Philanthropies

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Samuel Yin
Source: Commonwealth

Samuel Yin

Just a day earlier Yin had called a news conference to announce a NT$3 billion endowment to establish the Tang Prize Foundation, which will henceforth organize, administer and award “Asian Nobel-type Prizes.” Yin donated an additional US$4 million to the Ministry of Culture to promote Taiwanese culture abroad through the “Taiwan Cultural Spotlight” program. Yin, who has publicly pledged to donate 95 percent of his assets to charity, has in recent years become Taiwan’s most prolific entrepreneur-cum-philanthropist.