China Philanthropy List Issued

China Philanthropy List Issued: "China Philanthropy List Issued
2006-04-11 18:28:28 CRIENGLISH.com
A list of China's most generous philanthropists has been issued by 'Hurun Report' magazine on Tuesday, ranking the one hundred most generous individuals in the Chinese Mainland.

On top is 84-year old Yu Pengnian with a staggering US$250 million donation to eye care, followed by 38-year old Yang Lan with US$68 million to education and 55-year old Huang Rulun with US$56 million to education and poverty alleviation. The Top Hundred have donated US$694 million to charity since 2003, mostly without tax credits. 54 individuals from the '2005 Hurun Report China Rich List' are amongst the hundred most generous.

'Hurun Report' also released the 2006 China Corporate Givers List. Private foundations of overseas Chinese held the top five places, including four from Hong Kong, led by US$80 million of donations from the Li Ka-Shing Foundation, and one from Indonesia. The most generous domestic corporation was oil company, CNPC. The most generous bank was HSBC. Total donations of the Top Fifty to charity amount to US$550 million."