New donors emerge in developing countries. In spite of the Bain & Co report on the slow growth of philanthropy in India, there are many concrete examples showing an increased interest in philanthropy. Local donors are emerging in India. This article highlights the philanthropic work of Reva and Vineet Nayyar. They donated more than US$6.5 million to launch a foundation that funds educational programs around New Delhi.
Group Aims to Add Transparency to China’s Charities. The China Foundation Center was launch last week in Beijing to encourage transparency by making the activities of Chinese foundations available. The center will host a website that will initially archive data on more than 1,800 foundations across China. The 35 co-founders include a mix of public and private foundations, including the Jet Li One Foundation.