The ADM Capital Foundation (ADMCF) is an impact-driven philanthropic foundation established in 2006 by investment manager ADM Capital. It works to address environmental and social challenges across Asia. It is a 501(c) (3) organization in the USA and has been granted tax exempt status under Section 88 of the Hong Kong Government Inland Revenue Ordinance.[1][2]
| Founded | 2006 |
|---|---|
| Focus | marine ecology, water security, air quality, wildlife trade, forestry conservation finance, children at risk |
| Location |
|
Area served | Asia |
Key people |
|
| Website | admcf |
Background
editHistory
editIn 2006, ADM Capital was approached by M’Lop Tapang, a Cambodian organization working with children, to help secure funding for a permanent day centre. This became a first project for the foundation, which purchased land in Sihanoukville and built the day centre for M'Lop Tapang. This was also established to help poverty challenged children access health care and school. Other impact-driven environmental programs followed. Climate and biodiversity are umbrella themes for AMCF.[3]
Focus Areas
editADMCF responds to the environmental challenges stemming from two decades of Asian growth and works towards solutions across key areas:
- marine ecology
- water security
- air quality
- wildlife crime
- finance for nature
ADMCF has a legacy program that works with children at risk.[3][1]
The Approach
editADMCF initiates and incubates initiatives to fill gaps where challenges are not being addressed or a new approach to solutions is needed. It serves as a convener of organizations that have a common agenda within the key program areas. The team also helps organizations strengthen their organizational capacity and expand their networks. It promotes alliances among not-for-profits, universities and government to make sure funding is used appropriately and to minimise waste. All of ADMCF's work is underpinned by research and data to identify challenges and come up with solutions. ADMCF aggregates funding looking to make strategic philanthropic investment.[4][5]
Initiatives
edit- Aarambh India, an initiative the works on sexual offenses against children in India.[6]
- China Water Risk, an initiative that addresses business and environmental risks around China's water issues.[7]
- Support HK, Hong Kong's first environmental petition platform[8]
- Choose Right Today, an initiative that works on sustainable seafood in Hong Kong[9]
- Redress, an environmental NGO working to reduce waste in the fashion industry[10]
- Hong Kong Wildlife Trade Working Group, a group of international and local NGOs, as well as experts that works against wildlife trafficking [11]
- Eat Without Waste, confronting Hong Kong's takeout container waste challenge
Tropical Landscapes Finance Facility
editADMCF is a partner with ADM Capital, UN Environment, ICRAF and BNP Paribas in creating the Tropical Landscapes Finance Facility for Indonesia.[12] The Tropical Landscapes Finance Facility is a loan fund and a grant fund that aims to support projects and companies in Indonesia that stimulate green growth and rural jobs. It won the 2018 Triple A Asset Award in the category of "Sustainable Finance."[13]
References
edit- ^ a b "About". Admcf.org. Retrieved 3 February 2019.
- ^ "Stocks". Bloomberg.com. Retrieved 3 February 2019.
- ^ a b "ADM Capital Foundation - Hong Kong case studies - Coutts Million Dollar Donors Report". Philanthropy.coutts.com. Retrieved 3 February 2019.
- ^ "Our Approach to Philanthropy". Admcf.org. Archived from the original on 4 February 2019. Retrieved 3 February 2019.
- ^ "100 Water Heroes: Lisa Genasci". Mina Guli. Retrieved 3 February 2019.
- ^ "Aarambh India". Aarambh India. Retrieved 3 February 2019.
- ^ "Home". China Water Risk. Retrieved 3 February 2019.
- ^ "撐香港 - 環保 - 聯署 - Environmental Change - Petition". Supporthk.org. Retrieved 3 February 2019.
- ^ "Sustainable Seafood in Hong Kong". Sustainable Seafood in Hong Kong. Retrieved 3 February 2019.
- ^ "Redress". Redress. Retrieved 3 February 2019.
- ^ Giles, Oliver (13 December 2018). "These Activists Are Fighting To Stop Illegal Wildlife Trafficking In Hong Kong". Hong Kong Tatler. Retrieved 3 February 2019.
- ^ "Tropical Landscapes Finance Facility". Admcapital.com. Retrieved 3 February 2019.
- ^ "Sustainable finance: Green and social bonds among top deals in 2018". Esg.theasset.com. Retrieved 3 February 2019.