Give2Asia has published the results of an extensive study on Unlocking Cross-border Philanthropy in Asia. The report provides a detailed analysis of the barriers to—and opportunities for—cross-border giving within Asia. Its findings are based on in-depth interviews with 150 high-net-worth donors, foundations and corporations, and surveys from 135 non-profit organisations.
The report was presented at the AVPN Global Conference last week and was produced in collaboration with the Asia Philanthropy Circle, King Baudouin Foundation, and the Bill & Melinda Gates Foundation.
‘This report provides a roadmap for Asia’s philanthropists seeking to make a regional impact,’ said Birger Stamperdahl, President and CEO of Give2Asia. ‘It also confirms that national charitable institutions in several markets are ready to expand the infrastructure needed to grow an ecosystem for cross-border philanthropy.’
The research identifies three major take-aways. Firstly, The feasibility of cross-border philanthropy in Asia varies significantly by location due to regulatory hurdles, incentives, and institutional readiness.Four markets have a high level of readiness for outbound giving: Australia, Hong Kong SAR PRC, Japan, and South Korea. National-level institutions in multiple locations are interested in collaborating to build the necessary infrastructure for increased giving from their markets.
To learn more, view key takeaways and charts from the report online or download the full report