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Tuesday, September 29, 2009
The Celebrity - Forbes.com
The Celebrity - Forbes.com: "For those of us active in philanthropy in China, there is also a story of growth. Not-for-profit activities and philanthropic giving have steadily increased in recent years. In 2002, philanthropic giving in China totaled 2.2 billion yuan ($323 million). In recent years, the total has exceeded 100 billion yuan ($14.6 billion) annually. An important milestone was reached in 2004, when private foundations for the first time could legally register in China. Now there are around 1,500 private foundations doing needed work across the country."
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