Hong Kong – September 10, 2026 -- Domestic philanthropic giving across participating Asian jurisdictions reached US$109 billion in 2024 and could exceed US$1 trillion within the next decade, according to an Interim Report launched today at PBC 2026 in Hong Kong's West Kowloon Cultural District.
The report was produced by the Commission on Asian Philanthropy, co-convened by the Institute of Philanthropy (IoP) and the Asian Philanthropy Congress, marking the first comprehensive research on the scale of philanthropic ecosystems across the region. It identifies everyday giving, corporate contributions and public investment as the three pillars shaping Asia's philanthropic capital flows.
Forum draws 2,000 delegates for milestone 10th anniversary edition
Convened by The Hong Kong Jockey Club Charities Trust in association with IoP, the two-day PBC 2026 forum opened today with roughly 2,000 delegates from philanthropy, sport, business, government, academia and the social sector. Over the past decade, PBC has engaged more than 10,000 participants and featured over 380 speakers from more than 40 countries and regions, according to Club Chairman The Hon Martin Liao.
Jockey Club releases first Impact Report tracing donations back to 1915
The Hong Kong Jockey Club Charities Trust officially released its first Impact Report, documenting community initiatives dating to its earliest recorded donation in 1915. The Trust introduced a new three-tier measurement framework assessing impact at project, programme and Trust levels, with the report recommending resources be more precisely targeted at marginalised populations and that impact assessments use flexible, extended follow-up periods tailored to each programme's life cycle.
HKSAR officials pitch city's tax regime to global philanthropic capital
HKSAR Chief Secretary for Administration The Hon Chan Kwok-ki told delegates the government is committed to establishing Hong Kong as a global philanthropy centre, citing its tax regime and dedicated family office strategy as tools to attract international capital. Former New Zealand Prime Minister Helen Clark delivered the opening keynote on leadership in philanthropy, moderated by Club Steward The Hon Bernard Chan.
Participating foundations at the forum include the Gates Foundation, Tencent Charity Foundation, Sanofi Foundation, Lee Hysan Foundation, Yao Foundation, The D.H. Chen Foundation, The Majurity Trust, Lien Foundation and Essl Foundation. A separate session paired Hong Kong Secretary for Labour and Welfare The Hon Chris Sun with Singapore's Tan See Leng to compare social mobility strategies between the two cities.