Foundation Grants
Community Vital Signs
About Us
One of the world's richest men is pushing to make Hong Kong a "philanthropic hub" in the region.
The city's chief executive, Leung Chun-ying, says he wants to make it "a bridge between China and the world to promote Hong Kong as a regional philanthropic hub," the South China Morning Post reports.
The tycoonwhose fortune is estimated at around $10 billion, per Forbessays he wants to create a "philanthropic ecosystem" in which philanthropists from across the region can come to Hong Kong and donate to causes close to their hearts.
"Hong Kong has unique advantages in philanthropy, asset management, and its role as a bridge between China and the world to promote Hong Kong as a regional philanthropic hub," the Hong Kong Council of Social Service says in a press release.
"The goal is to cultivate talent, attract philanthropic capital, and facilitate cross-sector collaboration through a collective platform."
It's not the first time Leung has made headlines for his philanthropy.
In 2013, he gave away most of his fortune to the Hong Kong Academy for Wealth Legacy and the Hong Kong Institute of Philanthropy.
(In the US, Bill Gates gave away most of his fortune to the Bill and Melinda Gates Foundation.)
Read the Entire Article
Selected Foundation News
A customized collection of news from foundations from around the Web.
Foundation: Oregon Community Foundation
An Oregon museum that tells the story of the Confederated Tribes of Warm Springs is getting a major upgrade after a $20,000 grant from the Oregon Community Foundation, KTVZ reports. "On behalf of...more
A 17-year-old from Coldwater, Mich., has become the first of his family to receive a college scholarship after graduating from high school. The Detroit Free Press reports that Owen Callahan was...more
The Florida community of Wellington is known for its impeccable sense of fashion and fine dining, and now it's adding a little something extra to the mix: the Kentucky Derby. The Palm Beach Post...more
The UN's children's agency is trying to use technology to change the way it does business. UNICEF's Innovative Finance Hub has launched a project called "Transforming Lives: Achieving Positive...more
Royal Philips Electronics has a new heart-monitoring device on the market that's designed to help doctors spot early signs of a potentially deadly heart attack, stroke, or heart failureand it's all...more
"We listened to the song and absorbed the lyrics' playful innuendos about sex and sci-fi,' and it spawned a whole concept of two videos in two worlds playing out in the exact same time and...more
The New School, a not-for-profit liberal arts college in New York City, awarded degrees to more than 3,000 students at its annual Commencement ceremony on Sunday. CBS New York reports the...more
"There is growing scientific consensus that the Amazon Basin is reaching an ecological tipping point and urgent action is needed," says James Scriven, CEO of IDB Invest, a multilateral development...more
Enhanced Capital has been investing in communities across the US for more than two decades, and in its 2023 Community Impact Report, the investment firm says it has created more than 53,000 jobs,...more
A California state lawmaker has introduced a bill that would require oil and gas companies working in remote areas to pay for the damage they cause to communities, the Los Angeles Times...more
New News from...
Highmark Foundation
Greater Manhattan Community Foundation
Topeka Community Foundation
Community Foundation of Northern Illinois
Community Foundation of Herkimer and Oneida Counties
Knox County Community Foundation
Black Hills Area Community Foundation
Colorado Trust
Point Foundation
Parker Foundation
Social Entrepreneurship
Spotlight
Celebrity Chef Jamie Oliver Backs Social Saturday
UK will be celebrating its first national celebration of social enterprises dubbed as Social Saturday. World famous celebrity chef Jamie Oliver, who founded the Fifteen restaurant chain.