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Black Tie International:
AVPN, The Rockefeller Foundation,
Philanthropy in China,

Photos by: Black Tie China/ Gerard Mc Keon

 
susan yuqing feng, kevin teo, rujing gong, rajiv shah
Susan Yuqing Feng (moderator) serves as Chief New York Correspondent
 for China Business News (CBN),

Kevin Teo is Chief Operating Officer at AVPN
Rujing Gong is Co-Founder and Chairwoman of Happy Life Technology
Rajiv Shah
 is President of The Rockefeller Foundation

 
Josette Sheeran (introductory remarks) is President and CEO of the Asia Society.
 

Can Chinese Philanthropy Alleviate Global Poverty?

Over the next decade, at least $500 billion will flow through philanthropic organizations, the result of rising global wealth, especially in Asia. A landmark new study by the Asian Venture Philanthropy Network (AVPN), with support from The Rockefeller Foundation, reveals how Chinese philanthropy is growing into a powerhouse that could shape the future of international giving and development, largely driven by the Chinese private sector and a new generation of wealth. National strategy plans such as the Belt and Road Initiative and South-South Cooperation are propelling more domestic funders and social organizations to engage in international development issues. And as a new culture of giving takes shape in China, Chinese philanthropists and leaders of philanthropic organizations are increasingly keen to engage with the global community.

This breakfast event hosted by the Asia Society Policy Institute explored how these vast new resources will impact global progress.

Speakers

Dr. Shah
 

Rajiv Shah is President of The Rockefeller Foundation, a 100-year old philanthropic organization that has given away more than USD $18 billion to thousands of organizations and individuals worldwide. Dr. Shah was previously USAID Administrator, appointed by President Barack Obama in 2009. Prior to this, he served as Chief Scientist and Undersecretary for Research, Education, and Economics at the U.S. Department of Agriculture. He has also served in leadership roles at the Bill & Melinda Gates Foundation. In 2015, Dr. Shah founded Latitude Capital, a private equity firm focused on power and infrastructure projects in Africa and Asia.

Kevin Teo
 

Kevin Teo is Chief Operating Officer at AVPN, a social investors’ network that supports funders and resource providers in effectively deploying more capital into Asia’s social sector. Prior to that, he was a Founding Partner of Volans, a social innovation company. He was previously Head of East and Southeast Asia at the Schwab Foundation of Social Entrepreneurship and a Global Leadership Fellow at the World Economic Forum. He has worked in the enterprise software arena in Silicon Valley and across the United States. He is also a trustee of the Southeast Asian Service Leadership Network (SEALNet), a non-profit he co-founded in 2004.

Rujing
 

Rujing Gong is Co-Founder and Chairwoman of Happy Life Technology (HLT) and Yidu Cloud Technology. She also co-founded Huixujinxin Investment Fund, which was the lead investor in major organizations in the healthcare industry, including Jiufang Pharma, Heren Health, and Welltang. She previously served as a Vice President at Deutsche Bank, and a Global Infrastructure Fund Equity Investment Director.

Josette Sheeran

 

Josette Sheeran (introductory remarks) is President and CEO of the Asia Society. She also serves as the UN Special Envoy to Haiti. Ambassador Sheeran is former Vice Chair of the World Economic Forum and former Executive Director of the World Food Programme, appointed by UN Secretary-General Kofi Annan in 2006. She has also served as a diplomat and negotiator for the United States, including as U.S. Under Secretary of State for Economic, Business, and Agricultural Affairs,
and as deputy U.S. Trade Representative.

jpeg
 

Susan Yuqing Feng (moderator) serves as Chief New York Correspondent for China Business News (CBN), a position she’s held since 2008. During her tenure, she has interviewed senior business and political leaders from the U.S. and across the globe. She is currently also U.S. News Chief of Yicai global, China Business News’ English News arm. She directed the documentary series “World Movers,”
which was released in March 2018.

philanthropy in china
 
rockefeller foundationAVPN LogoAsia Society Policy Institute Logo
https://avpn.asia

With support from The Rockefeller Foundation, AVPN
has launched the Philanthropy in China report to raise awareness on how Chinese philanthropy is growing into a powerhouse for domestic and international development, driven largely by the private sector and a new generation of wealthy philanthropists. This report will provide in-depth information on key trends including:

Philanthropy in China is growing at a rapid and inspiring pace
From 2009 to 2017, Chinese philanthropy has quadrupled, outpacing GDP growth and emerging as an important contributor to the 2030 Sustainable Development Goals.

China is forging new pathways in philanthropy
China’s philanthropic organisations are spearheading innovations in giving and impact and aspiring to ensure the holistic well-being of the increasingly global communities
 they serve.

Opportunities for collaborations are ripe
There is untapped opportunity for growth and partnership between China’s change-making philanthropists and international organizations as wealthy individuals and corporate philanthropists are being joined by increasing numbers of foundations.

International collaboration with China’s philanthropists can unlock a new era of global philanthropy
Collaboration and partnership between Chinese and international philanthropists can carve new pathways that are not only elevating China’s philanthropic ecosystem but, enhancing our collective ability to solve the UN Sustainable Development Goals.

By examining the top philanthropy funders, reviewing the policy environment and scanning the key ecosystem players, we provide an analysis of the trends and opportunities as well as a set of recommendations to advance the development of China’s philanthropy sector.

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joyce brooks, gerard mckeon.  photo by:  rose billings

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