Woman named China’s top donor
A woman for the first time has topped a list of the 100 biggest individual donors in China, according to the China Philanthropy Research Institute at Beijing Normal University.
He Qiaonyu, founder and chairman of Beijing Orient Landscape, headed the list based on giving last year. The list was started in 2011.
She also became the first female philanthropist to donate over 1 billion yuan ($154 million), according to the report.
She has pledged to donate 76.3 million shares of her individually held stocks worth 2.93 billion yuan. She would sell the stocks first, then donate the cash. The donation would go into protecting the environment and helping promote the development of public services in China, as well as supporting some international projects.
In November He, together with Microsoft founder Bill Gates, co-founded China’s first educational institute dedicated solely to charity sector education. The Shenzhen-based institute aims to foster the development of philanthropy management professionals in China.
The second-largest donor on the list was Chen Yidan, founder of Tencent Holdings Ltd, the giant online news and services portal. He contributed 2 billion yuan to set up Wuhan College in Hubei province.
The third was Li Hejun, chairman of Hanergy Holdings, who donated 1 billion yuan for desertification control projects.
Wang Jianlin, president of Dalian Wanda Group, was ranked No 5 on the list, after he donated 360 million yuan for public welfare undertakings in China. Jack Ma, founder of e-commerce giant Alibaba Group Holding Ltd, donated 235 million yuan to his alma m a t e r , Hangzhou Normal University.
The top 100 donations came in at a total of 12.8 billion yuan. Nearly half went to higher education, since many donators endowed their alma maters. Environmental protection also was a big winner at 1.1 billion yuan.
Wang Zhenyao, professor of public welfare research and dean of the China Philanthropy Research Institute, said: “Last year was a turning point for philanthropy in China. Despite a slowing Chinese economy, donations were higher, and we can see that charity has begun to be deeply rooted in Chinese people.”