Conference Presentation, Panel
Giving Back: How Asia's Philanthropists Are Making an Impact
Milken InstituteHeng Wing Chan, Andrew L. Cohen, Debra Black, Binod Chaudhary, P.N.C. Menon, Kris Wiluan, John Wood
- The Milken Institute intends to utilize its philanthropic advisory service and Center for Strategic Philanthropy to leverage capital markets experience, aiming to optimize fund allocation for social issues over the next 10, 20, 30 years and beyond.
- A demographic shift projecting a population increase to between two and three billion people in Africa within 30 years is identified as a challenge requiring global responsibility from Asia and other regions to address terrorism, housing, and infrastructure.
- Philanthropy is expected to be pivotal in uniting the corporate, private, and scientific sectors to address future challenges through collaborative approaches rather than isolated donations.
- Andrew Cohen anticipates the continued relevance of power struggles and proposes consolidating 1.7 million US NGOs to generate significant impact comparable to corporate M&A activity.
- Room to Read projects an expansion of its long-term scholarship program for young women to 50,000 participants by the end of the next year, contingent on fundraising performance.
- Following the receipt of seed funding, Room to Read will commence operations in Rwanda as its fourth African country, increasing its total global footprint to thirteen countries.
- Room to Read forecasts reaching at least 15 million children by 2020, utilizing data-driven performance metrics and bold goals to attract talent.
- Debra Black expects immune-based therapies originally developed for melanoma to be applied to lung, colon, and specific prostate cancers as genetic profile understanding improves.
- The collaboration of researchers from 12 countries is anticipated to accelerate research speeds and prevent the repetition of failed methodologies.
- Chris Piazzi Mello plans to construct a hospital located thirty minutes from Singapore to provide medical coverage for children unable to afford care, alongside a program to send children to schools in Singapore, the UK, and Japan.