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Commissioned by: Agence Française de Développement

Pauline Tan and Swee-Sum Lam

This study looks at an emerging trend in which wealthy families, individuals, and corporations in Asia set up foundations to institutionalise their giving. This giving is motivated by a myriad of factors beyond prestige and status, including the desire to give back to society, religion, family and personal values, the desire to drive change, personal experience, and/or affiliations.

Commissioned by: Sasakawa Peace Foundation

Pauline Tan and Swee-Sum Lam

The study reviews the current state of impact investments in Singapore and Hong Kong, particularly those that have engaged with foundations. It further looks at the trends and challenges of the impact investment sector before presenting a list of recommendations.

Commissioned by: Singapore Centre for Social Enterprises (raiSE)

Swee-Sum Lam and Weina Zhang


a. Fivefold jump in awareness of social enterprises between 2016 and 2010 b. People in 31-35 age group have highest awareness c. Increase in buyers from 22% in 2010 to 35% in 2016 d. Positive correlation of purchase of SEs’ goods/services with higher awareness of social enterprises e. Buyers and ready buyers are motivated by social mission and uniqueness of products and services f. Non-buyers are looking for quality and price competitivene

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