PHA SRO Mite CCHINA INITIATIVE FOR SOCIAL FINANCE SHEN “PHARSMUMTY” SRABE BE, BE, BURR, BNE, SOF Wi: BE, ER, AE, HE Sip: 3K BB sa: ETAL SBF: WS FRM R ALANA TIARA: TaN, SOMERS, BATH, ISIS ERE ITF) oe CreditEase a ® fee2 TaiassoNesERR FOREWORD 4 | pxara. 5 CONTENTS executive summary 7 | inTRODUCTION Purpose ofthe document Essence and role of verture philanthropy Targets of VP Published by the Asian Venture Philanthropy Network Limited (AVN) This edition April 2014 Copyright © 2014 AVEN IN :978-961-09-0825-8 Ema info@avpn asia Website: ww avon asia Creative Commons Attibution-Noncommercal-No Derwvative Works 3.0, ‘You ate free to share ~ to copy, distribute, display, ané perform the work — under the following conditions + Astrbtion: You must atibute the work as GETTING STARTED IN VENTURE PHILANTHROPY IN ASIA Copyright © 2018 AVPN, + Non commercial: You may not use this work forcommerdal purposes. + NoDerivative Works: You may nat ale, ransform or bull upon this work + For any euse or distribution, you must make clea to others thelicense terms ofthis work, ‘Authors: Edited by Simon Chadwick Design and typesetting: Drummond {www.drummond:.com se) aeration ‘This publication is extensively based on an edited, extracted and amended version of the report “ESTABLISHING A VENTURE PHILANTHROPY ORGANISATION IN EUROPE” Copyright © 2010 EVPA, SBN: 0.9553659-4 5, with permision from EVPR. The EVPA ls not responsible for the contents of this publication Download the "Getting Started in Venture Philanthropy in Asia" guide and lgalramework country profiles from woraavpn.asa/stantVPO TEAR ORSTENARONRSEEN 3 ntRoDUCTION To st | sources 2 THE LEGAL PRAMEWORK GLOSSARY OF TERMS 75 a PROFILES GETTING STARTED IN VENTURE PHILANTHROPY IN ASIA A PRACTICAL GUIDE TO ESTABLISHING AND OPERATING A VENTURE PHILANTHROPY OR SOCIAL INVESTMENT ORGANISATION wire svnorror: DIDREW& NAPIER Menthdesa gw = EDITED BY SIMON CHADWICK. FROM AN ORIGINAL REPORT BY THE EUROPEAN VENTURE PHILANTHROPY ASSOCIATION | APRIL 2014 TAROSEWARSONRSEE 5 Part 2 SiR AsORMSO obazeonis SaESERe Part 3 sititee TRE pis ed §—meMEs+Z? OE Part 4 siRESe SBIR THE SRR —PRLAT, RAR WLR 7 26 45 68 7 79 TNAR ORS6 TARO ese FOREWORD A TaN aRsON OESUWARsONeSRE 7 CMI RO MONROE, BARS REMRC RTE SOROS THORS RIOR RIE. MEME HE, HEARNE Lape a ous aR ASEAN, Jit aS RTEIOR. AMOUR (VP) ZIFNAB AMRIT ATSIRIN AMOR, PAD RCMDAE LA AUD LMR ACL. RENT MO RMROLA RUSTON TINEA , REMRERI AA (RASTA. INRA RRNT ALi, TRUS RNeLLUReR mE Ros. 2005, S24 LOMMRIPIC) HRBIT ARBRE, MET LIEN tHe dR FRR). HATTA PROMS a DATRAROOATZ IBA), UDQM, 5: DTK. AMILAMAN SRM: BR, CRRMAMLTRDeAAA 128; JOR, Bes CMMERED. RERTRRGUTNST, CHER ERNURRRS. GER, AMOABMTHIG IRSA, SARA SMOE ER. SHON, RAT OTWRR. RASSRTRATT, OO, NOHO, MEE, AUMAMWSAS Sst. AMAT RNAMORDS, ROIGETRRES, BP SEMISARR. ORS RIALCOARALSRMAL 7 Inspiring Scotland ( “AUTH ) RESIS RAMON, RRR T RRA. ABORT AIR? (5 AVPN DRE, RICE RRR. ATTURARIRA MAM, CTURERSARMARR, ARETE AFAR RMEMDRAZIN, RAAMOIRDALTTUR: SPUR EORRASITAS, -ALLALMSRAO TBAT, (BRN? ATRECMRAUAOW, ISAM, EM AOE. USERONLINE. BOADEE, #RRIRRAY ASR RIEREM ORE. ‘EER YADA HORE LOH ALTRI. HARM AERA DR, BURUND, SARL, RUGRTASASTIIC SHE —RIGMEE, AVPN ESCORT SERESROH, IRMLSRARINES AVPN TREO Hi. AVPN WO: OOS SAIACIMIG RAHM FR ONEH AORS, M3, SRIF. “pATIRSARROLIE? RL AFM, ABR RIB AR roan. * Francis Ngai, S432 FRR, PBHLBONA Social Ventures Hong Kong) « ERATE “aes RE. ROMS Insesteotemn, PNeRSERATS @, RINMMLSEINEERLL 10 (835 20 (Sab Aner HM AR, RARE rosaries, * Deval Sanghavi, 1A RBAMBA, Dasra, TNAR ORS8 TNAmO SRE FOREWORD “pa eeu, RARE, CEMA BRRRE. ABSBDD, © feneOACMMRe, REA HORRORR, BNSC sexe." Tor, BaRBR (NPI) — aes. A, AEM eS STOR: Ripe. SACRE FILURE ELAS. set CORMAN.” Arathi Laxman, 2 9838 OR, OmAOREOMA TK 4 (Social Venture Partners. India). AONE HOSTER. OH, RRA 15, TIEN, AOURAWADAASINISE, SAT RAUNT HERE ER MIST RT REPS ORE, CA LAMMNUNESAT—TREOCAMCHREHNIEHRT. TM HAMAR TOMAMCIEURA, RP UNAMEAII I. ReMRRIERA FAG, WE, HE, SH, Sn, VOATMRINR, sos, chal, EDK, coierezsuuanat RIDIT-SAAY AVPN SORA MRO RSNA NEMO, MMSE T A WASRLORI SP RRIOERSTAR. Bei) so EANMA ZA ONYONOETMSEAR. HEREEHAORST SP RAN HTRPALESIREDRAEY.. SR(TBT+9) RR Citford Chance, Drow & Napior and Nishith Desai Associates XIITIMESERAVIRERESRETANRO MINA, SRAMIRETIE Rae SEATED Elaine Tan Sc-biR @MERANSS eM 7 BR WORURRORTNN, TRA MIRARONS. fos —ONRARARARENES, HENNE IAM DELEASH. LIRRSRNAMOROWET TN. MRRNSRGE SIM), wD foi Damo ZR. Andrew Muirhead AVPN BIS 2045 RNAS (EVPA) HRS IEAM ATEML EMEDIA EVPA IES. EVPA IRE —MRLLAEF 2008 SF 9 A. HEEHN 381K Luciano Balbo, Deirdre Mortol and Piator Oostlancor #4, TYPED IDE CAREER, ARENT PRA BLE —Fondazions Ole HBS (AH). (One Foundation! 327% ).Impetust S808). Venturesome 3859 Je Noaber Foundation’ #2). SEY FRPS RAE LEE, ATIPAMOMH, BEATER. EVPA OT AEA AOI, ONTO, RDTRADARA, Mn A Artur Taevere FISREH Cormac Sheridan LLBUREYSHE Alenad Abu-el-ata NURRRR. SSRN EVPA 1998— AIRC 2010 *F 11 A. Doirura Mortal, Pictor Oostandor ADWHSEE Lisa Hehonlboraor RBC ‘TRF, Luciano Balbo, David Cantington, Ines De Oiveira Magahaes ‘5 Nat Sioane ah Tram. TEAR ORSEXECUTIVE SUMMARY amie10 TaN aaROHOSERRT EXECUTIVE SUMMARY ANEEAORL= AND RAF 2008 WNASONSEIRRSTAAMEDRITUAR, OIEPE, 8, OM, BaeroIM. AVPN HS EBERRON AzONNe (VP) SOHNE. AERO SFR. -SIEMVBETSLS AVPN MIE RUWARLENO SSR ARTIS]. IRMEALTD AVPN AVSAOMICSHIEISIOA AVEN RR. 2475, IHREN ABS) OPNE AAS) EDOM IAL BRNRbRANS NT, LULA TTANSMRAOME. RIAD RONNIE RSOLaRS— Ire $23, MRDSUHADIPNPAREENREUA ( VPOS) , ARSRITRIEAIR ISEBGMRT NOR, CHR RMR, (2052 7 NTA OMAIUTOLATURA TACO, LOL HON RHA, IRUYESURSIAAB HAMONSMB IA. BUGKIR, ERE TICRLA: FAMUAASUNTATRERR, VAOTRIOAO: HERTHA (samt AAO, TAPES, CRESAGEM AEM), —HIAREMARCR RUTISEN (6). MONRO TARR. AH OURIIOTERTE/ ONERM MRB a EN NTH IRA I ALAN FRR ANITA RIR— REI ABOURRAT RU TROPMSOTAZ—. CF 2000 FHI 2004 SOE. TALS ORIMLAUE, &—ROULSAAVNIR (SPOs) TER AERIER. AROSE NMARIOHATY, SLRNOHEITEOR EA . OSTEND RRR URED, COA ROSE IE OS BESS, TSAR AMR RSH SMTAMSITMRE Fs (SMe) seus, W=HRS emia (MRR ) BOSH, A RBADAL a MOMMA ER ora HAO HED BEEK, MARRIOT HARUN (SSH OMANIMAMENRNNTKE) eo aeateat SANIT SBR “MRE” Abt 0. FNRI SEN MRINITES, LAIR URATMISSSH TEAR ORSUWaRseNeSRE 11 BOMARURE LEIDEN, WEEA, EAI ARLOMER, AMORA UR ATURASEY, QETEOHOT, MATRUTABH, ANoIRT-eRATHLER OMEN. ARMREST MARS, HS TEMETNORATD USERS. ARAVA ORIN 7 BA UPA ACPIBUY, SOUOKS FES, CHORARWHE, VETRORRTA, REI, HECENTLASITE ROOTING, dS FRNA AMOHAIIIRULAAT MANTRAS. BI, SLHCATRONISTRE. ‘ine ONT FORT ARONAOTNIRT OBA (10) NF SRATEMALEMR. Che SRR ET AE FAURELAN Deva SA0). ANTAL MOUOR ETA AOULATAL SRT. le, ‘is A EIB |e SAO AT ONRSTNIA — ACFE ALLEN CEO — LR THLASEORTIRATE ALE. AMOUR EASE ATKIN 914 A, RRS, AWTS FUMAT, CO MOTOM ANTS, NRE RRR NTL RRP SORES, ZIATHRK. Oh ABA ate neheAZ ik SERAULANTARS, UMNAMORMIARER TING MOD, saa RAMMED SME, RAAT. M7, TABI Uh, HOKE AMARA, ALTAR TSE “AEE, ET ROME @SIT AME. AAO UIRES ES. RORESE— TRIO, AMCIRIME AE AWMMATA, WHOMMASEL, EEETMOMSADMER, EROERY, wile HAAN PRRNTR TAOS WT AOMEBAAT, ALAONOU OI SE NIER PETMAN RREWOMEE REN. PAM RIMOR RHR E ATONE ARGS, MORTIAGSIAORA, WARK, LORRI LE, smi UTR, TSS. TAMARA, —VAMONRIIOIRN TNE (SERS), AH) BHSSHA TI. SARTRE ERA, MNATTIS RANI (BIE FRE) IRD MEERS, FAMOUS, SRE TERMHAL. CRIM, MLO STE, eI, ASRS, MRO ATURE aD CARS, REEMA, ABR Ape RRIF TABI, TSI ANDABARATERORSEAMISS, TIERONE ARE, SAVORED. GEAR T MADERA RATNININA AAE, FHELAEARH FAFASHANP AMON TM, Butoh MERINGUE AREMALORIL, HE MASAO RINT ERM SRI SME A TNAR ORS12 WENAaOIeStR EXECUTIVE SUMMARY ih. H-TAMOMMIRCR ESRI COO, HARTA MBIA NMA, RAETIANORRITEY, TERRE. QA RSRRATOMIUIES RRR RRSR RES. ital, seNMARONRNUY EPMA AITCMAICR, HASSAN. AT, CREATRE, FR AE, AREMSS, ISMN RIO AROMUUOT EER, RULERS RAO UERER FTG, AMON UINREIES NLRNEHIRR, TSH SUIS SRCETM TEER (SI, KARO XEI, MAES SeApODSRAL) « ‘Pie RSRIS RS LRU A HORII ts LNG DIES TODA STEED RAAB (FASANO SRAM (MIRAE). eb IDLER REMARRIED ( WONT / ATH ARRRASEERR) « AUNT TERRE EMAILS, HBT b BEGTL, 1, SRARWSMIA. ASOMOTLEASHIA, MER KRREND AR RRR, REMDS. GH TRS ES RMLs ROMER ER S, REARS, MARR, MESERTOMMe ROMAN, AACS TROLS, CSTR SA NARIOMMR, RR WT RERS SHEE, “TEa’ ORRESONRE ERAT AMOATIRRMIN, TH SRA EUSEIEOKS. SIUM, ABOIRINEMeE INVA AAO MARA ORAAME, ATOMS. ‘ARIE PEORIA NEES. CaM AE MOMRINENORS, SORA MMUOIOIRALEY ADEA. Joh, CATS AO ee Naa HR RmeRAUT CABERGRE, TRRRADRAME, CAN ETOR ERRMMEMARONS (Gh, HMSSIOS ASST) . AORREIITINE. BRINSON IABE+2 EH. IRS ARAMA ARONA IRATE ESRD | xa AONGUMTSF AMES REM SMR, PARENT WOE HTRAR ASAE, HRSETROTMINE, RULE ES TEAR ORSweseuesRE 13 FLBLAAOVORMOA MAMET. HOMARATLUARRRS), EARL, ORME (JM, MADUSEMMERAEINS, RiMeLAyRme ) MANILA ‘STRUT EEE. RUSLOMAARLADTINSRORR AAR BAIOESE, ARESENTM, OAT RIOR (ROATRER SITIO HEN ) . ON HOLARORE SRILA MORI MAM SOL AMON, MATTRESS wae, Rea BRRERSZITOREAA, CR MABOIRO ARES OR, BITTER, TASMACCARN. BORO R ERE RRRRO ARR. BTR SLANSERS TEENS, MeMLIMeS aOMEM sAmolaNVEROAREBROISTERR ER, Sa RLUTRAMOHRN ERRAND. RTI IOS — PUL IMRAN APRARLR. ARMS, Re RUMOUR, REREAD e, TARR AMEHR. WEL ANEREISLOHON, HETTERIOMNR ASAE IPH. SLURRED SERA A ARMOR Wa" , O MAIRNREESENEE SMEARS. RCRA TR RERWI Ah, AMOR SHARORMEMERS AMOUR, SOLARA STAM, METER Se ROE. SRL RTO ESTEE (RLS) RAMAN IP SAOTQRHARNOOM, MORIOTHA, DORRIT R) ( LURAIRARANI REAR RANA) | 10 BUNA SHAPERS. RRS ee SRAM TERR ED, LERTSI, SHSKSTIWNN, MURTHA, AHL SAOURRE SFE, STLOASER, FHORERRDE. T SENS, STRILARWHARIR AMER meLENRERS (OE) . 2M, ARONA UO, HEARN AS | TNAR ORS14 TNA OIeSCR I EXECUTIVE SUMMARY RRTROUREIATALNTR. MRR AITAUR ANAM DOSL NRT, FREAD SAORI SARE TH ANNO ILA OES IN LATS. PEAR RATT. ARGS TEM SAAMA AURIS RAMORUM STIS. MSO PRESTR PSTN. MEME ARO RNIEAS FRTRAMAG, (OR, ETAT, TELS, LABAwWER, aueMoT SEES TES ORRSONeT NHL RAN MARMOT LORENA RENOIR TE, SSCA REA ROENEREN, IMROREREINSS, MNT, SEES. AOU AUSTTL ENTER ORNL LOR, RIOT SAE TROT LIE. HOUREIOA OSM SHAROMEATE. INESIE AME RENMEI OMT, UKM ROE RIACAERD. LAVIN RRS PMR EEtERIOA AOU. Lioh, RATERS AMINA BROILERS aT THEN, FTHARE. AT, MAOIRERREN TROUT, Bin, RECRUTBSAINL AEN), REVESD MMOH. RUMEN, AHO T AMENRCAMOOKSRAD THRE, Ree AuolaTtE PAT. PAB OHO RINE AERIS SMA. MD, SHLAA TORE, CRAMER, BARTS TRRMRAINE, VPA GSI HO RIED LEAR ubeeselD 7019 F 4 ibaa C mIdeROE ERMDIORRN) , EVPA RINE RARER. LER ORS ABOWMINOER, HRTAMMM, RSET ITARROE SSI. SAAS, Hee SRARTERINLA. wt T SH TMA ONO A ROMA ERER. HUERTA AMOS TEAR ORSwauseuesRE 15 , HEROS TREND OER. ACHAWAMAILO RIGS. RES. KRMIORE, ae RHORM aE OHS, (SUTRA OWEN A, eM TIERAML. (afeethe. Auli UREEIEIE ASI RSA SM. it RURETALOURIMMI AROMA RES. LRU ATR RON e FOIA URAGKERTR) , MSSOMEOUSARREORE. AomaRMaA RUSH OTRRE, CEA S RUAN SOM ABOLE RRB CAR RIDELA AORTA. TASH, CEREME TIRES, SEMIN. AuoLEAS TUES RORPUABOVERRATEERMEITRE: LSS ANNE (RRMA ) RIES ; AER ILM; ICT AHL SENORUNIRLRTHOONMALS ; MARA SCORE BURRS A ( IE DESERT, ARS TOA It); LSA ROOMS CHO, Mt BLARUMURAWENE, ETM ANE, 0, 7 Nema peeaer a, HARRASSMENT. ENEDEENR - eta —TeRROARROLRNANElIA A RRREIN? ‘SEDER, MARIO —H. ARKRENT SOME, HEM ROSATI — PARE. RAAT ACURA, ARORA ITOMEIE eon." Francis Ngai, #220088 Social Ventures Hong Kong KA 'SEIEIMTE. “STRAALS OIRASIR OE PLIES MIRON IA AIST FTO RET SWOT, TARR, AREOLA SARIN. REKCEATRNES, TABS TRG.” ‘To, BR ( NPI) miseae - TERRMERINHCRE. ‘SANRENSATTEANDA. RRR REN WSIS DORR SARNIA ASNT, RNG TREOAAEY, SATIN /TUeUtt, BERET TNAR ORS16 NaaRONOSTERRT EXECUTIVE SUMMARY TRAVERS, ATR, OORT, EATER, 7! am. * Pooja Warier, RRASIGASEE, UnLtd India, #25 HUB SettSFE (Bombay HUB and Journeys for Change) « ‘ENDPTHOATIMIERE RIOTS. ERORGASORSZA, RIIET BBSADA, RIMARATES, MRA. TURE, Deb, FPDAMOURIUS, RIEYDU FRIAS SNARE Hiroshi Nonomiya, 65, ##StERRE ( Social Investment Partners) . “RENAL. ARCIRUSTENTE, ENUM RR EAMOIRIE. Sie ST MYOMRALUR AMOI, SR ORWERH. aMOHQUUORERTORH SARUAS, DRIEE SERMON ZINRR" Arathi Laxman, SMAI, EDARH ONES DHRC ( Social Venture Partners India) . EON, * Ken Ito, #2¥8H1 FO ( Social Investment Partners ) #1 AVPN BRI), Bea SASSER “ARIE, AERIS, (eT P MEER. HACURA RUSE FR OWENR. IRE, ARIMA. RR AGRGLUEE, MEET. (mIBOlMAOMIE TATED. Grace Sai, BSCKEARIEIHVTE, Hub Sn0i, SbmR TONIIC HEA. RREROMORANIEA, Ries SeADAT IAAL SHINEE HL. 2011 ELLK, LOT AMOLREMIEMMEEARRT 21--NUD. ae SEVMATUARST, URES, RRMA SEAWERES, METAS ‘etenasse. ° Joan Yao, S2#8!, LOT AReeRULA. TEAR ORSINTRODUCTION Tt18 WENA aOIReSCRR I INTRODUCTION "Join, R. (2008), “AHO; ih MARLORS AER, | HRA SEERMERHSDUES (Sol ‘Contre for Social Entropronourship) 1ARSER NA ARCA AONDSEA ATES 2000 &F ~2014 STFRIRRST, BURY, “ARSON “RD” aN AEE. RACES TAREE TENE, RECS EET. ASRESIL TEAM ONRA UNCER HOOT ZAMTE ARCEMIS HE, MID RDI NADATONE UMAR ARR OLIEATAD AMMO FAAS, REA, ARMOR MES MRSROMN, PARAL, MONAHAN IHO, SIMA ES APONERS SONAR, AON ORMTT RATHER, ‘SiNTkbLoy eons sennsSIERORT ION MEER SEITEN TANRCORRNARCIO Dee (EVPA) RARE lwI WON AONE £505, ATENGOAONLIORTLUARUSIDESE SHORT. AGEN, COMAMEME ET AMO A EATEN: NALA (ARISEN, ‘SORRUSOR, GENMEROROUENS RUS, UNUM) WEE, Ho FUAEOMARCEM, BORUIRIARID, TAROUSON. Hammes —RAeE ROUEN, TRE 251 BOSONS, ROO AR RRNA Fik, ANRURETTALILAR, EGE, RIKETRETRN. RID IRA7SOURALTT ICONS SA OL ARHRMRIRERTUO RNR ETEENO ACNE T UERLOLRE SORA) RIDIN RUEMRAN; ARTRLACNEND (ADARTRIOIR SSRN) ; GAA FASANO TARTS NORIO, ANAL MCHIRD), IIR TEAVAOERRRNE. SIAR, CURATION 1.2 CHORNFRABE ABO DUS OMEN T API F ARRAS RATS NLABSS, HBROIIET AL RINT. REAR, tKASEOD IER, AHF POMPE RNA ERHRL OO 1, T/C hebetatOlAR RDI 1900 SFYtehNH ASSERT, M2002 “FALE ARE AEE, TO EVER AH . MSDMON STAIR ( Glh 1901 AEZERRTEIEY Impact Partners ( #9 Dasra), 2009 £F7=.E 9B OLA SLY (Non-Profit incubator) . 2002 #F 8st Social Ventures Australia) FER:, “AASOIEEIRARIESE, TUAVARMOUIRONHE (AEN) 2011 RTT, EARL —AEMIEIET HE 120 BR. #2014 9), TAVAROLO RMA 160 SiR 25 “NERO 160 SERRE, FSH 30 SiRERAA ROHNER TEAR ORSUWiaRseNesEEN 19 1.2.1 eeeeANE RFU, HAILED, RUE LATE AM CLOTS, AHRENS (EVPA) Rawr UTE ABUL ERUEMEANN SER, TEMG ARMERICA ITEMS ISES, SAMAR. THERATSRMNI, HACUMAAMREINRDNIATRLL, RED SERA E RIOR RM. ARAMIRTSRTTIAIEM, AAMRRMEM FIR. Minamoto OSE, eK: BRE, QUOESTTIOLAROMER ARERR, MDMAA) RISUIOTTS RIGSL. LAR OUIRATTTHER AN RNERIRAREE, VA ROLRAINSEIBIIVARS ERRMAKRDT, FINTHE 10-157, ARNDALE CREE ORME RSY FeRAM LTH. MBSR: EMER, ARORA RTA —TERSER TOBARE. QOTRAIDERTRNORARY, THEM RRO ATEL SE, Se ARSOlRRa NRO RHOUEED ( AATTRRIG—HREDHIIRL et), —BMIRATERER, 3 aR (ATER SMRSEREUSIAL SHE ) RNBUE: AOR a DO MIMERIRN AMAIA. RINNE) IST, & HM AROE TSM. AMOLAIMOO ERS ERRNNEI, ALMNROTL MeLOaRAR. PUSISUS: RT USTs, AUOIMASRIECINAMSS, BIRARINE mA, CURSES Ome. RARE: AUORAXTTRMAAM SRNR CRAMME, TAA 2 77REL. (OUR EUAR Die RATERS RR AH AR DAT SACI EHE SHEE: CUORAALATATO, CASTE TERIOR, Sew POS. APS TOARIRRATRRIEREE *TEVPAMR&C, RE Shaorpa th Plotor Oostianser ABT RBH ADSI & (CAF Verturesome) 8 John Kingston is75ae, aH, AVEN RECORTE HE. TNAR ORS20 TNAsONeStR INTRODUCTION FEERT AMON. BRUREBESRR fmarame eed Gs FERRE MOTELS i eat (cireerameumun ais Biggie, asazmemen “eae i Sremecsmeane anmeaie it Sonne ma) aoas-sncms aT sense anes ee ed Mdiapanaanmuiecesnarsrice eexs acaes FE eve Cesta) AONE — RRR, MIRNA, sPeMINAA, aeRO. F EGRT ATHERTON. Ciaran “eRUNSE ab OCEFIE ‘Pata (DIRS (OASRARER, ONWARD UALAL ARANDA ARLHS). RHEE eee AMR. wae, THrBEontat (Socal Purpose Organization ). HISR-F MNRAS BeaoM Se, AURIS MLB AAA NS OS ESSUWiereseNsesRE 21 AUROTABRSMSA, HURSLEALUSE MMMM IER, BH EEA RRAT TOM. HAI (SITANUINIO) STRAINS, (ORE AlDISRADAIAR, LATINA NUN OS ROANE. REMIT E TTT ONSEN, RERESTRAR TE HEUS LEMORO ENE, DERM, ACE, AALAND SORMAR IMAL SMANIOlS, REET RSE DRI, AROS TRAM, ERR OMAREIE. UT ARIRINIDA SHRRNTRABEAOTA SANE) (2.5.1) . PAHKAD, MOVIE -RALIRERERMRMARARRe RATER NERA. ARICA TEN, MONARO SINR BASIL VAMOURINeE. SSMU TRAM (824115) TROY (8025.1) Busse (M367) PAOLA. TORMENT RAILS AED 12.2 BESER “AHCI18" PANES TSILLEME! 1000 ROEM, ERAT 1900 EHR RE FHACRORK, HR TNTRTATES SME RAIERORE. He Lots, Ryan kl Grossman’ RARESH)—FAA0# (ISURLITIC) KAREN DRIES, RET ASSRPMARAN HAA TN SEO OLLT HSS REAPER. Porter #1 Kramer! IRLSRALT SRA PPRROUSIRACOUNEL, (SATION ALARA PORADACMODN, FRE, NTSC TAI, ORES SRL, 2001 HSRRLR. MEE TA RRLUMMMURMAIERD, BF 2002 %, RENE RAHCHQIUG Impetus Trust Aer. EONAR, MUN PRUE SHORINRAS IMAI. WUVARSOINIDET 2004 meer, CRRERENAREONISIRE rR ‘ARDEWIMADH. Douglas Miler ERWAROLEMSMOME ARE, MEE 2011 ONE TIE NARONCIS A RSIS IRA MONSIZRUHRO. AREA TACO, GLEAMAGN SRT RMMREMST. CRRA AR URMILA RO MEIRRhANRIREREE CORRE RCRA RSH ‘Letts, C., Ryan, W. and Grossman, A. (1997) “RISE RESTUORRBRA PE Oo , agmaustie “Porter, ME, and Kramer, MR (7990) “AaeUaRLRAE: ONE @* , semeUTIC TNAR ORS22 — TNARONeStR INTRODUCTION "Metz Cummings, A. and Hehenberger, L.(2010) “stat 3: fu), OLIVE AAAS ‘NR EVPARIIRE (Knowledge Contor) BREEN ‘Maretich, M. and Bolton, M, 2010) “HAG: ARLES SR, EVPARRPORE x ARMERDUMIEN, SRAEASINAALEORAR Ns SATRNRAULS. UNROA LEONG SAME SDAA ERO, RCAUARINUTH EMSRS UNSC UH AEE ETN, AONUMA URIBE, aL Tam RIO SATB S Bi, SATII LS RATEI ER. M6), SURI AREF EISELE SR, ATHAMOMDENRTERHNS. RANT AMANO AMD, 7 HO OURMR ANT ACNE EMRE, TATA, F200 105, Re HAROLMARHT BHM AMAMONRALRIORRE " MERGE, —emea RA TEP AMOR ATASIAITAROR, RAE aAMREETT eevee (5, BMMSA RAMONE MDT HM. MOUTON SISTA ALSTON, DLCRUIRUACONK. RSA TAREH AL THE, CERES AMORE ETN, AMON RR TUE. AMOMARER GIS OLR, SERRA TRS $2 SA MRUATASEN ISU RIE. RECITES, RARE naa aeRO DEO ERE, SARA MME TAT) NIRS MMRDA MAE. HREM LAAT ARRAN WSR RUSTE, SMSMNAB IRR. Ras AMICI DHOMOREOUEOR, MLR IRN MRI eB soir. AUTRE EEAWARN ANE, RASRER RO, SOD AERIE ANEMIA AMAT. MARTA TERRIA ARAN ZOE PS. EN, SAAS T RAMA, AOR HEAT R HO. LOMAMRE, SRR, RPO RRATTTTS DT RACOUAL. (RUNS MODAN — ACW: MELEE, amon, RieeeIME FERSRRObD, SSRRP SEMIS, TASS e ROMINA RetUmO. TEAR ORSBAN es aD 1.2.3 cen ARONA TSE MULE AOMORI IEAM, REIMAN AME) RMSE TRE REM ESER, AMO RERMRARESMIS BOUARI ZAMHCD, HRSA, LLY ATLA ROHR, see HERMAN ARID, “RAIS GRO LRM PR HET, AMOUR DRIGSTL, ATA MOAEMER, RENTER eALARRESHER. NAOMNRETRE, ME ESA—SvIBRONNER. CRWARONAM AMAPOLRAT REV, H8RT—ARRIRARNYA ENR UN) SUL HEATITA. $EB SEREEAMCIRONIR, HEAL ARER UM AMOIRI LIRR NRH A. TWAMOLAS MR OEE, TSP TTNAMENREMRIS ub saAnme Inde see SRST EIR. AVORNRLSS TH MRE, FREMRNOUAOMOT SE, SHEE RUMOR. 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PRR Tama osm i ‘SOTERA HATES MOTTA IHIE Cth IRAE IA — NERD. ZROONNR, “AHOUONUUETTTIRUI REI eiREOIORS A SEIS. EGLIOE, TANSEY, DARE SRETRSMERS, SABRES RN. BG, ORGAN IVSKAGEEZES LATER. ANSI AMA) HOTS. TANNER, ALITY AD RHEE RLEN TERS. RULES SOR, AMOLRNTNMUATATEST ISHN, IMERMADASOBIAL. Thess, Hee SSA, BEAMS ISSIR TAVERN SAIL THOS ARE. AAT, —HeaaatNIRNT SHERRTLEDALMIONADERE, TEATS ARDR Re, ARRAS. TEAR ORSBN ee a 3.6.2 sWiteionAsiEa seater TARTS TAOWELMAILIA. CERT AROS RDS ee. ‘BARI PTHOLSAWVANEM AMAT, SRURETRRAEMNN em | PRANRONRIR— TRE. 1k REO AORUURERMRNLO SS. TEM, MeERiRRRREEts. | MELASIHEAL Seto ARO RRMA ESOR. MAAR, Beate | SAPS. Heme SI TSELLMUTNINSD. AMOI ABCOMUR, cme | SRRSt ot. Rei WALATEL SAVIN, PRE ARATE RRL. stat, @mvaraibetAtD RuntesERERM SERIE RAND. iO, MUSEO SSMMeREL FRR, RAO STM BEART IBMT: sasttL TSROMERMRARERNERES, aAmoNceTREMEAEMM. | EH. TARMRERIAMOM EEN ARe ESR. fea FEMreNeate HeRNRERCERCASEE. PAROMITA, BUMHA RIAN IORUNRE. IER, ATCRCAMS SRAM T, ARO MARITAR OCIA HOLY ASCOT E EADIE, NOSNAT, CREME SURO II STRICTO. AERA TR TONER, MR ARON UNOS SABRI O10, RAPER MOOAITASSL. DT MRESAMAITRL, OHRID REAR SERDAR RAIMA ROOT A RAO. HRI HS ama. CARUMAOTALAAO MARR T, BLATT IERe RARE RSE, AM, ROR PERO TRUSMTOIMRME, TR SRARAIRES ‘Sse RESSIRAIRUMOETHEE. CRIB UNBIRAOS EE, MALOU Irae RARER HERE, DERLEREAMMER. Oma RORRER ar REDREORE A TORR ROARS SERA. SENRERTORNEEMTAT, TNAR ORS66 TaN AaRONRSTERR THE INVESTMENT PROCESS SELDOM EMEC HO a ER. ROSES SOAS, RE MIAENS RAIN AVANCE ORDER LTOR STINE! PRASAD, ARMIES AMAR LIRR RETDADIE. AROMATASE ou tS SAORI. TEAR ORSTEWARONRSEEN 67 SESS 92 $C EZ tte? ‘RARER ROEM PANERA TARM, ORRRAHARITD ew RADIA (RR RAHA. © Batt ORR. ARAMIETT . BY VALSONRUHONIOM Social Investment Partners #7 Hiroshi Nonomiya SPAT. ‘EUSh, VAHEERAORIADSMENTAEE, ORASKEIE QREWTAD, Webs Dasra M—MAMOILAE Impact Partnors SHE. EEE Partners stadia WEBER, SHOTS, 1 GERMEMOMIORSARORE. © Dasra SikAREKABIKE A Doval Sanghavi “WS TRENMCR, IMMER TTL HASTA NANNY, EueBAa] PRR ARERRSS MOOR LOH, SITTERS RURRRENGRH ZINE? FRITEBME Unt Incl FMR “PRAAEUS HH GAIT URED, (RDA, BRR HRSA EERO RENO. © UnLtd India, Bombay HUB fl Journeys for Chango Rt # Oh ABR Pooja Warier TNAR ORS68 TARO ESRF INTRODUCTION TO THE LEGAL FRAMEWORK AND COUNTRY PROFILES INTRODUCTION TO THE LEGAL FRAMEWORK AND COUNTRY PROFILES eee al 2c ih TaN aRsON OEUWARSONeSEEN 69 ROMA EA RTN AROMA SHTLIN “EUATHRARM EN —OlBTEE— KARST ARAMINOR ANTE WHRSIBT, CMIET RAISER, ROOT PEROBAS TACO, AESHTEMAI Ve. HMIDERAOMSAE HATA wwwavpn. asialstataVPO fil | Fit. 1, ARNE TARORETRA AID, IARERASA AME. BUA, STRAT RRNA ARRAN, AON ON EERSTE, MILRFRUMARR, Bem AMULATRAMMARGKMNRELRE, AOR TMRT ARGO, FLEES WeDo ABR SE AHURA ALTER ROMERO RS ‘Sane SeRART Hee Ry ARTIS HOSS EYL HAL RIIREO Re) SES ONERSREN. AOR ORME) A CRRERO TED, CERT SKeMISERRS. CINAMIARAEEROM, URS SS8RHO SRILA. ROMGRTARARSA TERE 5 TREMOR, Reve SILA, RASA NOR. 2. SRURESRAN= TEED CAAT RACERERA, MIPS RANE EORHE: EEE, DTW AMOLRIS “TEM RAMCNO" OH. RUSE (=) THIRUAMEOOAS, PRM (ORM) SRABOMNMMHINEN, CIEE QHUNSHANUGRENERS. RAM (FRM) DIESE (RADE FR) PUSAMER, NTLAREED. =e SSRI RET AMIR SS ) IERIE SB), RCS RH) ORE, ANESTH. TNAR ORS70 — TeHNAaR ONIN INTRODUCTION TO THE LEGAL FRAMEWORK AND COUNTRY PROFILES RIE BRUREBESRR marae Per S2Ria mama/immneAS winll BODAt (SheeTamUmAL SILK ) Wav, a TEENA “a "PenRcaome@aRIN nas teste an E23 ~ APRIL ( HH) RSME Pe] Brom [Poor Reow ei e ‘SERRE (Sol pete Ces ra) Srgaicton) Sik sez BUEN DREAMERS ETT LAREN, PLEATS NAS ARMED SARs, CALEEIS TERE MUR RAMA. BRU ARO SUSAR EES RIA AMORA, AAI RMT SSRIUROLNET, IBAROMRITOREARIORE, MARGRUTREIEN RAT A OloMIe eA. YEE RMN AB ONUNE HAO MERE ITE AMNION (GINMIRRR, /SETSRIR 2), MUCRAWRRORR. AMOR ER MEMO SHA sR FOMUSOM, ATRMESHNCN, euReRORAAS, wm) meRACReRME. > ‘RORART SR AUIS TESTA, SERER OEE, Dak ERR IE. 3. S-RMSERRAR MAE SRE LARSRATIERTHSEOMER, CTARNTARRER, HEUTE LUSH (ORE). RPURRRMEREHOOTRRATERATE “pee” SR semana — TACiaNRMRReN, SRLTIRRERZ EMEA. ARH A EE RUIN TRA AS PIRSA sia84> NS OS ESSuwieseseusescees 71 FETT REO ROR, HLKMRRR TI SAMMERREMRSOSATA. ungeuean —raneieeme Bistsiesim sa st cer SS 2 ex den sm, 26 ages. Bn meee enw [ oR co peed Pe =e ar} Ed Eo] OE cis | eee BE ies was IES, F-MGK, HSDW (USOwe) TMS RM EeReNORe, URSIN FSRARMOMSARORM. RUE ERT, CTH AED, HIRAIE GERMAN PD / IRM RNE, LENIN T “ALARA DIST my ORE AeRApD" MER. 4, BI RMARMRMS RSS PASAT TPA. CHRO TRINA Ia, PORTAL RIRLA YER" RIDER. PMO MER TEM FIFRA MME AERTS RAT ROR, SS TEETHT MATION, = NMAMOARONNIOE, RAR OURILARNIRAD ATT ATCA, AMER, ERS MARS, ERE LAROMMOLERARMIA, WEA REOS, MRRRABIA, HARES RMASRUNLL AMATO REO A MOTHER RIES. TNAR ORS72 TEA aROIINSCR INTRODUCTION TO THE LEGAL FRAMEWORK AND COUNTRY PROFILES FEET = SUSE SAUER RAS AMUOS OR, S Hae ARONA AMT B Gea) (eens | Geese) oF ey ao00 | 200: eoa SEHR! (AESIE) B. (). “SARS RRaTHRIRES, uO UORE ARE. RTE fie MARI DET' a AAA are “AMOIREINE" . Glin, EDIE (19 Dasra ATIC) Asia Philanthropic Ventures TAVASeN AU. (2) PAROS RISRRIRUA TER. RN RCTIRIGTE “ANOLE” at “a MORAGA, CHER MRA. (@). Tne NRCS IRR eR, HLTATRS OKA atom ESRI ‘QRES AMARC RAM AROMAS OR HOLMRRRUSAR JSR, RISRINARONS "RR" IALSRAZIN—NemIERIET, AReNREUD ABYSS NHI ROMER RIN RETECH 5. SPRITE SRAWRS RAT RT AD ORME SHIRE, REAR ENNIS RAEWATE, ATURE RRTRD. RoRERseT NED —TAwe) TEAR ORSUWRseNeSEEIN 73 em. REAM TRANS IMOEAIR ARI, REMIT FRAT, COREL, RROM EMOTE OAD REAONEIIIR. 10RFTR pC ALSEAEALINDROTINIRSIESS SCAN), DARA. (1, OPERA UTERINE RRO ARNOR TAT URN, ARIE (TEASED , (URE OITA APR. EMM, GRTRATAT FEEL ENS ERR, SEM MEATO AMHUOHREA OORT. oT AURAALIONADARONG, REABELIE (the Otfice of the Commissioner for Charties ) A#RS7511-27SRRRDAE USA TASS RABID. TEDIOLE, REVKRORRSMRAT ETNA, ARRERARNOPINAT FAR, FABRE OUTTA. HFLORMTRATLS ORLA RACER, FURR, SRE COLE, RARCRMELINE HY, BRIBHRO RATAN (FIC RERADERA) . REAMURAATUANOHRARARONE, BIBER SUAMMEZ. Soh, AT EAAMSIRIMOM ST STMAMEETS, EFLARRARSREMsMDS AERTS ARH, MSR PRO ANS PMR MI ON ANE CAL AURSD TEDIRiiy, Joh. SSQKESAMAMLUMEMIORRION, ASRBMORMERABAS. RQ ALARA. EERE (TEE ITPCOMNE ) DASHBATTRORAMAT, LEAT, RAO. MOMS AAT OCS S LOATH. BRTRUMARSAORMOET AGNAIAOURATA RAT, LTE MER. ASAIO TSS, “RRS TREE, Re SHTAOLSAOWON, AM, SE RLSSOMARERRSROR STAR ‘SAAN (HAR). S—TAMSR RAR MEER (RER—TRAAOR Busey )OERERTTELEAMURARLA Re, Ble, FA) SEIUSOMREEZTHES TA. NFRIBAMOION FER BL, eR IERIR, (—) fpRATTINeae TNAR ORS74 Te aRONIRSC RA INTRODUCTION TO THE LEGAL FRAMEWORK AND COUNTRY PROFILES SUSI RAMOS, SSALOB— RHR: (—) MbeIATIRA VOPR, SST RADE. STRARETEL, Re UEDRORS, ROIRAMCIMER “Ral” AMERY, RIAA wa ‘ASIST FG ELRe ta. 2 EDEL, AMAIA RATA: AMER, Hae, ReDsEOuMD. BEKO, USERRA, MHRSETER, GETRML SAMMI 33, RE TERIAL, MERIT, HORI AMIO RMR, REMA, HENSRTOLUCUSOMORAR ARAMA, Hoh, NFR AMERRE, SMERINSe RI. (RR OMRIS—, POIRIER ISMAOAIRNIRA keh, BUNIRHE SAARITRA, BURL TIN, SETA RMIRMLIRRANR, RIERA TAR OLM, STIR, NFER RAMON TERA" Ri) IR, RARER EEE, RSIRSRISRINTANRRMUOTTCMRERRR, BIH, Ae POSEN SE OME BANOO NAIM, tate ‘SHLAA AILLAR ARCO HSA I, PASI IOS AORN ea AOE, ae FOAMS Rese: (—) PERE; (=) He (RRR) | (= HSS (WHR) . SAMIR, REMC T AORN. Ai, KEATON RRRR, OAECRRARAR RRM SRS, REP RLEBATTLEATOMIRARIR, PLAIEETRISUOPRDELLASEA RYE) (GELREHIATR SS, EU AREA) (AGRE, NOSKRSSTLLTROM, MEReeree SHRMCRORE, mAEOHZER. SRORAMOMINUO TER" RADOOTIENIS®, Bb, EARNER SRNR, TERA ESRI RELA EAONIRER. tS, ROEM, CE ABR) (eSATA SISRIRORE SAREE TRIOS th, PLEORAMSIRIIS HRA SAMEORMRSHA ERS RLUARIRS) 8 AEM, BTHA, ARON NERO TEAR ORSUWRseNeSREN 75 ae SOOM, AMOUNTS, (ROR TOMLINMNULMLSETOGE. Alc, ARENWETLU SRROMATT TOAD ARRAS, BAeSTLRURINSt. TNE, EI, ARI CASTE (201) PAR, SALAMA, SARIN OS AGRHAOT) OROBRRAS (LESUORRRS ) ES. AB eR eetKiOREStEE. 2, RAUSUTAEMOIRS. Ltn, EMRE AR AREREO RIERA. ER FELL, AMERICANS “AOS” RAE. HRI CHG BRAD HIS, = BEA GUAMARRRSRE LAA TILA, LAAT AMRIT AHO ARORA, OLERAROAR EME, (BNE. 6. RRR ( TE) EN PHORMLRPTLA POF HST REL, OARS AH. EOI. BAK, SMO. AVENARIE ABTALURIAN SRD AAAIM, BITES, eC TATE TMA LEER. MTU LIEROHEMRITAE, 5 AVPN RHO CEU TRNSH APURRR ARN HE HRI Se NMEHERRS— MARIOS, FTRIEMRIRIARTITIECIAEE, BML, MART. “A846) LEMMA, REASRSRARITIE, BM, ERD. RSEILLE wwwaavpnasialstart Aza. 7 srg — tone TNAR ORS76 THNARON ESET INTRODUCTION TO THE LEGAL FRAMEWORK AND COUNTRY PROFILES: a eal oman] ae sre? % | Camm] att wa| =wee| aes SARAH s — BAR “C™ 3 3 8 4 B/D 6 — SE RIK *SE™ nal 4 na Saeaunes- cus “| "1 3 2 3 e ane - eae" ae na 3 [nal 2 2 7 aos - EA ae | 8 3 3 8 AROHRNA — AT SR 3 3 2 2 SShORIRC MANURE RMS, LEMME, BumetiLTTS 75, FB (Hee, ASE IS IRR ETIEA PUR CUTRUTEEE Elaine Tan SBIR, ses apemminee. CARTONS Blaine $2012 8 AMARA, WRAY TSAR. TELZ A ATMA SOLARIS (the Charities Aid Fi 12S4ch, Elaine PRR FHLMIRAEND, 2S eT IREL ABHIRRARID. dati RFRUR GAAS @ HDUREEERY (BF! @ SMU) & SMU = SORA PRR ARRAN ORR BOTS A POLAR, PM RROWSS TC, SAM, ene AULAODR. SNMMRETTE PRAMAS ARIEL, OS HE AMS RBSE OURAN SURAT HL. AREF SION, LRM BAD. ‘SStLRHIES, HIRAI, ES GUM httpilbfismuedusg! TEAR ORSSEWARSONRSEEN 77 SOURCES Asian Venture Philanthropy Network (2010), http:/avpnasia/indexshtm (Accessed October 2010). Balanced Scorecaré (2010), www balancedscorecard.org (Accessed October 2010) Blended Value (2010, http//olendedvalue org (Accessed October 2010), Emerson, K. Freundlich, and Fruchterman, 2007), "Nothing Ventured, Nothing Gained: addressing ‘the citical gags in rk taking captal for social enterprise, Skall Centre for Socal Entrepreneurship, Said Business School, University of Oxford European Foundation Centre (2010), http//wnww.ec be/Newsknowledge/Pages/ FoundationsiaTne€U/Whatsafoundation aspx (Accessed October 2010). 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May 6th 2013, presentation prepare for an EVPA webinar “A Road Map for Measuring & Managing Impact ‘The Asian Ventuee Philanthropy Network, htp//www.avpn asa faeessed Mareh 2026) ‘The Global Impact Investing Network, htp//wwrwshegin.org/eghbin/iowa/home/index html (accessed Morch 2014), Legal Framework County Profiles: Cord chance ~ Cina, Hong Kong SAR and Japan Drew & Napier - Singapore Nishith Desi Associates India Contributor: Elaine Tan, Director atthe Business Fails Institute @ Singapore Management Univesity. Venture philanthropy practitioner interviews: Ito, Ken- Advisor to Secil Investment Partners and AVPN, senior researcher Keio Unversity Laxman, Arathi -CEO of Socal Venture Partners naa Lee, En Co-Head Asia Paci cof (GT Venture Philanthropy LU, Ding- Vice President of NPI - Non-Pro t Incubator Ne, Francis - Founder and CEO of Social Ventures Hon Kong "Nanomia, Hoshi Chairman of Soil Investment Partners Papp, Raya -Co Head Asa Paci cof UST Venture Philanthropy Sl, Grace -Co founder and CEO of The Hub Singapore, head of Singapore TONIC Sanghaw,Deval- Parner and Co-founder of Basra shan, Vidya ~ CEO of Edelgve Foundation Shiraishi, Tomoya - CEO of Socal Investment Partners Wari, Pooja - Co-founder and Director of Unt india, Bombay HUB and Journey for Change a0, Joan Investment Manager, SEA of LGT Venture Philanthropy TEAR ORSBAN es a GLOSSARY SiH abit aia aRne Gi REE 1002 ESM JEANS BEM USI REAR ALLERTON, iE Robert Kaplan, LIS David Norton BLINIOSERLEADHNE. IPAM ADNNS SAME. HELEN. MaeIeRMONIS RZ OOPS HRM “RES AUR" , ARR eR SRR Sm "Pe" MWA, Eee L BSA MEER SAME SHBRERIIROAUES, RATA SIeARNNPELEE SS. RIB; wiew balancedscorecard omg Now Proft SMF, 55 Kaplan RE ESRMTS KER RAT Ab, MATS “AteReun hy" MeBEAN BSESES. wweneworoitcorn FRONT SURNAM, IRIE PRA PSE. mame ARIERIBCLILA Jod Emerson HM, RANARREMRS, ROE REE, OME. HAHA SRI — mame (Rice RESTA BRe) ENE At ER SHINER. HARD ARRANGE MI, Mike ORAS TELLS, Divert mena 3: htp:fblendedvalve org senna ARR IWATE, (MCR AstMIEEA BREN Bia ( tweanstmIa) CARES, CARS BSSST RUSH. SAUSIO lw, Ca AMOnRIIIRTe, BH bys (SunOS A) 7 HEBER SSID. Bene SAUNT, REET ER SSAA REO UII RT— aoe, mE DSR Teese SRS TRAE. RET UII BROBSAE. AHORESEROR ST RMR PRMME RSC L fh “mR” SRR (a “RRR ) FONT OLEVAENS OW, HNL ARRAS RSMAS a, MRR FARE, NOR ATSeES, KARAT. SHARES, SHB ROLLER IAHR RE (HERMRRAS) ARAMIARIRTIS, RIUERIO—B ORAL, BRERA SOIR, RUURENOAACLAD. mI QAR, TMAKMOREA. A B. RE, HUORAIIREA. ammlis RUNS CULES RMTALAO ae 8. AapaMEMRS ORAS M9 (AIROEERRIEW ORLA A ) fei QEReSNUEOSEE LS. ia RAL ORI UUM S ROMER IR ioe, Rum ATER TRAE PARIR, ARAMA, IIE FAMOIUDR ESOS TNR a TIRE (MUASSOTHTIRNE) . IRL NARA TTMCTAS, OUR SULEDERMSEREUNN. meme LSMLNUSTBAH RRS AE EERIE RRS INSEE A REIT ISIE, WRBMETTE, CORRETNNRSRE, EROS TAMAR. ues ABBSASIAT WA ERED. *NO@ERRaRE, BOREAS ANCA, SEMSAMMENTIA, be TNAR ORS80 EHAAR ONIN GLOSSARY NiO (RR RT, BURR, HER, BAR SHOE AD —ERD. HATS Tol, SAORI, SER SRBALAIAT RL. ABIES AIEEOT CAMO, HeSRE PRADA RISEN sESRIER. i httou/wwww.ofe.beiNowsKnowiedge/ Pages/FoundationsinTheEUs \Whatsafoundation aspx ue Ruski AOE EAHA, BATA. saree Lan E ORR. Of MERON ERD, HE RE RAATRUMONORTTTR. BE SERS HARON MA , RENEE HELTER RE. OF KISMET ARB RIRAD, (ORISA READIN. BRA RACE, AME, MARES, ASHs, MERE VuERRERS BRANL, HEMEL AMOR 26, G20, ARACOREED ES. areswmm BSS SWRI), 4 Lotis Ryan FM SOMERS: EIT RES MLURM TOMAR, FOR GTAE LANE eTTTB, He ARRIHIAMRR, we RAMEN. 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TEAR ORSTEWARONRSEEN 83 “atfoNRHUIS (VPO) AVaxz8 01880048 (VPO) BIBLE) sR pea WIN REE) HASHUAOVANENAS, He TNAR ORS84 TN ARONESRR AA avon ‘Aslan Venture Philanthropy Netweork 33a Circular Rood Singapore 049389 wy Baiig Pivare Equity AS CVC 3840.00 |s00978-981-08-0025-8 olress | | ‘The Asian Venture Philanthropy Network (AVPN) is building a vibrant and high impact venture philanthropy community across the Asia Paci ¢ region, AVPN has more than 4 0 members from 27, countries and has Member Directory an listing of Events at wuww.avon asia We promote venture philanthropy inthe broader philanthropic and socal investment communities and provide speci cnetworking and learning services to meet the needs of our members. |AVPN isa non pro t organisation based in Singapore with membership across the Asian region. We are supported by grant funding, sponsors and partner organisations. We are building a ross sector network bringing together organisations and incviduals fram nance, business andthe social sector. Our ‘members include venture philanthropy organisations (practicing members) and assocates that being leront networks, expertise and experience Associate Members include private equity managers, private banks, wealth managers, other nancial services organisations, professional service rms, family businesses, corporations through their CSR sctiities, foundations universities and government related enti, \We are the hub fr news and events focused on venture philanthropy to develop shared learning and best, practices. Soon through our new Knowledge Centre we will develop practitioner oriented resources to help scale the practice of venture philanthropy across Asa ease vis won pn asa to learn more and contact us at nf [at] avpn.asia if you have speci c enquiries ‘We encourage you to engage with us and support ou eld building activities through sponsorship, grants, onations or joining as & member or partner organisation. Download the "Getting Started in Venture Pitarthropy in Asa guide and legal framework country pr ls from wnww.avpnasi/stanVPO TEAR ORSCEU S eb apo) ST ae omc BEE ate See ML SR ae ete tN FRE Ree. a TRE Ore cota) MSc Veto Oe arse Pood We rene ee ore Pe ea eran ee Be OR ect ae yee or) LCE Euan