APF at Asian Venture Philanthropy Network Conference: Day 1

The team at Asian Philanthropy Forum is pleased to provide coverage of the Asian Venture Philanthropy Network conference in Singapore as a media partner.

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L-R: Mykolas Rambus, Wealth-X; Dien Yuen, Asian Philanthropy Forum

AVPN’s inaugural meeting brought together over 300 philanthropists, social entrepreneurs, and investment professionals from over 30 countries across Asia and around the world for 2 days of intensive learning, networking, and knowledge sharing around how best to achieve greater impact through philanthropic and investment capital.

On the conference’s first day, delegates explored the interest and recognition of venture philanthropy and impact investing as potentially effective models for social impact across varying regions of Asia (Greater China, South Asia, and Southeast Asia), across sectors (water, healthcare, children and education, and financial inclusion), and across the skills and resources needed (evaluation, fundraising, human capital, and impact assessment).

There was palpable excitement in the thick, humid air of Singapore, with the buzz inside centered on the potential of how venture philanthropy could improve civil society, spark innovation, and scale social change in collaboration with government.  The US and Europe have been doing venture philanthropy and exploring impact investing over the last 15 years, while Asia has only seen this over the last five.  Asia is primed, however, to continue growth in this area.

In his introduction, Doug Miller, chair of AVPN, encouraged all the delegates to see ourselves as pioneers in this effort, to take risks and not be afraid to fail in the quest for greater social impact. Gauging the levels of excitement we saw as sessions wore on, we wouldn’t be surprised to find emerging social entrepreneurs being born in these very halls today.

About the Author

andyhoAndrew Ho is Manager of Global Philanthropy at the Council on Foundations, a national association of charitable foundations, where he is responsible for developing resources and programs for effective global grantmaking. He also works closely with HNW individuals, philanthropists and next generation trustees on strategic planning and thoughtful philanthropy. Andrew currently serves as a consultant for the White House Initiative on Asian Americans and Pacific Islanders to develop strategies for public-philanthropic partnerships to benefit Asian American communities across the country.

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