In March 2013, Chen Yidan founded the Chen Yidan Charity Foundation after stepping down from his role as CAO of Tencent. In 2015, Yidan donated RMB20 million to support the college's library construction and reading material purchases.
The Yidan Prize In May 2016, Chen founded the
Yidan Prize, funded by an independent trust of HK $2.5 billion (US$320 million). The award was established to recognize innovators and those who had made contributions to education. The Prize included two annual awards, the Yidan Prize for Education Development and the Yidan Prize for Education Research. In 2016, he appeared on the China Charity Ranking List as well. In June 2017, he was named one of China's top philanthropists by
Forbes. == References ==