|Give2Asia(G2A) published a new report, assessing the limitations and chances for international philanthropic giving across 15 markets based on years of research effort. G2A interviewed donors, intermediaries, and nonprofits in order to see which market already has infrastructure that can afford to expand the ecosystem for cross-border philanthropy. The Center on Philanthropy at The Beautiful Foundation has translated the executive summary of the report for Korean audiences to take a deeper look|
The report provides the results to answer two questions:
- Is there a need for improved international giving infrastructure serving donors and charitable projects in the Asia-Pacific region?
- If so, what markets and institutions are most ready to create that infrastructure today?
The research identifies three major take-aways for philanthropists and professionals:
- The feasibility of cross-border philanthropy in Asia varies significantly by location due to regulatory hurdles, incentives, and institutional readiness.
- Four markets have a high level of readiness for outbound giving: Australia, Hong Kong SAR PRC, Japan, and South Korea.
- National-level institutions in multiple locations are interested in collaborating to build the necessary infrastructure for increased giving from their markets.