By Dien Yuen, Give2Asia Director of Philanhropy
reposted from the blog, Tactical Philanthropy
Philanthropy during the Sichuan (Wenchuan) Earthquake
Even before the Sichuan Earthquake, charitable giving was becoming a trend in China. Social needs, shifts in government policies and the existence of new private wealth contributed to the growing trend. During disasters, the outpouring of assistance from individuals and corporations were beginning to increase and the number of donors making large donations was rising. Newspapers report that more than 11 billion yuan (US$1.3 billion) was collected for philanthropic purposes during the Yangtze River’s catastrophic flood in 1998. In addition to domestic giving, Chinese donors were also interested in supporting disaster relief overseas. US$18.11 million was raised from individuals and corporations in China to support the Asian tsunami relief efforts.
In a report prepared by the China Charity & Donation Center for Give2Asia’s Beijing Philanthropy Forum, the amount of China’s charitable donations had sustained an annual growth rate above 65%. In 2007, the top 50 donations from individuals totaled RMB2.58 billion (US$377 million), representing 62% of total donations by individuals. Contributions that year supported education (37%); poverty alleviation (14%); disaster relief (12%); medical treatment and public health (9%); culture, sports and the arts (6%); and environmental protection, women and children (22%).
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