Through time, the meaning of philanthropy has evolved from loving people to allocating private resources that help them tackle the challenges of an improved quality of life. Since the 1930s, philanthropy has continued to evolve through to the mid-twentieth century, in resonance with the major events of the period. Donors around the world are more aware of the challenges that different communities are facing every day.
While still remaining true to the memory of the great past practices, philanthropy today is more organized, professional, and global than ever before. Philanthropists work to improve and strengthen communities, support the arts, build schools and raise educational standards, combat epidemics, and provide relief to the victims of war and natural disasters; and they do so in a variety of ways. Individuals make donations and volunteer action. Neighborhood organizations take on local and global projects. Foundations support cutting-edge research. Corporations give back to their communities.
In Asia, the state of Singapore has been a benchmark for philanthropy initiatives for which many of its foundations have helped to develop a thriving environment, finding new ways to reach to people in need and, moreover, empower them to speak out for themselves and pursue the Sustainable Development Goals. Let’s have a look at the philanthropy foundations advancing these challenges in Singapore.
#SDG4 – Philanthropy advancing quality education: The Lien Foundation
The Lien Foundation was founded by Dr. Lien Ying Chow whose passion for education and commitment to the community led him to donate almost half of his wealth to help the deprived. The foundation supports and advocates early childhood education and elder care in Singapore, as well as access to clean water & sanitation in developing countries.
#SDG 3 and #SDG4 – Philanthropy advancing quality education and well-being: The Lee Foundation
One of Singapore’s oldest philanthropy institutions, the Lee Foundation, was founded by business tycoon Lee Kong Chian in 1952. A family foundation, it has since given nearly USD$1 billion charity, with tens of millions given annually to almost all sectors, including education, health, welfare, and religious groups.
#SDG8 – Philanthropy advancing decent work: ACSEP
The Asia Centre for Social Entrepreneurship and Philanthropy (ACSEP) is a research centre situated within the National University of Singapore Business School. It aims to advance the understanding and impactful practice of social entrepreneurship and philanthropy throughout Asia by focusing on research and education (NUS Business School, 2016). Its goal is to be a resource and knowledge hub that connects those who have the ability and desire to do good with those in need. The center also engages in collaborative efforts with academic institutions, government agencies, corporations, non-profit organizations, and social enterprises.
#SDG17 – Philanthropy advancing partnerships for the goals: NVPC
The National Volunteer & Philanthropy Centre (NVPC) is a non-profit organization that aims to promote a culture of giving in Singapore by catalyzing development in volunteerism and philanthropy. NVPC facilitates partnerships with non-profit organizations, corporations, public sector bodies, and individuals in order to build Singapore’s giving ecosystem. NVPC also conducts research on giving motivations and behaviors, while it also creates roadmaps and landscapes of the giving sector, and aspires to be the go-to-place for giving.
The commitment and synergies that these foundations are creating towards the sustainable development goals demonstrate the progress on the oriented focus to look for new ways to help people in need by leveraging the giving networks to magnify the scope of philanthropy today. Horyou is proud to support disruptive Philanthropy through its platform, events and ever-growing community of innovators and social good doers, from Singapore to Japan, in all Asia and beyond.
Singapore is the host city for the Social Innovation and Global Ethics Forum (SIGEF), organized by Horyou, the social network for social good. The event will be held in September 2018.
Horyou connects more than 250,000 Internet users to Non-Profit Organisations, Artists, and Innovators in 180 countries. Horyou organizes international events in resonance with the United Nations Sustainable Development Goals, such as the Horyou Village in Cannes during the Film Festival and the Social Innovation and Global Ethics Forum, SIGEF. Horyou recently launched Spotlight, the first global social currency supporting economic inclusion worldwide, embedded into the social network. Horyou aims to connect CSR and innovative companies to its diverse community of change-makers worldwide.
Written by Sueyfer de la Torre