Jockey Club hosts fourth philanthropy forum in Hong Kong

The Hong Kong Jockey Club concluded its fourth Philanthropy for Better Cities Forum on September 10, 2024, at the West Kowloon Cultural District. This event, the largest of its kind, was organized by the Club's Charities Trust in collaboration with the Institute of Philanthropy, which was established in 2023. The forum featured discussions on the launch of the Commission on Asian Philanthropy, aimed at enhancing the philanthropic landscape in Asia by creating a supportive ecosystem for local practitioners. The first plenary session focused on the potential of Asian philanthropy, emphasizing the need for a tailored approach that respects the diverse cultural contexts within the region. Key figures from various foundations participated in discussions, highlighting the importance of collaboration and shared learning among Asian philanthropic organizations. The commission's goal is to define opportunities and challenges in the sector, promoting a sustainable future through collective efforts. Winfried Engelbrecht-Bresges, the Club's CEO, delivered the closing remarks, reiterating the significance of the Commission on Asian Philanthropy. The forum also included a session on the social returns of investing in arts and sports, showcasing how these sectors can contribute to community development and social cohesion. With over 55 global philanthropic organizations in attendance, the forum aligns with the Hong Kong government's vision of establishing the city as an international hub for philanthropy. The event not only fostered dialogue among leaders in the field but also set the stage for future initiatives aimed at maximizing the impact of philanthropy in Asia.