When Deval Sanghavi and Neera Nundy first began thinking of starting a non-governmental organisation focused on strategic philanthropy in India in the late 1990s, they made a little pitch-book and went to Morgan Stanley, their then employer in New York, to raise money. When we met the CEO of Morgan Stanley at the time, he gave us a $10,000 cheque …
All through the pandemic, there’s been a swift, clear uptick in individual donations to charity. Here’s a quick guide to being a smart, sustained giver: Acknowledge your motives: India ranked a lowly 82 on the World Giving Index 2019, placing lower than Pakistan, Nepal and Sri Lanka. “If you’re a small contributor, it’s unlikely that you’ll be able to drop …
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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