Maria Chertok (CAF) reports on the second Emerging markets philanthropy forum held in Beijing. “The fundamental driving force for this new wave of philanthropy development is a tension between rapid economic growth and accumulation of wealth, and growing inequality and lack of adequate social policy.”
The 3rd award ceremony for the Olga Alexeeva Memorial Prize took place during the 2nd Emerging Markets Philanthropy Forum in November in Beijing, China. Alina Porumb, prize winner, is strategic philanthropy programme director with Romania’s Association for Community Relations (ARC). The core of her work in the last ten years has been helping to create an active community foundations movement in Romania, offering a model of self-reliance and mutual support to communities at a time when they were accustomed to look outside for resources and assistance.
This month marks the end of Caroline Hartnell’s tenure at Alliance magazine, and it brings us great pleasure to highlight her outstanding contributions to WINGS and to the field of philanthropy with a few words from our members and partners.
Following a recent meeting in Beijing, we asked WINGS board members for their thoughts on philanthropy in the Asia-Pacific region. “The implications of wider global developments around wealth generation and the digital era for grantmaking and social investment are challenging to predict for western economies, let alone for the Asian region, currently arguably the most dynamic in the world.”
WINGS chairman Atallah Kuttab reports on a recent meeting co-hosted by the China Foundation Centre in Beijing, explaining how Chinese foundations have continued to improve on a previous lack of transparency. “The China Foundation Centre has managed to increase the rate of data disclosure by foundations from less than 30 per cent in 2011 to more than 90 per cent in 2014.”
He Daofeng, executive president of the China Foundation for Poverty Alleviation (CFPA) and chair of the China Foundation Center, was chosen as the winner of the Olga Alexeeva Memorial Prize on 27 March at WINGSForum in Istanbul. Following the announcement, Doafeng talked to Alliance magazine’s Caroline Hartnell about philanthropy in China and his own role in its development.
For our latest interview in the Road To Istanbul series, we asked China Foundation Center Vice President Tao Ze to explain the importance of the CFC Foundation Transparency Index, a comprehensive tool that ranks more than 2,700 Chinese foundations against a checklist of 47 transparency indicators. WINGS will launch its new report, Infrastructure In Focus: A Global Picture of Organisations Serving Philanthropy, at WINGSForum in Istanbul next week.
New research by the Hudson Institute’s Center for Global Prosperity (CGP) shows that emerging economies are dramatically increasing their financial flows to the developing world.