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Credit Suisse Philanthropists Forum November 16, 2012 New Day Asia

Credit Suisse Philanthropists Forum November 16, 2012 New Day Asia

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Page 1: Credit Suisse Philanthropists Forum November 16, 2012 New Day Asia

Credit Suisse Philanthropists ForumNovember 16, 2012

New Day Asia

Page 2: Credit Suisse Philanthropists Forum November 16, 2012 New Day Asia

Inspiration of New DayObserved the human tragedy of trafficking and the sex

industry in AsiaFocus on addressing a specific area

Active as well as passive engagementCreate a tool for others to get more involvedBreak through the paralysisKnow exactly where and how funds are spentLearn more about the issues affecting societyExperience first hand in order to convey insights to others

Filling the gapSupport small, grass roots programs that may struggle to be

fundedGiving back in Asia

Mechanism to actively contribute to the society that gives them so much

Page 3: Credit Suisse Philanthropists Forum November 16, 2012 New Day Asia

Structure: Keeping it Simple

Donor circle Monthly direct debit / low entry point

(affordable giving)High membership retentionBudget forecasts

Corporate and foundation partnerships100% volunteer basedZero overheadZero “fundraising”

Page 4: Credit Suisse Philanthropists Forum November 16, 2012 New Day Asia

How are we doing?Current membership

> 80 members - consistent growth since inceptionAnnual income of USD70k from membersSupplemented by corporate co-funding of USD25k

(Linklaters / Norton Rose)Funding

USD343,000 disbursed to 15 charities in China, India, Nepal, Cambodia, Vietnam, Lao and Hong Kong since founding

SizeAverage project funding of USD10k – 20k

Current focusCreating long term impact by repeat funding for 4-5

projects

Page 5: Credit Suisse Philanthropists Forum November 16, 2012 New Day Asia

Seng Home, China

Introduced by member

3 grants to dateSignificant challengesMeaningful

engagementImpact:

core needs providedfunding securitymore girls with more

opportunities

Page 6: Credit Suisse Philanthropists Forum November 16, 2012 New Day Asia

What we have learntFlexibility is key

Be an impactful early donor

Determine boundaries of influence

Balance growth with realities of volunteer model

Page 7: Credit Suisse Philanthropists Forum November 16, 2012 New Day Asia

Successes of our ModelSimplicity Build

relationshipsTool for others Outsourced CSRShowcase for

charitiesCharity drivenSite visitsChanging our

lives

Page 8: Credit Suisse Philanthropists Forum November 16, 2012 New Day Asia

Thank you!