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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Midsize businesses are tapping into the social business market because large companies do not need the help of start-ups to create a “social technology stack.” But a social business stack cannot generate revenue by itself.