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Laying a strong foundation to do good

More families and individuals are setting up foundations to further their philanthropic ambitions.

Philanthropy has the potential to mitigate inequality and ‘soften the hard edges of the free market’, said Minister for Culture, Community and Youth Lawrence Wong

(Clockwise from top left) Mr de Ferrari, Mr Hartono, Ms Yeo and Ms Lopez shared their thoughts on philanthropy’s evolving role in Asia

IN trying to make a social impact in his home country of Indonesia, Victor Hartono believes in appealing to all aspects of human nature, even the baser ones such as greed and fear.

He employs this unorthodox philosophy in the running of Djarum Foundation, the philanthropic arm of PT...