Popis: |
As Asia’s wealth rises, so do charitable contributions by its financial leaders. Yet its philanthropists point to a trust deficit resulting from uncertain political support, lack of transparency, scandals at non-profit organizations, and a tendency for “the best and the brightest” to go into more lucrative careers. Shapiro, author of Pragmatic Philanthropy, also identifies a fifth hurdle, the confusing term “non-governmental organization,” which does not distinguish between government-approved social services and government-discouraged political advocacy. To navigate this trust deficit, donors employ several tactics. They support faith-based and internationally reputable organizations. They apply managerial expertise to their own foundations. And above all, they rely on trusted networks of friends and family, in a virtuous circle where relationships enhance giving and vice-versa. |