The magazine cited Dr. Tan for the Tan Yan Kee Foundation. It noted that he is a “longstanding supporter of teacher training, medical missions, the country’s first Chinese library and housing for the poor”, and since 2005 has been providing freshwater basins in North Luzon to improve water quality. It also noted that he sent 700,000 bottles of water to tsunami-hit Japan.
Now on its fourth year, the Magazine’s Heroes of Philanthropy chooses four per country annually. To quote from Forbes Asia,
“We pick 48 givers, 4 from each of 12 countries. Some are big tycoons, even billionaires, who have a large vision of how best to help society and have donated millions of dollars to back up that vision. Others are little-known citizens who are extremely generous with their limited funds. Our goal is not to rank the biggest givers by dollar amounts or percentage of assets--those figures would be impossible to collect. Instead, the aim is to call attention to a mix of notable people and causes throughout the region—and to encourage more giving…”.
Aside from Dr. Tan, other philanthropists named by the financial magazine were RFM President and Chief Executive Jose Concepcion, Planters Development Bank Chairman and Chief Executive Jesus Tambunting, and Zuellig Group of Companies founder Stephen Zuellig.