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AUTUMN 2024 | VOL. 5 ISSUE 3
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Individual Giving in Korea Based on Giving Korea: 2018-2021 Trend
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Center on Philanthropy at The Beautiful Foundation conducts research on giving behaviors and perceptions in South Korea through Giving Korea, the country’s leading philanthropy index. The center alternates between conducting surveys on nonprofit organizations and individual donations every other year. Accordingly, at the upcoming Philanthropy Symposium, Giving Korea 2024, on October 25th, the results of the individual giving survey will be shared.
This article organizes the data from the most recent three cycles of Giving Korea, specifically from 2018, 2020, and 2022, into a time-series graph, allowing a clear view of the trends in individual giving in Korea. By examining key indicators such as donation participation rates and average donation amounts, it provides an easy understanding of the changes in Korea’s philanthropy landscape. The time-series data on individual donations in Korea, including the 2023 donation trends, will be released at the 24th Philanthropy Symposium, Giving Korea 2024, scheduled for October 25, 2024. The symposium will be held in Korean.
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Unlocking Transformation in the Nonprofit Sector
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The Center on Philanthropy at The Beautiful Foundation has planned a series of three lectures under the title ‘Unlocking Transformation in the Nonprofit Sector’ for May, June, and July of 2024.
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Governance and Financial Accountability
The first lecture was held on May 14th at the American Diplomacy House, sponsored by the U.S. Embassy in Korea. In the first session, Professor Young-joo Lee from Indiana University Lilly Family School of Philanthropy gave two lectures on “Governance and Accountability in Nonprofit Organizations,” focusing on theory, current trends, and case studies from the U.S. In the second session, Kim Jin-Ah, Secretary-General of The Beautiful Foundation, and Yoo Wonsun, Expert Committee Member of the public interest network ‘We Are,’ each shared insights on the current state and case studies of governance and financial accountability in Korea.
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Environment and Ecosystem: The Doing Good Index (DGI)
The second lecture was held on June 28th. Ruth Shapiro, CEO of the Centre for Asian Philanthropy and Society (CAPS), and Annelotte Walsh, Director of Research at CAPS, presented the results of the Doing Good Index 2024. Following the presentation, a panel session with four experts of digital, nonprofit regulations, nonprofit ecosystem, and social economy ecosystem provided an opportunity for discussion and exchange of views.
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New Approaches and Resource Utilization
The third lecture in the series was held on July 23rd. Tony Spearman-Leach, Director of Business Development and Philanthropy at The National Academy of Public Administration, presented on “Securing Financial Resources and Best Practices.” Kristin Foote, Public Diplomacy Officer at the Embassy of the United States of America, introduced “Grant Programs at the U.S. Embassy in Korea.” Ly Tran, Director at Myriad USA, discussed “Tapping into Global Generosity.” Lastly, Heesu Jang, Policy Analyst at OECD, and Jaehyong Heo, CEO of Root Impact, shared their insights on the implications for Korea’s nonprofit ecosystem.
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