The Chronicle of Philanthropy highlights a New York Times article focusing on the growth of Asian American philanthropy.
Asian-Americans who have built fortunes in finance and technology are joining boards and making multimillion-dollar gifts to universities, museums, and other institutions. Groups such as the Korean American Community Foundation and the American India Foundation hold regular fundraising galas, often targeting needs in their homelands or U.S. diaspora communities.
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Many people, organizations and businesses in Miami are actively committed to philanthropy. As Javier Alberto Soto, president and CEO of the Miami Foundation, puts it, “Miami is home to a young, diverse demographic that’s looking for ways to get involved, ways to improve our community that aren’t traditional, like a formal gala.”