The China Global Philanthropy Institute(CGPI) was proposed and established by 5 prominent Chinese and American philanthropists: Bill Gates, Ray Dalio, NiuGensheng, He Qiaonv, and Ye Qingjun. The institute s first chairman of the board is Ma Weihua, former President and CEO of China Merchants Bank. Wang Zhenyao, Dean of the Beijing Normal University China Philanthropy Research Institute, is the institute s first president. CGPI is dedicated to advancing philanthropy in China and throughout the world by improving the professional standards of philanthropic education, strengthening international dialogue and cooperation, and promoting innovative reforms in global philanthropy.