Keyword: 9/9 Philanthropy

Fourth 9/9 Philanthropy Day comes to an end: 1.4 billion Yuan raised

Fourth 9/9 Philanthropy Day comes to an end: 1.4 billion Yuan raised

The fourth edition of Tencent’s annual 9/9 Philanthropy Day formally ended at midnight on September 9th. According to data from Tencent, during the event’s three-day run more than 28 million individual donations from the public raised 830 million yuan through Tencent’s public platform, and more than 2000 enterprises donated 185 million yuan to support 5498 philanthropic projects. The Tencent Charity Foundation provided 299.99 million yuan in matching funds, and 100 million to a growth fund for philanthropic organizations. Total donations were thus around 1.414 billion yuan. According to Tencent, educational projects were most successful, receiving 35.2% of all the funds raised. Healthcare projects received 34.5%, “anti-poverty/comprehensive” projects received 26.1%, and environmental and animal …read more