On the morning of January 20, 2022, the China Donation Top 100 List (2021) press conference was jointly organized by Minde Consulting Company and Jingshi Shancai Inheritance Laboratory. Academic and platform support was provided by the China Institute of Public Welfare at Beijing Normal University and the Social Governance and Public Communication Research Center at Beijing Normal University.
Wang Zhenyao, Dean of the China Institute of Public Welfare at Beijing Normal University, delivered a keynote speech on the "Top 100 Chinese Donations and Social Value Economy". Cheng Fen, Assistant Dean of the China Institute of Public Welfare, released the list and analyzed it. Fu Changbo, Director of the Social Governance and Public Communication Research Center at Beijing Normal University, commented. The press conference was hosted by Zeng Jing, a distinguished expert of China Public Welfare Research Institute, Huang Haoming, a professor of Shenzhen International Public Welfare Institute, Feng Ling, deputy secretary general of Huamin Charity Foundation, and Li Chengyi, founder of Heroad InvestmentHeroad Investments (Shenzhen) Venture Capital Co., Ltd., on "how to welcome the era of hundreds of billions of yuan donation" We will discuss the three directions of "seeking large donations in the direction" and "value investment in the era of social value economy". At the end of the meeting, Gao Huajun, Executive Director of the China Institute of Public Welfare, will give a press conference summary.
The 2021 "Top 100 Chinese Donations List" presents ten major features
1. The total amount of the list is 69.7 billion yuan, setting a new historical high, more than three times the historical average;
2. Donations of over 100 million yuan account for over 60% of the list, with a record high number of donations of 10 billion yuan, 1 billion yuan, and 100 million yuan;
3. The minimum amount on the list is 30 million yuan, reaching an 11 year high. There are a large number of donations of tens of millions of yuan outside the list that cannot be ignored;
4. Stock donations are increasing, with 8 stock donations contributing 47% of the total list;
5. The awareness of charitable planning among large donors has increased, with more promises to donate over the next 3 to 10 years;
6. The presence of corporate or family foundations is increasing, becoming an important channel for corporate or high net worth family donations;
7. Sudden events such as floods and epidemic prevention and control have stimulated the potential for corporate donations, with Henan receiving 20% of the total number of large donations on the list; Shanxi receives 7% of donations;
8. Donators from the three major industries of real estate, manufacturing, and information technology account for 70% of the top 100 list;
9. 36% of the large donated resources are invested in the education field, among which new and well-known universities have outstanding ability to attract funds, and technological innovation has become the darling of huge donations;
10. Various foundations, including university foundations, receive nearly half of the donations (49%), and Red Cross societies at all levels receive 2 billion yuan, accounting for nearly 3% of the total list.
More than half of the "new people" on the Top 100 list are Yang Guoqiang, Hui Ka Yan and Wang Jianlin
In 2021, there will be 54 people on the list for the first time, 15 people on the list twice, 16 people on the list three times, 4 people on the list four times, 12 people on the list five to nine times, three people on the list 11 times a year, they are Yang Guoqiang, Hui Ka Yan, Wang Jianlin, all from the real estate industry, and their annual donations have often exceeded 100 million yuan.
The frequency of "Shoushan" appearing on the list is relatively low, because after a one-time commitment of billions or tens of billions of yuan in donations, the pattern of its charitable arrangements has been determined, and there are few new donation resources invested in the short term.
Guangdong remains the province with the highest number of people on the list, with Beijing, Shanghai, Guangzhou, and Shenzhen ranking among the top
The distribution of the companies (headquarters) or units where the top 100 individuals were listed in 2021 has decreased compared to 2020, with a total of 22 provinces and two overseas Chinese. In terms of quantity, the list is concentrated in Guangdong (31) and Beijing (26); The second tier is Shanghai (9), Fujian (6), and Zhejiang (6); Anhui, Shandong, Henan, Liaoning, Sichuan, Tianjin, and Hubei each have 2 people on the list; Guangxi, Shaanxi, Shanxi, Chongqing, Ningxia, Hunan, Inner Mongolia, and Hainan each have one person on the list.
Guangdong has a large number of people on the list, which is not only related to its relatively vibrant economy, but also to the Guangdong Poverty Alleviation Day activity that has been vigorously promoted in recent years. At the end of June and beginning of July each year, governments at all levels, charitable organizations, and poverty alleviation foundations carry out fundraising activities, and most influential enterprises in their jurisdiction actively respond and raise signs to donate.
The total number of rankings has reached a historic high, more than three times the historical average
In 2011-2020, the lowest total donation amount on the Baijie List was 12.2 billion yuan (2011) and the highest was 37.9 billion yuan (2016), with an average total donation amount of 21.889 billion yuan over the past decade.
In 2021, the total donation amount of Baijie was 69.724 billion yuan, far exceeding the total amount on the list in any previous year, 1.84 times the historical peak (2016), and 3.18 times the historical average (21.889 billion yuan).
The first charity of this year is Wang Xing, the founder of Meituan, with a total donation of 10.7 billion yuan. Ranked by donation amount, Wang Xing ranks fourth on the annual list. From 2011 to present, the top three top performers on the Baijie list are Yu Renrong (who promised to donate 20 billion yuan to build Dongfang University of Technology in 2020), Ma Huateng (who announced in 2016 that he would donate 100 million Tencent shares to charity funds in batches, worth 16.98 billion yuan), and Ma Yun (who donated 35 million Alibaba Group shares to charity trusts, worth 16.9 billion yuan in 2014).
The number of donations of 10 billion yuan, 1 billion yuan, and 100 million yuan is the highest in history
In 2021, there were three donation events of tens of billions of yuan, the highest in history; There are 9 donors in the billions of yuan category, which is the highest in history; There are 50 donors worth 100 million yuan, still the highest in history.
The threshold for listing is the highest in history, and donations below 30 million yuan are not eligible for the 2021 Top 100 list
The lowest donation amount on the 2021 Top 100 list reached 30 million yuan, which is the highest value in history and a 50% increase from last year's historical high of 20 million yuan. This year, 5 people on the list donated 30 million yuan annually, tying for 100th place on the list. According to incomplete statistics, in 2021, there were over 200 donors with a total donation amount of over 10 million but less than 30 million yuan that met the scope of this list. These data mean that besides the 2021 Top 100 list, there are still many large donors and donation resources worth paying attention to and developing.
In 2021, in the face of challenges such as the COVID-19, flood disaster and economic downturn, Chinese philanthropists and private enterprises will face all kinds of difficulties and uncertainties. They will have a deep understanding of the institutional arrangements for common prosperity and three times distribution, and make rapid response after the occurrence of natural disasters and epidemics. They will contribute generously to flood prevention and flood fighting, rural revitalization, scientific and technological innovation, social services and other undertakings, reflecting the private entrepreneurs High income professionals and other groups who "get rich first" are responsible for the cultural heritage of "reaching the goal of helping the world" and the mission of "getting rich first drives the prosperity of later, and achieving common prosperity".
Stock donations are increasing day by day, with 8 equity donations accounting for 47% of the total amount on the top 100 list
There are at least 8 stock or equity donations on this year's list, of which 4 are used to establish charitable organizations such as foundations, and 4 are donated to universities. The total value of these stock donations reached 32.767 billion yuan, accounting for 47% of the total amount on the 2021 Top 100 list.
The stock value of listed companies has volatility, and the prices of Xiaomi and Meituan stocks listed on the Hong Kong Stock Exchange at the end of 2021 have significantly decreased compared to the mid year arrangement for share transfers. However, in the long run, these stocks have good room for appreciation. Taking the Heren Charity Foundation as an example, in 2011, Mr. Cao Dewang, Chairman of Fuyao Glass, donated 300 million shares of Fuyao Glass held by individuals to the Heren Charity Foundation established by him after experiencing setbacks, with a market value of 3.549 billion yuan on the day of transfer. Ten years have passed, and the Heren Foundation has donated 3.074 billion yuan in seven major areas: teaching and learning assistance, disaster relief, public health, poverty alleviation, cultural inheritance, elderly and disabled assistance, and ecological environment. However, the fund pool of the foundation has not decreased. According to the official website data of Heren Charity Foundation on January 19, 2022, its stock market value is 9.061 billion yuan. This situation gives the Heren Charity Foundation confidence to announce the investment of 10 billion yuan to establish Fuyao University of Science and Technology.
Generally speaking, the growth potential of high-quality stocks far exceeds the appreciation and preservation level of domestic foundations, and can bring a continuous stream of dividends, bonuses, and other benefits to the organizations they hold, ensuring the sustainable development of philanthropy.
Top 10 Donation Details on the 2021 China Donation Top 100 List
1. Wang Xing signed a stock transfer plan to convert 10% of his personal holdings of approximately 57.319 million Class A shares into Class B shares (with a market value of 10.5541 billion yuan) and inject them into the Wang Xing Foundation, promoting public welfare undertakings such as education and scientific research; Donate 50 million yuan to his alma mater Longyan No.1 Middle School; Donate 100 million yuan through the Meituan Public Welfare Foundation to support the living and resettlement of disaster affected people in Henan, as well as post disaster health and epidemic prevention.
The Heren Charity Foundation, founded by Cao Dewang, promises to invest 10 billion yuan to establish Fuyao University of Science and Technology in Fuzhou. In order to reserve sufficient funds, the Foundation Council has decided to suspend social donations except for the continuation of some cooperative projects (totaling 263.75 million yuan). But when a disaster occurred in Henan, Cao Dewang proposed and decided to donate 100 million yuan to the Henan Provincial People's Government for flood prevention and disaster relief through the Heren Foundation Council.
On the occasion of the 30th anniversary of the establishment of Anta Group, Ding Shizhong announced the establishment of the "Hemin Foundation" with a value of 10 billion yuan in cash and shares held by his family, and donated 2 billion yuan of it to build the Shanghai Sixth People's Hospital Fujian Hospital (Fujian Hemin Hospital). In addition, Anta Group donated 50 million yuan to Xiamen University and 30 million yuan (excluding materials) to assist Henan and Shanxi.
4. Lei Jun donated 616 million shares of Xiaomi Group Class B shares (with a market value of 9.51 billion yuan) to Xiaomi Foundation Limited (Hong Kong) and Lei Jun Foundation Limited (Hong Kong); The company has donated a total of 70 million yuan to Henan, Shanxi, and Xi'an for flood control, disaster relief, or epidemic prevention and control through the Beijing Xiaomi Public Welfare Foundation.
5. Baofeng Group has pledged to donate 6 billion yuan over the next decade through the Ningxia Yanbao Charity Foundation, including 120 million yuan to Tsinghua University, 30 million yuan to Henan Province, and ongoing educational assistance projects.
6. Ali, Ant, Ali Foundation, Alipay Foundation and Ma Yun Foundation donated 330 million yuan to Henan, Shanxi and Xi'an for flood control and epidemic prevention; Environmental donation exceeding 800 million yuan (including agreement amount); Positive energy fund of 200 million yuan; Sports donation of 90 million yuan; Education donation of 130 million yuan; Medical donation of 40 million yuan.
In 2021, Tencent Group made an actual donation of 1.5 billion yuan to the Tencent Public Welfare Charity Foundation, which was used for disaster relief, technological development, rural revitalization, education development, ecological and cultural protection, and other fields. Among them, over 350 million were related to war and epidemic projects, and over 150 million were supported in the floods in Henan and Shanxi provinces.
8. Zeng Yuqun donated 2 million shares of Ningde Times stock worth 1.374 billion yuan to Shanghai Jiao Tong University; Donate another 25 million to support the flood control in Henan.
9. Country Garden and members of the Yang Guoqiang family donated a total of 1.45 billion yuan through the Guoqiang Foundation, including 222 million yuan donated to Tsinghua University, which has been included in the 2018 Top 100 List as promised and not included in this year's list data.
10. Taikang Insurance Group donated 1 billion yuan to Wuhan University to establish the "Wuhan University Taikang Medicine and Education Fund" to support the construction of first-class medical and life sciences disciplines; It also donated 50 million yuan to Henan to fight floods, 30 million yuan to Nankai University and 20 million yuan to the China Development Research Foundation.
2021 China Donation Top 100 List
(Released on January 20, 2022)
Note 1: The deadline for data collection and verification on this list is January 19, 2022.
Note 2: The foreign currency donations counted on this list are uniformly calculated based on the Bank of China's foreign exchange central parity rate as of December 31, 2021.
Note 3: The equity donations counted on this list are uniformly based on the closing price on December 31, 2021.
Translated from "Top 100 Chinese Donations List"