Is philanthropy the same as charity? No, says Dr Feng Lun, Founder and Chairman of World Future Foundation, the first philanthropic foundation set up by a Chinese entrepreneur in Singapore and Beijing Vantone Holdings, a real estate investment company. Speaking at the NUS Greater Good Series fireside chat, he said, “The biggest difference is that charity often addresses a particular group that is in need and it is often associated with poverty relief. Philanthropy addresses more universal issues for the betterment of the world, for example, better education and environmental protection.”
Dr Feng is one of China’s renowned businessmen and thought-leaders. He is also one of China’s pioneer philanthropists, who takes a keen interest in poverty alleviation, education and sustainability issues through Vantone Foundation and World Future Foundation. He was also instrumental in the establishment of Ai You Foundation, One Foundation and the SEE Foundation that supports areas like better medical care for kids suffering from congenital heart disease, increasing participation in philanthropic giving and volunteerism as well as protecting the environment.
At the event, which was attended by well-known entrepreneurs, philanthropists, members of foundations, community leaders, new immigrants, Dr Feng shared insights on the development of philanthropy in China a lively discussion with the audience followed on the opportunities and challenges of cross-border philanthropy. Dr. Wu Chiaw Ching, Honorary Secretary, Ngee Ann Kongsi, said, “This was an excellent event and I found it to be meaningful and interesting. I look forward to more events like this where we can interact with speakers and participants from different cultural backgrounds. These interactions inspire ideas!” To view the event video, please click here.
The NUS Greater Good Series features talks by leading minds on topics related to philanthropy. These include generosity, giving and service to the community, as well as leadership, personal well-being and mental resilience. The series aims to raise awareness of philanthropy and its impact on society. The Series was made possible thanks to a generous gift from Newsman Realty Pte Ltd.
For further information on the NUS Greater Good Series, contact Jeanne Ng at Jeanne.email@example.com .