Asian Philanthropy News Digest 08/25/2010

Bharti’s Mittal putting more money aside for education. Sunil Mittal, the founder of India’s largest mobile phone operator is supporting the Bharti Foundation and its work with education and underprivileged children. He has touched the lives of 30,000 children and has pledged to put more money aside to support 100,000.

Will give money, time for charity, 100 pledge at ‘Giving Summit’. 100 men and women made a pledge to donate almost Rs 5 lakh a year and dedicate 40 hours of their time to support non-profit organizations in India. The Giving Summit was organized by GiveIndia.

The evolution of philanthropy in China – recent reflections. Grace Chiang of Social Venture Group shares her thoughts on the shifts in giving and the charitable landscape in China.

Should there be a minimum for billionaire’s donations? Wang Zhenyao, Dean of the Beijing Normal University One Foundation Philanthropy Research Institute proposed that Chinese billionaires should donate 1 million yuan (US$147,00) a year to charity. His remarks ignited a great deal of conversation among the public. Some say that the wealthy can set an example and play a leading role in promoting charity. Wealth can be powerful and comes with influence so the wealthy have more social responsibilities. Others are worried about the transparency and corruption of the nonprofit sector. There were also discussions as to whether 1 million yuan was an appropriate amount.