydus, to set up a polyclinic. In Haryana, Maruti Suzuki has also set up automated water dispensing facilities. Clean water can be purchased from these facilities at one-thirtieth the retail price. Other notable initiatives in fulfilling the CSR law have included an AIDS campaign led by the Tata Group and an agricultural technology program funded by HDFC Bank.

THE INNOVATORS

Millennials are at the forefront of surge in social enterprises in Indonesia. A recent study commissioned by the British Council and the United Nations Economic and Social Commission for Asia and the Pacific notes rapid growth in Indonesia’s social enterprise ecosystem. Over 70% of the sampled enterprises were set up in the last two years, and almost half of all leaders are aged between 25 and 34. This sharp rise in social enterprises is having a positive impact on the economy and society. The number of full-time workers employed by the sector is up by 42% since 2016, and 20% of all enterprises target creative industries (including crafts and knowledge generation) considered key in modern development. Gender equality has also benefited: the growth of social enterprises has led to a 99% increase in the number of full-time females employed by the sector since 2016. Despite this surge, financing remains difficult to access, indicating that efforts to support the ecosystem must continue.

THE VOLUNTEERS

Filipino volunteer crowned Miss Universe 2018. During the final question round of the pageant, Catriona Elisa Gray from Philippines, said, “I work a lot in the slums of Manila and life there is very poor and sad. I have always taught myself to look for the beauty in it, to look for the beauty in the faces of the children, and I would bring this aspect as a Miss Universe to see situations with a silver lining and to assess where I could give something and provide something.” Gray was noted for being an HIV/AIDS advocate at Love Yourself, an advocacy and awareness NGO in the Philippines as well. She has also served as a teaching assistant at Young Focus which provides education to underprivileged children.

Who’s Doing Good?

10 December - 16 December 2018

THE GIVERS

Hong Kong Tatler names top 50 Asian philanthropists. The list features 50 of the most notable Asian philanthropists who have established charities or contributed generously to society through their donations. This year sees Li Ka-shing, Hong Kong’s richest person, topping the list. Through his foundation, Li has committed to donating approximately US$10 billion, a third of his fortune. Other notable philanthropists on the list include Ronnie Chan, Lui Che-woo, and Peter Woo. Chan, chairman of the Hang Lung Group, made the largest donation to Harvard University when he donated US$350 million in 2014. Contributions from these 50 individuals span a variety of domains, including the arts, education, cancer research, disaster relief, and poverty alleviation.

THE THINKERS

Mainstreaming of impact investment necessary to meet funding gap in achieving Sustainable Development Goals. A podcast hosted by Knowledge@Wharton featured observations from Fran Seegull, executive director of the United States Impact Investing Alliance, and Jonathan Wong of the United Nations Economic and Social Commission for Asia and the Pacific. The experts argue that private investment can not only meet the current funding gap, but also do so in a more sustainable fashion. According to Seegull, however, only the right mix of supportive and mandatory policy instruments can encourage this investment. Governments, therefore, must balance providing incentives and simultaneously preventing unnecessary bureaucratic hurdles. Wong adds that greater rigor in measuring social impact can assist governments in creating relevant evidence-based policy instruments, as well as informing and motivating investors with a clearer idea of potential returns.

Ronnie Chan and Ruth Shapiro’s pioneering journey to understand and promote Asian philanthropy. Ruth Shapiro, chief executive of CAPS, credits Ronnie Chan, one of Asia’s leading philanthropists, for his generous support in establishing CAPS. As per the interview published by Hong Kong Tatler, the modern Asian context served a precursor to CAPS. Chan and Shapiro saw that the exponential increase in private wealth across the region brought with it an increasing desire to give back to society. In order to facilitate this growing interest in philanthropy, CAPS launched its inaugural flagship research, the Doing Good Index, which seeks to measure the regulatory, fiscal, and societal infrastructure and ecosystem that makes it easier to “do good.”

Regaining public trust key to businesses and governments meeting societal goals. At two events organized in Singapore by French business school INSEAD, participants agreed that alleviating a rampant trust deficit was essential to creating social impact. The 2018 Edelman Trust Barometer finds that trust in businesses, governments, and media remains dismal, as 60% agree globally that CEOs are driven by greed rather than a desire to “do good.” Singapore’s Minister for Trade and Industry, Chan Chun Sing, recommended that businesses and governments embrace rules-based trading, implement meritocracy, and place societal interests before personal ones to regain trust. Peter Zemsky, deputy dean of INSEAD, argued that training business leaders to understand the relationship between business and society rigorously would also help regain lost trust.

THE NONPROFITS

Habitat for Humanity to raise funds through Indonesia Masters to support tsunami and earthquake victims. Founded in 1976, Habitat for Humanity, an international nonprofit, is serving as the sustainable partner for the 2018 Asian Golf Tour. As part of this partnership, Asian golfers took upon the role of ambassadors during the season to raise awareness about the nonprofit’s work. At the Indonesia Masters, spectators and golf enthusiasts will be able to contribute by purchasing merchandise and participating in charity games. The defending champion of the event, English golfer Justin Rose, has already donated US$50,000 to the nonprofit’s work in Indonesia for rehabilitating those affected by the recent tsunami and earthquake in Sulawesi and Lombok.

THE BUSINESSES

Impact investment asset manager Aavishkaar-IntelleCap Group receives ₹32 crore (approximately US$32 million) in investment from Nuveen, an American asset management firm. Nuveen’s investment will be used by Aavishkaar-IntelleCap to further increase its stakes in its subsidiaries. Nuveen is the investment arm of the Teachers Insurance and Annuity Association (TIAA) and holds over US$950 billion in assets. Aavishkaar-IntelleCap, based in India, is considered one of the world’s largest impact investing firms and offers a range of services including microfinance, equity financing, and consulting. The current investment by Nuveen follows Aavishkaar-IntelleCap’s efforts to raise US$300 million for its fund focused on Southeast Asia, which scouts opportunities in Vietnam, Indonesia, Myanmar, and Laos. Founded in 2001, Aavishkaar-IntelleCap currently manages a portfolio worth US$155 million spanning high-impact businesses at various stages of growth.

Indian personal care company, Himalaya, releases film to raise awareness about cleft-affected children. Titled “Ek Nayi Muskaan” (loosely translated to “A New Smile”), the film documents the story of Munmun, an eight-year-old girl from a village near Lucknow, India. Each year, over 35,000 babies are born in India with cleft lip and/or palate, and fewer than half receive treatment due to ignorance or poverty. Children with this condition are known to face difficulties in eating, breathing, and speaking. The surgery required is considered safe, immediate, and transformative. Munmun is shown in the film to receive support from “Muskaan,” an initiative of Himalaya in partnership with Smile Train, a global nonprofit headquartered in New York City. As part of the initiative, money from every purchase of a Himalaya lip-care product will be donated for this cause.

THE TRUSTBREAKERS

Ex-Malaysian Deputy Prime Minister charged for criminal breach of trust involving charity organization. Beleaguered former Malaysian Deputy Prime Minister Ahmad Zahid Hamidi was found to have misappropriated funds worth RM10 million (US$3.2 million) originally meant for Yayasan Akalbudi, his personal charity organization. The loan was discovered to have been passed to Armada Holdings, a Malaysian conglomerate. The current Criminal Breach of Trust ruling sees the number of charges against Hamidi swell to 46, amounting to a total of RM223 million (approximately US$53 million).

Chinese businessman jailed for running a pyramid scheme in the name of the poor worth RMB 20 billion (approximately US$2.9 billion). Zhang Tianming and 17 other individuals associated with him have been found guilty of running a pyramid and multi-level marketing scheme, which affected nearly six million people. Zhang’s company had lured investors with promises of high rates of return on projects that were meant to help the poor, but had instead paid out early members purely using funds from new joiners, a court investigation found.

Sexual abuse in the Nepali aid sector puts children at risk. The arrest of five foreign aid workers over the last year for alleged sexual abuse of children in Nepal has escalated fears that the country has become a target of pedophiles. These individuals are thought to be working under the cover of aid work or philanthropy. The most high-profile case of this alarming trend is that of Canadian aid worker Peter Dalglish. After spending nearly 20 years helping some of the world’s poorest children, Dalglish was arrested this year, and police found two boys, aged 12 and 14 respectively, inside his residence. Lori Handrahan, a veteran humanitarian worker, opines that these cases are merely the tip of the iceberg, suggesting that more or such incidents are to come and to be revealed.

Who’s Doing Good?

12 November 2018 - 18 November 2018

THE GIVERS

Forbes releases “2018 Heroes of Philanthropy,” shedding light on Asia’s leading do-gooders. In its twelfth iteration now, Forbes’ “2018 Heroes of Philanthropy” highlights entrepreneurs, executives, and celebrities who have made considerable philanthropic contributions in the previous year. With a total of seven representatives on the 40-member list, India and China have produced the highest number of “heroes,” while Singapore, Korea, Taiwan, and Australia follow with three to four members each.

Elderly couple in Korea donates millions to Korea University to fund scholarships for students in need. Kim Yeong-seok and Yang Young-ae have decided to make a property donation worth ₩40 billion (US$35.3 million) to Korea University for funding need-based scholarships. After the announcement of their donation, many expressed their concern over whether the university might misuse the funds for its own gains, but university officials clearly stated that they will make sure the money goes to students in need. “All the income from the building will be used to give scholarships to students in need. We all know how hard it was for the couple to accumulate such wealth, which is why we will make sure that no penny goes to waste,” said Yoo Byung-hyun, vice president for development, external affairs, and capital planning at Korea University.

Singaporean university gets SG$4 million gift from late philanthropic couple. Nanyang Technological University (NTU) in Singapore is the latest institution to benefit from a late elderly couple who had donated millions of dollars to several charitable causes. The SG$4 million (approximately US$2.9 million) gift will help fund NTU’s development of teachers, with the introduction of scholarships for master’s degrees and grants for trainee teachers at the university’s National Institute of Education. The scholarships will be named after the couple: Mr. Ong Tiong Tat, 74, who died in 2013, and Madam Irene Tan Liang Kheng, 73, who died in 2016.

THE THINKERS

Trust deficit to blame for the slow growth of Indonesia’s social sector. Billionaires in Indonesia continue to enjoy enormous growth in wealth in spite of economic downturns, but philanthropy, on the other hand, has not taken off, highlighted Ruth Shapiro, founder, and chief executive of CAPS. According to Shapiro, who spoke as a panelist at the Indonesia Philanthropy Festival, the trust deficit between givers and charitable organizations is primarily to blame. Unlike the private sector, the entire charitable sector is painted as corrupt in the wake of major public scandals, and a lack of purported transparency can often reflect capacity constraints and not actual corruption. Shapiro also stated that Indonesia’s unsupportive regulatory environment is an additional impediment.

THE NONPROFITS

Pakistani nonprofits face funding squeeze and delays in approvals as state paranoia peaks. According to the author, the Pakistani government, in its recent condemnation of the entire social sector, has failed to differentiate between legitimate social service providers and those involved in terrorism financing. For the government, nonprofits are increasingly viewed as fronts for international “agents” with “ulterior” motives. The ensuing clampdown has involved making it difficult for charities to access financing and to obtain government approvals for projects. This article paints a bleak picture for Pakistan and its social sector, as this tightening slows the country’s progress in core development areas such as education and health.

THE BUSINESSES

The Business Times releases “Champions of Good 2018.” Through a seven-part series, The Business Times spotlights best practices in volunteering and philanthropy from Singapore. Some of the areas covered by this wide-ranging series include CSR programs which tap into companies’ skills and resources to drive change and impact measurement as a tool to learn and refine social work. Across these seven articles, a myriad of organizations—mostly corporate, as well as nonprofits—are studied and showcased as role-model examples of doing good.

UNIQLO partners with International Rescue Committee (IRC) and Sesame Workshop to support refugees. Under this proposed partnership, customers at UNIQLO outlets will be able to shop for “Cards for Hope,” which are special greeting cards that feature artwork by Syrian refugee children in Lebanon. All proceeds will be channeled towards the Sesame Workshop and IRC’s early childhood development programs in Iraq, Jordan, Lebanon, and Syria. Promotional campaigns seeking to raise awareness of the grave humanitarian crises surrounding refugees will also be conducted through drawing workshops at UNIQLO outlets participated by elementary school groups and Sesame Street characters.

THE INNOVATORS

Alipay launches “Social Innovation Challenge” in partnership with the National University of Singapore (NUS) Enterprise. The initiative seeks to attract, promote, and support digital technology innovations geared towards social good in Southeast Asia. As part of the challenge, individual innovators and entrepreneurs will receive up to SG$50,000 (approximately US$36,000), as well as a complete suite of support services from mentoring to acquiring access to potential investors. Ant Financial, the parent company of Alipay, and NUS Enterprise, the entrepreneurial arm of one of Asia’s leading universities, have committed in a joint effort to tap into their rich networks and share their resources in order to support aspiring entrepreneurs focused on creating positive social impact. 

Hong Kong Tatler lists five impact funds and ventures that contribute to social well-being. First, on the list, The Rise Fund was setup by TPG, the world’s biggest private equity firm. The fund is worth US$2 billion and makes investments in areas such as education, healthcare, and energy. Hong Kong Tatler also features a sustainable rubber plantation in Indonesia worth US$95 million and owned by Michelin and Indonesia’s Barito Group. Responsible meat producers such as Impossible Foods and companies in the electric vehicle sector also made the cut.

THE VOLUNTEERS 

Japanese teen volunteers and funds library in Cambodia. Miyu Ozawa, now 16, saved every New Year’s gift money and decided to use the collected funds for a good cause. Having spent her spring vacation following her graduation from junior high school, she worked as a volunteer on a 10-day tour in Cambodia, where she helped with classes at a primary school. After returning to Japan, Ozawa began thinking about building a library in Cambodia because it appeared that while the country had schools, it did not have enough teachers or teaching materials. “Books will give you a first step for studying on your own,” said Ozawa.

THE TRUSTBREAKERS

Arrest of fake Chinese monk in Myanmar highlights the increase in sham begging. Ashin Dhamma Rakhita, associated with the Guan Yin San Tart Pain Temple in Yangon, Myanmar, has stated and clarified that monks do not and should not engage in commercial activities or ask for donations. In recent days, individuals in the garb of monks have appeared in markets, schools, and restaurants in Yangon, publicly asking for donations and selling beads. Videos on social media of their activities have also been doing the rounds. As a result, authorities have arrested one such trickster, while a few have returned to China.

Who’s Doing Good?

29 October 2018 - 4 November 2018

THE GIVERS

Korean star soccer player Son donates to the military before Asian Games win. Son Heung-min, a professional soccer player who plays for Tottenham Hotspur in the English Premier League and who captains the Korean national team, donated around £70,000 (approximately US$90,100) to his country’s armed forces prior to the victory in this year’s Asian Games, which allowed him to be exempted from Korea’s mandatory military service. “Son Heung-min called us by himself saying he’d like to make a donation for Korean soldiers and their families,” Kookbang Ilbo, the army’s official daily newspaper, revealed.

THE THINKERS

Indonesia tops the World Giving Index 2018. Through a survey of over 150,000 people in 146 countries, this year’s World Giving Index by the Charities Aid Foundation places Indonesia as the most generous country, followed by Australia and New Zealand. Singapore and Myanmar are Asia’s other representatives in the Index’s top ten at seventh and ninth, respectively. Termed as “quite remarkable,” Singapore turned around its poor showing in previous versions of the Index, jumping 23 spots from its standing in 2017, a change led primarily by increased volunteering. Myanmar had topped the Index in 2017, and Indonesia was placed second.

THE NONPROFITS

BTS’ UNICEF “Love Myself” campaign raises over US$1.4 million. Last year, BTS, a globally popular K-Pop group, teamed up with UNICEF Korea for their “Love Myself” anti-violence campaign, and it was recently revealed that the initiative had raised over US$1.4 million. “In the year since UNICEF and BTS joined together to eradicate violence against children, we have raised over ₩1.6 billion,” said UNICEF Korea in a statement.

Hong Kong nonprofit raises US$2 million for the Philippines’ poorest. Through a number of auctions and activities held in Hong Kong as part of the “Stepping Free from Poverty” banquet, the International Care Ministries (ICM) managed to raise US$2 million. Founded in 1992, the ICM is the brainchild of interior designer Sharon Tang. The Hong Kong charity provided training and resources to its one millionth family this year, and the money raised will be utilized to bring the next million out of extreme poverty. 

THE BUSINESSES

India’s CSR funding set to reach Rs20,000 crore. CSR funding in India is poised to grow to Rs20,000 crore (approximately US$274.9 million) over the next three years. That is the estimate made in a new report by the Indian School of Development Management in association with Sattva Consulting which also says CSR funding has been growing at the rate of 9% per year. With 33 lakh nonprofit institutions employing over 1.82 crore individuals, supported by contributions from funders, enabling organizations, the government, and businesses, India’s development sector is one of the largest and most active social economies in the world. It also has a huge potential to become an aspiring and mainstream career option for India’s young leaders and managers.

12,000 Samsung employees participate in the company’s Global Volunteer Month. Each year in October, Samsung employees all over the world look to give back through volunteering and community engagement. This year, across regions and countries such as the United States, Latin America, Sweden, Italy, Turkey, China, Myanmar, and Thailand, a total of 12,000 volunteers engaged in the program and contributed to diverse areas such as education, immigrant integration, school refurbishments, and cyberbullying among others.

THE INNOVATORS

Blockchain-based plastic recycling centers in Indonesia. Plastic Bank recently partnered with SC Johnson to open plastic recycling centers across Indonesia. Recent scientific data revealed that Thailand, the Philippines, China, Indonesia, and Vietnam are responsible for more than 55% of the plastic waste found in the ocean. The organization plans to open eight plastic waste collection centers across Indonesia by May 2019. The program aims to act as a means of income for the local waste collectors who live below the poverty line and also to encourage recycling. The collectors can bring the plastic they collect to the center and receive digital tokens in exchange.

THE VOLUNTEERS

President of Singapore promises more opportunities for senior volunteers. President Halimah Yacob announced yesterday that the newly appointed National Centre of Excellence in Senior Volunteerism, RSVP Singapore, will reach out to more of those in their mid-50 and 60’s to encourage them to volunteer with local charities and other organizations such as hospitals. Currently, about 60% of the organization’s 2,500 senior volunteers are in their mid-50 and 60’s. The organization will tailor its programs to suit the group of volunteers. “Some are likely to be IT savvy, higher educated, and have a stable income…, so we need to curate different programs to suit them,” said chairman Koh Juay Meng.

Empress Michiko’s proactive involvement in society. The article spotlights Japanese Empress Michiko’s contributions to society and passion for helping the disadvantaged. From promoting Braille translations of music to serving as the honorary president of the Japanese Red Cross Society, Empress Michiko has gradually expanded her commitment to society. Her involvement in society is part of the Japanese royal family’s often publicly stated role of acting as the symbol of the state and unity of the Japanese people.

THE TRUSTBREAKERS 

Chinese Apple Watch supplier under fire for “forcing students to work like robots.” Apple is investigating a factory in Southwest China after a labor rights group claimed that the technology giant’s supplier forced student workers to work “like robots” to assemble the Apple Watch. The Chongqing factory is operated by Quanta Computer, a Taiwanese electronics manufacturer. According to an investigation by the Hong Kong-based nonprofit organization, Students and Scholars Against Corporate Misbehavior (SACOM), many were forced to work to get their vocational degrees and had to do night shifts. These students were made to work under the guise of an internship. “Our graduation certificate will be withheld by the school if we refuse to come,” said one student majoring in e-commerce, according to SACOM.

Who’s Doing Good?

8 October 2018 - 14 October 2018

THE GIVERS

Taiwan’s philanthropic vegetable seller donates millions for rural healthcare. Chen Shu-chu, who sold vegetables in eastern Taiwan’s Taitung for more than half a century, donated two insurance policies worth a total of NT$16 million (US$516,500) to local hospitals to foster the provision of rural healthcare services. The donation will be mainly used to treat cancer patients and provide the poor with proper medical care. Chen designated Taitung MacKay Memorial Hospital and Taitung Christian Hospital as the beneficiaries of the policies, which are currently worth NT$7.7 million and NT$8.3 million, respectively.

Hong Kong movie star announces plans to donate most of his net worth for charity. Chow Yun-fat, one of the biggest movie stars in Hong Kong and best known for his performances in films like Crouching Tiger, Hidden Dragon, Bulletproof, Monk, and Anna and the King, recently revealed that he plans to leave the bulk of his fortune for charitable giving. His net worth is estimated to be HK$5.6 billion (US$714 million). No specific details and information was provided in regards to his planned philanthropy.

President’s Star Charity 2018 raises a record amount of funding from the general public. This year’s President’s Star Charity raised a record total of SG$8.3 million (approximately US$6 million), the highest amount raised for the annual event. All proceeds will go to the 59 charities under the President’s Challenge 2018. The event featured performances from various individual artists and groups. Donations will continue to be collected until the end of October.

THE THINKERS

Global Impact and KPMG release a new report on tax and fiduciary requirements for philanthropic giving. Global Impact and KPMG have released a new report, titled “2018 Giving Global Matrix: Tax, Fiduciary and Philanthropic Requirements,” which provides a snapshot of the complex and varied tax laws that incentivize or disincentivize philanthropic giving in 60 countries across North America, Latin America, Africa, Europe, Asia, and the Middle East. The first edition was produced by the two organizations in 2015, with the recent report expanding its coverage to 60 countries from 40 and broadening the scope of research from four to ten questions. “In today’s global environment, this updated report provides timely information to nonprofit and private sector entities who want to understand the different approaches to philanthropy that geographic regions and countries are taking, and be able to plan their engagement more strategically,” said Anita Whitehead, tax principal at KPMG.

How governments can “turbo-charge” impact investing. In this article, the author shares three ways that governments and politicians can bolster the impact investing sector. The article particularly highlights three roles that governments can play: as a market facilitator, as a market participant, and as a market regulator. As a facilitator, governments would help build the capacity of social enterprises and impact investors. As a participant, governments would actively collaborate with investors via, for example, social outcomes contracts. As a regulator, governments would step in to help define the overall sector and create relevant legal and fiduciary infrastructure for social enterprises and impact investors.

THE NONPROFITS

Indian nonprofit wins the 2018 Positive Energy Prize under the Lui Che Woo Prize. Pratham Education Foundation, one of the largest nonprofit organizations in India, has won the 2018 Positive Energy Prize for its contributions to helping eliminate illiteracy. With a focus on high-quality, low-cost interventions, Pratham addresses gaps in the education system through innovative models and result-driven methods, changing the education landscape across 23 states and union territories in India.

THE BUSINESSES

Hong Kong-listed companies donated US$2.1 billion to charity in 2017, an increase of 28% from the previous year. According to the Sodata Analytics Foundation Association, a nonprofit group that tracks corporate philanthropy, companies listed in Hong Kong made record charitable donations last year to narrow the gap with their American counterparts. Led by property developers and financial institutions, 959 out of 1,826 main-board companies donated HK$16.3 billion (US$2.1 billion) in 2017. China Evergrande the list with a total donation amount of HK$5 billion. On the other hand, 47% of these list companies did not a single donation last year.

Nexon Foundation committed to promoting creative play culture. The Nexon Foundation, Korean gaming developer Nexon’s corporate foundation, announced that it has forged a partnership with two nonprofit organizations in the United States to promote creative play and the education of talent in convergence fields. The two partners are the Imagination Foundation and Two Bit Circus Foundation, both of which focus on the promotion of creativity.

SM Investments Corporation takes an active private sector role in sustainability reporting and sustainable development. SM Investments Corporation, a major conglomerate in the Philippines, is taking an active role in the private sector’s involvement in sustainability reporting and sustainable development. Teresita Sy-Coson, vice chair, said that the agenda of businesses are closely linked with sustainability and all are faced with greater unpredictability due to the devastating effects of climate change and the widening gap in social and economic opportunities in the world. A part of SM’s commitment to sustainability includes allocating 10% of its capital expenditures to incorporate disaster-resilient features in the design and construction of its property developments.

Maybank Foundation committed to helping disadvantaged communities become financially independent. Maybank Foundation, Malaysian financial services firm Maybank Group’s independent corporate foundation, is working to help disadvantaged communities become financially independent. For example, the Reach Independence and Sustainable Entrepreneurship (RISE) program is an economic empowerment program designed to support disadvantaged communities, particularly people with disabilities, to increase their income and help them become financially independent. Its 2014 pilot project saw the average income of 40% of the initial 280 participants increase by 411.7%. The program has since then expanded into Indonesia, the Philippines, and Laos.

THE INNOVATORS

Global impact investor launches its first two India funds. Social Finance, a global impact investment firm, has launched its first two India funds that will each raise US$1 billion. Social Finance said in a statement that the first fund will be called the “India Impact Fund.” In partnership with the United Nations Sustainable Development Goals Finance group, it will raise US$1 billion to target equity funding for small lenders in priority sectors, namely agriculture, education, housing, and so forth. The second fund named the “India Education Outcomes Fund,” will, as its name suggests, focus solely on education. It aims to improve learning outcomes by technology-aided interventions in subjects such as mathematics and to improve education complete rate among girls.

THE VOLUNTEERS

Volunteers bring laughter to Indonesian children. Volunteers across Palu, Indonesia, are cheering children up with songs and games as a way of offering a distraction from the earthquake that struck the area. Erna, a volunteer, drove three hours with her friends and dressed up as popular cartoon characters to bring smiles on the children’s faces. Aid workers on the ground said that many children were shocked and distressed by the scale of the disaster. Many were orphaned or separated from their families in the terrifying aftermath as buildings crumbled and a tsunami crashed over the city.

THE TRUSTBREAKERS

Couple barred from raising funds for charities. Jailed for duping donors into parting with almost SG$10,000 (approximately US$7,200) for the Bedok Youth Society for the Disabled, a Singaporean couple was barred from conducting any fundraising appeals for charitable purposes. The Commissioner of Charities (COC) issued a prohibition order under the Charities Act against Noryana Mohamed Salleh and her boyfriend Rajzaed Sedik, who were both former employees of the voluntary welfare organization. The COC said, “Both individuals are not fit and proper persons to conduct fundraising appeals for charitable, benevolent, or philanthropic purposes.”

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.

Who’s Doing Good?

24 September 2018 - 30 September 2018

THE GIVERS

Chinese entrepreneur donates US$5 million for blockchain research. Feng Han, co-founder of the blockchain company Elastos, has donated US$5 million to the Massachusetts Institute of Technology (MIT) to establish the university’s blockchain research wing. The “Initiative on the Digital Economy (IDE) Blockchain Pillar and Activities Fund” will foster the development of a diverse range of blockchain projects, connecting emerging talent with thought leaders in the industry. “I am excited to facilitate the development of blockchain ecosystems through partnerships with organizations and universities, similar to MIT,” said Feng. “Leaders throughout the blockchain landscape should seize opportunities to support research and development of the industry, to ensure it matures in a regulatory compliant, transparent, and responsible manner. This is not the last incubator that I hope to establish to shape the parameters of a healthy blockchain ecosystem.”

Singaporean university receives SG$9 million (approximately US$6.5 million) to attract top young Swedish scientists. The Knut and Alice Wallenberg Foundation, the largest private financier of research in Sweden, is making a SG$9 million cash donation to Nanyang Technological University (NTU) to establish a new postdoctoral fellowship program to support up to 40 fellows over the next six years. Through the fellowship, some of Sweden’s most outstanding young scientists will spend two years at the Singaporean university to conduct postdoctoral research. “We are deeply grateful to the Knut and Alice Wallenberg Foundation, whose new generous gift comes after their SG$12.6 million donation to NTU just three months ago. The Wallenberg family is known for their passion for cutting-edge research and technologies, and NTU is privileged to be one of only three international universities to benefit from the Wallenberg Foundation’s recognition and support,” said Professor Subra Suresh, president of NTU.

THE THINKERS

China Global Philanthropy Institute (CGPI) hosts the Global Social Finance Forum (GSFF) in Shenzhen. On September 21, 2018, the CGPI hosted the second GSFF in Shenzhen, China, under the guidance of the Shenzhen Municipal People’s Government, Futian District People’s Government, United Nations Development Programme (UNDP), and China International Center for Economic & Technical Exchange (CICETE). The theme of this year’s GSFF was “Social Investing as a Force for Good, and leaders in social finance and impact investing were invited as guests and participants.

THE NONPROFITS

Hong Kong charity diverts annual mooncake waste. The Chinese tradition of exchanging boxes of mooncakes with friends and family during the Mid-Autumn Festival is now a staggering US$2 billion international industry. However, most are leftovers from manufacturers who overproduced in an attempt to cash in on the tradition. More than two million mooncakes, valued at least US$12.8 million, will be thrown out in Hong Kong alone after the Mid-Autumn Festival. Food Grace, a local charity, collected the leftovers this holiday season to redistribute them to low-income families and individuals. Convincing individuals, however, to donate their mooncakes is still taking time to catch on, according to Conrad Tsang, a project officer at the charity. “We have to educate and encourage them [to donate] and that [even if] you are not sending a mooncake as a gift, [it] does not harm your relationship with your partners or with your employees,” said Casey Ng, founder of Food Grace.

THE BUSINESSES

Indian companies’ CSR spending to depend only on previous year’s profit. India’s 2013 CSR law mandates that companies must spend 2% of their three-year average annual net profit towards a social cause. The amended law that came into effect on September 19 of this year states that companies will have to consider only their previous year’s net profit. A recent study of 1,186 eligible and listed companies by CRISIL, a credit rating agency, showed that over the past two financial years the amount spent on CSR surged at a compound annual growth rate of 14%, despite a lukewarm 5% growth in net profit.

Samsung extends helping hand during major national holiday. During Chuseok, one of Korea’s largest holidays, Samsung employees carried out various volunteer activities to provide assistance to residents in need of help. Along with the Korean Red Cross, Samsung employees delivered groceries to senior citizens and other residents in need for three weeks. They visited 780 social welfare facilities, including a children’s center, senior’s welfare center, and support center for migrant workers.

THE INNOVATORS

Using online platforms to help Palu earthquake victims in Indonesia. On September 28, 2018, a 7.4-magnitude earthquake and tsunami hit Palu, Donggala, and Mamuju in Central Sulawesi, Indonesia, claiming 832 lives (as of yesterday) and injuring many others. The Jakarta Post has highlighted different ways that people can help through donations. Notably, Kitabisa.com, a crowdfunding website, and Tokopedia, an e-commerce platform with various donation channels (such as Donasi Palu), were featured. Both platforms have been recognized by the publisher for their transparency and accountability.

THE VOLUNTEERS

Miss Nepal on a social mission. Shrinkhala Khatiwada, Miss Nepal 2018, is on a mission to contribute to society after her coronation in April. In an effort to address post-earthquake reconstruction, she is building health posts in rural villages and raising funds in London for this cause. As a former architecture student, she is exploring the concept of healing by architectural design. “This is just the beginning of my work in philanthropy and architecture. Eventually, I want to use my fame to build more of what Nepal needs, whether it is health posts in remote areas or schools and homes in disaster zones,” she said.

Japanese firms prepare for large-scale volunteering during 2020 Olympic Games. The Tokyo Organizing Committee has started its search for 80,000 volunteers on Wednesday. Major companies in Japan are encouraging employees to volunteer for the 2020 Tokyo Olympics and Paralympics. Many are even sending employees in order to show their support. Brokerage giant Nomura Holdings Inc., for example, has picked 300 employees through an internal application process to volunteer for the 2020 Games.

THE TRUSTBREAKERS

Website duplicates Giving.sg campaigns; site admin apologizes, says it was a mistake. A website has been found falsely canvassing donations for various fundraising campaigns that were originally posted on the national giving portal Giving.sg, which is managed by the National Volunteering and Philanthropy Centre (NVPC). The campaigns’ webpages indicated that they had garnered Nepalese Rs. 17,290 (approximately US$147) in donations. The website, Giving Nepal, claims to have posted the design mock-ups online by mistake and that no funds were actually collected. The NVPC clarified that Giving.sg is still a safe and secure online platform that has not been affected by any security breach. It also said that none of its donors’ information has been leaked.

Singaporean watchdog body introduces transparency guide for charities. The Commissioner of Charities (COC) introduced a new Visibility Guide framework to help charitable organizations be in a better position to present their financial information, use of donations, and activities. The framework by the COC not only helps charities put out key information to its stakeholders in a simple manner, but it also guides donors on each charity’s causes and impact. The framework was introduced together with an annual report template for nonprofit organizations. To encourage more giving, trust is crucial, and to build trust, good governance is necessary, said the Minister for Culture, Community and Youth Grace Fu, who also launched the framework during the 2018 Charity Governance Conference.

Who’s Doing Good?

27 August 2018 - 2 September 2018

THE GIVERS

Indonesian medal winners contribute towards Lombok cause. The series of earthquakes that hit Lombok has killed more than 500 people and caused damages worth more than US$500 million. In support of the relief efforts, Indonesian athletes and medalists at the Asian Games have offered to contribute a share of their winnings. Badminton men’s singles winner Jonatan Christie said he would contribute part of his US$102,000 winnings to the cause, while other badminton medalists offered to auction off their jerseys and rackets to raise funds.

THE THINKERS

Alibaba Foundation and UCWeb to host philanthropy conference in New Delhi, India. The Alibaba Foundation and UCWeb, a subsidiary of the Alibaba Group, will host a week-long global forum of the Xin Philanthropy Conference 2018 in India starting September 5, marking the first time that part of the conference is to be held outside China. The conference will focus on education, child protection, and women’s empowerment and feature prominent public speakers from public policy, global welfare, business, and science.

THE NONPROFITS

Chinese charities required to disclose information starting in September. According to a regulation issued by the Ministry of Civil Affairs, charities should publicize various information in a complete and timely manner starting September 1. The range of information includes a charity’s yearly work, financial accounting reports, major asset changes, transactions, investments, public funding, and other projects. According to the newly issued regulation, which is based on the Charity Law from 2016, charities that fail to disclose such information can be reported to civil affairs authorities by any other organization or individual.

THE BUSINESSES

China’s Huawei appeals to Korea through CSR programs. As part of its ongoing efforts to give back to Korean society since it first entered the Korean market in 2013, Huawei launched an incubating program for young local information technology talents. Named “Seeds for the Future,” the two-week-long program hosted 10 Korean engineering students at its headquarters in Shenzhen, China. The students were additionally invited to visit the Beijing Language and Culture University to experience China. Other CSR projects in Korea run by Huawei include granting scholarships and running annual contests for young female software engineers.

Hermes Taiwan collaborates with an intellectually disabled student artist to sell limited edition scarves for charity. Hermes Taiwan teamed up with Chou Ti-chuan, an intellectually disabled student at Taipei City Yangming Home for the Disabled, to design and create a limited edition scarf whose proceeds will be donated for charity. The scar will be priced at NT$6,800 (US$221.67) each, with only 600 available in the market.

THE INNOVATORS

Singaporean social enterprise baits charity donors with luxurious lucky draw prizes. The Given Company, a new social enterprise in Singapore, is raising money for charities by enticing donors with luxurious lucky draw prizes such as cars and private apartments. The company plans to take a commission of about five to 10 percent from each donation for subsequent draws to help pay for the prizes and other operating costs. The Given Company’s business model is triggering controversies and public debates around what the right motivation should be behind individual giving and the legal validity of this fundraising model in terms of Singapore’s relevant regulations and legislation.

THE VOLUNTEERS

Pilot program for youth leadership partners young leaders with social service organizations. Youth Corps Singapore initiated a new 10-week immersion program that placed 22 youth leaders for full-time work at 12 social service organizations, helping more than 1,900 beneficiaries and tackling social issues like care for the environment, the elderly, and people with special needs. “The objective is for our Youth Corps aspirants to develop a better understanding of the social sector and to acquire skills in serving the community,” said Grace Fu, Minister for Culture, Community, and Youth.

THE TRUSTBREAKERS

Facebook donation drive scam uses a photo of a comedian’s sick daughter. A picture of comedian Mark Lee’s sick five-year-old daughter was allegedly used in a Facebook donation drive scam. Lee and his wife said on social media last week they were alerted to a Facebook post soliciting donations using a picture of their daughter in a hospital war. The post had asked for SG$200,000 (approximately US$146,000). Such scams highlight the potential risks of donation drives done online and on social media, said multiple charity experts in the country. Andy Sim of the National Volunteer and Philanthropy Centre said online fundraising is a useful tool but faces a risk of fraud, while Tan En of crowdfunding platform Ray of Hope Initiative said, “The crowdfunding sector here is very small. There are only a few platforms, so whenever there is a scandal, people get skeptical.”

 

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.