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.

Who’s Doing Good?

4 June 2018 - 10 June 2018

THE GIVERS

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

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

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

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

THE THINKERS

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

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

THE NONPROFITS

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

THE BUSINESSES

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

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

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

THE INNOVATORS

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

THE VOLUNTEERS

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

THE TRUSTBREAKERS

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

Who’s Doing Good?

28 May 2018 - 3 June 2018

THE GIVERS

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

THE THINKERS

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

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

THE NONPROFITS

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

THE BUSINESSES

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

THE INNOVATORS

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

THE VOLUNTEERS

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

THE TRUSTBREAKERS

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

 

Who’s Doing Good?

14 May 2018 - 20 May 2018

THE GIVERS

Prince Harry and Meghan Markle ask for donations to charity in lieu of wedding gifts. The couple has asked for donations to a number of charities, instead of traditional presents for those who wish to send a wedding gift to them. 7 charities are chosen to represent a range of issues they are passionate about, including sport for social change, women’s empowerment, conservation, the environment, homelessness, HIV and the Armed Forces.

THE THINKERS

Funders, get out of your own way to achieve greater impact. Funders can be nonprofits and social enterprises’ greatest enemy, according to Open Road Alliance, a philanthropic initiative that provides bailout grants to social impact organizations that encounter mission-crippling obstacles. Its newly released Roadblock Analysis Report, which looks into the 102 applications for support the initiative received over the last five years, reveals that “Funder-Created Obstacles”, such as delay of disbursement, a change in funder strategy, and funder policy inflexibility, made up of half of the roadblocks nonprofits and social enterprises face during project implementation. Other factors, including weather event or market change under the “Act of God/Economics” category, and fraud/theft filed under “Organizational Misfortune”, tied at 27% each.

THE NONPROFITS

NGOs can play a bigger role to protect migrant fishing workers in Thailand. Natthaya Phetcharat, a labor rights activist, said members of legally registered NGOs should be allowed to collaborate with Thai officials to help migrant workers in fishing industry, as they have more confidence in the networks and feel more comfortable talking to NGO advocates than to just the authorities, according to a survey which interviewed 300 migrant workers in the industry.

THE BUSINESSES

Nokia vows to digitize 500 Indian villages in five years’ time. Through its newly launched “Smartpur” project, Nokia vows to bring connectivity and enable digital applications in education, healthcare, governance, and finance to 500 villages and rural communities across the country in 5 years. The initiative aims to bring efficiency in daily lives, transparency in governance, economic prosperity for households and ease of access to various government services and information, the Finnish telecom gear maker said.

Samsung vice-chairman holds on to foundation chairmanship. Lee Jae-yong, Samsung Electronic’s vice-chairman, will serve as chair of Samsung Life Public Welfare Foundation for another term, despite speculations of the contrary after criticisms of him using the chairmanship to garner more control of the Korean conglomerate. The board re-appointed him last Friday in the belief that Lee “best understands the vision of the foundation and is the most suitable person to carry out its social contribution activities”.

THE VOLUNTEERS

Kodak expands global literary program with local printers and staffers. More printers across the globe are signing up for Kodak’s Print for Good initiative, which aims to print and donate children’s book titles and school notebooks. Last year, the initiative placed more than 30,000 books and printed materials to thousands of children in Europe, the US, Latin America, Asia and the Middle East. Kodak staffers are also encouraged to support their own community’s literacy initiatives, including participation in local school reading programs. This year, the imaging company will establish a new partnership with Room to Read, a global nonprofit focusing on literary and girls’ education in low-income countries to roll out a literacy program for an Indian community.

Who’s Doing Good?

7 May 2018 - 13 May 2018

THE GIVERS

China’s “super rich” joins the world in upping their commitment to philanthropic causes. Who’s the most generous in China? According to the latest Hurun USA-China Philanthropy List 2018, which ranks the most generous individuals from the U.S. and China, He Xiangjian, founder of Midea Group, an electrical appliance manufacturer, ranked fifth on the list with a US$1.18bn donation he made last July. Xu Jiayin, chairman of Evergrande, a property developer, made it to the eighth with his donation of US$540m last year. Other renowned philanthropists on the top ten list include Bill Gates, George Soros, and Mark Zuckerberg. 76 in China, and 290 in the U.S donated more than US$5m in the last 12 months till March; education, in the form of scholarship, and healthcare remain the two most preferred cause among philanthropists in the two countries.

Regulatory hurdles hinder foundations and social enterprises in China to jump on the impact investing bandwagon. Charitable foundations and social enterprises in China are keen to allocate capital to impact investing funds that are in alignment with their social or environmental agenda, but many are struggling with regulations in using their funds as a non-profit entity, observed Amanda Zheng, principal at China Impact Ventures, adding that similar restrictions do not exist in markets such as Hong Kong.

THE THINKERS

Philanthropists and technologists discuss their role in unleashing tech potential for social good. Paula Goldman, vice president of Omidyar Network, a philanthropic investment firm, led a panel discussion at the Global Philanthropy Conference on ways to leverage data with sensitivity to tackle the world’s greatest social challenges. The funders and practitioners in attendance contemplated the implications to humanitarian sector in unleashing data, such as satellite imagery, and geolocation data for humanitarian work. Attendees also talked about the risks, tradeoffs, and the norms to be set for ethical data usage. Despite skepticism in Facebook’s data privacy policy as the data breach scandal continues to unfurl, Chaya Nayak, who leads Facebook’s “data for good” initiative, said “the same data that is really powerful in building profit for the company could be equally, if not more, powerful in solving some of the world’s biggest challenges,” with reference to the disaster map work Facebook developed for humanitarian purpose.

THE NONPROFITS

China-NGO relations: ten years on after Wenchuan earthquake. Many sees the 2008 earthquake at Sichuan a watershed towards greater trust between the Chinese government and the nonprofits, but they remain uneasy bedfellows: the government may have realized the prowess and agility of the NGOs in disaster relief, but suspicion of some of these NGOs’ motives remain.

THE BUSINESSES

Ride-hailing with a cause in India. Ola has recently launched a crowdsourcing initiative on its ride-hailing platform to support India’s critical social issues. Riders in India can opt to contribute a sum of one rupee per ride. In partnership with Tata Trusts’ Alamelu Charitable Foundation, the crowdsourced sum will be allotted to strengthen cancer care in India.

THE INNOVATORS

Virtual technologies can transform how nonprofits communicate their message. Virtual technologies such as virtual reality (VR) and augmented reality (AR) have huge potential to transform how social messages are delivered. In this article, Susan Bales and Andrew Goldstein share their experience in adoption and utilization of these technologies for social good, as well as the pitfalls to avoid.

THE VOLUNTEERS

Ageing in place: Singapore trains volunteers to assist elderly in the community. The Singaporean government has trained volunteers, young and old, to engage with elderly in their neighborhood during their free time. Healthcare services and active ageing schemes available in Singapore are introduced to these volunteers in their training. As “Silver Generation Ambassadors”, they are expected to help point elderly residents in the community to the relevant support schemes depending on their needs.

THE TRUSTBREAKERS

South Korea regulator steps up its battle in taming the chaebols (article written in Korean). The Fair Trade Commission (FTC), which is the most powerful economic/private sector-regulating body in Korea, officially announced in its meetings with corporate executives of top ten chaebols in Korea that it will investigate into 57 corporate foundations of major conglomerates to identify issues of corporate foundations in aspects of tax and corporate ownership succession planning. FTC is expected to roll out comprehensive regulations in regard to these particular aspects of corporate foundations in the near future.

Child rape charge against Canadian aid worker raises alarm on loopholes in monitoring humanitarian staffers. The recent arrest of a prominent Canadian aid worker on suspected child molestation in Nepal brings to the fore once again the issue of monitoring international humanitarian NGO staffers dispatched to areas in crisis. This issue is only aggregated by limited government oversight common under such circumstances. “The absence of strict regulations means aid groups can be used as a cover for human traffickers and predatory behavior by humanitarian workers,” said Pushkar Karki, the head of Nepal’s Chief Investigation Bureau, the agency overseeing the case.

Who’s Doing Good?

26 March 2018 - 8 April 2018

THE GIVERS

Korean financial conglomerate businessman donates dividends eight years in a row. Park Hyeon-joo, chairman of Mirae Asset Daewoo, decided to donate his 2017 annual dividend worth ₩1.6 billion (US$1.51 million). Park has made similar donations for the past seven years, totaling his net donations to an amount of ₩21.6 billion (approximately US$21.1 million). Park’s donations will be allocated to his scholarships that fund Korean students who want to study abroad.

Chinese Filipino tycoon donates for construction of table tennis training center. Stephen Techico, chairman of the Uni-Orient Travel Inc. and honorary president of the Federation of Filipino-Chinese Associations of the Philippines, gave a P10 million (US$200,000) donation to the Philippine Sports Commission to support the construction of a new table tennis training center in Manila, which will be named as “Philippines-China Table Tennis Training Center.”

THE THINKERS

“The charity business: drawing the line in spending for philanthropy” In this article based on multiple expert interviews, the author touches on perennial debates and challenges facing the charitable sector. Should nonprofit employees earn competitive wages? Should charities spend donations on advertising? Why do charities face different standards compared to businesses?

Pakistan hosts its first national forum on philanthropy in Islamabad. The 1st National Forum on Philanthropy in Pakistan was hosted by the Higher Education Commission jointly with the Pakistan Centre for Philanthropy and Global Donors Forum at the Commission Secretariat. The theme of the forum was “Conventional to Strategic: A New Paradigm in Giving.” Centre for Asian Philanthropy and Society’s Mehvesh Mumtaz Ahmed presented the findings of the Doing Good Index as a guest speaker and panelist.

 

THE BUSINESSES

Hana Financial Group supports sports for the disabled. Hana Financial Group, a major financial services company in South Korea, donated ₩1 billion (approximately US$930,000) to the Korea Sports Association for the Disabled. The donation will particularly support national athletes participating in the 2018 PyeongChang Paralympics. The donation was made as part of the company’s larger “humanity financing” corporate social responsibility project.

THE INNOVATORS

Forbes’ 30 Under 30 Asia list recognizes innovative Asian social entrepreneurs. From tackling environmental problems to raising awareness about contraception and sex, 30 social entrepreneurs across Asia have been chosen by Forbes’ 30 Under 30 Asia list for their work.

THE VOLUNTEERS

Volunteers make octopus toys to help premature babies. Inspired by the Danish Octo Project’s “Octopus for a Preemie” movement, Michelle Neo from Singapore scaled up her personal hobby of making octopus toys for premature babies to a larger volunteer movement. Such octopus boys, explained by the Danish Octo Project to resemble an umbilical cord and “remind babies of their time in the womb,” are believed to have some soothing effect. Now, Neo and six of her friends are running a Facebook page “Handmade with LOVE Octopus – for Preemies” to solicit volunteers to make octopus toys for hospitals and those in need.

THE TRUSTBREAKERS

Singapore police arrests four men for collecting donations from public without license. Four men, aged between 18 and 24, have been detained by the police for publicly collecting donations without having the House-to-house and Street Collections license. The suspects were reported to claim that they were representatives of an organization and that the donations would go to former convicts and underprivileged families.

Who’s Doing Good?

19 March 2018 - 25 March 2018

THE GIVERS

Chinese philanthropist donates US$3 million to alma mater. Ming Mei, co-founder and CEO of GLP, a leading provider of global logistics solutions, is donating US$3 million to Indiana University. Half of the donation will endow a tenured chair in Chinese economics and trade in the Department of East Asian Languages and Cultures, while the other will establish a tenured chair position in logistics.

Singaporean philanthropists come together to develop facility for assisted living. A group of five philanthropists from Singapore have joined forces to set up the first purpose-built assisted living facility that will allow seniors with mobility issues to live independently.This announcement was made by Laurence Lien, chairman of the Lien Foundation, at the inaugural ASEAN Philanthropy Dialogue. The facility is expected to be completed by 2021.

THE THINKERS

“Philanthropy in Pakistan: Why civil society organizations get bypassed in favor of donations to individuals.” In this article, Shazia M. Amjad and Muhammad Ali of the Pakistan Centre for Philanthropy explain why Pakistanis prefer to donate directly to individuals over nonprofit organizations. Four major reasons are cited: 1. Compassion spurs in-the-moment giving in small cash. 2. Religious institutions receive the bulk of giving that goes to organizations. 3. There is a lack of trust in nonprofit organizations. 4. It is usually with more wealth that giving to formal organizations become more common.

Malaysian Sultan states Islamic finance can be combined with impact investing and philanthropy. Speaking at a forum themed “Enhancing the value of Islamic capital market through social and impact investment” co-organized by the Securities Commission Malaysia and the Oxford Centre for Islamic Studies, Sultan Nazrin Muizzuddin Shah said that the Islamic finance sector must remain relevant by being involved in the global agenda to alleviate poverty and inequality. Impact investing was one channel through which Islamic finance could contribute to social causes, while he also cited philanthropy as another area that can be combined with Islamic finance via institutions such as sadaqah (voluntary charity) and waqf (endowment).

“Money or Mission? The Fight about Big Tobacco’s Philanthropy” In this article, Erin Rubin discusses the International Labour Organization (ILO)’s conflict of interest with the tobacco industry. While tobacco companies provide roughly US$15 million in donations for social projects sucha s programs to end child labor, they are also notorious, according to the International Union of Food, Agricultural, Hotel, Restaurant, Catering, Tobacco and Allied Workers’ Associations, for “poor working conditions, exploitation of workers, and abuse of their rights.”

THE NONPROFITS

Lien AID leads a collective effort to provide clean water access in rural Myanmar. Lien AID, a Singapore-based international nonprofit committed to enabling sustainable access to clean water and sanitation for Asia’s rural poor, is planning to create more clean water projects in Myanmar. To do so, Lien AID believes tackling the problem of sustaining access to clean water must be a collective effort. That is, it seeks to work in close partnership with governments, businesses, individuals, other nonprofits, and academia in order to increase the impact of its own programs.

THE BUSINESSES

AmorePacific hosts marathon for breast cancer awareness. AmorePacific, South Korea’s beauty and cosmetics conglomerate, hosted a marathon in Busan to raise public awareness about breast cancer. According to the company, about 5,000 participated in the marathon, and funds raised during the event from ticket sales have been donated to the Korea Breast Cancer Foundation to cover surgical expenses and medical examinations for cancer patients.

THE INNOVATORS

Three Southeast Asian social entrepreneurs win inaugural social impact award. Three social entrepreneurs were chose as the winners of the inaugural ASEAN Social Impact Awards in recognition of their social impact and innovation. Indonesia’s Tri Mumpuni won first place for her efforts in providing access to electricity, as well as training villages to run the plants independently. Cherrie Atilano from the Philippines and Somsak Boonkam from Thailand were runners-up. Atilano was recognized for her role in increasing farmers’ access to finance, technology, and information on the best farming practices for the purposes of fair trade, as well as working with farmers on sustainable farming methods to protect the environment and farmers’ future livelihoods. Boonkam was recognized for his work with local communities to build their capacity for community-based tourism.

THE VOLUNTEERS

Zhou Xun announced as TOMS giving ambassador. Zhou Xun, a renowned Chinese actress who is also a UNDP Goodwill Ambassador, will become the American footwear company TOMS’ Goodwill Giving Ambassador in Asia. Zhou and the company’s founder Blake Mycoskie went on a trip to Yunnan province late last year to donate shoes to primary school students.

THE TRUSTBREAKERS

Former Korean President’s private foundation comes to the spotlight amidst corruption allegations. Founded by former President Lee Myung-bak, Lee & Kim Foundation (known as “Cheonggye Foundation” in Korean) was recently criticized for receiving tax benefits as a charitable organization when only 0.7% of its total assets were used for scholarships. This criticism comes at a time when President Lee is currently under investigation for a corporate corruption scandal involving his family members and cronies.

Who’s Doing Good?

12 March 2018 - 18 March 2018

THE GIVERS

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

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

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

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

THE THINKERS

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

THE NONPROFITS

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

THE BUSINESSES

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

THE INNOVATORS

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

THE VOLUNTEERS

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

THE TRUSTBREAKERS

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

Who’s Doing Good?

12 February 2018 - 18 February 2018

THE GIVERS

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.

THE THINKERS

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.

THE NONPROFITS

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.

THE BUSINESSES

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.

THE INNOVATORS

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.

THE VOLUNTEERS

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.”

THE TRUSTBREAKERS

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.

Who’s Doing Good?

5 February 2018 - 11 February 2018

THE GIVERS

Chinese home appliance-maker’s founder tops the list of China’s top 100 philanthropists for the first time. He Xiangjian, founder of Midea Group Co., Ltd., donated 6.8 billion yuan (US$1.09 billion) to charity last year, topping for the first time the list of China’s top 100 philanthropists published by Beijing Normal University’s China Philanthropy Research Institute. According to the same report, the top 100 givers in China donated a total of 23.3 billion yuan (US$3.68 billion). In comparison, the top 50 givers in the United States donated US$12.2 billion to charity in 2016.

In the wake of the Hualien earthquake, donations from Taiwanese philanthropists pour in. Including those from ultra-high-net-worth philanthropists, total donations (as of February 8, 2018) to disaster relief funds for people affected by the earthquake in Hualien, Taiwan, is reported to have exceeded NT$600 million (US$20.42 million). List of notable companies and organizations includes: Hon Hai Precision Industry, Formosa Plastics Group, Lin Rung San Foundation of Culture and Social Welfare, Union Bank of Taiwan, Pegatron, and Fubon Financial Holding.

Prince Charles launches education impact bond for India. With the support of the British government’s Department for International Development, Comic Relief, the Mittal Foundation, the UBS Optimus Foundation, and philanthropists like Sir Ronald Cohen, the US$10 million Development Impact Bond (DIB) aspires to help improve education for over 200,000 children in India. The DIB is the largest bond of its type in South Asia and is the latest fundraising initiative by the British Asian Trust, which was set up by Prince Charles in 2007 to fight poverty in South Asia.

THE THINKERS

SK plans to launch research unit on social enterprises. In March, the South Korean conglomerate will establish and fund a nonprofit research foundation on issues relating to social enterprises. Chey Tae-won, Chairman of the SK Group, has been a longtime supporter of social enterprises in Korea.

THE NONPROFITS

Doctor and his healthcare charity win the The Straits Times Singaporean of the Year award. Dr. Goh Wei Leong and his team have been named The Straits Times Singaporean of the Year, an award organized by The Straits Times and sponsored by UBS Singapore. Dr. Goh co-founded HealthServe, a healthcare charity in Singapore that provides migrant workers with affordable healthcare and other social services.

THE BUSINESSES

Hyundai Motor supports the 2018 PyeongChang Winter Olympics by providing 4,100 vehicles and ₩50 billion (US$46.95 million) donation. On top of the logistical and financial contributions it has made to PyeongChang, Hyundai has been an active supporter of winter sports in Korea, developing upgraded bobsleighs and providing coaching staff for the country’s national team.

THE INNOVATORS

Grab and the International Federation of Red Cross and Red Crescent Societies (IFRC) join forces to raise funds for supporting vulnerable communities. Grab is Southeast Asia’s leading on-demand transportation and mobile payments platform, and its customers will now be able to convert GrabRewards loyalty points to a donation to the IFRC. Such partnership is the IFRC’s first fundraising initiative globally to use a smartphone application.

The Tata Trusts launches the “Social Alpha Energy Challenge” to find high-impact innovations that could catalyze system change in the field of energy. The challenge is managed and run by the Tata Trusts’ Foundation for Innovation and Social Entrepreneurship (FISE), which supports innovative, technology-based solutions for social impact. It specifically focuses on clean technology, sustainability, and energy efficiency and will select a maximum of 10 winners, whose ideas will receive incubation and other forms of support from the Tata Trusts.

THE VOLUNTEERS

Charity and volunteerism help fight aftermath of the Hualien earthquake in Taiwan. On top of the reported total of NT$600 million (US$20.42 million) in charitable donations, many are offering to help as volunteers utilizing their resources and skills. Hsu Tang-yu from Taichung, for example, showed up in Hualien to provide rescue workers with bowls of noodles from her mobile ramen cart, while a team of traditional Chinese medicine practitioners set up a station to treat rescue workers’ back pain and sore muscles.

THE TRUSTBREAKERS

A Hong Kong millionaire’s bribery case in Africa shows another incident where a donation and NGO status are abused as a bribery vehicle. Chi Ping Patrick Ho, former Hong Kong Home Affairs Secretary and founding chairman of an energy NGO registered in Hong Kong and the United States, was alleged to have drafted a letter to the President of Chad expressing a Chinese company’s desire to make a US$2 million “donation” to support “social and other programs as [the President] see[s] fit.” Ho’s bail application and request to be put under house arrest were rejected.