Page 82 - Social Enterprise A New Business Paradigm for Thailand

2.6 Estimating Charitable Giving from Donor-Side Data
The previously mentioned survey data reflect donations received by organizations. However,

when estimated from the donor side, specifically household giving, data from the Household
Socio-Economic Survey show that over the past decade, Thai households have consistently spent
over 6 billion baht per year on charitable donations. In 2023, household donations totaled
4
approximately 6.04 billion baht . If we also include contributions made for religious and
ceremonial events such as funerals, ordinations, and weddings, forms of reciprocal giving, the
5
amount is nearly ten times higher than charitable donations. Based on household expenditure
calculations, charitable giving totaled around 6 billion baht, while contributions related to

funerals and ordinations reached nearly 60 billion baht (see Table 2.5).

Table 2.5 Estimated Size of Social Funding from Various Sources
Estimated Value of 2% of Net Household Household
Year Profit from Publicly Listed Charitable Religious/Ceremonial
Companies Donations Contributions
2015 13,940 6,653 67,739
2017 18,898 6,926 67,809
2019 17,603 6,033 68,236
2021 19,714 5,157 66,627
2023 18,321 6,035 57,002
Unit: Million Baht
Source: Project on Designing a Management System for Promoting Research and Innovation to Develop Social
Enterprises (SE)

To estimate the potential funding that could support social enterprises or be donated to the Social
Enterprise Promotion Fund by the private sector, the projection can be divided into two parts.
The first part involves estimating the amount that could potentially come from juristic persons,
specifically, companies listed on the Stock Exchange of Thailand. These companies may contribute
to social enterprises or donate to the Social Enterprise Promotion Fund at a rate of up to 2% of

their net profits, in order to qualify for corporate income tax deductions. According to data from
the Stock Exchange of Thailand on the net profits of listed companies, this potential contribution

4 Based on the expenditure category “Section K: Non-consumption expenditures,” item 4: “Donations/purchases of
goods for organizations and foundations” (item code EG115 in the Household Socio-Economic Survey data
conducted by the National Statistical Office).
5 Based on the expenditure category “Section K: Non-consumption expenditures,” item 5: “Religious
contributions/monetary support for social events (e.g., ordination ceremonies, weddings, gifts, etc.)” (item code
EG116 in the Household Socio-Economic Survey data conducted by the National Statistical Office). This portion of
spending is not counted as public charitable donations because the giver expects to receive reciprocal
contributions of a similar nature. For example, if one contributes to a New Year’s party, wedding, or ordination
ceremony for another family, it is expected that their own family will receive similar contributions in return when
hosting such events in the future.
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