Bill Gates shares his insights on doing philanthropy in India. In this comprehensive interview with Hindustan Times, Gates touches on a variety of pertinent issues such as healthcare and shares the Bill & Melinda Gates Foundation’s experience of working and interacting with governments and other philanthropists.
Pakistani think tank argues CSR should be used to build peace. The Sustainable Development Policy Institute (SDPI) says the private sector in Pakistan has the potential to better promote businesses and contribute to economic development by allocating funds for fighting against extremism and promoting social harmony and peace.
Are we missing the bigger picture for CSR? In her article in the India Development Review, Vanessa D’Souza, CEO of Society for Nutrition, Education and Health Action (SNEHA), discusses the bigger picture companies are missing in their CSR strategy when deciding which NGOs to work with. D’Souza points out how CSR-nonprofit relationship has turned down to resemble a job interview, where the majority of the questions revolve around “everything organizational.” From financial sustainability to risk management processes, companies are focusing less on the actual programs and ground-level knowledge of nonprofit professionals, but more on organizational capacity. D’Souza poses the question, “How will these organizations answer questions on financial sustainabiltiy and risk management when they don’t have the wherewithal to put all these systems in place?” Read what D’Souza has to say to learn what CSR can actually do to help the sector of doing good.
NGO promotes palliative care in Indonesia. Rachel House, a nonprofit organization that specializes in children’s palliative care, is successfully creating an ecosystem for palliative care in Indonesia. When it was founded in 2006, Rachel House was the first pediatric palliative care service provider in the country. Now, it is working to train professionals and build capacity of other individuals and organizations for a strong palliative care ecosystem.
AboitizPower donates technical-vocational equipment to senior high schools in Cebu, the Philippines. AboitizPower, a major power generation company in the Philippines, provided two Cebu high schools with technical-vocational equipment such as sewing machines, heavy-duty power drills, and spindle moulders worth P2.8 million (US$54,000). A total of 844 students were seen to benefit from this gift.
Lotte Duty Free celebrates 38th anniversary with charitable donations and community initiatives. Just before its 38th anniversary on February 14, 2018, Lotte Duty Free, a major travel retail company in Korea, hosted a number of community service activities and gave charitable donations to those in need. Hundreds of employees, including the CEO, volunteered for welfare centers and local organizations, while the company donated approximately ₩25 million (US$23,000) and rice to support the elderly and the homeless.
Sir Ronald Cohen announces setting up two major impact investment funds in India. Sir Ronald Cohen, Chairman of the Global Steering Group for Impact Investment (GSG), has announced setting up two impact investment funds, each estimated to reach up to US$1 billion by October. The India Education Outcomes Fund (IEOF) will aim at improving the quality K-12 education, while the India Impact Fund of Funds (IIFF) will look at other development programs. The IEOF will raise funds primarily from bilateral agencies, philanthropists, local and global institutional donors, CSR budgets, and government institutions, while the IIFF will raise funds from Indian high-net-worth individuals, both abroad and at home.
Alibaba applies its business products and services to tackling poverty in China. On top of the many charitable funds and donations led by its executive chairman, Jack Ma, Alibaba has integrated its e-commerce and technological expertise into its CSR programs. From providing e-commerce platforms for rural entrepreneurs to offering online micro-lending to farmers, Alibaba is making “doing good” smart.
With a public fundraising platform, Yahoo Japan helps raise money for Hualien earthquake victims in Taiwan. As of February 14, 2018, 139,138 donors in Japan had contributed about ¥126 million (US$1.16 million) through the Japanese online portal’s crowdfunding platform. The online fundraising campaign is expected to continue for one more week.
Two volunteers share their experience of “voluntouring.” In a magazine interview, two Singapore-based volunteers talk about their personal stories of working with the Happy Hearts Fund, a charity that helps rebuild schools in disaster-affected parts of the world. Specifically, they discuss their experience of “voluntouring,” traveling to other countries to do charitable work. Having visited Indonesia to help rebuild schools, one interviewee said, “If they [children in Indonesia] cannot afford to travel to see things for themselves; at least the ‘world’ is coming to them.”
Oxfam’s sexual misconduct scandal has ramifications on not only its own charitable work, but also the larger aid industry. Since allegations of sexual misconduct have been made against Oxfam and its employees, many stakeholders have responded, suggesting there may be greater implications than a mere scandal. The Charity Commission of the United Kingdom has launched an inquiry, while some corporate partners have chimed in as well. The British government also told Oxfam it could forfeit large sums of government money if it did not explain itself, while the European Union, another major financial supporter, called for transparency from the organization. This scandal comes at a time when public trust in the sector was already at its lowest-ever in the country, and what is most concerning is that this scandal is bolstering the agenda of the Conservative Party to terminate the country’s commitment to spend 0.7% of GDP on foreign aid.
Singaporean hospital warns of cancer research fund donation scam. Tan Tock Seng Hospital, one of the largest multi-disciplinary hospitals in Singapore, warned its social media followers about a scam soliciting donations to a cancer research fund. According to the hospital, relevant authorities have been informed of the situation, and local media outlets are in the process of requesting for more details from the hospital.