India’s golden age of philanthropy is within reach
2 years, 4 months ago

India’s golden age of philanthropy is within reach

Live Mint  

I returned to India after business school in the late 1990s. India’s rich giving history: Philanthropy has long been embedded in the fabric of Indian society and contributed heavily to the creation of modern-day India. They also established a norm that was propagated through society, much like Jamsetji Tata’s belief that if you’re rich, you must donate money and do good Why Akshaya Patra decided to change its auditor Sebi mulls more disclosure norms for QIP funds For health of IT stocks, watch how BFSI industry performs ASK’s Sunil Rohokale's journey from real estate to equity Why aren’t we giving more? : Despite India’s history of giving and rapid wealth creation in the last few decades, there are three major challenges that have inhibited Indian philanthropy: a) A trust deficit: budding philanthropists haven’t yet come to fully appreciate the good work being done in the impact sector; b) The parochial nature of giving, which risks some of the poorest parts of the country being ignored; c) Programmatic giving which doesn’t add up. The Tata family continued Jamsetji Tata’s tradition of philanthropy and has been a pioneer in building institutions like the Indian Institute of Science in Bengaluru, The Energy and Resources Institute, Tata Memorial Hospital, etc.

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How philanthropy and cross-discipline studies are shaping future universities
2 weeks, 4 days ago

How philanthropy and cross-discipline studies are shaping future universities

India Today  

India’s higher education landscape is undergoing a transformative shift, with emerging models aimed at fostering research, development, and innovation. POWER OF COLLECTIVE PHILANTHROPY Collective philanthropy, a model where multiple individuals and organisations contribute toward a shared cause, is making significant strides in Indian higher education. FUTURE OF HIGHER EDUCATION IN INDIA The entry of foreign universities into India represents another …

Viksit Bharat will get closer as family philanthropy gains momentum
3 months, 3 weeks ago

Viksit Bharat will get closer as family philanthropy gains momentum

Live Mint  

India’s tradition of giving, deeply rooted in cultural and religious values, has evolved into today’s strategic philanthropy, with family-led efforts playing a pivotal role in shaping modern India. The potential: Family philanthropy is gaining momentum in India, with donations from ultra high net-worth individuals surging over 60% in 2022-23 to ₹6,850 crore, driven by major contributions from Azim Premji and …

Inter-Gen and Now-Gen givers are green shoots of Indian philanthropy
1 year, 5 months ago

Inter-Gen and Now-Gen givers are green shoots of Indian philanthropy

Hindustan Times  

Philanthropy evolves alongside the social issues it aims to address, with each generation tackling the needs of their time. The India Philanthropy Report 2023, published by Bain & Company and Dasra, presents a case study on GivingPi, which reveals two emerging cohorts within family philanthropy - Inter-Gen and Now-Gen givers - who are reshaping the Indian philanthropy landscape by overcoming …

A new era of partnerships: Fostering inter-sectoral and collaborative philanthropy
2 years, 3 months ago

A new era of partnerships: Fostering inter-sectoral and collaborative philanthropy

Firstpost  

In India, collaborative philanthropy is at a very nascent stage, but given how closely-knitted communities are in different cultures, the social conditions are ripe for collaborative efforts Helen Keller’s statement, “Alone we can do so little; together we can do so much,” holds truer than ever when it comes to the development sector in India. For example, the Collaborators for …

How entrepreneurs are transforming India’s narrative
2 years, 3 months ago

How entrepreneurs are transforming India’s narrative

Firstpost  

The narrative the world sees today is that a nation, plundered ad nauseam in the past, has scripted its own revival Mukesh Ambani, Gautam Adani, and NR Narayan Murthy are but a few names that are part of regular global business conversations. Serving local markets did not need scalability or manufacturing operations and yet scalability was provided through integrating various …

Ashoka University Offers Research Fellowship in Philanthropy, Remuneration at Rs 9 Lakh
3 years, 2 months ago

Ashoka University Offers Research Fellowship in Philanthropy, Remuneration at Rs 9 Lakh

News 18  

The Centre for Social Impact and Philanthropy at Ashoka University has invited applications for its research fellowship in philanthropy. CSIP is seeking two types of fellows — individual researchers and individuals working with small grassroots nonprofit organisations in India, who can spend half of their time on the research project. The Research Fellowship launched by CSIP is expected to enhance …

Ashoka University Offers Research Fellowship in Philanthropy, Registrations open
3 years, 2 months ago

Ashoka University Offers Research Fellowship in Philanthropy, Registrations open

News 18  

Ashoka University’s Centre for Social Impact and Philanthropy has invited applications for its research fellowship on philanthropy. The nine-month fellowship will begin from January 2022 and a cohort of 10 fellows will be selected who will conduct research on a topic related to Indian philanthropy and giving trends. “The fellows are expected to undertake primary research, attend monthly calls, and …

Indian philanthropists can’t ignore the crisis of democracy
3 years, 3 months ago

Indian philanthropists can’t ignore the crisis of democracy

Live Mint  

It is exciting to see that with donations worth $102.4 billion, Tata Group founder Jamsetji Nusserwanji Tata is the world’s biggest philanthropist of the last century, much ahead of Bill and Melinda Gates, who came in second. This remarkable revelation, read with the trends of significantly growing philanthropy in India as pointed out year after year by the Bain philanthropy …

Gautam Adani, KM Birla and Nita Ambani among list of top 100 Indian philanthropists
3 years, 4 months ago

Gautam Adani, KM Birla and Nita Ambani among list of top 100 Indian philanthropists

India Today  

Indian business tycoons Gautam Adani, Nita Ambani and Kumar Mangalam are among 100 Indians in the list of corporate leaders who have made a mark through their philanthropic activities across the world. “Topping the list are industrialist Gautam Adani, Nita Ambani and Kumar Mangalam Birla from India; Monte Ahuja, Ajay Banga and Manoj Bhargava from US; Sonam Ajmera, Bob Dhillon …

Funding from Family Philanthropy in India Triples to Rs 12,000 Cr in FY20: Report
3 years, 9 months ago

Funding from Family Philanthropy in India Triples to Rs 12,000 Cr in FY20: Report

News 18  

Family philanthropy has proven resilient throughout the pandemic and grew to nearly Rs 12,000 crore in fiscal year 2020, accounting for almost two-thirds of the rise in private sector funding since FY19, says a report. According to the India Philanthropy Report 2021, co-created by Bain and Company and Dasra, funding from family philanthropy has tripled its corpus, growing to nearly …

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