1. The Future of Philanthropy in China Opportunities and Challenges Wang Zhenyao The Philanthropy Research Institute The Beijing Normal University and One Foundation China

2. After China’s per capita GDP Reaches $4000 In 2010, China’s per capita GDP is already more than $4000; 40yrs earlier than Mr. Deng Xiaoping’s prediction; But the social policy remains at the level when the country has less than $1000 per capita GDP; So more mass incidents are happening; Now the philanthropic affairs are needed to mitigate the social conflicts.

3. The space of China’s Philanthropy Development Comparing with the USA, Chinese GDP in 2008 was 4326.2 billion dollars and US is 14204.3 billions at same time. China is already 30% of that of the USA. But the foundation numbers is 2000 in China and about 100000 in USA, just 2%; The donation: 50 billion yuans in China vs. the 300 billion dollars in USA one year; Chinese philanthropy needs to do a lot.

4. 2010 events: progress The biggest event was Bill Gates and Warren Buffett visiting China on September 29; The One Foundation transformed from a private foundation to a public foundation; The donations for the Yushu Earthquake and the NGOs’ arguments against the government’s policy; The Foundation Center was established.

5. New Challenge: How to construct all kinds of linkages between the poor and the rich people; This is the biggest challenge in the history of China because there was only the experience of rebellions; Now the rich people want to learn from international examples about charity and philanthropy; and the poor people also need the help from the rich; they both need a lot of linkages but what there are now is not enough.

6. Strategy one: Encourage rich people to establish foundations Make rich people helping poor people or doing social advocacy through foundations; The corporations applying for the foundation registration enjoy more advantages than ordinary people; The corporations can get tax exemption but they must spend 8% donation in one year and so the NGO get benefit.

7. Strategy two: Establish the training programs supporting the foundations In face of more and more foundations, the big pressure is short of the talents for organization management; The NGO’s leaders need different training programs so they can get more skill about management; How to make foundation’s leaders more efficient and more skilled?

8. 2011 would be the turning point for Chinese philanthropic history Corporation or family foundation numbers maybe increase from 300 to 1000; The donations may reach 100 billion Yuan; Local competition about philanthropy will be unfolding; Billionaires will go through the great transition from capitalists to social capitalists.

9. How to provide supporting programs at the universities? How to establish the different think tanks about the Chinese philanthropy? How to make foundation’s work more professional and more efficient? Now the big challenge is: short of skilled trainers and organizations; There needs the global philanthropy education platform to provide the service for Chinese philanthropic development.

10. Three questions First, how to make the training programs more efficient and more influential? Second, how to establish the international training program to foundation leaders; Third, how to encourage exchange program between US and China foundation leaders?