DECODED: Donor-Advised Funds in the Asia-Pacific

Our DECODED series unpacks, explains and crystallizes issues critical for social investment in Asia. It draws upon our expertise in research and access to an extensive network of sector experts and philanthropists in 18 Asian economies enabling us to identify emerging trends in the region. Through DECODED, we translate these concepts into digestible insights.

This edition of DECODED looks at the emergence of donor-advised funds (DAFs) in the Asia-Pacific and identifies the different models and motivations for setting up this type of fund in the region. While yet to become mainstream in most Asia-Pacific economies, donors, sponsoring organizations and social innovators have a strong and growing interest in the potential of DAFs to facilitate strategic philanthropic giving in the region.

我们的解码系列(DECODED)旨在深入探讨亚太地区的私人社会投资领域,为您提供清晰、全面和系统的分析。凭借我们在研究领域的专业能力和广泛的行业专家和慈善家网络,我们能够捕捉到该地区的新兴趋势。通过解码系列,我们将这些概念转化为易于理解的见解,助您做出明智的决策。

本期的解码报告聚焦于亚太地区捐赠者建议基金(DAF)的兴起,并分析了在该地区设立这类基金的不同模式和动机。虽然在大多数亚太经济体中,DAF还未成为主流,但捐赠者、运营机构和社会创新者对DAF在该地区推动战略性慈善捐赠的潜力表现出浓厚兴趣,并且这种兴趣还在不断增长。

How good are Singaporeans and Asians at giving back?

MoneyFM 89.3

On Saturday Mornings with Glenn van Zutphen & Neil Humphreys, Dr. Ruth Shapiro, Co-Founder and CEO of the Centre for Asian Philanthropy and Society (CAPS) shares the results of the 2022 Doing Good Index and discusses what makes Singapore one of the highest performing economies in the report. Dr. Shapiro’s section starts at  2:17:20. Watch and listen here.

Asia’s social sector sees a funding decline

SME Horizon

COVID-19 has exacerbated income inequalities and social disparities across Asia, serving as a force multiplier for trends already in place. Assessing performance across four sub-indexes – Regulations, Tax and Fiscal Policy, Ecosystem, and Procurement – CAPS’ biennial flagship study, the Doing Good Index 2022, examines the social investment landscape in Asia. Read here.

In Conversation With Ruth Shapiro, Founder and Chief Executive of Centre for Asia Philanthropy and Society

Prestige

According to the Doing Good Index 2022, which analyses the social investment landscape in Asia, Covid-19 has exacerbated social disparities and income inequalities and across the region. We talk to Dr. Ruth Shapiro, the Co-Founder and Chief Executive of the Centre for Asian Philanthropy and Society (CAPS), which conducts the study biennially, about the pandemic’s impact on people in Asia, her work and improving Hong Kong’s social sector. Read here.

Funding for Asian NGOs falls amid tighter regulations

Philanthropy Age

Almost half of Asia’s social delivery organisations have reported a decline in funding in the last 12 months, some as much as 50 percent, according to new research. The Hong Kong-based Centre for Asian Philanthropy and Society (CAPS) surveyed more than 2,000 entities and some 120 experts across 17 Asian economies, including India, Pakistan, China, and Singapore. Read here.

The Doing Good Index Reveals Asia’s Social Sector Sees a Funding Decline Despite Having the Highest Pandemic-Induced Poverty Globally

Yahoo Finance

Covid-19 has exacerbated income inequalities and social disparities across Asia, serving as a force multiplier for trends already in place. A new social impact study released today by the Centre for Asian Philanthropy and Society (CAPS) shows how to maximize philanthropic and policy responses to cope with these post-Covid challenges. Read here.

Doing Good Index 2022

Assessing the Health and Well-being of Asia’s Social Sector

Doing Good Index microsite

Our interactive microsite lets you visualize, explore and compare our data. Use our graphics and maps to help you understand Asia at a glance. The data dashboard allows you to compare economies and track changes across time. Economy profiles present a visual and digestible deep dive into each economy.

What is the Doing Good Index?

The Doing Good Index 2022 is the most comprehensive social impact index in Asia to date, highlighting the factors that drive or hinder private capital flowing towards social and economic challenges across 17 Asian economies.

The Doing Good Index comes at a critical time when economies have been heavily impacted by the Covid-19 pandemic. Inequalities have been exacerbated, and hard-won progress in social and economic growth has been undone. An estimated two-thirds of those newly forced into poverty live in South Asia, East Asia and the Pacific.

To address these shared challenges, all parts of society—individuals, companies, government and the social sector—must work together to drive more resources towards building a better future together. The Doing Good Index shows how. It provides a roadmap of the policies and practices that can unleash this capital by mitigating the trust deficit; leveraging local support; and facilitating cross-sector collaboration.

In 2022 we surveyed 2,239 SDOs and interviewed 126 experts across 17 Asian economies. In mapping the landscape of social investment, the study examines four sub-indices: Regulations, Tax and Fiscal Policy, Ecosystem, and Procurement. We also include a section on how the Covid-19 pandemic impacted the social sector.

The Doing Good Index is published every two years. Read the inaugural edition from 2018 and our 2020 edition.

Carrying the Torch – Passing on a lasting family legacy to future generations through family philanthropy

Deloitte and UBS

Focusing on family philanthropy practices in the Asia Pacific region, this report explores how wealthy families are working to create lasting social impact. It further explores the particular role of younger generations involved in family foundations, as well as how family philanthropy contributes towards the creation of a lasting family legacy. Central to the report is an analysis of key trends and outlooks for family offices in the region, including approaches to family succession, governance and sustainable investing. 

According to the report’s recommendations, wealthy families looking to engage in philanthropy are advised to define or refine their family strategies and long-term goals based on their own mission and legacy; deploy professional structures to ensure sustainable and efficient operations of family philanthropic activities; and use philanthropic activities as a stepping stone for the next generation to participate in family decision-making. Read it here.

Tax Incentives for Philanthropic Giving: A Study of Twelve Countries

Centre for Budget and Governance Accountability

This report examines tax incentives for charitable giving in 12 countries, including Bangladesh, China, India, Singapore and South Korea. It also looks at evidence on the effectiveness of tax incentives in inducing higher levels of giving. Tax incentives charitable donations are a common and visible form of government support for the social sector and are intended to increase philanthropic donations. Despite the widespread prevalence of tax incentives, the relationship between tax incentives and increased philanthropic giving remains complex and largely understudied. Read it here.

Bridging the Talent Gap: A Study on Talent Development in the Philanthropy and Non-Profit Sector

Asia Philanthropy Circle (APC)

This report shines a spotlight on the talent deficit in philanthropy and social sector leadership in Asia. The dearth in talent can limit the ability of the sector to grow when there is insufficient leadership behind it. Recommendations for how challenges in recruitment, integration and retention of talent can be mitigated are discussed. The report draws from 20 interviews conducted in five Southeast Asian countries: Indonesia, Malaysia, Philippines, Singapore and Thailand. Read it here.