Business & Economy · 1 views
Asian family philanthropy is ‘a lot more hands-on’—and more corporate—than the West
Over three-quarters of Asian family philanthropies partner with government, a contrast with Western donors who get 'nervous' about the state.
AI Summary
Asia’s wealthiest families tend to run their charitable efforts like their businesses, managing projects directly and monitoring results closely instead of merely issuing grants. A new Bridgespan Group report, presented at the Philanthropy for Better Cities Forum in Hong Kong on September 7, highlights this hands‑on, corporate style of giving. The study contrasts this approach with Western philanthropy, which is described as less involved in day‑to‑day operations. The report was released by Bridgespan, a U.S. philanthropy advisory firm, during the forum.
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