Where the $1m donations went % of total value*
33% 16% 15% 13% 7% 7% 5% 4% 1% 0.7%
Foundations
AMOUNT GIVEN TO FOUNDATIONS
Public and societal benefit
Higher education
Arts, culture and humanities
Health
Government
Overseas**
Education (not universities)
Various
$289m
Human services
Single donation puts foundations on top The largest portion of million-dollar gifts – 33% of the total value – was ‘banked’ in foundations.The prominence of the foundation subsector is due to the highest-valued gift identified from Dr Tin to his own foundation – without it, the subsector would have been among the three least popular sectors.
The public and societal benefit subsector (which includes charities supporting civil rights and independent social and scientific research among others) and higher education institutions were the second and third most popular destinations in terms of the total value of million-dollar donations, although higher education institutions received more gifts.
*
Totals may not equal 100% due to rounding.
**
‘ Overseas’ refers to charities headquartered outside the country in question (ie, China, including its special administrative regions), regardless of the purpose of the gift. For example, a donation from Hong Kong to a school or hospital in the UK.
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