Page 58 - Forbes - India (January 2020)
P. 58

Cross Border                   CHina                    aFriCa                    CHina














          A World
          of Worthy
          Causes                         TeaCHer
                                          TalenT
          Here are seven examples of     in CHina                  aFriCa                  WOMen’s
          causes funded by the Jack                             neTpreneur                   sOCCer
          Ma Foundation. Only one,   Ten-year programme to train and
          women’s soccer in China,   develop teachers in rural China  prize                 in CHina
          is not wholly funded by the                            iniTiaTive
          foundation. The other six        Funding:                                           spOnsOrs:
                                                                                            alipay Foundation,
          have received an estimated   $45 MilliOn                a total of 100 african    jack Ma Foundation
          total of $212 million,                               entrepreneurs will receive $100   and joe Tsai Foundation
                                                               million over ten years. nigerian
          either pledged or already                            medical supply startup lifeBank   a partnership of three
                                                                                          foundations to support the
          distributed. The year                                 won the top prize among ten   development of women’s soccer
                                                                 contestants in an award
          when each initiative was                              ceremony held in november  in China over ten years
          launched is at the bottom
          of the column                                              Funding:                 Funding:
                                         ausTralia             $100 MilliOn              $143 MilliOn
          source alibaba group
    58
                  CHina
        clockwise froM top left: gettY iMages; gettY iMages; reuters; shutterstock; reuters; gettY iMages; reuters
                                                                  Middle easT
                                                                                               CHina









                                     Ma & MOrley
                                     sCHOlarsHip,
                                     universiTy OF
                                       neWCasTle               Queen rania
                 rural               The scholarship is named after   FOundaTiOn
                                      newcastle resident australian
                                                                                           WeTland
             eduCaTiOn               Ken Morley (who died in 2004).   run by Jordan’s Queen rania,   prOTeCTiOn
                                      Ma first met Morley in 1980 in
                                                               the foundation got $3 million to
                                       Hangzhou, and they had a
               in CHina               decades-long friendship. The   support educational initiatives in
                                      scholarship helps 20 students   the Middle east, including   The funds will go for research
            a ten-year programme to train   each year with expenses, while   edraak, a free online education   and protection of the Xixi
            headmasters and educational   another 10 get a 12-day   platform offered by the   national Wetland park in
               leaders in rural China  immersion programme in China  foundation                Hangzhou
                 Funding:                  Funding:                  Funding:                 Funding:
             $30 MilliOn               $20 MilliOn               $3 MilliOn               $14 MilliOn

                  2016                     2017                      2018                     2019




          forbes india • january 31, 2020
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