Keyword: Philanthropy Research

Family charitable foundations becoming an important force in Chinese philanthropy

The China Philanthropy Research Institute, along with the China Global Philanthropy Institute, published the China Family Charitable Foundation Development Report (2018) on the 15th of January 2019. Here we will introduce some of the key points in the report to give our readers an overview of the development of family charitable foundations in China.  According to the statistics, there were 268 family charitable foundations in China by the end of 2018, accounting for 4% of all foundations. The donations of family charitable foundations between 2005 and 2017 increased from 8.73 million yuan to 3.7 billion yuan, mainly for poverty alleviation, fundamental education and higher education. In 2017, the average donation of …read more