SVG Update: Thank you to all who voted for us to win the 100,000RMB. Unfortunately, our Charity Gift Catalog was not selected to move on to the next round of the contest. Good luck to all those still up for the prize!
China’s First Donor Database: The Red Cross Society of China announced its new Donor Database last week, which will track donations and keep donors abreast of developments in the organization.
China Ramps Up Health Care Spending: For the newest five-year plan, the Chinese government has raised the healthcare budget by over 16 percent. Antismoking campaigns will also get a boost as a result of the revised healthcare plan.
The Joys and Dilemmas of Wealth: A new study on America’s wealthy by Boston College’s Center for on Wealth and Philanthropy is set to come out soon. Over 100 households with an average net worth of US$78 million were surveyed about their money and lifestyles and asked to speak honestly about their concerns. The Gates Foundation helped fund the research, which had a particular slant on how changes in wealth affect philanthropic giving.
More on Chen Guangbiao: An article from Fast Company on China’s most vocal philanthropist. Chen says, “I want Chinese history to remember me as Carnegie is remembered. I want Chinese people to remember me as they remember Marx and Lenin. I want people for the next century to think of me when they hear the word philanthropist. Everyone knows that Bill Gates is the richest man in the world. But the position of top philanthropist is vacant. My goal is to work diligently to become the top philanthropist in the world." For more on Chen see our recent post here.