In 2017, over 2,000 foundations in China carried out nearly 6,800 philanthropic programs in the field of childhood education. This report provides background on the current situation and policy environment in this field, and analyzes the features of these programs, their impact and future development trends. It also includes 12 in-depth case studies of innovative programs. Read it here: English, Chinese.
Step Back for Advancing: Exploration and Practices of Chinese Foundations in Childhood Education
Webinar: Asia Society Hong Kong Center Program Charting the Path Forward
Catching the world unaware, Covid-19 has sent the global economy and the lives of billions into a tailspin. In the wake of this pandemic, the public, private, and social sectors must come together to work towards a stronger and more equitable Asia as we build our way out of this crisis. At a time when foreign funding is declining across the region, “Asia for Asia” philanthropy must fill the gap—and the Doing Good Index shows how.
CAPS’ Co-Founder and Chief Executive Ruth Shapiro and Director of Research Mehvesh Mumtaz Ahmed present the key findings of the index and showcase how governments, philanthropists, companies and the social sector can work together for mutual benefit. This discussion was moderated by Ronnie C. Chan, Co-Founder and Chairman of CAPS and Chairman of Asia Society Hong Kong Center.
Who’s Doing Good
Charitable funds boost donation in a tough year for giving. Straits Times highlights how more wealthy people in Singapore are setting up charitable funds that give at least six-figure sums to charities. According to this article, there were 143 donor-advised funds set up with the Community Foundation of Singapore during the financial year ending in March 2020. Despite many donors tightening their belts during Covid-19, these charitable funds disbursed SG$20.2 million (approximately US$15 million) during that year.
Hong Kong organizations hoping charity begins at home as economic crunch sees donations dry up. The impact of last year’s civil unrest and Covid-19 has left many Hong Kong charities on the brink of collapse. South China Morning Post spotlights Hong Kong foundations that are stepping in to meet the demand for funding. One example includes Jennifer Chen, CEO of Chen Yet-Sen Family Foundation, who is leading a campaign called “Bridge the Gap”. The initiative calls on residents to donate all or part of their HK$10,000 (approximately US$1,300) government relief payout to NGOs in need. The Chen Yet-Sen Family Foundation, Fu Tak Iam Foundation, and The Hong Kong Club Foundation will match these public donations up to specified amounts for at least 25 local organizations in need.
A call to digitize Bangladesh’s NGO Affairs Bureau. In this op-ed, associates of The Legal Circle in Bangladesh argue that the government should take immediate measures to digitize the registration process for NGOs. CAPS’ Doing Good Index 2020 found that Bangladesh has one of the longest and most complex registration procedures in Asia. According to this article, there is a severe backlog of registrations, in part due to the influx of NGOs responding to the Rohingya refugee crisis. This backlog is expected to get worse with the Covid-19 pandemic. Digitizing the registration process, they argue, is not only aligned with the government’s vision of a ‘Digital Bangladesh’, but it will also allow NGOs to set up more efficiently and help the country re-build after the crisis.
Capital markets lawyers sharpen impact investing skills. Financial Times highlights how pro bono work in Asia is evolving to embrace new areas of legal expertise, even as Covid-19 restrictions limit traditional pro bono work. This article argues that a longer-term shift towards impact investing—as well as an urgent need for funding in the NGO sector—provides lawyers with an opportunity to contribute their legal expertise in capital markets. The article cites the example of lawyers working pro bono on Impact Investment Exchange’s Women’s Livelihood Bond deal. Since deals in the impact investing space tend to raise smaller sums, legal services priced at market rates would mean very high fees relative to the deal size. Pro bono legal services offer an opportunity to help get this new market off the ground.
Huawei begins ‘Seeds for the Future 2020’ in Bangladesh. Huawei’s flagship CSR program ‘Seeds for the Future’ aims to develop global ICT (information and communication technology) talent by bridging the gap between academic and industry knowledge. The program is part of the company’s long-term CSR activity dedicated to STEM (science, technology, engineering, and mathematics) and ICT students worldwide. Seeds for the Future has benefitted over 30,000 students around the world, and has recently expanded to Bangladesh. The program aims to help the country achieve its ‘Vision of Digital Bangladesh 2021’ plan by equipping youth with ICT skills that will help them innovate local solutions for local needs.
Mi India pledges 2,500 smartphones worth Rs 2 crores (approximately US$300,000) towards digital inclusion. In addition to recent initiatives to help over 200,000 families affected by Covid-19 and 10,000 families impacted by Cyclone Amphan, Mi India announced a new donation of 2,500 smartphones to students in need. Mi India has partnered with Teach For India, which has shifted to blended learning during India’s lockdown, to distribute phones to children from under-resourced communities and help them access online classes.
Four lessons for launching a social enterprise. In Stanford Social Innovation Review, the founder and team members of Mauqa Online share their lessons from launching and expanding their social enterprise in Pakistan. By sharing what they wish they had done differently at certain points of growth, they hope to help the next wave of social entrepreneurs. Ultimately, they encourage social entrepreneurs to use the enterprise’s social mission to help guide decision making along the way.
We’d also like to hear from you. How is your organization responding to Covid-19? Email us your stories at email@example.com.
Who’s Doing Good
Hong Kong tycoon Li Ka Shing to donate another HK$101 million (US$13 million) to medical and welfare sectors amid pandemic. A fifth of the donation will go to encouraging graduates of the Li Ka Shing Faculty of Medicine at The University of Hong Kong to stay back and serve the city, by providing each graduate with a HK$50,000 (approximately US$6,500) cash gift. The rest of the donation will benefit Hospital Authority’s hospitals, 12 local NGOs, and individuals who fall outside of the city’s social security safety net as Hong Kong battles its third wave of Covid-19 cases. This fresh bequest follows earlier donations of HK$100 million (approximately US$13 million) and HK$80 million (approximately US$11 million) to Wuhan and Hong Kong, respectively, to help contain their Covid-19 outbreaks.
Forbes China releases 2020 China Philanthropy List. In its 14th edition, the list includes 100 business owners and their firms, representing ¥17.91 billion (approximately US$2.57 billion) in cash donations. Xu Jiayin, president of real estate giant Evergrande Group, tops the list with charitable cash donations of ¥3.01 billion (approximately US$430 million) in 2019. Yang Guoqiang, founder and chairman of Country Garden, and his family ranked second with ¥1.52 billion (approximately US$218 million) in cash donations.
Korea’s top research university receives record donation from entrepreneur Lee Se-young. Lee, head of real estate company Gwangwon Industry, announced a donation of real estate worth ₩67.6 billion (US$56.4 million) to the Korea Advanced Institute of Science & Technology (KAIST)—the biggest donation received by the school since its founding in 1971. Lee has previously donated real estate worth ₩8 billion (approximately US$6.7 million) in 2012 and ₩1 billion (approximately US$900,000) in 2016, making her cumulative donation to KAIST around ₩76.6 billion (approximately US$65 million). Lee hopes that her donation will help Korea produce its first Nobel Prize winner in science.
Taiwan among the leading group of “Doing Well” in the Doing Good Index 2020. Read more (in Chinese) about Taiwan’s leading performance in the latest article by CAPS’ Chief Executive Ruth Shapiro. In CommonWealth Magazine (天下雜誌), Shapiro discusses Taiwan’s laws and policies that promote an accountable and transparent social sector and engagement with it.
Singapore-based NGO to invest up to SG$100 million (approximately US$73 million) in environmental projects in India. The Alliance to End Plastic Waste, a Singapore-based NGO working in the environmental sector, plans to invest in India over the next five years to help reduce the country’s plastic waste. Projects so far include an initiative to reduce plastic waste in the river Ganga and a partnership with UN-Habitat to implement solutions towards a circular economy. The Alliance also has a budget of SG$400 million (approximately US$290 million) for environmental projects in Southeast Asia and China.
Hitachi to donate ¥100 million (approximately US$1 million) to support research on the novel coronavirus. The funds are earmarked for “The Hitachi Global Foundation Fund for Research Support of Infectious Diseases,” which will support researchers in Japan and the ASEAN region. This follows earlier Covid-19 relief efforts from Hitachi Group, including donating PPE and providing US$1 million in loans to businesses in need through Kiva.
Wix helps bring first-of-its-kind remote learning initiative to Philippines Department of Education. Wix, a leading website creation platform, announced that over 43,000 e-learning websites were built and launched in two days through its project with the Philippines Department of Education. Under the government’s “Digital Rise Program,” this initiative enabled teachers with no coding experience to digitize their curriculum via Wix, helping schools transition to e-learning during this time.
Yoma Bank donates 6,000 masks and school supplies to under-resourced students. In Myanmar, Yoma Bank donated design-your-own masks, intended to improve the motivation of students to follow safety practices by allowing them to personally design their masks. In collaboration with Step-in Step-up, a vocational training academy, Yoma Bank also provided mask-wearing training to ensure students wear, remove, and handle masks in a safe manner when they return to school.
China sees increase in number of registered volunteers. The number of registered volunteers reached 169 million in China by the end of 2019, a 13.9% increase year-on-year, according to the Blue Book of Philanthropy—a report released by the Chinese Academy of Social Sciences, the Social Sciences Academic Press, and the China Lingshan Council for the Promotion of Philanthropy. These volunteers together offered over 2.2 billion hours of service last year. The monetary value of this work is estimated to be ¥90.3 billion (US$12.8 billion).
We’d also like to hear from you. How is your organization responding to Covid-19? Email us your stories at firstname.lastname@example.org.
Who’s Doing Good
Renowned filmmakers Wong Kar-Wai, Peter Chan Ho-sun, and Derek Yee pledge US$33.5 million to help revive the Hong Kong Film Industry. The donation will go to Hong Kong’s new Directors’ Succession Scheme, a government-funded initiative to boost the local film industry after Covid-19. The directors have pledged to pass on their skills and experience to the next generation, and they will be pairing up with promising local filmmakers to co-produce films during this uncertain time.
Read more about CAPS’ Doing Good Index 2020 in the Myanmar Times, “Myanmar moves up in Doing Good Index 2020,” and in Arthikpati (Nepali), “डुइङ गुड इन्डेक्स २०२० सार्वजनिक, च्यारिटी∕डोनेशनका लागि राम्रो वातावरण हुनेमा सिगापुर र ताइवान.” Listen to Money FM’s interview with CAPS’ Chief Executive Ruth Shapiro, where she discusses the index and a rising trend of cross-sector collaboration across Asia.
New report: Gender Lens Investing Landscape – East and Southeast Asia. The Sasakawa Peace Foundation, in partnership with Catalyst at Large and Sagana, launched the region’s first landscape of gender lends investing (GLI) investment vehicles in both public and private markets. The report aims to track the size and state of the gender lends investing market in Asia over time.
New report: Sustainable Investing Review 2020. According to Standard Chartered’s latest report, Sustainable Investing Review 2020, sustainable investment is on the rise in Asia. 90% of investors in the region said they are interested in sustainable investment and plan to invest 5-10% of their funds in this area. Yet, the report also highlights the need for more awareness and information regarding ESG solutions, as many affluent and high-net-worth investors in the region are still apprehensive about sustainable investing.
H&M Foundation to support female garment workers in Bangladesh. The Foundation will donate US$1.3 million to provide emergency relief to an estimated 76,000 young women and their families in the greater Dhaka area amidst Covid-19. The funds will be distributed to WaterAid, CARE, and Save the Children. In response to the devastation of the textile industry caused by Covid-19, H&M foundation has also pledged long-term upskilling, re-skilling, digital literacy, and entrepreneurship initiatives to help enhance the employability of female textile workers.
Wadhwani Foundation commits Rs 200 crore (approximately US$27 million) for social development programs amidst Covid-19. The Foundation announced the Sahayata Initiative to help distressed small and medium enterprises affected by Covid-19 as well as to help public health workers improve their Covid-19 knowledge and skills. The initiative consists of three programs: the Sahayata Business Stability program, the Sahayata Covid-19 Skilling program, and the Sahayata Public Health Innovation program.
Shangri-La partners with Diversey to upcycle 12,500 kg of hotel linen into face masks for the vulnerable. 21 participating Shangri-La hotels in Southeast Asia and Sri Lanka joined the initiative Linens for Life Face Masks, together with Diversey, a global hygiene solutions provider. The hotel linens have been upcycled into half a million reusable face masks by local nonprofits in the region. The masks will be distributed to local communities in need, such as refugees and asylum seekers in Bangkok, Thailand and orphanages in Johor Bahru, Malaysia.
A joint CSR program in Malaysia to benefit 500 schools nationwide. This program by Green Packet’s subsidiary KiplePay and the Malaysia Xiang Lian Youth Association Charity and Education Fund will create an end-to-end digital experience for 500 schools. This initiative comes in response to Covid-19 which was “a wake-up call for schools to seriously consider putting in place technologically advanced protection systems that can continue to protect school children, even after the Covid-19 pandemic.”
Johnson Controls–Hitachi Air Conditioning India to train rural youth across the country. Recently, India’s Prime Minister cited air conditioning as a priority sector in the government’s push to generate jobs. As part of its ‘Unlocking Skills’ CSR initiative, Johnson Controls-Hitachi Air Conditioning India will expand skill development for the air conditioner and refrigeration industry amidst the Covid-19 pandemic. The company will leverage its trainers, specially designed curriculum, and its six skill development centers in Andhra Pradesh and Gujarat to train rural youth via a virtual platform.
Companies continue to give to Covid-19 relief efforts. In Malaysia, Tropicana and Top Glove have jointly announced a donation of RM1.8 million (approximately US$500,000) worth of medical equipment and supplies to the Ministry of Health Malaysia. In India, Hyundai Mobis donated Rs3.5 crore (approximately US$500,000), with Rs 0.5 crore going to the PM CARES Fund and Rs3 crore to distributing masks and sanitizers through a local nonprofit.
We’d also like to hear from you. How is your organization responding to Covid-19? Email us your stories at email@example.com.
Who’s Doing Good?
Singaporeans donated SG$90 million in first five months of 2020, equal to whole of last year’s donations. From January to May of this year, SG$90 million (approximately US$64 million) was donated to the Community Chest, the Community Foundation of Singapore’s Sayang Sayang Fund, and through the online donation platform Giving.sg. This amount was around the same as the total donations received by the Community Chest and Giving.sg in the entire year of 2019, according to a joint statement by the Ministry of Culture, Community and Youth and Ministry of Social and Family Development.
17th China Philanthropy Ranking released. The 17th edition of the annual China Philanthropy Ranking, supported by China’s Ministry of Civil Affairs and the China Charity Times, was released on June 16. This year’s ranking includes 118 philanthropists with a total of ¥5.45036 billion (approximately US$771 million) in donations, and 605 companies with a total of ¥1.245 trillion (approximately US$176 billion) in donations.
GIIN’s 2020 Annual Impact Investor Survey released. The Global Impact Investing Network (GIIN) released the 10th edition of its flagship report, which provides an overview of the global impact investing market. This report includes an updated market sizing analysis—estimating the current market size at US$715 billion—trends analysis, and insights on topics such as climate investing, the evolution of impact measurement, and policy developments over the past decade. CAPS’ recent study, Business for Good: maximizing the value of social enterprises in Asia, points out that impact investment in Asia is not yet living up to its full potential. While Asia accounts for nearly 50% of global GDP, GIIN’s latest report finds that only 14% of global impact investment is allocated to the region.
CEO of Singapore’s NVPC argues corporate giving during Covid-19 more than just a PR exercise. Melissa Kwee, CEO of the National Volunteer and Philanthropy Centre (NVPC), highlights examples of corporate efforts amidst Covid-19 that aligned a company’s purpose and expertise to enable more strategic giving. She cites Temasek, which leveraged its supply chain networks to provide hand sanitizers to all Singaporean households, and the Singapore Metal & Machinery Association, which mobilized a donation of 3,800 sets of PPEs. Kwee states that this is a step up from past CSR efforts that can sometimes be peripheral to the business or more reactive activities that lack a larger strategic intent.
Covid-19 covers 80% of CSR budget for India Inc., according to Crisil Foundation. According to the Foundation, CSR spending thus far has been in the form of contributions to the PM CARES Fund and other relief funds, as well as distribution of food, PPE, and other relief supplies to the needy. The Foundation’s chief operating officer stated, “Interestingly, the 130 companies analyzed by Crisil accounted for nearly 80% of the total CSR spend by all listed companies in fiscal 2019. Assuming other companies would have followed a similar path, India Inc. has already allocated over 80% of the annual CSR budget to address the pandemic. This could impact spending on other areas this fiscal year.”
ASEAN and The Asia Foundation, with support from Google.org, collaborate to equip 200,000 micro and small enterprises with digital skills and tools amidst the Covid-19 crisis. The ASEAN Coordinating Committee on Micro, Small and Medium Enterprises and The Asia Foundation have jointly launched ‘Go Digital ASEAN,’ supported by a US$3.3 million grant from Google’s philanthropic arm. The initiative will focus on expanding economic opportunities across ASEAN member states and mitigating the negative impact from the Covid-19 crisis. It aims to close the digital divide by equipping micro and small enterprises, as well as underemployed youth in rural and isolated areas, with crucial digital skills and tools.
Largest donation for Philippines’ fight against Covid-19 came from Project Ugnayan of the Philippine Disaster Resilience Foundation (PDRF) at US$29.1 million. PDRF, the Philippines’ major private sector vehicle and coordinator for disaster management, has made the largest contribution to the government’s Covid-19 response to date: US$29.1 million. The next biggest donors to the government’s relief efforts are USAID, San Miguel Corporate, and Unilab. Ayala Group, which took an active part in Project Ugnayan, has set forth an array of other relief efforts to tackle Covid-19 in the Philippines. Recently, Ayala Group donated an automated RNA Extraction machine and two RT-PCR machines to Southern Philippines Medical Center and other institutions, which will help Davao boost its testing capacity to a maximum of 1,000 tests per day.
Tzu Chi Foundation Indonesia raised Rupiah 500 billion (approximately US$36 million) towards fighting Covid-19. The six biggest donors to the Foundation’s Covid-19 initiative were Sinarmas, Djarum, Indofood, Astra, Agung Sedayu Group, and Artha Graha Peduli. The funds will be used to purchase various equipment needed to help handle the outbreak in Indonesia.
Excelerate Energy has become the key sponsor of the HOPE Foundation for Women and Children of Bangladesh to support the organization’s Covid-19 relief efforts at the Rohingya camp outside Cox’s Bazar in Bangladesh—home to more than a million refugees. The US company’s donation will provide up to 10,000 patients a year with outpatient and in-patient services, diagnostics, critical care, emergency transportation. It will also fund PPE for staff and surrounding community, staff training, and awareness programs.
Mastercard builds on Covid-19 response with commitment to expand financial inclusion initiative. The new commitment—an extension of Mastercard’s 2015 pledge to bring 500 million excluded people into the financial system—will bring a total of 1 billion people and 50 million micro- and small- businesses worldwide into the digital economy by 2025. This article shares examples of Mastercard’s financial inclusion initiatives in Bangladesh, Cambodia, India, Indonesia, Thailand, and Vietnam.
American Express India has pledged INR 9 crores (approximately US$1.2 million) towards Covid-19 relief efforts. This includes contributions to the PM CARES Fund and nonprofits working in Covid-19 relief areas—such as mobilizing essential supplies, providing medical kits, feeding healthcare professionals, and developing and providing PPE to vulnerable communities. American Express India has also partnered in an initiative called ‘Hunger Heroes’ that will help distribute dry rations and essential supplies to the families of 10,000 food delivery riders impacted by the pandemic.
PwC Singapore launches new initiatives to support the community amidst Covid-19. The company is releasing “Digital Fitness for the World,” a learning app aimed at increasing digital acumen and upskilling, to the public for free from June 8 onwards. PwC is also working to help small and medium enterprises accelerate digitization with dedicated digital advisory services, solutions, and upskilling programs. Other Covid-19 initiatives from PwC include purchasing and distributing food to vulnerable communities.
Indonesia-based e-sports company helping fight Covid-19 through streaming, direct action. EVOS Sports, which operates across Southeast Asia, has initiated a number of efforts, including streaming matches and collaborating with influencers and social delivery organizations, to give back. For example, in Malaysia, EVOS Sports’ PUBG Mobile team played matches among themselves over a livestream and encouraged viewers to contribute to the “Give with Ikhlas” charity initiative, which has raised RM1 million (approximately US$230,000) so far. In Thailand and Indonesia, EVOS Sports’ athletes have also stepped on the ground to cook 3,000 meals for the underprivileged and donate 50,000 masks and surgical gloves.
Responding to Covid-19: Who’s Doing Good?
The Majurity Trust, a philanthropic organization in Singapore, started the Singapore Strong Fund (SSF) to aid ordinary Singaporeans addressing challenges related to Covid-19. Backed by 10 main donors, it has already helped more than 52,800 people as well as rallied together over 3,700 volunteers. The SG$550,000 (approximately US$400,000) fund, finances up to 80% of a project’s cost or gives SG$5,000 (approximately US$3,600), whichever is lower.
Give2Asia is featuring local nonprofits across Asia, and how they’re addressing local needs during Covid-19. This includes examples from India, the Philippines, Korea, Cambodia, and Indonesia, among others.
In Bangladesh, Swiss-based pharmaceutical company Novartis, through its Bangladesh arm, has donated 28,000 PPEs to Swiss Red Cross and Bangladesh Red Crescent Society, worth BDT2.27 crore (nearly US$300,000).
In China, SC Johnson is donating ¥1 million (approximately US$140,000) to the Red Cross. It is also launching its 2020 SC Johnson’s Youth for a Green Life partnership with Shanghai Soong Ching Ling Foundation to help children deal with the pandemic. These efforts are part of a series of financial and in-kind donations—valued at over US$1 million—aimed at helping the Asia-Pacific region battle Covid-19.
In Hong Kong, Citi Foundation has donated US$150,000 to Feeding Hong Kong, which employs B2B logistics to channel surplus food stock to charities feeding those in need. The donation will benefit 5,600 households helping provide up to 14 days’ worth of food supply. The gift is accompanied by a donation of 110,000 face masks, which Feeding Hong Kong will distribute to vulnerable families.
In India, LEGO Group, in collaboration with NITI Aayog and Save the Children, has introduced targeted initiatives in India to promote ‘Learning Through Play’ and support home-based learning during and after Covid-19. This is part of the LEGO Group and LEGO Foundation’s overall commitment of US$50 million globally to help children and their families during Covid-19. Yamaha Motor India donated Rs61.5 lakh (approximately US$90,000) to aid the fight against Covid-19. Rs11.5 lakh of this was earmarked for the PM Cares Fund.
In the Philippines, global shoemaker Bata will donate 2,000 pairs of shoes through SM Foundation to those battling the pandemic including healthcare workers, volunteers, and their families. The effort is part of a global commitment to donate one million pairs of shoes. In an interview with CNBC, Ayala Group Chairman and CEO, Jaime Augusto Zobel de Ayala, underscores the role of companies in helping fight Covid-19, noting, “The Covid crisis has created a new sense of public-private partnerships and unity.”
In Singapore, Citi announced three key initiatives in supporting Covid-19 relief efforts: providing food for marginalized communities, supporting students from disadvantaged backgrounds, and supporting migrant workers. In addition to a global employee donation-matching initiative, Citi has also raised US$1 million in the Asia Pacific in an effort to further support the United Nations Development Programme’s initiatives for vulnerable and marginalized communities.
In Sri Lanka, the Ministry of Education and Microsoft have partnered to advance remote learning during and after Covid-19. Microsoft will support the Ministry by providing students, teachers, ministry officials, and others stakeholders free access to Microsoft Office 365 tools.
In Taiwan, Taiwan Mobile, part of the Fubon Group, is offering tailor-made industry tech solutions to help enterprise customers (such as major hospitals) in the fight against Covid-19. Its enterprise communication system, M+ Messenger, is helping to ensure business continuity and data security, as well as provide support for hospitals to enhance efficient communication amidst the crisis. Taiwan Mobile also provided 15-day free internet access to over 20,000 students who need to learn from home during the pandemic, along with its other ongoing CSR initiatives aimed at bridging the digital divide. The Group also joined other companies in donating masks and hand sanitizer to help combat Covid-19.
In Thailand, the PepsiCo Foundation has partnered with Raks Thai Foundation to initiate three programs valued at THB18 million (approximately US$573,000) to help communities facing hardships due to the pandemic. The programs include “Give Meals Give Hope,” “Give Care to Farmers,” and “Give Care to Healthcare.” Across the programs, PepsiCo Foundation will donate 1 million meals, offer Covid-19 insurance and epidemic prevention gear to more than 3,900 farmers and their families, and donate critical medical equipment to hospitals.
UNESCAP and Good Return team up to provide a financial injection for women-led small and medium enterprises (SMEs) in the time of Covid-19. United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and Good Return will support women-led SMEs in accessing the capital needed to support their businesses. The partnership will create a multi-country credit guarantee scheme across Cambodia, Nepal, Fiji, and Samoa. This comes at a time in which Covid-19 has exacerbated common challenges faced by women entrepreneurs, such as lack of assets to use as collateral and lower levels of digital literacy.
World Oceans Day prompts a push towards a ‘Blue Economy’ and new financing initiatives. According to the United Nations Development Programme (UNDP), Cambodia’s “Ocean Economy” is valued at US$2.4 billion (representing around 10% of its GDP) and directly and indirectly employs around 3.2 million workers. In order to protect this, the Asian Development Bank (ADB) has outlined four key financial initiatives to assist the country’s transition towards a more sustainable Ocean Economy. These include blue bonds, results-based lending, ocean risk insurance, and payments for ecosystem services. ADB has already committed US$5 billion to expanding its investments and technical assistance in ocean health and the blue economy over a five year period.
Volunteer army in Indonesia helps fight coronavirus with data, web. The Kawal Covid-19 (Guard against Covid-19) group constructs data models to guide the provincial governor in enacting stronger measures to mitigate the outbreak and to counter misinformation. Kawal’s 800 volunteers have emerged as an increasingly important source of information and guidance, particularly amidst patchy data and conflicting advice from Indonesia’s central government. Kawal emerged from volunteer groups that were set up to monitor 2014 and 2019 elections.
Responding to Covid-19: Who’s Doing Good?
Individuals continue to donate cash, services, and supplies to Covid-19 relief efforts.
Hussain Dawood, chairman of Pakistan’s Engro Corporation and Dawood Hercules Corporation, pledged PKR1 billion (approximately US$6.3 million), in services, supplies, and cash to support various organizations in their fight against Covid-19.
Enrique Razon and his group of companies have donated Php 500 million (approximately US$10 million) in medical supplies. The company foundations of both Solarie and International Container Terminal Services have also contributed to other relief efforts, such as creating and retrofitting Covid-19 treatment facilities and donating food.
Senior administrators at Hong Kong’s nine main universities are donating portions of their salaries to Covid-19 relief funds. Presidents and vice-presidents at The Education University of Hong Kong, The Hong Kong Polytechnic University, The University of Hong Kong, Lingnan University, and The Open University of Hong Kong will give 10% of their salary for the next 12 months. The Chinese University of Hong Kong president, along with seven pro vice-chancellors and vice-presidents, will give 15% of their monthly salaries from May to December.
CSIS (Center for Strategic and International Studies) Senior Adviser and Trustee Chair in Chinese Business and Economics Scott Kennedy examines the response of Chinese philanthropists to Covid-19. According to data from the YISHAN China Philanthropy Data Center, donations to public charities from late January to April 22 had reached over US$5 billion. The large majority (72%) had come from companies. The article looks at the breakdown of corporate donations to Covid-19 relief efforts by industry, firm ownership, and regional distribution.
Tao Ze, Founder and President of YISHAN, shares his observations on Covid-19 and its effect on the nonprofit sector in China. This includes insights into the impact of the crisis on operations and growth of nonprofits, government support for the sector, and what other countries can learn from China’s social delivery organizations.
Charities are stepping up their operations and joining forces to serve communities affected by Covid-19.
In 13 states in India, NGOs fed more people than government did during lockdown. According to a reply submitted by the central government to the Supreme Court: 84,260,509 people in India were provided meals during the lockdown that started on March 25. Overall nearly 37% people were fed by NGOs, but in 13 states, NGOs outperformed state governments in providing free meals. In nine states and union territories, NGOs fed more than 75% of the people who were provided meals during the lockdown. In Kerala and Telangana, all meals were exclusively provided by NGOs. To ensure uninterrupted supply of food grains for NGOs carrying out these services, the central government directed the Food Corporation of India to provide wheat and rice to NGOs at the open market sale rates without the e-auction process, which previously was only offered to state governments and registered bulk users.
Companies are contributing to Covid-19 relief funds and donating needed supplies to affected communities. Companies are also expanding their efforts to aid other countries where they operate.
In Japan, Sony announced that it will manufacture and donate medical face shields to hospitals to make up any shortfall in PPE (personal protective equipment) for healthcare workers. Sony will also help mass produce ventilators designed and developed by Acoma Medical Industry. Toyota, Suntory, Mitsubishi Motors, Teijin, Toray, Kao, Fast Retailing, and Shiseido have also pivoted their production lines or launched new operations to ease the shortage of medical supplies. Daiichi Sankyo announced a US$1 million donation, through the Japan Center for International Exchange, to the Covid-19 Solidarity Response Fund. LINE Corporation and its group companies have set forth 15 different initiatives to support its users in Japan, as well as an array of initiatives for users in Korea, Taiwan, Indonesia, and Thailand. These include facilitating donations, medical consultations, mental health counseling, and more. Mitsubishi Electric announced it will contribute JPY100 million (nearly US$1 million) to support frontline medical workers in Japan and children who are affected by the suspension of school. Eisai, the Japanese pharmaceutical company, is funding and donating PPE to healthcare institutions and organizations in Japan, 10 other Asian countries, the United States, and 8 European countries.
In Korea, Oriental Brewery (OB) and L’Oreal, through their Korea arms, have contributed to relief funds, conducted volunteer activities, and donated supplies to help fight Covid-19.
In Indonesia, 13 Singaporean companies donated 100,000 masks and five tonnes of hand sanitizer to the city of Batam, where 11 of these companies operate. The effort was organized by Singapore’s Economic Development Board, and donations will go to frontline healthcare workers. Chinese iron and steel company Rockcheck Group and Indonesian conglomerate Rajawali Corpora joined forces and donated over a million surgical masks and gloves, after a previous donation of PPE, to support healthcare workers. The Rockcheck Group has donated 100 million yuan (US$14.1 million) so far to eight countries severely affected by the pandemic.
In Myanmar, telecom operator Ooredoo Myanmar donated over 13,000 pre-loaded SIM cards to regional and state governments to distribute to individuals in quarantine centers. Ooredoo is also providing toll-free call access to Consultation Call Centres for those seeking medical advice or information related to Covid-19. Korea’s SK Energy and SK Trading International have donated 4,000 Covid-19 test kits, worth around US$50,000, to Myanmar. POSCO International also donated 100 virus test kits that can run 10,000 tests to Myanmar’s Ministry of Health and Sports.
In the Philippines, Rizal Commercial Banking Corporation (RCBC) is aiding government relief fund distribution. RCBC was given the authority by the Monetary Board to accept government funds and assist in cash distribution under the social amelioration program for Covid-19. Downstream oil industry companies spent Php180 million (approximately US$3.6 million) through their CSR programs for Covid-19 relief efforts. They also donated PPE and gave free fuel to frontliners. The Philippines arm of Macau’s Suncity Group donated US$1 million worth of PPE to 40 public hospitals in Luzon province. LT Group has mobilized at least Php200 million (approximately US$4 million) worth of internal resources to aid frontline medical workers, healthcare institutions, and military personnel. Alliance Global Group companies have donated over Php603 million (approximately US$12 million) to support the country’s medical workers, NGOs, and impacted communities. It also waived rental charges for tenants in various Megaworld and Lifestyle Malls.
In Hong Kong, the business sector is contributing to the fight against Covid-19. A recent article in South China Morning Post highlights examples from the array of corporate relief measures—from offering financial support to providing hotel rooms and testing kits. Examples include relief efforts from HSBC, Standard Chartered Bank, New World Development’s hotel arm, Pentahotel Hong Kong, and a collaboration between Prudential and Prenetics. Bank of China (Hong Kong), through its BOCHK Centenary Charity Programme, donated HK$50 million (approximately US$6.5 million) to charitable organization Po Leung Kuk to support a total of 31 programs. Bank of China (Hong Kong) also sponsored the distribution of anti-epidemic packs to Po Leung Kuk’s beneficiaries. Hong Kong-based Baring Private Equity Asi (BPEA) announced a US$5 million Covid-19 Relief Fund to support affected communities across the region. BPEA Founding Partner and CEO, along with the firm’s four other investment committee members, will forego and contribute 100% of their annual salaries.
In India, Goodera, a Series B funded startup and India’s largest platform for CSR and employee volunteering, is leading India Inc’s efforts against Covid-19. Goodera has curated a list of real-time needs of medical institutions, NGOs, and state governments to facilitate coordination with companies looking to deploy CSR funds to vetted and approved organizations. Goodera has also enabled its massive network of volunteers to virtually lend management expertise to help NGOs execute projects and scale up their operations. Through its dedicated portal for Covid-19, Goodera has seen over 1 million volunteers sign up, and nearly 250,000 users are actively participating in Covid-19 relief campaigns. With CSR funds going directly to Covid-19, NGOs in India are looking at steep reduction in corporate support. FSG, a social action nonprofit, shares perspectives on how CSR funders and nonprofits in India can navigate funding needs amidst Covid-19. Interviews with 18 CSR leaders and corporate CEOs show that companies are giving to relief efforts—directly or through the PM CARES Fund and chief ministers’ relief funds. However, much of this funding has come from CSR budgets, with the remaining being prioritized for nonprofits addressing Covid-19 issues. This has left nonprofits focusing on other issues uncertain about the funding of their projects. Yet, the question on how to prioritize CSR funding during Covid-19 sees different responses. In Pakistan, the Securities and Exchange Commission of Pakistan (SECP) has advised all listed companies to divert their CSR funds towards fighting Covid-19.
Promoting resilient social enterprise ecosystems: Cambodian ecosystem enablers are pivoting their operations during Covid-19 to support the country’s entrepreneurs. For example, SHE Investments and Technovation Girls both have moved their accelerators and coaching services for female entrepreneurs online. Impact Hub Phnom Penh has coordinated with the private sector, universities, and ministry partners to run the HacKHtheCrisis virtual hackathon, which brings together different actors who are already working on addressing Covid-19. CAPS partners in Indonesia, PLUS and Instellar, have also moved training programs online in order to keep supporting social enterprise startups during lockdown. In Korea, CAPS partner Underdogs has also introduced online training.
Precious One, an Indonesian social enterprise, employs disabled crafters for its handicraft business. This video by The Jakarta Post shows how the enterprise has pivoted during Covid-19 to produce cloth face masks and keep their business afloat.
In this section, we usually share stories about scandals that are having negative repercussions for the social sector. With the fear and anxiety surrounding Covid-19, there are some trust-breaking stories circulating from price-gouging to faulty medical supplies. Fortunately, the stories of people being constructive during these times far outnumber them. We look forward to bringing more of these positive stories to you in the coming weeks.
India’s Private Giving: Unpacking Domestic Philanthropy and Corporate Social Responsibility
This report maps India’s domestic giving sector, comparing the volume and scope to other development funding sources. Economic growth, landmark corporate social responsibility (CSR) regulations and growing international interest has transformed the country’s philanthropic sector. This report is based on a survey of 178 of India’s largest CSR and philanthropic organizations. Strategies for increasing the impact of private giving are discussed. Read it here.
Catalyzing Productive Livelihood: A guide to education interventions with an accelerated path to scale and impact
This report provides insights into philanthropists’ role in achieving impact in Indonesia’s education system. Education is a key priority of the Indonesian government. However, the country’s large population necessitates cross-sector collaboration to drive improved education outcomes. Read it here: English, Bahasa Indonesia.