Who’s Doing Good?

10 September 2018 - 16 September 2018

THE GIVERS

University in Hong Kong gets HK$100 million in donations for a smart city and sustainable energy research. Hong Kong Polytechnic University has been given a generous donation of HK$100 million (US$12.8 million) from Otto Poon, a graduate of the university and chairman of ATAL Engineering Group, for a smart city and sustainable energy research. The gift was made under the Otto Poon Charitable Foundation and represents the largest personal donation to the university in the past decade. The funds will be used for the establishment of two research institutes and two professorships.

Jeff Bezos creates new philanthropy: the Bezos Day One Fund. Via Twitter, Amazon’s Jeff Bezos shared a statement announcing the creation of his new charitable organization: the Bezos Day One Fund. Through the fund, Bezos will initially invest US$2 billion of his US$150 billion into existing homelessness charities and in the development of early childhood education centers.

THE THINKERS

Conglomerate research firm finds Korea’s top 10 conglomerates slashed social contributions by 14.5% in two years. Following the ouster of former President Park Geun-hye, Korea’s top 10 conglomerates slashed their charitable donations by 14.5% in the past two years. Total contributions made by the likes of Samsung, Hyundai Motor, SK, LG, and Lotte stood at a little over ₩838.1 billion (approximately US$743.1 million) in 2017, down ₩124.9 billion (approximately US$110.7 million) or a drop of 13% from the previous year, Chaebul.com said. In 2015, companies spent a total of ₩980.2 billion (approximately US$868.76 million) on donations. “Companies have stepped up efforts to make all donations transparent by going through due process and staying away from pledging money if there is a risk of causing trouble,” said the local tracker of large conglomerates.

THE NONPROFITS

More social service organizations in Singapore go cashless for fundraising. In line with an increasing societal trend to rely on cashless forms of payment, individuals can now donate to charities with a few taps on their mobile phones, and Singaporean charities are tapping into this new fundraising opportunity. Since May 2018, 73 organizations have been actively using cashless payment technologies, according to the National Council of Social Service (NCSS). NCSS’ deputy CEO, De. Fermin Diez, said, “With more Singaporeans carrying less cash, social service organizations need to be more innovative about raising funds through contactless donation technology. Otherwise, they could face a decline in donations if only cash was accepted.” Diez also added that the benefits of cashless fundraising are reduced administration costs, better governance, tighter security, and improved donation tracking.

THE BUSINESSES

BloombergQuint identifies India’s most and least philanthropic large companies. According to BloombergQuint, about a fifth of Nifty 50 companies failed to spend the minimum required on CSR for the fourth straight year. Billionaire Anil Agarwal’s Vedanta Ltd. was the most generous in the 2017-2018 financial year, spending nearly 10% of its average three-year net profit on CSR. Following Vedanta Ltd. were UPL Ltd. and state-owned Coal India Ltd. Notably, Dilip Shanghvi-controlled Sun Pharmaceutical Industries Ltd. and Tata Motors Ltd. were the only two Nifty 50 companies that contributed towards CSR despite reporting losses.

China’s Ministry of Civil Affairs awards Infinitus the China Charity Award. The China Charity Award is the highest level of recognition for philanthropy in China from a government authority. Infinitus was recently honored with this award for its continuing contributions to society and its longstanding commitment to CSR. In 2016, Infinitus kicked off a volunteer project and set up the Infinitus Volunteers Association. To date, the association has had more than 6,000 individual volunteers, organized 230 volunteering events, and accumulated more than 27,000 hours of volunteer work.

THE INNOVATORS

Chinese government to use blockchain technology for tracking charitable donations by 2019. In order to increase transparency of public donations, the Ministry of Civil Affairs, in charge of social services and the broader social sector, is planning to adopt blockchain technology for an upgrade of its current charity tracking system. The plan dictates that the existing government charity databases will be integrated into the new blockchain network. In this way, data on charitable donations made through a variety of services will become visible to the public faster using a distributed network.

Philanthropic foundations launch US$11 million impact bonds to improve education in India. The largest development impact bond (DIB) has been launched by the UBS Optimus Foundation, British Asian Trust, Michael & Susan Dell Foundation, and Tata Trusts. The bond promises to improve the educational outcome of 300,000 students in Delhi and Gujarat. A DIB is not a money market instrument. Risk investors put money to roll out a program in order to address a cause. They earn a return if the program is successful. “This landmark financial instrument applies an entrepreneurial approach to philanthropy… If the potential of this type of funding is unleashed, it could improve the lives of generations to come,” said Arun Jaitley, Minister of Finance and Corporate Affairs. 

THE VOLUNTEERS

Divers volunteer as “gardeners” to restore dying corals in Thailand. It is widely known that coral reefs are in danger due to climate change. A group of divers is trying to tackle this environmental problem in Koh Ha, Thailand. Inspired by reforestation techniques employed in tropical forests, conservationist Anuar Abdullah began research into how those same methods might be applied to coral reefs, which are often referred to as “underwater rainforests.” Eventually, the solution of coral gardening was devised, growing corals in nurseries and then replanting them on reefs. Anuar also founded Ocean Quest, a conservation organization that organizes courses at dive schools and resorts in Southeast Asia. To date, the organization has certified more than 800 trainers and 1,000 coral gardeners.

THE TRUSTBREAKERS

In response to potential cases of fraud, Singaporean crowdfunding website offers “donation back guarantee.” The Raye of Hope Initiative, a crowdfunding website based in Singapore, recently announced it would start the “donation back guarantee” in cases of fraudulent fundraising projects. The move came after the Commissioner of Charities launched a campaign last Friday to get donors to do more checks before giving. The website has had more than 170 fundraising projects. “We need to give donors the confidence that they are giving to people who genuinely need help and depend on crowdfunding to tide them over a difficult period,” said Tan En, director of the crowdfunding website.

Japan to reform “hometown tax donation” program to address excessive competition among local governments to provide expensive gift incentives. The furusato nōzei (hometown tax donation) system was originally introduced in 2008 to ease the disparity in tax revenue between urban and rural areas by incentivizing individual giving to local governments. The government said Tuesday it will reform this system in order to curb extravagant gift incentives from local governments, as the system has led to fierce competition among local governments to lure donations with expensive gifts that are excessive in price and that are oftentimes not locally produced. As such, the government is specifically considering to limit gifts to those produced locally and keep their value below 30% of donations.

Who’s Doing Good?

3 September 2018 - 9 September 2018

THE GIVERS

Alibaba’s Jack Ma announces plans to focus on philanthropy. China’s richest man and chairman of Alibaba, Jack Ma is set to retire from his corporate position next week to focus on philanthropy and his passion for teaching. In an interview with Bloomberg, Ma said that he would like to lay the groundwork for the Jack Ma Foundation to help teachers and kindergartens in rural areas. “There’s a lot of things I can learn from Bill Gates. I can never be as rich, but one thing I can do better is to retire earlier,” Ma said in the interview. “I think someday, and soon, I’ll go back to teaching. This is something I think I can do much better than being CEO of Alibaba.” 

Asteroid named after Taiwanese philanthropic vendor. Chen Shu-chu, a retired vegetable vendor and philanthropist, recently had an asteroid named after her by the Lulin Observatory operated by Taiwan’s National Central University. Chen is known for her good deeds that were brought to light by local and foreign media. She was honored as one of the 100 most influential figures listed by the Time magazine in 2010 for contributing over NT$10 million (US$325,000) to different charitable causes. In 2012, Chen was one of six winners of the Ramon Magsaysay Award for helping the poor, receiving a US$50,000 cash prize which she donated to the Taitung branch of Mackay Memorial Hospital. “Money serves its end only when it can help people in need,” said Chen.

THE THINKERS

“Minds Wide Open” documentary shows that increased support for fundamental brain research is crucial to achieving major breakthroughs. Earlier this month, the Tianqiao and Chrissy Chen Institute (TCCI), a nonprofit aiming to deepen the understanding of the human brain, hosted an international meeting in Shanghai. The event brought together top scientists and doctors working on brain-related topics in the United States and China. TCCI also released the “Minds Wide Open” documentary this week in the hopes that it would make the case that more support for fundamental brain science is needed if we are to keep achieving significant breakthroughs. The Chens, founders of the TCCI, have committed US$1 billion for this cause. The documentary will be available on Apple iTunes, Amazon Video, and Google Play from September 19 onwards. All proceeds from the film will be donated to causes chosen by Brandon, Chelsea, Eric, Lisa, and Violet—five patients featured in the film. Watch the 25-minute version of the film here.

Businesses thrive when they benefit society, says Hiroaki Nakanishi. Keidanren (Japan Business Federation) chair and chairman of Hitachi, Hiroaki Nakanishi preached the values of a sustainable and socially responsible business in an interview with The Asahi Shimbun. In fact, Keidanren made the United Nations Sustainable Development Goals the guiding principles of its Charter of Corporate Behavior when it was revised in November. Explaining that Japanese businesses previously thought creating high-quality products and generating profits was the end of their responsibility to society, Nakanishi said that this attitude and way of thinking is increasingly changing in the private sector in Japan. 

THE NONPROFITS

Five moon bears rescued by Hong Kong-based charity from a bile farm in Vietnam after being trapped in cages for 21 years. Animals Asia, a Hong Kong-based charity, has rescued five moon bears from a bile farm in Vietnam after more than 21 years in cages. After a five-day journey, the bears are now at the organization’s Vietnam Bear Rescue Center, a sanctuary in Tam Dao National Park. In 2017, Animals Asia signed a deal with the Vietnamese government to relocate the around 800 bears who remain on farms in the country to sanctuaries. So far, the charity has rescued 177 bears. 

THE BUSINESSES

Didi Chuxing to pay promised reward to rescue team via charity donation. Didi Chuxing, China’s ride-hailing company, is to pay the reward of 1 million yuan (US$160,000) it promised for information relating to the whereabouts of a driver suspected of killing a passenger earlier this year. A Zhengzhou-based water rescue team found a body in a local river and after several unsuccessful attempts to contact the company and claim the reward, filed a lawsuit in August. The reward money will reportedly be donated to a charity in Zhengzhou and be dedicated to the water rescue team that received the body of the suspect. Niu Zhenxi, head of the rescue team, said that members of his team have agreed to accept the donation via the Zhengzhou Charity Federation. Didi Chuxing has also announced that it will donate another 1 million yuan to the China Foundation for Justice and Courage, a national public fundraising foundation headed by China’s Ministry of Public Security.

THE INNOVATORS

Volunteering mobile application allows users to get points to redeem gifts. Chen Yew Nah, managing director of Zeles, always had a passion for helping others but soon realized that there was a gap in the feedback system. Zeles aims to encourage more volunteers to come forward, connects them with various corporations and causes, and allows users to redeem food and retail vouchers in return. Additionally, the in-application chat function allows volunteers to send feedback to the organizations they are working at. The application currently has 2,000 volunteers and numerous voluntary host organizations such as the Society for the Prevention of Cruelty to Animals and Association for Persons With Special Needs.

THE VOLUNTEERS

Army of volunteers boosting support for the Thai King. The Volunteer Spirit scheme, officially started last year by Thai King Maha Vajiralongkorn, has created a new army of civilians who have pledged allegiance to the King and are boosting his image ahead of his formal coronation at the year-end. Over four million volunteers have joined the scheme, carrying out a range of tasks from cleaning public spaces to helping police direct traffic. Their most high-profile activity came when the volunteers joined an international effort to rescue 12 boys and their soccer coach from a flooded cave last month.

THE TRUSTBREAKERS

China continues to toughen the crackdown on dishonest behaviors in charity work. The Ministry of Civil Affairs has intensified its campaign to crack down on dishonest behaviors in charity work. Most recently, the Ministry of Civil Affairs released a regulation that required charities to provide factual information to the public, putting it into effect on September 1, 2018. The ministry has also established the “Charity in China” website that publishes information about charities. Early this year, the government established a mechanism that shares information on charities’ credibility, specified five types of dishonest entities, and stipulated 24 punishment measures.

Korean tax agency clamps down on tax-evading foundations. A conglomerate-affiliated cultural foundation received cash from three corporate subsidiaries under the pretense of building a memorial hall, which instead was revealed to have been used to purchasing land surrounding the birthplace of the conglomerate’s founder. The National Tax Service (NTS), Korea’s governmental tax agency, retracted the gift tax exemption given to this foundation and slapped a ₩3 billion (US$2.67 million) tax. The NTS said that since the second half of last year, a special team has investigated nearly 200 charitable foundations owned by conglomerates and found 36 instances of tax evasion, totaling a tax figure of ₩41 billion (approximately US$36.3 million). “In recent years, the founding families of conglomerates have been using their charity foundations for personal purposes, including strengthening their governance, said an NTS official.

Who’s Doing Good?

20 August 2018 - 26 August 2018

THE GIVERS

Chinese billionaire shares his story of donating for brain research. Shanda Investment Group founder Chen Tianqiao has dedicated US$1 billion to help with brain research, saying that a better understanding of how the brain works could help better treat mental disorders and neurodegenerative diseases. His donations include a US$115 million gift to the California Institute of Technology and a 500 million yuan (approximately US$72.9 million) to the Fudan University-affiliated Huashan Hospital. In this interview with Bloomberg, Chen shares his thought on the field of brain research and his philanthropy.

THE THINKERS

New financial disclosure requirement brings further confusion to the charitable sector in Hong Kong. Vincent Cheng (CAPS) analyzes the Hong Kong government’s requirement stipulating all charities to release audited financial accounts of their public fundraising activities. Intended to address public concerns over costly charity fundraisers, he believes the measure will instead further deepen public misperception and mistrust of overhead costs, and penalize less established charities with an even greater administrative burden. For the English version, click here.

Corporate giving – when cash isn’t always best. Cash continues to be the preferred form of giving for the company in Singapore, with perceptions that larger the monetary donation the merrier, a program of the National Volunteer & Philanthropy Centre finds. SME which makes up over 90% of enterprises in Singapore suffer from this mindset, leaving them feeling like they have nothing to give. But the trend is gradually shifting in a healthy way. Companies are found to diversify their engagement with charities, such as in-kind donations, purchase of goods and service from non-profits, and volunteerism. They are also exploring ways to give more effectively.

Study finds Korean conglomerates’ dominance in the economy, including corporate donations. A new study by the Korea Economic Research Institute found that the 31 largest conglomerates in Korea account for two-thirds of the country’s facilities investment and exports, as well as close to half of research and development investment, donations, and market capitalization. In particular, with 2.4 trillion (approximately US$2.4 billion) in 2016, these companies made up 51.4% of all corporate donations. “The chaebol groups are leading Korea’s economic development and playing an important role in boosting the people’s quality of life,” said Yoo Hwan-ik, the head of innovative growth at the institute.

THE NONPROFITS

Chinese NGOs to offer its development model abroad. A MoU between China NGO Network for International Exchanges and Social Welfare Council (SWC) of Nepal has initiated a deal to allow 30 Chinese NGOs to enter Nepal. This deal is seen to be a part of China’s “Going Global” formulated in 2001 to further its “public diplomacy” abroad. Chinese NGOs, such as One Foundation, and the Amity Foundation, first entered Nepal in 2015 to support victims of a mega-earthquake.

THE BUSINESSES

Apple donates US$1M to Kerala flood relief efforts. After opening iTunes’ donation mechanism earlier this week to help victims of the Kerala floods in India, Apple pledged Rs 7 crores (approximately US$1 million) to support Mercy Corps efforts in the region. Apple has in the past made direct contributions to relief and rehabilitation efforts, including a US$2 million donation for Hurricane Harvey relief, and US$1 million for last year’s Southern California wildfires. The company also donated US$1 million to a Chinese NGO after heavy rains caused massive flooding along the Yangtze river in 2016.

First National CSR Awards in India now opens for nominations. The Corporate Affairs Ministry of India has invited entries for nominations for the first-ever National CSR Awards. “MCA has instituted National CSR Awards 2018 to recognize corporate initiatives in the area of CSR to achieve inclusive growth along with inclusive and sustainable development,” the Ministry said. The enactment of Companies Act, 2013 has made the CSR mandate a part of corporate functioning.

THE INNOVATORS

Crowdera: This crowdfunding platform is creating a ‘giving economy’ by connecting do-gooders with those in need. India is well-versed with the concept of crowdfunding, especially when it comes to seeking aid in the form of donations during medical emergencies and natural calamities. Crowdera has launched the latest efforts “Stand with Kerala”, where the Chief Minister’s Distress Relief Fund is accepting donations made through Internet banking, RuPay cards, Paytm and bank transfers. The startup is also working to make fundraising “a sustainable process”, so that, in a year or a two, fund-seekers can look at previous donors on the platform for further fundraises.

THE VOLUNTEERS

Korean Air volunteers build homes in Bicol, Philippines. Korean Air’s volunteer group “Didimdol” flew to the Bicol region of Philippines to volunteer for the local community. They helped the local residents of the village to build homes as well as provide free meals at the slum areas and elementary schools. As one of the world’s top 20 airlines, Korean Air continuously supports global volunteer activities in order to perform its corporate social responsibility.

THE TRUSTBREAKERS

Japanese charity telethon faces criticism over squanders on charitable donations. People—with great goodwill—donate money to support charitable endeavors. To their dismay, they soon find out that a considerable portion of their donation does not go to the intended cause. The donor feels deceived. This was the case of Nippon TV’s charity telethon, “24-Hour Television”, which raises money for charitable causes. Much of the 7 billion yen (approximately US$ 63 million) raised last year is said to be deducted for production expenses: two emcees of the show last year were allegedly paid 5 million yen (approximately US$50,000) each, and a celebrity “volunteer” was paid 10 million yen (approximately US$90,000) to participate in the show. Many deemed the show hypocritical.

Who’s Doing Good?

6 August 2018 - 12 August 2018

THE GIVERS

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

THE THINKERS

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

THE NONPROFITS

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

THE BUSINESSES

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

 THE INNOVATORS

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

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

THE VOLUNTEERS

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

THE TRUSTBREAKERS

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

Who’s Doing Good?

30 July 2018 - 5 August 2018

THE GIVERS

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

THE THINKERS

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

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

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

THE NONPROFITS

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

THE BUSINESSES

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

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

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

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

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

THE INNOVATORS

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

THE VOLUNTEERS

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

THE TRUSTBREAKERS

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

Who’s Doing Good?

2 July 2018 - 8 July 2018

THE GIVERS

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

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

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

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

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

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

THE THINKERS

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

THE NONPROFITS

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

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

THE BUSINESSES

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

THE TRUSTBREAKERS

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

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?

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?

19 February 2018 - 25 February 2018

This weekly brief is a one-stop shop for selectively curated news on “doing good.” From mega-donations and CSR to nonprofits and social enterprises, “Who’s Doing Good?” keeps you up-to-date with the ever-bustling market of philanthropy and charity in Asia.

THE GIVERS

Lead singer of Thai rock band helps raise money for public hospitals. Athiwara “Toon” Khongmalai, the lead vocalist of Bodyslam, ran 2,000 kilometers across Thailand to raise money for public hospitals in the country. On February 25, 2018, Toon handed a check for a THB1.37 billion (approximately US$43.73 million) donation to 11 public hospitals, nearly doubling his initial goal of THB700 million.

Indian businessman announces Rs 200 crore (approximately US$30.1 million) donation for cancer hospital. With his wife Amrita Tata, Vijay Tata, a real estate entrepreneur in Bangalore, India, announced his donation of Rs 200 crore to his family’s self-funded NGO “New India” to build a “cashless cancer care super-specialty hospital” for the underprivileged. The announcement was made to celebrate their daughter’s birthday in a memorable way. Half of the donation will be 50 acres of land, while half will be in payment for the building and equipment. According to the businessman, those in need will also be able to enjoy the benefits of the hospital free of cost if they convince the hospital’s assessment panel that they were running short of money.

Singaporean investor donates SG$3 million (approximately US$2.3 million) to the Singapore American School. Lim Kaling, Singaporean business magnate and investor most known for his investment in Razer Inc., donated SG$3 million to the Singapore American School to help establish a fully personalized curriculum in the school’s coursework.

THE THINKERS

Dasra Philanthropy Week 2018 hosts thinkers and presents publications. Dasra Philanthropy Week 2018 was held from February 20 to 24 in New Delhi and Mumbai, India, hosting speakers from various sectors and organizations and publishing a suite of knowledge products. For example, in collaboration with Bank of America Merrill Lynch, Dasra launched a white paper titled “Collaborative Force: Empowering 10 to 19,” which highlights the significance of the collaborative approach to tackling problems surrouding India’s adolescents.

THE NONPROFITS

Local NGOs create online test to educate Japanese teen girls about sexual violence. Shiawase Namida (“Happy Tears” in English), a Tokyo-based nonprofit organization that supports sex crime victims, and the Life and Birth Studies Association co-developed the SHE Kentei (“Sexual Health Education Test” in English), a 10-question web-based quiz that will help educate teenagers how to avoid falling prey to sexual crimes and violence. The test can be accessed via she.shiawasenamida.org.

THE BUSINESSES

Starbucks Korea supports restoration of Korean Empire heritage in the United States. Starbucks Korea has donated ₩100 million (US$92,217) in preservation funds for the Korean Empire legation headquarters in the United States. In the previous year, the company had already donated ₩200 million for the same purpose in commemoration of the 120th anniversary of Emperor Gojong’s proclamation of the Korean Empire in the early 20th century. The company also unveiled a limited-edition tumbler with pokerwork describing the legation building in the United States.

THE INNOVATORS

Indian billionaire brothers launch artificial intelligence research institute to solve global development challenges. Romesh and Sunil Wadhwani (founder, chairman, and CEO of Symphony Technology Group; and Managing Partner at SWAT Capital, respectively) announced the establishment of a US$30 million nonprofit research institute in Mumbai that will study ways to use artificial intelligence to tackle development-related issues such as healthcare, education, and agriculture. The institute will be led by Dr. P. Anandan, a researcher in computer vision and artificial intelligence and founder of Microsoft Research India.

THE VOLUNTEERS

In Singapore, more young volunteers come to help senior citizens with groceries. NTUC FairPrice is a supermarket chain based in Singapore, and its corporate volunteer programme is expected to be joined by more than 100 young volunteers from the Youth Corps Singapore. The volunteers will help senior citizens with shopping for and carrying groceries and educating them on making healthier food choices. The company also announced its donation of SG$200,000 (approximately US$150,000) via its charity arm, FairPrice Foundation, to Ren Ci Hospital and Thye Hua Kwan Moral Society.

THE TRUSTBREAKERS

UNICEF’s deputy executive director resigns after complaints of inappropriate conduct. Following complaints of inappropriate texts and comments on what young female staff were wearing during his time at Save the Children, UNICEF’s number two Justin Forsyth resigned from his position at UNICEF. Forsyth made clear that he was not resigning because of his past mistakes at Save the Children which he claim were properly dealt with back then, but because of the danger of damaging both UNICEF and Save the Children.

23 Red Cross staff resigned or were dismissed since 2015 due to sexual misconduct. Amidst a wave of allegations of sexual misconduct within the aid industry, the International Committee of the Red Cross (ICRC) said 23 staff members had left the organization since 2015 over sexual misconduct.

Oxfam Hong Kong loses donors due to sexual misconduct scandal. Just in less than two weeks, Oxfam Hong Kong lost 715 local individual donors, most of whom were long-time supporters and who collectively gave donations worth HK$1.1 million (approximately US$140,000) per year.

In an effort to crack down on scammers, China creates a credit system to reward or penalize charities and donors. Charities and donors will now receive incentives or disciplinary action from up to 40 government bodies based on their credit scores. Charities with ratings of at least 4A (the second highest level) are eligible for rewards such as favorable taxation rates and priority status for government procurement bids, and the same will apply to corporate donors with good records. Organizations that have violated laws and regulations will be placed on a blacklist, but they may be removed from the list if they rectify their misconduct or passed through punitive time frames. Punishments include higher taxation rates and exclusion from government procurement bids. Individual perpetrators can even face restrictions in purchasing airline and train tickets. Specific information related to the credit scores can be obtained at creditchina.gov.cn, gsxt.gov.cn, cishan.chinanpo.gov.cn, and mca.gov.cn.