Philanthropic giving in Asia forecast to hit US$1.5 trillion over next decade

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Mycroft, C. (2026, September 7). Philanthropic giving in Asia forecast to hit US$1.5 trillion over next decade. South China Morning Post. https://www.scmp.com/news/hong-kong/society/article/3366575/philanthropic-giving-asia-forecast-hit-us15-trillion-over-next-decade?utm_source=rss_feed

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

South China Morning Post · collected 2026-09-07 · by Connor Mycroft

Quick Summary

A report from The Commission on Asian Philanthropy forecasts that philanthropic giving in Asia will reach $1.5 trillion over the next decade. According to a separate report by the Hong Kong Jockey Club Charities Trust, corporate giving makes up the largest share of philanthropic spending in Hong Kong. The report also notes that the trust contributed around 1.8% of Hong Kong's GDP in the 2024-25 financial year. The forecasts and reports were released at a forum attended by philanthropists, social entrepreneurs, and policymakers to discuss the growing importance of philanthropy in addressing global challenges.
Written locally by qwen2.5:14b on 2026-09-07, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

The Commission on Asian Philanthropy has released an interim report predicting that philanthropic giving in Asia will reach $1.5 trillion over the next decade. In related news, the Hong Kong Jockey Club Charities Trust reported that it contributed 1.8% of Hong Kong's GDP in the 2024-25 financial year. The trust's contribution was highlighted at the start of the PBC (Philanthropy for Better Cities) Forum 2026, a gathering of philanthropists and policymakers in Hong Kong. According to Jockey Club chairman Martin Liao Cheung-kong**, the forum aims to showcase Hong Kong as a global hub and reinforce its role as a bridge between East and West. Philanthropy is becoming increasingly important as governments face complex social challenges, and communities, businesses, and civic society are working together to address these issues. The forum brought together philanthropists, social entrepreneurs, policymakers, and others to discuss how to tackle the world's most profound challenges.

Written for “Philanthropy in Asian Markets” on 2026-10-22, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Philanthropy in Asian Markets
Economy/Business · 1 article(s) covering the same event.

Compared with similar articles

Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
6
sentences that state something as happening or true
Uncertain
0%
0 of 6 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
South China Morning Post's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-07 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

South China Morning Post · 2844 article(s) · 6 correction(s) detected
Running correction rate · 6 correction(s)
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Who wrote this

Connor Mycroft
11 article(s) here · 1 carrying a prediction
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🔮 Philanthropic giving in Asia forecast to hit US$1.5 trillion over next decade Corporate giving makes up the largest share of philanthropic spending in Hong Kong, report says The Commission on Asian Philanthropy released its interim report on Monday, while the Hong Kong Jockey Club Charities Trust revealed in a separate report that it had contributed around 1.8 per cent of the city’s gross domestic product (GDP) in the 2024-25 financial year.
2026-09-07 · assertive framing · Philanthropic giving in Asia forecast to hit US$1.5 trillion over next decade
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Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 11 articles by Connor Mycroft →

Topics

Hong Kong PBC (Philanthropy for Better Cities The Commission on Asian Philanthropy the Hong Kong Jockey Club Charities Trust the Jockey Club’s

Subjects

Hong Kong GPE · 2× Jockey Club ORG · 1× Martin Liao Cheung-kong PERSON · 1× PBC (Philanthropy for Better Cities ORG · 1× The Commission on Asian Philanthropy ORG · 1× the Hong Kong Jockey Club Charities Trust ORG · 1× the Jockey Club’s ORG · 1×

Narrative

Philanthropic giving in Asia forecast to hit US$1.5 trillion over next decade Corporate giving makes up the largest share of philanthropic spending in Hong Kong, report says The Commission on Asian Philanthropy released its interim report on Monday, while the Hong Kong Jockey Club Charities Trust revealed in a separate report that it had contributed around 1.8 per cent of the city’s gross domestic product (GDP) in the 2024-25 financial year.
framing: assertive · carried by 1 article(s) · first seen 2026-09-07
🔮 Philanthropic giving in Asia forecast to hit US$1.5 trillion over next decade Corporate giving makes up the largest share of philanthropic spending in Hong Kong, report says The Commission on Asian Philanthropy released its interim report on Monday, while the Hong Kong Jockey Club Charities Trust revealed in a separate report that it had contributed around 1.8 per cent of the city’s gross domestic product (GDP) in the 2024-25 financial year.
2026-09-07 · South China Morning Post
Philanthropic giving in Asia forecast to hit US$1.5 trillion over next decade · assertive framing

Claims (6 extracted, 0 hedged)

Philanthropic giving in Asia forecast to hit US$1.5 trillion over next decade Corporate giving makes up the largest share of philanthropic spending in Hong Kong, report says The Commission on Asian Philanthropy released its interim report on Monday, while the Hong Kong Jockey Club Charities Trust revealed in a separate report that it had contributed around 1.8 per cent of the city’s gross domestic product (GDP) in the 2024-25 financial year. asserted
it → hit → year
Both reports were released on the first day of the Jockey Club’s PBC (Philanthropy for Better Cities) Forum 2026, which brought philanthropists, social entrepreneurs and policymakers, among others, to the city. asserted
which → release → city
At the opening ceremony, Jockey Club chairman Martin Liao Cheung-kong said the forum had provided Hong Kong with an opportunity to “showcase its credentials” as a global hub and reinforced its role as a bridge between East and West. asserted
forum → say → East
“We are gathering at a critical time,” he said. asserted
he → gather → time
“Philanthropy is growing in importance because governments are no longer alone in confronting the world’s most profound challenges. asserted
governments → grow → challenges
“Today, communities, businesses and civic society are all grappling with ever more complex social needs, demographic shifts, technological disruption and the pressing realities of climate change.” asserted
communities → grapple → change
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