Friday, December 6, 2024

Taiwan Recognized for Charitable Giving in 2024 Doing Good Index

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Taiwan’s Leading Role in Philanthropy

Taiwan has once again secured its top position among 17 Asian economies in terms of charitable giving, according to the 2024 Doing Good Index. The Ministry of the Interior (MOI) announced plans for a special event in Taipei on Wednesday to celebrate the achievements of outstanding civic groups that contribute significantly to the social sector.

Event Details

The MOI confirmed that both Taiwan and Singapore have maintained their “doing well” rankings in the latest Doing Good Index, which has been published biannually by the Hong Kong-based Centre for Asian Philanthropy and Society since 2018. The awards ceremony will recognize various civic organizations for their public charity work, including notable associations like the Taiwan People’s Food Bank Association and the Taiwan Bar Association.

Event InformationDetails
DateWednesday
LocationNational Chengchi University, Taipei
Key SpeakerAngel An-chi Chiang, Director of Research
FocusHonoring civic groups and discussing charity work

Key Findings Presentation

During the event, Angel An-chi Chiang will present key findings from a comprehensive survey involving 2,183 organizations and interviews with 140 experts. This data has been instrumental in compiling the 2024 Doing Good Index, which aims to evaluate the readiness of social sectors in various economies across East, Southeast, and South Asia.

Taiwan’s Mature Social Sector

The report indicates that Taiwan has a “relatively mature” social sector, largely attributed to its well-established regulatory framework and policies designed to promote civic engagement. These initiatives encourage private investments to tackle pressing societal issues. The MOI highlighted that as of September 30, there were 24,829 registered civic groups in Taiwan, resulting in a ratio of one non-profit organization for every 376 residents.

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Comparative Analysis of Charitable Giving

The Doing Good Index assesses various factors, including the ease of registering non-profit organizations, fiscal incentives for philanthropy, and the perceived trustworthiness of the social sector. In comparison, Singapore has one non-profit for every 2,369 residents, while China has one for every 1,596 and Hong Kong one for every 748.

Rankings Summary

EconomyNon-Profit RatioRanking
Taiwan1:376Top-ranked
Singapore1:2,369Second
China1:1,596Doing better
Hong Kong1:748Doing better
Cambodia, India, OthersVariedDoing okay
BangladeshNot doing enough

FAQs

1. What is the Doing Good Index?

The Doing Good Index evaluates the readiness of social sectors in various economies for charitable giving and civic engagement.

2. What awards will be presented at the ceremony?

Civic groups and professional associations will be honored for their contributions to public charity work.

3. How does Taiwan’s non-profit organization ratio compare to other economies?

Taiwan has one non-profit organization for every 376 people, significantly higher than Singapore’s ratio of 1:2,369.

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4. What factors are considered in the Doing Good Index rankings?

Factors include the time required to register a non-profit, fiscal incentives, and the public’s trust in the social sector.

5. How many civic groups are registered in Taiwan?

As of September 30, there are 24,829 registered civic groups in Taiwan.

Conclusion

Taiwan’s commitment to philanthropy and civic engagement is evident in its leading ranking in the Doing Good Index. The upcoming awards ceremony will not only celebrate the contributions of civic organizations but also highlight the importance of charitable work in fostering a resilient and supportive society.

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