Four markets have a high level of readiness for outbound giving, a report from Give2Asia finds.

Produced in collaboration with the Asia Philanthropy Circle, King Baudouin Foundation, and the Bill & Melinda Gates Foundation, the annual report, Unlocking Cross-border Philanthropy in Asia (100 pages, PDF) found that Australia, Hong Kong, Japan, and South Korea are most prepared to provide giving infrastructure that serves donors and charitable projects in the region. Based on interviews with 150 high-net-worth donors, foundations, and corporations and surveys from 135 nonprofit organizations, the report found that the feasibility of cross-border philanthropy in Asia varies significantly by location due to regulatory hurdles, incentives, and institutional readiness. In addition, it found that national-level institutions in multiple locations are interested in collaborating to build the necessary infrastructure for increased giving from their markets.

“This report provides a roadmap for Asia’s philanthropists seeking to make a regional impact,” said Give2Asia president and CEO Birger Stamperdahl. “It also confirms that national charitable institutions in several markets are ready to expand the infrastructure needed to grow an ecosystem for cross-border philanthropy.” 

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