The Future Forum
Hillhouse supports the Future Forum, a non-profit organization founded by influential leaders in the Internet, investment, science and education sectors. The forum aims to increase public understanding of scientific methods and encourage discussions about how science will impact society and individuals in the future. Lei Zhang currently serves as the President of the Future Forum.
Hillhouse Gifts RMB 300 Million to Renmin University
In January of 2017, Hillhouse gave RMB 300 million to establish the Renmin University Hillhouse Academy Education Development Fund. The fund supports Renmin University’s efforts to develop its global competitiveness, helps its students become innovative global citizens, and offers long-term financial support to its newly-established innovative interdisciplinary departments.
Vocational Education for Students in Need
Hillhouse believes that everyone in society should have the opportunity to succeed. The firm provides long-term financial support to the BN Vocational School, the first free non-profit vocational school in China, and helped found the Zhengzhou BN Hillhouse Vocational School in Henan Province. Students come from underprivileged families, and are mostly the children of migrant workers who are employed in cities. The three-year educational program at BN is offered completely free of charge.
$1 Million a Year in Science Awards
Hillhouse believes that innovation can fundamentally improve people’s lives, and that science is central to promoting innovation. To support innovation in society, the firm supports The Future Science Prize Program, which awards three prizes including “The Life Science Prize,” “The Physical Prize” and “The Mathematics and Computer Science Prize” for Chinese entrepreneurs and scientists. Every year, $1 million is awarded to each prize category towards research in the respective field.
The BN Education Conference
Hillhouse is deeply committed to supporting innovation in education. As part of these efforts, the firm supports a wide range of vocational school students through its backing of the BN Education Conference, an event first organized by the BN Vocational School in 2014. The conference promotes innovative reforms in vocational education and teaching, and fosters exchanges among vocational education professionals.
Hillhouse helped fund the creation of the BN Vocational School in 2005, the first free non-profit vocational school in China.
Founding the Hillhouse Academy at Renmin University
The Hillhouse Academy is dedicated to cultivating future entrepreneurs and leaders with interdisciplinary talents. It provides outstanding students with an expansive, individualized growth platform that is complementary to the classroom experience. To date, the Academy has helped the educational development of thousands of talented individuals, many of whom now study or work at internationally renowned universities, leading companies, financial institutions and government agencies.
The 107 Scholarship at Zhumadian Senior High School in Henan
The 107 Scholarship is the first program of its type in Zhumadian, Henan. It is funded by alumni, including Lei Zhang, and was founded by the school’s alumni association. It is awarded to outstanding graduating high school seniors to encourage and support their future educational endeavors.
Nearly $9 Million Gifted to the Yale School of Management
In 2010, Hillhouse donated nearly $9 million to Yale University to support the construction of the Yale School of Management’s new campus, as well as scholarships and funds that support educational activities that foster exchanges between Yale and China. Hillhouse founder Lei Zhang is a Yale University alum.
Additional Hillhouse Giving
Hillhouse has also given back to society across a wide range of activities around the world in the areas of cross-cultural exchanges, the arts, education, social innovation and animal welfare. Some of the organizations that Hillhouse supports include:
- Our Hong Kong Foundation
- Hong Kong Paws Foundation
- Yale NUS College in Singapore
- MIT Fund for the future of Science
- The Hong Kong Ballet