Philanthropy

TAKING HEART

Grab, Scatech, Wee Hur among those enabling legacy giving through donor-advised funds

Through the Community Foundation of Singapore, the families behind these firms have set up funds that allow long-term giving that is aligned with their values 

For over 200 years, The University of Manchester has driven breakthroughs,  producing 26 Nobel laureates and transforming science, technology and society.
BRANDED CONTENT

Funding the next breakthrough: How leading UK university plans to back future innovators

The University of Manchester’s £400 million campaign will support scholarships, research initiatives and a new pre-seed fund for student and staff spin-offs

US President Donald Trump’s move to pull the plug on foreign-assistance projects translates to a loss of US$68 billion in funds for international aid.

Hopes are for impact investing to fill funding gaps in Asia – but less attractive returns are an obstacle

Barriers to growth in the region’s sector include fragmented deal flow and the perception of high risks

Taking part in a panel discussion at the inaugural GiveFest Asia are (from left): Dr Paul Tan, CEO of the Community Foundation of Singapore; Dr Chu Chi Meng of NCSS; Teo Kai Xiang from MAS; and Kevin Teo from AVPN.
TAKING HEART

Data is an ‘important variable’ in philanthropy, leading to sustained giving: panel

When donors know where their funds are going and how they are making an impact, they will be more inclined to continue giving

The boomerang does not just return; it returns having gathered speed and value on its journey, reminding us that in the calculus of a life well-lived, purpose is the ultimate currency.

The ‘boomerang effect’: How strategic philanthropy pays a purpose premium

Beyond the balance sheet, the act of giving generates a unique dividend for the investor

Yong Wee Loon, who swept the major awards at UOB Painting of the Year 2024, is part of Confluence – A UOB Artist Alumni Exhibition.
ARTS

UOB rethinks what it means to support artists

The bank’s latest initiative turns its lucrative art prizes into long-term opportunity

“The narrative has to change. (Health and education) still can be the focus, but you need the electricity. Otherwise, it can’t scale,” notes Um Woochong of the Global Energy Alliance for People and Planet.

Asian philanthropies should reframe clean energy as driver of social outcomes, says philanthropy platform

Investing in clean power will help societies take a quantum leap, not just a small baby step: CEO of Geapp

Minister of Foreign Affairs Vivian Balakrishnan (left) with OceanX founder Ray Dalio at the launch of the OceanX-NUS expedition.

Billionaire Ray Dalio backs Singapore-led mission to map oceans

BILLIONAIRE Ray Dalio’s philanthropic arm is backing new research in the Indian Ocean to bolster marine protection after nations pledged to curb exploitation of the deep seas.

Globally, only about 2% of philanthropic capital goes into climate solutions, with most of this going into adaptation and resilience, rather than mitigation.

As philanthropic capital grows, Asia’s decade for climate action has come: Milken panellists

Families and foundations should not be discouraged by small amounts of funding, they say

Fred Tsao’s Octave Institute and Number 17 Foundation offer a masterclass in intergenerational capital as a tool for system transformation.

How the new orchestrators blend capital, soft power and systems thinking

Today’s philanthropy is about different capital, deployed differently