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Global philanthropic bodies have US$1.5t assets

Report says 58 per cent of foundations do not collaborate with other foundations; assets are likely an underestimation

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On the sidelines of the event, UBS announced that it has helped to facilitate a partnership between The Global Fund and DT Families Foundation in Thailand, which will work together to eradicate malaria in the Mekong subregion.

Singapore

PHILANTHROPIC foundations globally are estimated to hold assets of close to US$1.5 trillion, but half have no paid staff and budgets are relatively modest at an average US$1 million, a study has found.

The Global Philanthropy Report found that the philanthropic sector is

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