Caixin
Sep 30, 2024 04:17 PM

Harnessing Technology for Good: Tencent Foundation Outlines Future of Philanthropy at Second Asian New Vision Forum

 

On September 26, Fan Zhang, Partnerships Director of the Tencent Charity Foundation, spoke at the second Asian New Vision Forum in Singapore. Zhang discussed ways to incentivize donations and encourage goodwill through technology.

Founded in 2007 as one of the first charitable organizations established by a technology company in China, the Tencent Foundation serves as a platform connecting charity organizations and individuals. Zhang highlighted that the platform now hosts more than 30,000 registered charity organizations and has raised 30 billion yuan from the public, with annual donations of $185 million from 2018 to 2022, making it the fourth-largest philanthropic funder in Asia.

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