Keyword: Funding

articles or news items about funding and fund-raising

Hurun Philanthropy List 2018 released

Hurun Philanthropy List 2018 released

Hurun Research, the company best known for its Hurun China Rich List that ranks China’s wealthiest people, has released its annual Hurun Philanthropy List for 2018. The List contains the top 100 individuals to have made public donations to foundations, NGOs, and educational institutions in Mainland China. This year 76 year-old He Xiangjian, founder of the Midea Group, was named the most generous philanthropist in China, with 7.5 billion RMB worth of donations. The second and third places were taken by two real estate moguls, 60 year-old Xu Jiaxin, with 3.42 billion RMB worth of donations, and 68 year-old Lu Zhi Qiang with 1 billion. The report calculates cash and cash-related donations, …read more

Report on Chinese university foundations released

According to the recently released “Development Report of Chinese University Education Foundations (2018)”, 527 higher education foundations had been established in China as of December 6, 2017. By sorting through the financial status of 413 university education foundations from 2012 to 2015, the report found that the amount of donations they received was in a relatively mild state of fluctuation, something affected by many factors, such as the concentration of university celebrations and economic downturns. However the total amount of donations increased from 6 to 7 billion yuan. The report points out that the proportion of expenditures from university education foundations within total university expenditures reflects the foundations’ weight and contribution …read more

Fundraising drive for burnt baby ignites discussion over charity’s management fees

A debate over a charity’s management fees has been ignited by the case of Hanghang, a 6-month-old baby from Anhui province. On the 26th of January, Hanghang was unfortunately badly burnt by a small electric heater. The accident was caused by a moment’s inattention. Hanghang’s grandmother had put the heater on his bed to make him feel warm and went out. She came back 10 minutes later, only to find that Hanghang had been severely burnt. According to the hospital’s diagnosis, the burns stretched from face to right hand, covering 15% of his body and endangering his life. Upon hearing the news, Shanghai’s Tree Charity (大树公益服务支持中心) decided to lend a helping hand. …read more

Environmental Protection in China: an Interview with Bob Moseley

Environmental Protection in China: an Interview with Bob Moseley

Bob Moseley, director of the Asia-Pacific Cities Program at The Nature Conservancy, talks to CDB in this exclusive interview.

Overseas NGOs Registration Workshop: Q&A Session

Overseas NGOs Registration Workshop: Q&A Session

Our translation of the Q&A sessions from CDB’s recent workshop on the registration of overseas NGOs in China.

Ministry of civil affairs announces two new standards to regulate online fundraising platforms

Tencent’s well known “9/9 charity day” is coming up in just over a month, and many of China’s charity organizations are actively preparing for it. The occasion highlights the importance of China’s online fundraising platforms (hereinafter referred to as platforms), but there is a perceived need to improve such platforms’ management. On July 30, the Ministry of Civil Affairs officially announced two recommended industrial standards: the “Basic technical specifications for online fundraising platforms for charitable organizations” and the “Basic management specifications for online fundraising platforms for charitable organizations”. The two standards strengthen overall supervision, and establish a rule that if platforms fail to pass a government assessment twice, their qualifications will be canceled. Meanwhile, the …read more

Zhu Jiangang on the Development of Community Foundations in China

Zhu Jiangang on the Development of Community Foundations in China

China’s community foundations are still few in number, but the majority of those now in existence were created over the last couple of years. In this article and interview, academic and foundation director Zhu Jiangang discusses their challenges and future prospects.

Accidental 17,000 yuan donation is refunded

An eight-year old child accidentally donated 17,000 yuan to the China Foundation for Poverty Alleviation (CFPA) via Wechat while playing on a phone belonging to a Mr. Liu. Later on Mr. Liu explained that he had previously set online purchases on his phone as password-free, so the donation was sent entirely by accident. He therefore requested a refund from CFPA, and received it on June 2nd. The incident immediately drew the public’s attention. After trying on both the IOS and Android systems, a reporter found that smartphone users can set payment allowances with both password-free and password-required options. In order to avoid accidents like this, users can set a relatively …read more

Same Bed, Different Dreams? The Divergent Pathways of Foundations and Grassroots NGOs in China

Same Bed, Different Dreams? The Divergent Pathways of Foundations and Grassroots NGOs in China

The cooperation between China’s wealthy philanthropic foundations and the country’s many grassroots NGOs has often been uneasy and fraught with misunderstanding, and levels of support and funding remain low. This paper by Shawn Shieh examines the reasons for this disconnect, and offers possible solutions.

What were the New Patterns and Visions for Chinese Charity in 2016?

What were the New Patterns and Visions for Chinese Charity in 2016?

Our translation of the speech by Wang Xingzui, Executive Vice-President of the China Foundation for Poverty Alleviation, at a forum for charitable foundations in Shanghai.

Zhu Jiangang: community foundations are the promoters of a community agenda

Zhu Jiangang: community foundations are the promoters of a community agenda

In this translated interview Zhu Jiangang, the general secretary and vice-president of the Guangdong Harmony Foundation, discusses the development of community foundations in China.

China’s philanthropy sector embracing blockchain

Blockchain, the technology behind the virtual currency Bitcoin, is creating a new model for charities in China. Around the end of 2016 Zhongtopia, an online mutual aid networks platform, used blockchain technology to create Xinchain, a database which can track the transactions of charitable donations. According to Zhongtopia’s CEO Qiaoke, as a shared public ledger Xinchain is able to turn giving donations into a traceable, tamper-proof process. “With Xinchain, we hope to enable the public to see the real situation of the charity sector, while at the same time allowing charities to gain trust from the public”, says Qiaoke. Following Xinchain’s initial success, Ant Financial, the affiliate of the Alibaba Group Holding …read more

UNDP launches new program to align Chinese philanthropy’s efforts with SDGs

The United Nations Development Programme (UNDP) will partner with the China Foundation Center to deepen the convergence between Chinese philanthropy and sustainable development, as the two organizations jointly launched a program of cooperation in Beijing on January 6. The program, entitled “Philanthropy and Sustainable Development — China Action”, aims to encourage China’s philanthropic sector to align itself with the Sustainable Development Goals (SDGs) by tapping into the China Foundation Center’s large volume of data. As an influential platform for information disclosure within China’s philanthropic sector, the Center possesses much philanthropic data and a large impact in the industry. The program will contribute to data analytics, the creation of a real-time …read more

Shanghai’s Adream tops transparency ranking of China’s philanthropic foundations

Shanghai’s Adream Charitable Foundation is China’s most transparent philanthropic foundation, followed by China Red Cross foundation and China Charities Aid Foundation for Children, according to the 2016 Chinese Philanthropic Foundation Transparency Ranking. Jiemian News, a well-established digital media, released the rankings last Friday. It picked 50 philanthropic foundations out of the 300 with the highest charity expenditure in 2016. The ranking takes into account the width and depth of information disclosure of the foundations, in practice the fundraising details, financial reports and daily information that may influence the running of their projects. The team that used to compile the now defunct Forbes China Philanthropy list took part in the creation …read more

Chinese billionaire’s investment in Caltech disappoints Chinese scientists

Chinese billionaire Chen Tianqiao announced on December 7 that he would donate $115 million to the California Institute of Technology (Caltech) for brain research, in order to crack the fundamental principles that underlie brain functions. The donation invited heated debate among Chinese scientists. Qiu Zilong, a research fellow at the Institute of Neuroscience in Shanghai, commented that he was both surprised and disappointed by the donation. Chen Yelin, a researcher at the Shanghai Institute of Organic Chemistry affiliated to the Chinese Academy of Sciences, said “Chen has done something incredible, but research on neuroscience in the US has been very successful and an additional $115 million won’t bring significant changes. …read more

Big Data Report on Internet philanthropy in China issued

On December 7, the first big data report on Internet philanthropy in China was issued by the Nanjing University · Tencent “Internet Plus” Research Center and the Zijin Media Think Tank. The “Internet Philanthropy elite forum” was also held on Nanjing University’s Xianlin Campus on the same day, allowing more than 130 experts and scholars from local governments and charity organisations to compare notes on internet philanthropy in China. The report states that in 2016 China’s Internet philanthropy has made improvements in terms of its business models, scope of influence, and public recognition. China’s new Charity Law has clarified regulations on online fundraising activities and the Ministry of Civil Affairs …read more

Charities Aid Foundation ranks China 144th in the World Giving Index 2015

The Charities Aid Foundation (CAF) World Giving Index 2015 has ranked China 144th for charitableness out of the 145 countries and regions surveyed, and what’s more it has found that the number of people giving to charity has fallen since 2013. The report distinguishes three categories of charitable behaviour: helping strangers, donating money to charity and volunteering time. In order to establish a comprehensive measure of giving behaviour around the globe, the Index relies on an averaging of answers concerning these three fields in each country. Each country is ranked on the basis of the number of people who engage in these categories of behaviour and their proportion within the …read more

Total annual donations in 2015 exceed 110 billion, individual donations rise to 7.5 billion

Total annual donations in 2015 exceed 110 billion, individual donations rise to 7.5 billion

On November 29, the China Charity Federation issued the “2015 Annual Report on China’s Charitable Contributions” (hereinafter referred to as the Report) in Beijing. Drawing on nearly 110,000 entries of sample data, the Report makes an estimation of the total amount of domestic donations over the year and provides analysis on specific trends. According to the Report, China’s charitable donations have been on a steady rise and the annual total exceeded 110 billion RMB for the first time in 2015. The total amount of cash and material donations from both domestic and overseas sources reached 110.857 billion RMB, accounting for 0.16% of GDP, an increase of 6.631 billion RMB and 6.4% when compared with 2014. Domestic donations come mainly …read more