Community Foundations in Asia

Community foundations are well known in the U.S. for raising charitable funds from the community and distributing the money back to the area’s non-profit organizations. In the U.S., we have approximately 780 community foundations. Globally, there are 1,441 community foundations in 51 countries. In Asia, community foundations exist in India, Japan, Singapore, South Korea, Thailand and the Philippines.

Jet Li on Cover of TIME Asia Again

TIME magazine writes, “It is difficult to name any other A-list celebrity, not even Bono, who has made such a total commitment. There are plenty who touch down in Africa between albums or movies, but none has actually walked off the job as Li has done, at the top of his game.”

Philanthropy Advisory Services Growing in Asia

Philanthropic services at wealth management firms are growing in Asia. RBS Coutts launched their philanthropic services in Asia this week in Singapore. Mark Evans, head of Family Business and Philanthropy at Coutts & Co., says that philanthropy, seen as long term structured giving, will not be affected by the credit crunch.