Keyword: Fundraising

Tencent public welfare monthly donation rules updated

China’s biggest tech giant has recently announced updated its rules for monthly donation, requiring stricter tracking of the donors’ general information and finances. The rules are being updated in accordance with the 2016 Charity Law. This law made it easier for Chinese charities to become accredited, and clearly regulated the right to fundraise from ordinary Chinese citizens. In future only “legally registered charities who are in accordance with the law and maintain accurate records” may continue to fundraise through Tencent’s platform. The updated rules are meant to push for greater transparency on project plans and for legal and overall compliance from users of the platform. Tencent operates the most successful online fundraising platform in …read more

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

China’s fourth “9/9 Philanthropy Day” starting tomorrow

Yesterday in Shenzhen the Tencent Charity Foundation held the opening ceremony for the fourth “9/9 Philanthropy Day” online charity event. The fourth edition of Tencent’s hugely successful fundraising event will take place from the 7th to the 9th of September. Last years’ event raised 1.3 billion RMB, including 829.9 million Yuan in donations from the public, 299.99 million Yuan from the Tencent Foundation and 177 million Yuan from social enterprises. This year’s motif is “time for rational charity” (理性公益正当时). The event will advocate a rational approach to charity, and encourage the participants to calm down and think it over before making donations. The Tencent Charity platform announced that it will implement a variety of …read more

An Analysis of Online Fundraising in China

An Analysis of Online Fundraising in China

Almost 1 billion RMB were raised online for charitable causes in the first half of 2018. This article analyses this important aspect of contemporary Chinese charity.

Online public fundraising platforms raised nearly 1 billion RMB in the first half of 2018

Online public fundraising platforms raised nearly 1 billion RMB in the first half of 2018

Since 2016, the Ministry of Civil Affairs has been endeavoring to regularize online fundraising. This month, the first 11 online public fundraising platforms officially designated by the ministry for charity organizations to fundraise went through a statistical assessment. The assessment, conducted by the ministry, measured the amount of money these platforms raised, the number of people who participated, and different charities’ levels of activity on these platforms during the first half of 2018. According to the report that the Ministry of Civil Affairs released, from January to June 992 charity organizations participated in the 11 platforms’ online fundraising, posting 11,000 calls for donations for 10,103 projects. 3.57 billion individual donations collectively raised 980 million …read more

New regulations on charity information disclosure released

This is an abridged translation of an explanation of the new Charity Information Disclosure Method by the Ministry of Civil Affairs. You can find the original here. The Civil Affairs Department recently released the “Charities Information Disclosure Method”, creating a universal set of regulations for the information disclosure of charitable organisations. Information needs to be disclosed by charitable organisations, as a basic requirement of philanthropy is transparency and it is accountable to the society as a whole. This new method is in accordance with the Charity Law, further emphasising the duty of charitable organisations to disclose information with administrative, social, judicial and industry supervision. The Charity Law states that the Ministry …read more

Frequency of scams raises questions about online fundraising

On the 7th of July, in China’s Southwestern city of Nanning, a mother posted a notice online stating that her daughter had been infected by the Zika virus, and that the family did not have money for treatment. Within three days, more than 250 000RMB had been raised through online platforms; however some netizens uncovered soon after that the mother in question owned many restaurants in the area, drove an Audi and possessed various properties to her name. The internet quickly labelled her a fraud, and on the 27th July all of the money was returned. This case comes after numerous other incidents involving online fundraising, most notably the Luo Er case …read more

An overview of the 2017 annual reports of China’s online fundraising platforms

China’s Charity Law, passed in 2016, stipulates that all charitable organisations must release fundraising information only on official platforms recognised by the Civil Affairs Department of the State Council. A year and a half after 12 organizations passed the first round of selections by the Ministry of Civil Affairs as designated fundraising platforms, the ministry started the second round of selections this January. The 12 platforms designated last year recently published their 2017 annual reports. The statistics released, including the amount of funds raised, the number of programs already launched, and the amount of donations, reveal evident disparities between the 12 organizations.   Table 1 Amount of Funds Raised in 2017 Ranking …read more

Official statistics show how last year’s lottery revenue was spent

Official statistics for 2017 have revealed that the annual revenue from lottery sales in China exceeded 400 billion yuan for the first time, a sum equivalent to the annual fiscal revenue of Beijing. In an interview with Xinhua, the authorities went through the account books of the lottery tickets and explained what the lottery revenues are paying for and how the funds raised through their sale are managed. According to officials from the General Office of the Ministry of Finance, the China welfare lottery and the China sports lottery systems are the major sources of lottery sales revenue. Over 55% of the revenue is used to pay the winners’ prizes. After deducting …read more

Controversy over the ‘Ice boy’ receiving only 500 Yuan in donations

A debate has ignited over the donations raised by last week’s viral “ice boy picture“. The controversy was begun by reports that the Zhuanshanbao Elementary School (转山包小学), where the boy in the picture studies, has received 100 thousand yuan in donations, and 81 students, including the boy in question, were given 500 yuan each. This piece of news was soon taken up by articles with headlines like ‘only 500 out of the 300 thousand yuan in donations end up going to the Ice Boy’, rapidly gaining momentum on social media and capturing the public’s attention once again. Many expressed doubts about whether the funds collected from contributors would be properly used. …read more