Hands On Giving: The Asian Approach to Philanthropy The world of philanthropy is often associated with Western generosity, but a recent report from Bridgespan Group reveals that family fortunes in Asia are taking a distinct approach.
Rather than simply writing checks or setting up foundations, Asian families manage their charitable efforts with the same intensity they apply to their business dealings.
Bridgespan's research shows that 95% of wealthy families in Asia's middle income economies use an "operating foundation" model, where families oversee and administer their own philanthropic projects.