Asia

As philanthropic giving among Asia’s wealthy grows across the region, a shift to a structured and focused approach to charity is also starting to take place. This is one of the key findings of Something’s gotta give: The state of philanthropy in Asia, a new report from the Economist Intelligence Unit, commissioned by HSBC Private Bank.

The report shows that a number of leading Asian philanthropists are starting to emphasise innovation, scale and measurable results in the execution of their philanthropy, aiming to make a long-term impact on the region’s social issues.

April 30, 2010, Channel NewsAsia — China's wealthiest people appear to be giving more to charity, according to some latest numbers. Overall, philanthropy is on the rise in Asia, and is also catching on in the business community.

Observers say the rising trend is partly due to the rapid wealth creation in Asia. And some may also be attracted to intangible benefits, such as branding and staff retention. These views were aired at the UBS Philanthropy Forum in Singapore Thursday.

Jan. 25, 2010, New York, NY — The Direct Marketing Association (DMA), the leading global trade association of businesses and nonprofit multichannel direct marketers, today announced the formation of an executive search committee charged with finding a new president & CEO to lead the DMA. The committee will be spearheaded by Kelly B. Browning, EVP & COO of the American Institute for Cancer Research.

NEW YORK, July 14, 2009 — Matt Damon, H2O Africa co-founder, and Gary White, WaterPartners executive director and co-founder, announced that they have joined forces to co-found a new organization – Water.org – a non-profit focused on bringing access to safe water and sanitation to the developing world. Water.org will leverage grassroots awareness-building expertise and nearly two decades of demonstrated innovation and success in the sector to help the nearly 890 million people without safe water and the more than 2.5 billion people without safe sanitation.

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