philanthropy

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 at the Philanthropy for Better Cities (PBC) 2026 forum in Hong Kong.

The report, produced by the Commission on Asian Philanthropy and co-convened by the Institute of Philanthropy (IoP) and the Asian Philanthropy Congress, marks the first comprehensive study of the scale and structure of philanthropic ecosystems across the region. It identifies everyday individual giving, corporate contributions and public investment as the primary drivers, positioning philanthropic capital as a strategic lever for national development.

Hong Kong – September 11, 2026 -- The Hong Kong Jockey Club Charities Trust approved an average of US$774 million in donations annually between 2020 and 2024, ranking it as Asia's largest corporate donor and eighth largest globally, according to a Bridgespan Group study released at the close of the Club's PBC forum on September 8, 2026.

Bridgespan data confirms Jockey Club's position as Asia's top corporate donor

The corporate giving research, unveiled during PBC 2026, benchmarked the Trust's donation volume against global peers and placed it at the top of the regional ranking. A separate Bridgespan report, backed by the Institute of Philanthropy (IoP), the Rockefeller Foundation and the Gates Foundation, examined how Asia's wealthiest families structure philanthropic giving alongside business interests.

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.