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?

3 December 2018 - 9 December 2018

THE GIVERS

Singapore-based Vietnamese private equity veteran champions social entrepreneurship as his area of philanthropic focus. Lam Nguyen-Phuong, who was co-founder and senior managing partner of the private markets division of the Capital Group before his recent retirement in January, supports social entrepreneurship as his area of philanthropic focus. However, Nguyen-Phuong is not in it for profit, steering clear of impact investments for his personal portfolio: “I’ve been approached by social impact [investment] firms to invest, and I refused… Impact investments have a built-in conflict, as investors may say—why can’t we limit the social impact for a higher return? But profit has to come after purpose, and only to make it self-sustainable. When I used to make investments for [private equity] clients, the main objective was to make a profit. If in the process there was a social benefit, that was good.” In his personal capacity, Nguyen-Phuong has supported Ashoka and is a donor through an Ashoka endowment fund set up in his family’s name to support entrepreneurs in emerging markets, as well as personally mentoring social entrepreneurs under organizations that he personally supports.

Samsung Welfare Foundation names tycoon’s daughter as new chief. Stepping down from her position as president of the fashion division of Samsung C&T Corporation, Lee Seo-hyun, a daughter of hospitalized Samsung Electronics Chairman Lee Kun-hee, will now assume a new role as chairman of the Samsung Welfare Foundation. She will start her four-year term on January 1, 2019. Samsung Welfare Foundation, one of Samsung’s four foundations, was established in 1989 by Lee Kun-hee in an effort to expand Samsung’s charity projects and initiatives.

Japanese actress’ fund helps renovate school in Nepal. A fund run by Japanese actress Norika Fujiwara has been used to renovate a high school in Nepal. Fujiwara’s “Smile Please World Children’s Fund” helped provide the previously dilapidated Shree Ganesh High School with five new classrooms and a water facility for its 447 students. Nepal represents the third country after Afghanistan and Cambodia where the actress has helped build schools. It is uncommon for Japanese actresses to do charity work, she said, adding, “I want to tell the reality of the world to the Japanese society.”

K-Pop girl group member donates ₩50 million to charity. Seol-hyun of K-Pop girl group AOA recently donated ₩50 million (approximately US$44,385) to the Community Chest of Korea for supporting children from low-income families. This particular donation marks the third donation that Seol-hyun has individually made to various causes. In the previous year, she made two donations of the same amount to help victims of an earthquake in Pohang, Korea, and to help deaf children in Seoul.

Lego Foundation grants US$100 million to help refugee children. In its first major humanitarian project, the Lego Foundation announced its decision to provide US$100 million over the next five years to Sesame Workshop’s work with the International Rescue Committee and with the Bangladeshi relief organization BRAC. The aim is to create play-based learning programs for children up to the age of six in Lebanon, Jordan, Iraq, and Bangladesh. “We do risk losing a whole generation if we don’t help the children who find themselves in these emergency settings,” said John Goodwin, the chief executive of the Lego Foundation.

THE THINKERS

“A few NGOs are getting a lot of bad press. What’s the overall track record?” Having observed an increasing number of nonprofits coming under fire, The Washing Post explores recent cases and incidents that may explain why. From multiple sexual abuse scandals in developing economies to lack of accountability to meet organizational goals and targets, nonprofits dominated many frontpage headlines throughout the year. At the same time, there were several favorable polls that attested to society’s positive perception of and trust in the nonprofit sector. To figure out the true impact of nonprofits beyond perception, the authors studied a random selection of 300 published articles and reports on nonprofits and found that nearly 60% of them reported solely favorable effects of nonprofits on development outcomes, while just 4% reported that they had only unfavorable effects.

“Impact investing can be next growth and job engine for India: Amit Bhatia, Global Steering Group.” In this e-mail interview with The Economic Times, Amit Bhatia, global chief executive officer of the Global Steering Group for Impact Investment, speaks about the growing market of impact investing and its significance. Most notably, Bhatia shares how the impact economy is now worth US$23 trillion—US$16 trillion in responsible investing, US$6 trillion in sustainable investing, and US$0.25 trillion in impact investing. In terms of the future growth trajectory, Bhatia refers to his organization’s recent study with KPMG, sharing that by 2020, impact investments will cross US$468 billion.

Noteworthy talks and sessions at this year’s Yidan Prize Summit. Now in its second year, this Hong Kong-based education-focused forum brings together thought leaders—policymakers, business leaders, philanthropists, politicians, and educators—to formulate strategies to ensure today’s education meets the needs of tomorrow. In this feature article, Hong Kong Tatler previews and spotlights seven sessions at the event—from conversations with this year’s laureates to “Growing the Right Talent for Tomorrow” with Hong Kong philanthropist and Hang Lung Group chairman Ronnie Chan.

THE NONPROFITS

Filipino government awards Singaporean nonprofit helping foreign domestic workers. President Rodrigo Duterte conferred the Kaanib ng Bayan (Nation’s Partner) Award to the Foreign Domestic Worker Association for Social Support and Training (Fast). The organization, a charity supported by the Singapore Ministry of Manpower, was recognized for its “exception or significant contribution… to advance the cause or promote the interests of overseas Filipino communities.” Seah Seng Choon, the charity’s president, told The Straits Times, “It’s a recognition of the work that Fast is doing, and we’re glad that we have been recognized. This encourages us to do more.” Since its founding in 2005, Fast has been organizing courses and programs to help domestic workers learn skills that can add value to their work and enhance their future employability. These include cooking, baking, infant- and eldercare, foot reflexology, computer literacy, English, stress management, and entrepreneurship. Over 25,000 foreign domestic workers go through these courses each year.

Korean President invites major charity groups to top office and promotes culture of giving. President Moon Jae-in invited and hosted on Friday 15 of the country’s major charitable organizations at the Blue House. These charities included, for example, Salvation Army Korea, Good Neighbors, World Vision, and Child Fund. The Blue House said the event was arranged to imbue the public with the spirit of sharing and giving toward underprivileged neighbors during the year-end season, noting it is the first such gathering of the major charities. President Moon and First Lady Kim Jung-sook also delivered their donations to each of the participating groups.

Delhi city government bars Bloomberg-funded charity from tobacco control work. According to a city government official and a memo seen by Reuters, a small Indian nonprofit funded by Bloomberg Philanthropies will not be allowed to carry out tobacco control work in New Delhi after it failed to disclose its funding. The same official also added that other foreign-funded organizations will need to seek prior approval in the future for anti-tobacco activities. The Delhi city government’s decision comes amid similar moves by the Indian government, which has since 2014 tightened surveillance of foreign-funded charities. An anonymous anti-tobacco activist commented, “This is sending a wrong message. They are basically deterring tobacco control.”

Pakistani government officially announces expulsion of 18 charities. Pakistan announced on Thursday it was expelling 18 international charities amid growing paranoia that Western aid agencies are being used as a front for espionage. Umair Hasan, the spokesman for the Pakistan Humanitarian Foundation, an umbrella representing 15 of the 18 charities, said those charities alone help 11 million impoverished Pakistanis and contribute more than US$130 million in assistance, adding, “No organization has been given a clear reason for the denial of its registration renewal applications.” However, Shireen Mazari, the country’s human rights minister, said on Twitter the 18 groups were responsible for spreading disinformation. “They must leave. They need to work within their stated intent which these 18 didn’t do,” she said.

Number of new charities in Singapore down to 10-year low. The number of new charities in Singapore hit a 10-year low last year. According to the Commissioner of Charities’ latest annual report, only 39 groups registered as charities last year. This is down from 49 a year before and 59 in 2008. Various experts have explained this decline could be due to the rise of informal help groups and the sector reaching a saturation point. Charity Council chairman Gerard Ee said, “There are so many charities out there fighting for the same donation dollar, and it is very difficult for new charities to raise funds. So people may think it’s easier to volunteer at existing charities, doing the work they were thinking of doing, instead of starting a new charity.”

THE BUSINESSES

UBS streamlines efforts to address the rising importance of gift-giving to the world’s wealthy. Switzerland-based global bank UBS has recently streamlined its group-wide philanthropic efforts, consolidating them into a single 45-member team. Phyllis Costanza, a veteran who has served at the bank for seven years, has been tasked with leading the team. Costanza also heads the UBS Optimus Foundation, which successfully launched a high-yielding bond linked to the learning development of young girls in Rajasthan, India, in 2016. UBS executives, Hubertus Kuelps and Joe Stadler, were confident the team would achieve “measurable social impact through their philanthropic activities, while also generating enhanced business growth for UBS.”

A look at HSBC’s philanthropic activities and how it approaches maximizing social impact. Cynthia D’Anjou-Brown, Asia head of philanthropy and family governance advisory services for HSBC Private Banking, details in this interview the bank’s extensive work in advising and supporting its private banking clients in regards to the charitable and philanthropic sectors. According to D’Anjou-Brown, the bank has learned that matching donors with causes they feel passionate about and tapping into their expertise help maximize impact.

THE INNOVATORS

Recent seminar in Thailand discusses the importance of social enterprises in boosting sustainable development. At “Thailand Social Enterprise: The Way Forward,” various stakeholders and experts gathered to discuss the role of social enterprises in contributing to Thailand’s sustainable development and growth. Kittipong Kittayarak, executive director of the Thailand Institute of Justice, noted that building a supportive ecosystem is important: “The law alone cannot govern every part of the ecosystem. Cooperation from all sectors, namely incubators, education sector, financial institutions, entrepreneurs’ associations, and public sector are key for the successful implementation and development of social enterprises.” Sarinee Achavanuntakul, co-founder of Sal Forest, Thailand’s first “sustainable business accelerator,” said that the biggest challenge is social entrepreneurs abandoning their mission or having very little social impact and that as such, the most important thing is evaluating the enterprise’s social impact, as well as the pressure it can have on the public. This seminar hosted by the Thailand Institute of Justice occurred amidst a recent public hearing on the Social Enterprise Promotion draft bill, which has now reached the final stage before being handed over to the National Legislative Assembly for consideration.

THE VOLUNTEERS

Student charity run in Malaysia collects RM200,000 (approximately US$50,000) to support victims of human trafficking. The race was organized as part of the global charity event, “24-Hour Race,” and saw participation from over a thousand people who completed over 15,000 laps. This year’s race was the event’s eighth iteration and increased the total amount collected by the event to RM4.85 million (approximately US$1.2 million). The money will be channeled to The Exodus Road, a nonprofit organization that will train and equip 24 national local law enforcers and help fund 24,000 hours of investigation across 2,400 locations to support victims of human trafficking.

THE TRUSTBREAKERS

 Self-proclaimed Thai philanthropist organizing anti-drug campaign arrested for drug trafficking charges. Kalyakorn Siriphatarasomboon, better known by her nickname as Jay Lin, was arrested in Phrae province in northern Thailand for drug trafficking charges. The police found and seized 1.6 million tablets of methamphetamine and 10 kilograms of crystal meth aboard a pickup truck which she was driving. The suspected drug trafficker had launched an anti-drug campaign among local teenagers, especially youth soccer players, in Chiang Mai, Thailand, and donated money to impoverished people in the region, but the police suspected such charitable acts and events were merely a cover-up for her drug trafficking crimes.
Seoul city government-backed foundation accused of various corruption incidents and organizational malpractices by current and former employeesThe Seoul Digital Foundation, founded by the Seoul Metropolitan Government and funded by its taxpayer money, was accused of various questionable practices by current and former employees. For one, the foundation’s chairman used a corporate card under the foundation 37 times—mostly on Friday nights—for personal meals near his apartment, totaling an amount of approximately US$2,719. In public audit hearings, the foundation’s chairman would resort to the excuse of funding security and cleaning staff’s meals. It was also revealed that the chairman used the corporate card to watch professional baseball games and to pay for meals and drinks at these games. Covering up and disguising these payments was considered a daily practice within the organization, as staffers were ordered to record fake meeting minutes.
Various side effects appear for Japan’s hometown tax donation (furusato nōzei) system. What was originally intended to be a system to encourage and incentivize individual giving to local governments turned out to be a tax loophole and a profitable trade in goods and services. Over the years, some local governments began offering gifts in return for donations. The law does not prohibit gift-giving, but in principle, items on offer should be produced in the area represented by the local government in question. However, more and more governments are offering expensive gifts that have no relation to their local industry or agriculture, with competition heating up to the degree that dozens of websites have appeared to help consumers choose among gifts that are available. Some have also pointed out how the system is particularly advantageous for the wealthy who pay higher residence taxes, as they can claim a part of their residence tax payment as a deductible donation.

Who’s Doing Good?

26 November 2018 - 2 December 2018

THE GIVERS

The fund led by Vincent Tan to prevent temple from demolition reaches RM2 million (US$480,000). Vincent Tan has cited Buddhist teachings and a sense of respect for places of worship common to Malaysians for championing the cause of the Seafield Sri Maha Mariamman Temple which is marked for demolition. Through the fund, the land, measuring 0.5 hectares and valued at US$3.4 million, will be bought back from its developer. Tan’s initial pledge of RM500,000 (US$164,000) grew fourfold since the announcement, with contributions from other notable Malaysian high-net-worth individuals. Malaysians interested in contributing can choose from either traditional or electronic banking channels. Crowdfunding via social media has also been proposed. In 2011, Vincent Tan was featured on Forbes‘ “Asia’s Heroes of Philanthropy” list for pledging to donate half of his life’s savings.

THE THINKERS

Pharmacists hold key to revolutionizing heathcare in Southeast Asia but oversight is crucial. Natalia Hendrickson argues that a variety of problems with formal healthcare systems in Asia—for example, long distances and steep costs—have spurred the prominence of pharmacists. But in the absence of formal training and data, complications with dosages and diagnoses are likely to emerge. Hendrickson hails the recent Electronic Drug and Safety System (eDSS) launched in the Philippines as an innovative solution. An average of 23 million pharmacy transactions and patient prescriptions are uploaded to a database in real-time through the application software each month. The Philippines Food and Drug Administration and mClinica, developers of the software, can tap into this rich data to identify and address issues in real-time.

Foundations constantly innovating with regards to impact investing to attract investors. Foundations, namely the Ford Foundation and the Sasakawa Peace Foundation, are increasingly making use of innovative strategies to attract private investors to impact investing, states a podcast hosted by Knowledge@Wharton. One of such strategies is the creation of safety nets for investors. Roy Swan, Director of Mission-related Investments at the Ford Foundation, argues that during a downturn, sovereign wealth funds may not be able to guarantee a 25% return on market-rate housing, but the same money, invested in affordable housing during such a downturn, can be safely predicted to generate returns of about 8%. The Sasakawa Peace Foundation, too, is experimenting with “blended finance,” which combines development finance and philanthropic funding.

THE NONPROFITS

Global health nonprofit, PATH, partners with Vietnam’s Ministry of Health and United States Agency for International Development (USAID) to launch key steps for HIV prevention. Pre-exposure Prophylaxis (PrEP) services have been launched nationwide in Vietnam to help individuals at risk of HIV infection. By taking a pill every day, PrEP has been known to reduce the risk of infection by 92%. The nationwide roll-out of the service was preceded by pilots run in 2017 in collaboration with various nonprofit organizations. Vietnam is the second Asian economy to implement such a program after Thailand, which did so in August this year. The nonprofit organization at the center of this service, PATH, works to accelerate health equity through cross-sector collaborations.

Charity concert in Singapore raises SG$2 million (approximately US$1.5 million). In its 14th edition this year, the charity concert, ChildAid, involved over 140 participants aged five to 19 who sang and danced to help other children in need. The event was directed by Singaporean singer Dick Lee and involved revisiting pop music from the last 60 years. This year’s collection takes the total amount raised by the event since 2005 to SG$18 million (approximately US$13 million). Money raised by the event is channeled to The Straits Times’ School Pocket Money Fund and assists disadvantaged children with expenses such as food and transport.

THE BUSINESSES

J. Walter Thompson and Tata Pravesh release “The Positive Move” on World AIDS Day. The digital film chronicles the individual stories of HIV-positive teenagers who had to face social exclusion but refused to let that hinder them. The teenagers went onto start “Café Positive,” Asia’s first café run independently by HIV-positive staff members in Kolkata, India. A local nonprofit, Organization for Friends, Energies, and Resources (OFFER), supported the creation of the film. Speaking at the release of the film, Vijay Jacob Parakkal, senior vice president and managing partner at J. Walter Thompson, said, “We found the Café Positive story of grit, determination, and acceptance by people very touching. It does open our doors of perception.”

Nihon Kohden donates portion of sales proceeds to the American Epilepsy Society (AES). For the 10th consecutive year, Nihon Kohden, a major Japanese manufacturer of medical electronic equipment, has donated sales proceeds from one of its machines to the AES. This year’s donation takes the total amount donated by the manufacturer to the AES across the decade to over US$250,000. The AES has been allowed to fund research into significant areas such as the connection between epilepsy and traumatic brain injuries through these donations.

Dai-Ichi Life Insurance invests ¥100 million (approximately US$890,000) in Tokyo-based Molcure. In its seventh impact investment in 13 months, Japan’s third-largest insurance company, Dai-Ichi Life, has invested in Molcure, a Tokyo-based biotechnology firm. The firm is developing what will be the world’s first antibody discovery platform based on machine-learning. Pharmaceutical companies will be allowed to develop drugs that identify antibody candidates quicker. Dai-Ichi Life Insurance, which cited Molcure’s “positive social impact” as a motivator, is a pioneer in the impact investing space in Japan. Since October 2017, it has invested a total of ¥2.2 billion (approximately US$1.9 million) in seven impact investment deals.

THE INNOVATORS

Priyanka Chopra and Facebook come together for #SocialForGood. Actress and celebrity Priyanka Chopra and Facebook joined forces to host a live fundraising event to encourage individual donations for various social causes. Named #SocialForGood, the Live-athon event received 15,244 donations, which is more than a single donation per second, in four hours from more than 57 cities. Speaking about the event, Chopra said, “It was an amazing day, and I am overwhelmed by the support we have received not just from our panelists and performers, but also from all those who tuned into the Live-athon. The conversations were insightful and impactful, and what made the day a success was the number of donations received for each of these important causes. It showed that we care and that we can use #SocialForGood.”

The world’s largest crowdfunding platform for impact investing raises US$1.5 million for solar energy business. Freyr Energy, an Indian solar solutions firm, has closed a US$1.5 million fundraising round through Impact Partners, the world’s largest crowdfunding platform for impact investing. Impact Partners brought together a consortium of global investors, including the Netherlands-based C4D Partners and India-based angel investors. According to the Impact Investment Exchange’s assessment, funding will expand access to reliable and affordable solar energy to 2,275 households and 2,975 businesses, enable 675 off-grid rural villages to enjoy electricity for the first time through micro-grids, and avoid 167,270 metric tons of carbon dioxide emissions by 2022.

THE VOLUNTEERS

Indian Navy commander and captain win Asian of the Year award for Kerala flood rescue. Commander Vijay Varma and Captain P Rajkumar, both pilots, were honored at The Straits Times’ “Asian of the Year” awards for their death-defying rescue flying during the Kerala floods earlier this year. Varma, 42, winched up a heavily pregnant woman who gave birth just after being airlifted to safety, while Rajkumar, 54, rescued 26 people up from a rooftop in the port city of Kochi. A video of Varma’s rescuing of the pregnant woman went viral on social media.

THE TRUSTBREAKERS

Abraaj founder gets a lifeline amidst scandals and a good reputation tarnished. In recent months, Abraaj Group fell from being a respected US$14 billion impact investing powerhouse to a company offered a buyout of just US$1, additionally facing a scandal at a key lender. Facing a pressing liquidation demand from a Kuwaiti lender, Abraaj Group, fortunately, received an extension order from the Cayman court, so that it may devise a restructuring proposal over the next three months. The decision saves Abraaj investors from years of lawsuits and advisor fees. One investor said, “The fact that the court ruled in favor of an extension despite attempts to derail it means there is hope.” Had the court denied the request for a moratorium, Abraaj would have been forced to liquidate its assets at steeper discounts, seriously hurting creditor recoveries. Meanwhile, Abraaj founder, Arif Naqvi, is reported to have spent the last nine months talking to his biggest creditors, portfolio companies, and other stakeholders.

Who’s Doing Good?

5 November 2018 - 11 November 2018

THE GIVERS

Tmall.com Double Eleven Festival lucky draw winner donates prize money to children’s charity. The winner of the Double Eleven Festival draw, a shopping festival now greater in value than Black Friday and Cyber Monday combined, donated most of her prize money to a charity dedicated to finding lost children. The prize allowed the Hangzhou-based woman to spend up to 100 million yuan (approximately US$14 million).

THE THINKERS

Bill Gates demoes “reinvented” toilets, calling attention to over 4.5 billion people without proper sanitation. A result of US$200 million invested by the Bill & Melinda Gates Foundation over the years, Bill Gates demoed innovative toilet designs this week in Beijing, China, at the Reinvented Toilet Expo. Requiring no water or electricity to run, the designs can also treat waste into water and fertilizer. A lack of access to proper sanitation costs half a million lives and over US$2 billion in associated expenses annually.

THE NONPROFITS

Charity groups can apply for grants up to SG$900,000 (approximately US$650,000) to improve processes. The Tote Board, Singapore’s largest grant-making organization, has launched the “Nonprofit Sector Transformation Initiative” worth SG$10 million (approximately US$7.26 million) to help charities boost their operational capabilities. The money will be given to 10 nonprofit organizations and can be used to hire external consultants or staff to improve internal processes and capacities or to boost their IT systems.

THE BUSINESSES

JD.com launches program to support children with special needs through art therapy. The new program from the Chinese e-commerce giant aims to raise money for the World of Art Brut Culture (WABC), a Shanghai-based non-governmental organization which highlights artistic talents of those with developmental disabilities.  As part of the initiative, JD.com sought out paintings designed by WABC-supported children to feature their artwork on 100,000 of its delivery packages.

THE INNOVATORS

Boys’ Brigade Singapore launches PayNow QR code for donations to its Share-A-Gift project. Boys’ Brigade’s Christmas charity project this year is going cashless by introducing PayNow QR codes. The project provides food hampers for the needy and grants wishes for items. Going cashless allows the organization to reach a wider base of donors, claims Mr. Lui Chong Chee, chairman of the project. In its 31st year now, requests from 41,756 beneficiaries, including 9,053 needy families and individuals, will be catered.

THE VOLUNTEERS

Kottayam to be India’s first hunger-free district, thanks to volunteer groups. Various volunteer groups, nonprofit organizations, and support from the locals have allowed the Kottayam district in India to be the first hunger-free district in the country. In addition to systematic contributions from the local Red Cross and other eateries, individuals leverage Facebook groups, as well as deposit boxes, to provide for the homeless and hungry.

THE TRUSTBREAKERS

I never lied about RM2.6 billion donation, says Razak. Najib Razak, former Prime Minister of Malaysia, is facing 38 criminal charges, including 25 charges for money laundering and abuse of power that are related to purported donations. Amidst the charges, he claims he did not lie about the RM6.2 million (approximately US$1.48 million) donation that he received in his personal account. He maintained that the funds came from the late monarch of Saudi Arabia, Abdullah Abdulaziz Al-Saud. “All business regarding the receipt and return of the funds is within the knowledge of Bank Negara Malaysia, the corresponding banks, and my officers. Throughout the handling of the funds I received, no doubts were raised by Bank Negara, or the recipient’s banks, or the officers who handled my accounts,” he said in an interview.

Indonesian charities at risk of being used to launder cash and finance terrorism. Australia’s financial intelligence and counter-terrorism agency, Austrac, has found that Indonesia is at “high” risk of suffering consequences from financing terrorism (often inadvertently) along with Australia. Asia’s other representatives in the report, Singapore and Thailand, face a “medium” risk, while the problem is less severe in Brunei. The report calls individuals to always donate to “recognized, well-established” charities.

Who’s Doing Good?

22 October 2018 - 28 October 2018

THE GIVERS

Hong Kong billionaire Lui Che-woo donates RMB 200 Million to Tsinghua University. One of the richest businessmen in Hong Kong and chairman of the K.Wah Group, Lui Che-woo has donated RMB 200 million (approximately US$28 million) to Tsinghua University in Beijing, China, to establish the Biomedical Sciences Building. The building is planned to enhance the university’s teaching and research capabilities, as well as house leading medical research centers, including the National Centre for Protein Science.

Hong Kong billionaire and alumni to match all donations to Hong Kong scholarships. Billionaire and chairman and CEO of Melco International and Melco Crown Entertainment, Lawrence Ho and his sister, Daisy Ho, who are both alumni of the school, have pledged to match every donation received by the University of Toronto (Hong Kong) Foundation in a new initiative called HK Match and help expand its existing scholarship program so that it fully covers tuition and living costs.

THE THINKERS

Proposed changes to India’s CSR laws could deplete motivation. As the world’s only economy with mandatory CSR, India is expected to collect upwards of Rs50,000 crore (approximately US$7 billion) from corporations by March 2019. But recent amendments have “hardened” the law, argues Shashwat DC. The author suggests corporations could turn away and treat CSR as a mere requirement. Grassroots beneficiaries, he adds, stand to lose out most as corporations may re-center towards low-hanging, low-impact contributions in their CSR approaches.

Private sector’s push in higher education and ease in regulation necessary says vice-chancellor of India’s rising university. Professor C. Raj Kumar, a former Rhodes Scholar at the University of Oxford and the founding vice-chancellor of the O.P. Jindal Global University (JGU), has cited government regulations and lack of attention to research among Indian private universities as important contributors to India’s struggle in global university rankings. His remarks came as JGU, established in 2009, broke into the 2019 QS Asia University Rankings. 

THE NONPROFITS 

Group of eight corporations, nonprofits, educational institutions, and individuals win President’s Volunteerism and Philanthropy Awards in Singapore. Launched in 2012, the annual President’s Volunteerism and Philanthropy Awards honor individuals, companies, ground-up movements, nonprofits, and educational institutions who give back to the community. The winners for 2018 were picked from nearly 100 nominations. Notable corporate and academic winners include Citi Singapore and the National University of Singapore. Assisi Hospice was chosen as the nonprofit winner for providing end-of-life care as a health-oriented nonprofit organization. President Halimah Yacob said, “I’m heartened that this year’s winners include firms that made giving an integral part of their corporate culture, as well as individuals who are passionate in helping those around them.”

Opportunities for Indian women grow as social and economic restrictions are addressed. This brief case study notes an increasing focus towards women in India, the participation of whom is seen as central to sustaining the Indian economy. Through a handful of profiles including that of a former expat now turned entrepreneur running Asia’s first commercial biobank and Katalyst, an initiative helping women from low-income communities, JPMorgan Chase presents an optimistic outlook for women in India.

THE BUSINESSES 

Sustainable exchange-traded fund (ETF) industry to be worth over US$400 billion by 2030, says BlackRock chairman. Larry Fink, chairman of the world’s largest asset manager BlackRock, expects sustainability to form the core of all investments made in the future. Following the announcement of the plan to launch six Environmental, Social, and Governance (ESG)-screened ETFs in Europe, Fink also opined that rates of returns on social investments would also outpace those on traditional investments. However, BlackRock was the subject of protests in September during which the company was alleged to be the largest owner of fossil fuels companies and hence “failing to walk the talk.” 

THE INNOVATORS

Binance releases 2018 donation report for West Japan disaster. Having delivered cryptocurrency donations to flood victims in West Japan via its Blockchain Charity Foundation, Binance has released its 2018 donation report. The Blockchain Charity Foundation and other external donors sent in around a total cryptocurrency amount worth US$1,410,000. With these funds, over 41,000 individuals in three prefectures received medicine, shelter, and other resources.

THE VOLUNTEERS

Malaysian university students raise funds and volunteers to help those in need. Organized by students of KDU Penang University College, the Technicolor Festival brought the student community together to raise funds and conduct volunteering activities for those in need. Students raised RM138,000 (approximately US$33,000), as well as collaborating with the Penang Social Welfare Department to help underprivileged families. Dr. Chong Beng Keok, the university’s vice chancellor, commented, “It is about different communities coming together and a platform for them to showcase their creativity, talents, and skills. This festival is not only to celebrate culture but the proceeds will also be channeled to the underprivileged.” 

THE TRUSTBREAKERS

Ex-Malaysian Prime Minister faces six new corruption charges. A Malaysian court on Thursday charged former Prime Minister Najib Razak with six new corruption charges in relation to alleged embezzlement involving the state-owned 1Malaysia Development Berhad (1MDB) fund. The new charges were added to the existing 32 cases of corruption against him in regards to the 1MDB fund. Former Prime Minister Razak denied the allegations, claiming that the money was a donation from a Saudi Arabian prince and that he was cleared by Malaysian authorities during his time as Prime Minister.

Who’s Doing Good?

15 October 2018 - 21 October 2018

THE GIVERS

Chinese Americans’ contributions to and role in the United States philanthropic landscape grow. The article mentions recent trends in philanthropic giving among high-net-worth Chinese Americans and features individual philanthropists as case studies. From the Huntington Library’s Chinese garden, which received gifts of US$10,000 or more from 400 Chinese American families and those of US$1 million or more from 20 Chinese American individuals, to a 418% increase in the number of Chinese American foundations between 2000 and 2014, Chinese American philanthropy is clearly shown to be on the rise. In recent days, Chinese American philanthropists have adopted new innovations in giving, including impact investing, as well as giving back more to their home countries. “Chinese Americans are now proud of ascendant China and want to support the institutions that make it both in education and culturally a powerhouse,” said Randy Shulman, vice president for advancement at the Huntington Library.

THE THINKERS

“Getting the Best Possible Failures in Philanthropy: What constitutes ‘good’ failures in philanthropy, and how can we have more of them?” In this article, Jen Ford Reedy, president of the Bush Foundation, suggests that “not all failures are created equal” and that there needs to be another element added to our standard practice in philanthropy: “failure optimization planning.” In other words, “how can we design our strategies so that if they do fail, they will be good failures?” Three ways that a failure can be “good” include: “1) contribute knowledge to the field, 2) have a significant, positive, but unintended consequence, or 3) increase the capacity of all involved to try other approaches.”

Making bequests to nonprofit organizations rise in Japan as a new way of giving back to society. The recent trend appears to be fueled by the growing number of people living alone and heightened interest in preparations for the end of one’s life. It is also important to consider the fact that in Japan if there is no one to inherit an estate, it goes into the state coffers, so it has naturally become more popular among aged individuals living alone to consider giving back to charities of their choice. The potential for bequests is expected to be greater and greater, as time passes. According to the Cabinet Office, there were about 5.9 million households in which a person aged 65 or older lived alone in 2015. The figure is estimated to reach about 7.6 million in 2035.

THE NONPROFITS

Aid to 11 million at risk as Pakistani intelligence force 18 charities to close operations. Amidst the Pakistani government’s recent decision to inform 18 foreign nonprofit organizations to close down their operations in the country, it has been claimed that Pakistan risks losing at least £100 million (approximately US$130.6 million) worth of aid for 11 million citizens in need. The expelled organizations also directly employ more than 1,100 staff in Pakistan. According to the article, it is thought that Prime Minister Imran Khan’s government made the decision under pressure from Pakistan’s powerful military spy agency which has accused foreign aid organizations of being a front for espionage. “We are deeply saddened by the government decision and extremely concerned about the impact it will have on communities, particularly hundreds of thousands of children the organization is currently supporting, as well as our own staff—who are all Pakistani nationals,” said a spokeswoman for Plan International.

THE BUSINESSES

JD.com’s green initiative for sustainable consumption. JD.com, China’s largest retailer, the World Wide Fund for Nature (WWF), and The China Children and Teenagers’ Fund (CCTF) are partnering to launch a second annual Green Planet-Sustainable Week, raising awareness about sustainable consumption in China. JD.com plans to promote reusable shopping bags created from the fabric of discarded apparel in response to a call from the WWF to reduce pollution caused by plastics. Customers will also be able to trade in major appliances for recycling by third-party companies through JD.com’s platform. “The spectacular rise of Chinese consumption has been a major force behind the country’s incredible economic story, but has also contributed to unprecedented environmental challenges,” said Zhonghao Jin, head of market practice at WWF China. He believes this week’s activities will help “raise consumer awareness and accelerate the mainstreaming of sustainable consumption.” 

THE INNOVATORS  

A skincare social enterprise is changing the lives of women and girls in rural India. Anju Rupal, the founder of the ethically minded, charitably driven beauty brand Abhati Suisse, is an “aesthetic activist.” Before launching her company, Rupal helped run a shelter for victims of domestic violence, founded a children’s clinic in Switzerland, and created a reforestation nonprofit. During her time at the reforestation nonprofit, she identified a business opportunity to produce organic beauty items that would also help address the issue of gender inequality in India. Working with the beauty industry’s top chemists in Switzerland, Abhati Suisse utilizes locally harvested ingredients from India to produce organic beauty products, whose sales are then used to help send women and girls in India to schools. To date, Abhati Suisse has helped more than 120,000 girls.

Unilever Philippines combines e-commerce and philanthropy to help children in need. Initiated by Unilever Philippines, Shop2Give is a one-day shopping event on Lazada. On this special day of giving back to society, product illustrations on the e-commerce platform were changed into quirky illustrations reminiscent of children’s doodles, and every purchase went towards Shop2Give’s beneficiaries, which was further matched by Unilever Philippines as a donation to UNICEF.

Indian Prime Minister to unveil a CSR portal on October 24, 2018. Prime Minister Narendra Modi will unveil a portal for CSR and volunteering in an ambitious bid to consolidate such efforts to maximize their effect and help boost the government’s initiatives. The Ministry of Electronics and Information Technology is making hectic preparations for the launch of the portal, which is being developed by MyGov and will host CSR activities that have already been kicked off. The idea is to create a resource pool and find a way to “harmonize efforts,” not just across companies, but also to “align” them with the priorities of the government in areas such as the Skill India, Digital Literacy, Financial Inclusion, and Swachh Bharat campaigns, said a person aware of the development.

THE VOLUNTEERS

Korean nonprofit head leads volunteer activity in Vietnam for 12 years. Global Friends began its volunteer work in 2006 to help bereaved family members of the Vietnamese War. Choi Kyou-take, founder of this organization, has since led volunteer medical services, offered scholarships, and donated personal computers to rural communities in Vietnam. “Global Friends isn’t a large charity group, but has conducted volunteer activity for more than 10 years in the Southeast Asian country, Choi told The Korea Times, adding, “Not many charity groups in Korea volunteer in a certain country for more than 10 years.”

THE TRUSTBREAKERS

Former Deputy Prime Minister of Malaysia claims trial to 45 charges. The Malaysian Anti-Corruption Commission (MACC) has arrested Ahmad Zahid Hamidi and carried out investigations over alleged abuse of funds linked to his family-run foundation, Yayasan Akalbudi, as well as another probe related to 1MDB over a meeting with a member of the Saudi Arabian royal family. Zahid claimed trial on October 19 to 45 charges of criminal breach of trust, abuse of power, and money laundering involving some RM114 million (approximately US$27.4 million). One of the charges is believed to be related to claims that RM800,000 of funds from Zahid’s charity had been used to pay for his and his wife’s credit card bills between 2014 and 2015.

British government to fund a global register of sex offenders in the charitable sector. Following the Oxfam abuse scandal, where volunteers sexually exploited victims of the Haiti earthquake in 2010, the British government has announced its decision to launch a global register of suspected sexual predators to crack down on abuse in the foreign aid sector. Named “Soteria” after the Greek goddess of protection, the register will be funded by £2 million (approximately US$2.6 million) of British aid money. The five-year program will operate from two hubs in Africa and Asia and allow charities to check the criminal records of existing and future employees. Interpol, the Association of Chief Police Officers’ Criminal Records Office, and the Department for International Development will work together on the database, which will issue international alerts if someone is deemed to be a threat to public safety.

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?

13 August 2018 - 19 August 2018

THE GIVERS

United Arab Emirates-based Indian-origin tycoons pledge Rs 12.5 crore for Kerala flood victims. Nearly 200 people have been killed in Kerala since August 8 due to floods caused by rains and landslides. Indian-origin businessmen from the United Arab Emirates have sworn to do their bit by donating money. Born in Kerala, Yusuff Ali M.A., chairman and managing director of Lulu Group, has announced a Rs 5 crore (approximately US$717,600) donation. K.P. Hussain, chairman of Fathima Healthcare Group, has donated the same amount. Additionally, Hussain said that his group has coordinated with the state’s health secretary to send volunteers from its medical faculty.

THE THINKERS

Malays have done well, but more can volunteer, says Prime Minister Lee Hsien Loong. In his speech at the National Day Rally, Prime Minister Lee said that while Malays in Singapore have taken great strides to build a strong culture of self-reliance and cooperation, more can step forward to volunteer with community groups. He added that by volunteering more, Malays can make more progress in tackling challenges faced by the community, including getting more children to attend pre-school, empowering and mentoring youth, and supporting those left behind because of drugs or social problems.

Cost is a concern for seniors who want to “age in place.” The Lien Foundation’s study found that the elderly in Singapore are “aging in place” with home and center-based care services rather than nursing homes. However, these services are far more expensive with costs going up to SG$3,100 (approximately US$2,260) to look after a disabled senior at home, as opposed to the median full cost of SG$2,400 (approximately US$1,749) for looking after the same person in a nursing home. The study also found that the demand for center-based services has exceeded its capacity with the Ministry of Health spending close to SG$800 million (approximately US$583 million) on long-term care in 2016

THE NONPROFITS

China’s Red Cross donates mobile clinics and ambulances to Syria. The Red Cross Society of China donated two bus-turned mobile medical clinics and two ambulances to Syria’s Arab Red Crescent. Wang Qinglei, the representative of Beiqi Foton Motor, the company that took part in the funding of the donation under China’s Red Cross, said the mobile clinics are equipped with X-ray machines, ultrasound scanner, defibrillator, distance diagnosis, and treatment system. The donation by Beiqi Foto Motor is estimated at 6 million yuan (approximately US$900,000). Following the delivery of the donated clinics and ambulances, Chinese engineers and technicians also trained their Syrian counterparts to operate the equipment and do the maintenance work.

THE BUSINESSES

Five impressive CSR initiatives for Pakistan’s Independence Day celebrations. As a way of celebrating the country’s Independence Day on August 14, various companies have hosted CSR projects and initiatives. Ranging from paper shopping bags embedded with seeds that can be planted after use by customers to promoting diversity across the country, the article features five innovative cases of CSR projects and initiatives.

 THE INNOVATORS 

Indian startup digs into data to make small farms smarter and says transparency can solve mismatch of poor growers and starving people. MyCrop Technologies has produced a mobile application that it says can help raise agricultural productivity in Asia and beyond, benefiting both farmers and consumers. The application uses big data, artificial intelligence, and machine learning to provide insights on how to increase yields, the best crops for a given type of soil, and the timing on when to grow them. The service is free for farmers to use, as MyCrop charges a fee to fertilizer companies and financial institutions for the data that it accumulates and shares and as it also receives a significant amount of government funding.

THE VOLUNTEERS

Samsung Electronics employees volunteer to support overseas startups. Since 2010, Samsung Electronics has been assisting startups in Indonesia, Malaysia, India, and South Africa with pricing strategy, market research, and planning. On August 13, the Korean conglomerate conducted intensive training for its startup accelerating program with the International Information Technology Graduate School in Bangalore, India, as part of its volunteer service work. The company mentored around 20 new venture startups over the last two months.

THE TRUSTBREAKERS

Jackie Chan criticized online for giving 50,000 copies of his autobiography to disability charity. The Chinese public has been questioning Hong Kong martial arts celebrity Jackie Chan’s donation of 50,000 copies of his autobiography to the China Disabled Persons’ Federation. One Weibo user commented, “If you were disabled and still rose to fame, I’d acknowledge that; but stuff like this where you’re bragging about yourself, how is this related to people with disabilities? Shameful!” According to the announcement of the donation made by the Beijing-based charity, Chan hopes “the stories and life experience in the book can bring pleasure and inspiration to people with disabilities.”

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?

23 July 2018 - 29 July 2018

THE GIVERS

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

THE THINKERS

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

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

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

THE NONPROFITS

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

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

THE BUSINESSES

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

THE INNOVATORS

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

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

THE VOLUNTEERS

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

THE TRUSTBREAKERS

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