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INDIA PHILANTHROPY REPORT
He dropped out of school, failed at a grocery shop in Jabalpur, and is now a billionaire at the Burj Khalifa. Who is Desi Bling star Satish Sanpal?Satish Sanpal, a school dropout from Jabalpur, is now a Dubai real estate tycoon. Featured on Netflix's Desi Bling, his journey showcases a...- Is India Inc's CSR truly driving systemic change or just shifting funds?Corporate India is entering a new phase of CSR. Spending is expected to cross ₹1.2 lakh crore by 2035. Companies are shifting towards syste...
- To give, first get to know: Why India’s everyday generosity matters more than everIndia witnesses widespread everyday giving, with households contributing billions annually. While generosity is abundant, most gifts are ad...
- From joke to 50X jackpot: American billionaire's simple ‘India-born CEO’ stock-picking idea would have made you a millionaire in 15 yearsA old joke by financier Michael Milken about investing in US companies led by Indian-born CEOs has sparked renewed interest. New analysis s...
- Vijay-Path: From child artist to the new Thalapathy of Tamil Nadu politics, the life of Chandrasekhar Joseph VijayTVK chief actor Chandrasekhar Joseph Vijay has emerged as a significant political force in Tamil Nadu, with his TVK party projected to win ...
- Forget will, rich Indian families are writing ‘family constitutions’Family constitution meaning: Wealthy Indian families are increasingly adopting formal family constitutions to govern wealth creation, succe...
- India's social sector funding soars: Projected to reach Rs 45 lkh cr by 2029, driven by public & private sector growthIndia's social sector funding has grown significantly over the last five years, driven primarily by public funding, which constitutes about...
- Private philanthropy to expand at 10–15% annually in next five years: Neera Nundy, Partner, DasraPrivate philanthropy is expected to see a significant expansion with family philanthropy seeing a shift towards building a strong ecosystem.
- Private philanthropy grew 10% in FY23, CSR spending by 7%: Bain & Company and Dasra reportWhile there has been an increase in the number of companies complying with the CSR mandate in this period, spending by this segment grew mo...
- India’s richest gave less to social sector in FY22 despite rise in wealth: ReportOverall, India’s social sector spending as a share of GDP grew a percentage point to 9.6% in FY 2022, driven by a jump in public spending. ...
- Family philanthropists join hands to launch networkEach member of the invite-only platform launched along with Dasra will contribute at least Rs 50 lakh per year, and the network aspires to ...
- Total private philanthropic giving in India estimated to grow at about 12% annuallyThe Covid-19 pandemic has pushed more than 200 million Indians into poverty. With state finances negatively affected because of the pandemi...
- Pandemic didn't alter altruistic behaviour in Indians: Family philanthropy continued to flourish in 2020Despite this growth in funding, the social sector remains underserved.
- Family philanthropy resilient amid pandemic in India, says reportThe profitability of domestic companies declined last year, with that of listed companies dropping by 62% in the months following the initi...
- Philanthropy: Gen Next in focus to drive charityNGPs are a critical group of individuals who inherit wealth from their families, have a legacy of giving and have now taken the plunge into...
- Giving while living: India’s new rich lose the stingy tagIt is generally the third generation of a family, after attaining wealth and power, which seeks respectability and dedicates itself to phil...
- Motivation of giving and developing trust can help philanthropists attain their full potential: BainFor seekers, it is easy to get inundated with information and be overwhelmed by the multitude of causes and hundreds of organisations, each...
- Indian cos & individuals donated Rs 70,000 crore in 2016: StudyThe new CSR regulation in the Companies Act, more companies are required to invest about 2 per cent of their profits in social causes.
- A third of HNI donors in 2011 under 30 yearsMore than a third of high networth individuals (HNIs) who turned to philanthropy in 2011 were below 30 years, reveals the annual India Phil...
- Philanthropy: Indians give just 1.5-3% of their annual incomesA Bain report indicates that under the right conditions, giving in India can reach significant and impactful proportions.
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