CHINA

Major Public Universities Pocket Lion’s Share of Education Donations in China

Published: Nov. 4, 2024 6:29 p.m. GMT+8

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Major public universities pocket the majority of large donations in China. Photo: AI generated

Chinese universities have received over 5.2 billion yuan ($733 million) in large donations in 2023, with major public universities being the primary beneficiaries of charitable funds in recent years, a report showed.

From 2022 to 2023, 112 out of 116 university foundations receiving donations of more than 10 million yuan were public institutions managed by central or provincial-level governments, according to a report released last week by philanthropy consultancy Corporate Citizenship in Action (CCiA).

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In 2023, Chinese universities received over 5.2 billion yuan ($733 million) in large donations, with public institutions being the main beneficiaries.
Top universities like Peking and Tsinghua amassed 61% of total donations in 2022-2023, and 88% of academic funds favored central institutions.
Corporate and alumni funding surged, with Lei Jun's 1.3 billion yuan donation to Wuhan University marking a record, but overall donations decreased by 21% from the previous year.

AI generated, for reference only

Who’s Who

Xiaomi Corp.: Xiaomi Corp. is a Chinese smartphone maker. In November 2023, Lei Jun, its co-founder, donated 1.3 billion yuan to Wuhan University, marking the largest individual alumni cash donation received by a Chinese mainland university.

Corporate Citizenship in Action: Corporate Citizenship in Action (CCiA) is a philanthropy consultancy firm that released a report highlighting the distribution of large donations to Chinese universities. It emphasizes that major public institutions, especially centrally administered universities, are the primary beneficiaries. CCiA advises donors to focus resources on regions and schools with the greatest needs and quality disciplines, rather than just prestigious institutions, promoting a more rational and public-spirited approach to educational philanthropy.

AI generated, for reference only