Monday, April 25, 2011

University World News - ASIA: The rise of higher education philanthropy

University World News - ASIA: The rise of higher education philanthropy: "With such headline amounts at a time when universities are internationalising and diversifying from dependence on public funding, more attention is being paid to philanthropic higher education fundraising in Asia.

Philanthropy in higher education is not new in the region. Hong Kong Billionaire Li Ka Shing's HK$1billion (US$128 million) donation to Hong Kong University in 2005 was the largest single amount the university had ever received and at the time the largest donation to a university in Asia."

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