Institute of Philanthropy

“Many Asian foundations are just starting out on their impact measurement journeys and working through the challenges of devising a framework to measure social impact in a way that supports their goals. By sharing our lessons, we hope to help peers to fast-track their own discovery process and avoid dead ends”, Winfried Engelbrecht-Bresges, CEO of The Hong Kong Jockey Club and Director of Institute of Philanthropy (#IoP) shared in the special supplement on 'The Best of SSIR: Impactful Philanthropy in the Real World' created in partnership with Stanford Social Innovation Review, within his article titled "A Platform for Sharing Knowledge". 👉 Read the full article here: https://lnkd.in/eEngneW3    As philanthropic giving in Asia expands alongside economic development to address pressing issues such as climate change and aging populations, there is an imperative to clarify and professionalise impact measurement practices within the region. #IoP aims to bridge regional and global perspectives as a "think-fund-do" tank, integrating Asian perspectives into the global philanthropy ecosystem to foster collaborative approaches to these social challenges. #IoP serves as a knowledge-sharing platform that can contribute to more meaningful dialogues, actionable collaboration, and co-learning opportunities.     The special SSIR supplement serves as a vital resource for professionals seeking to deepen their understanding of social impact measurement and its application in philanthropy. 👉 Read the full supplement here: https://lnkd.in/eG6n73mN    #ImpactfulPhilanthropy #HKJC #HKJCCharitiesTrust

As a side programme to the Foundations Circle (FC), the delegates enjoyed exclusive excursions to Mai Po Nature Reserve and the historic Hakka village of Lai Chi Wo, where they explored Hong Kong’s biodiversity and conservation efforts.   At Mai Po Nature Reserve, the FC delegates were welcomed by Nicole Wong, Chief Executive Officer of WWF-Hong Kong, and taken on a tour of the Visitor Centre and HKJC Gallery. They visited Hong Kong's largest mangrove forest and mudflat, engaging in birdwatching and encountering water buffaloes along their journey. The tour concluded with a scenic walk along the Jockey Club Nature Trail, providing guests with a deeper understanding of Hong Kong’s rich biodiversity and its commitment to wetland habitat conservation amid the challenges of climate change.   In Lai Chi Wo, delegates immersed themselves in the local culture and agricultural practices of the oldest and best-preserved Hakka-walled villages. Engaging with Hakka traditions, they participated in a tea cake workshop and enjoyed traditional dishes at the local village chief’s home. This visit enabled the delegates to observe innovative heritage conservation practices while embracing the area’s natural beauty.   #ImpactfulPhilanthropy #IoP #HKJC #HKJCCharitiesTrust #FoundationsCircle

The successful gathering of more than 54 prominent foundations from around the world to share knowledge and ideas marked the conclusion of Foundations Circle (FC) 2024 at The Hong Kong Jockey Club’s Beas River Country Club!   Following a capacity-building masterclass on #impact management led by Iqbal Dhaliwal, Global Executive Director of Abdul Latif Jameel Poverty Action Lab (J-PAL), alongside Jason Saul, Founder of Impact Genome and Executive Director of the Center for Impact Sciences, guests were invited to showcase diverse innovations and solutions to tackle the challenge of measuring the unmeasurable.   Discussions spanning education, arts, climate, and health were facilitated during the scenario-based application sessions, where FC guests shared personal experiences, insights, and ideas on addressing proposed problem statements with their globally assembled peers to develop solutions.   In his closing remarks, Gabriel Leung underscored the Institute of Philanthropy’s (#IoP) mission as not only a think or fund tank, but also “do”, highlighting the importance of attention and action. As Asia’s premier philanthropic forum, #PBC2024 and FC aimed to foster collaborative learning, knowledge sharing, and collective action among pioneering institutions worldwide.   After the workshop, FC guests embarked on a guided tour of the Beas River Country Club to explore the vibrant locale. This tour featured an informative stable visit to meet Shetland ponies and a scenic nature walk to discover the local flora and fauna.   #ImpactfulPhilanthropy #HKJC #HKJCCharitiesTrust #FoundationsCircle

Building upon the momentum cultivated at #PBC2024, over 60 global foundation leaders gathered at the Institute of Philanthropy's (#IoP) flagship convening platform, Foundations Circle, at The Hong Kong Jockey Club Beas River Country Club for an interactive workshop on “Measuring the Unmeasurable: Strategies for Articulating Intangible and Indirect Outcomes”. Iqbal Dhaliwal and Jason Saul led the Masterclass session in the morning, sharing insightful industry expertise and personal experiences in measuring the unmeasurable. The discussion explored innovations in alternative data and measurement approaches, including artificial intelligence (#AI), geospatial mapping, and natural language processing, designed to articulate impact and drive meaningful change. Our FC community engaged in dynamic dialogues to build a shared understanding of how to address complex outcomes, enabling more targeted interventions and effective funding to drive sustainable change. We envision a brighter future where our collaborative efforts yield lasting impact and positive outcomes. #ImpactfulPhilanthropy #HKJC #HKJCCharitiesTrust #FoundationsCircle

#PBC2024 concluded after two remarkable days, bringing together over 2,000 delegates and featuring more than 20 sessions across three venues in the West Kowloon Cultural District (#WestK). The second day began with the launch of The Commission on Asian Philanthropy, where Naina Subberwal Batra, CEO of AVPN shared the Commission’s vision to elevate Asian philanthropy for greater impact. Members of the Commission from the King Khalid Foundation | مؤسسة الملك خالد, The Nippon Foundation, The Hong Kong Jockey Club, IDEAS Dompet Dhuafa Republika, Piramal Foundation, China Soong Ching Ling Foundation discussed diverse regional approaches while emphasising the need to explore many solutions and encouraging cross-regional cooperation to address pressing social challenges across Asia. The Fireside Chat that followed delved into the demand for ingenuity in philanthropy amid accelerating societal changes. Christopher J.L. Murray and Jason Saul discussed the future of impact measurement, advocating for a shift from traditional outcome assessments to predictive, data-driven models, and calling for standardised metrics to boost philanthropic effectiveness. The day's sessions focused on innovative financial tools, blended finance, and diverse forms of impact capital, emphasizing adaptable models that balance profit with purpose while empowering local actors. The rise of family offices in Asia spurred discussions on balancing legacy and financial returns through relationship-building and flexible strategies. Sessions on Artificial Intelligence and climate adaptation showcased the transformative potential of technology in philanthropy. After our Closing Plenary, PBC 2024 wrapped up with a phenomenal performance by Trey Lee, the Musicus Society, and DanceSport athletes Sam and Suki Liu. Winfried Engelbrecht-Bresges, CEO of The Hong Kong Jockey Club, delivered the closing remarks, emphasising the collaborative power of philanthropy in Asia and thanking all speakers for their inspiring contributions. #ImpactfulPhilanthropy #HKJC #HKJCCharitiesTrust

Thank you, Her Highness Princess Nouf bint Mohammed, for honoring us with your presence at PBC 2024. During the launch of the Commission on Asian Philanthropy, Her Highness shared Saudi Arabia's Vision 2030, which aims to expand the nonprofit sector to 5% of GDP. She also emphasized governance and collaboration with the private sector. Together, we will strive to work towards the advancement of societies globally. #PBC2024

#Olympic gold-medallist Tom Daley, Oscar winners Dustin Lance Black and Ruby Yang, and 2023 LONGINES International Jockeys' Champion Vincent Ho took the stage alongside moderator Dr Trisha Leahy at #PBC2024's Closing Plenary. The session illustrated the transformative power of sports and the arts in fostering creativity and promoting community well-being. Drawing from personal experiences, the panel highlighted how young people can positively reshape their lives through artistic endeavours. Early access to arts and sports emerged as a key driver for nurturing creativity and personal growth, with a focus on developing fundamental skills such as commitment and resilience through sports engagement. The discussion underscored the need for a forward-looking approach to create equal opportunities for marginalised individuals and diverse communities, cultivating resilience, creativity, and long-term positive societal change. The Closing Plenary served as an insightful finale to this year's #PBC2024, fully embodying the central theme of 'Delivering Impactful Philanthropy in the Real World'. #ImpactfulPhilanthropy #IoP #HKJC #HKJCCharitiesTrust

PBC Fellows unveil innovative insights during a vibrant sharing session at #PBC2024! The eleven young impact champions selected to participate in this year's Forum had the unique opportunity to network during our dynamic 'Lunch & Learn' sessions. In these sessions, PBC Fellows engaged in discussions covering a range of topics, including emerging health concerns, upcoming trends, and strategies to create impact with limited resources as startups. Gathering from diverse corners of the globe, these fellows share a common passion to bring their unique perspectives and practices to Hong Kong in order to effectively address the distinct challenges faced by vulnerable communities globally.    #ImpactfulPhilanthropy #IoP #HKJC #HKJCCharitiesTrust #PBCFellows #Fellowship

Our Impactful Day 1 at #PBC2024!    PBC returns to Hong Kong’s West Kowloon Cultural District (WestK) with the theme ‘Delivering Impactful Philanthropy in the Real World’.    At the Opening Ceremony, The Honourable John KC Lee, HKSAR Chief Executive, welcomed our esteemed speakers and nearly 2,000 delegates to commence the two-day forum in a video message.   ‘Together, we have the potential to create positive change, to make a meaningful, far-reaching impact to the society’ - HKSAR Chief Executive, John KC Lee.    Keynote sessions bridged Eastern and Western cultures, focusing on philanthropic efforts for vulnerable communities. Former Australian Prime Minister The Hon. Julia Gillard AC discussed emerging technologies and the Wellcome Trust's investment in the Human Genome Project to support communities most impacted by health challenges. Nobel Laureate, Mike Spence emphasised the need for better recognition in philanthropy and advocated for smarter mechanisms to increase giving for less prominent causes. Dr. Margaret Chan praised Hong Kong’s healthcare system during a notable session with global health leaders, underscoring the importance of a collaborative, systemic approach to address global challenges. PBC fellows from our inaugural cohort led an insightful session, highlighting central themes of education, leadership development, and lifelong learning in nurturing adaptable future global leaders. Throughout the day, leaders from global philanthropic institutions like the Bill & Melinda Gates Foundation and the Ford Foundation stressed the importance of understanding the contextual intricacies of philanthropic initiatives across nations and how these nuances shape the development of effective and sustainable philanthropic strategies. #ImpactfulPhilanthropy #IoP #HKJC #HKJCCharitiesTrust

📢The Commission on Asian Philanthropy (The Commission) has officially launched today at #PBC2024! Co-convened by the Institute of Philanthropy (#IoP) and the Asia Philanthropy Congress (#APHIC) the Commission will drive the advancement of philanthropy practices, 'In Asia, for Asia'. The Commission’s planning and operation are supported by AVPN and Voyage 明丘 as co-secretariats. With a primary focus on the emerging region, it is dedicated to pioneering multi-year research endeavours, culminating in a seminal report detailing recommendations and calls for impactful change. The Commission aims to drive sustainable impact by orchestrating synergies among essential stakeholders, fostering a collective vision of change, and facilitating collaborations to empower the region to realise its full philanthropic capacity. “The Commission will play a key role in building and sharing knowledge that is truly relevant to the Asian context, professionalising the sector, driving scalable and sustainable solutions, and thereby amplifying Asia’s voice on the global stage.” - Mr Lester Huang, Chairman of the Institute of Philanthropy "By uniting philanthropic leaders to tackle social challenges and strengthen sector capabilities, the Commission will harness the collective vision, expertise, and resources of our Commissioners to create evidence-based strategies and foster long-term systemic change that meet the needs of the Asian philanthropic landscape.” - Yohei Sasakawa, Chairman of The Nippon Foundation King Khalid Foundation | مؤسسة الملك خالد, The Hong Kong Jockey Club, IDEAS Dompet Dhuafa Republika, Piramal Foundation, China Soong Ching Ling Foundation #ImpactfulPhilanthropy #HKJC #HKJCCharitiesTrust #AsianPhilanthropy