Asian Philanthropy News Digest 03/18/10

* Taiwan charity has global reach. Wall Street Journal has a feature story on Tzu Chi Foundation. Tzu Chi has 10 million donors and two million volunteers. The organization extends across much of the developing world and offers a “view of how Asian philanthropy may evolve in an era of rising affluence.” One third of Tzu Chi’s regular donors live outside Taiwan. It has 399 offices in 47 countries running local projects and raising funds. The organization is the first Asia-based Buddhist organization to provide cross-border humanitarian relief.

* Global billionaires turn to philanthropy in India.  Article in Economic Times featuring Omidyar, Soros, Legatum and Google, investing in social development oriented investments in India. Omidyar has invested $40 million so far.

* Sankalp Social Enterprise Awards & Investment Forum will be held in Mumbai on May 4 & 5, 2010. The event is India’s largest gathering of more than 400 social innovators, impact investors, policy leaders and change-makers.