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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The Charities Aid Foundation has set up a scheme, called the Social Enterprise Assist, that will render interest-free loans of up to £10,000 each to help social enterprise start-ups.