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PHILANTHROPIC MODELS
Mark Zuckerberg's philanthropic venture unveils AI world model for drug discoveryBiohub, a venture by Mark Zuckerberg and Priscilla Chan, has launched a protein biology world model. This advanced AI tool aims to speed up...
Why partnerships will define India’s agricultural transitionIndia's agriculture faces climate challenges. A robust public finance foundation can drive a new phase of growth. Regenerative agriculture ...
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...
Tata Sons IPO: Why former Tata veteran Soonawala is warning against listing the conglomerateA former Tata Sons executive opposes a public listing. He believes an IPO could change the group's structure and social mission. Listing mi...
A founder, a fortune, and Microsoft’s final separation from the Bill Gates empireThe Bill & Melinda Gates Foundation Trust has completed its sale of Microsoft shares. This marks the end of a significant financial tie to ...
Nirmal Narvekar, Harvard’s $57 billion Indian-American money manager, bows outNirmal Narvekar, the Indian-American financier behind Harvard University's massive endowment, is set to retire in 2027. His tenure saw a si...
India's R&D punches above its weight, but grant delays and red tape hold back researchersIndia is an innovation 'overperformer' but its research systems lag behind. Improving 'ease of doing R&D' is crucial. This requires faster ...
Mark Zuckerberg backed-Cellular Intelligence acquires Novo Nordisk's Parkinson's cell therapyLast October, Novo Nordisk had shut down its cell therapy unit as part of a broader restructuring, discontinuing development of the therap...
Quote of the Day by MacKenzie Scott: "I have a disproportionate amount of money to share."Quote of the Day by MacKenzie Scott reflects her evolving approach to wealth and philanthropy. As one of the world’s wealthiest individuals...
India to Africa: How homegrown philanthropic models are going globalIndian philanthropy is increasingly extending its grassroots development models to Africa, adapting localized interventions to address shar...
Why India needs collaborative philanthropyIndia’s massive scale makes philanthropic collaboration with the government not just desirable but essential
Tata Trusts tightens monitoring, shifts focus to grant-makingTata Trusts has implemented stricter monthly reviews of projects to control operational costs and improve the impact of its philanthropic e...
Tata Trusts plans to trim cost flab with fitter management; several roles to be done away withTata Trusts is undergoing restructuring to streamline expenses by eliminating CFO and COO roles, reducing external consultants, and focusin...
Waterfield Advisors launches philanthropic foundation to drive innovative impact strategiesCommenting on the launch, Soumya Rajan, Founder & CEO, of Waterfield Advisors, said, “Waterfield Foundation represents a passion project th...
Philanthropy in India focuses on one's roots, progresses to the community, and usually remains low-keyFamily businesses can be looked at as microcosmic socioeconomic systems in India, with strong ties to their communities.
Tata Trusts to invest in social sector startupsTata Trusts being a philanthropic organization can only provide grants to various entities and therefore, there’s a need to raise funds fro...
'Banks have $380 bn market opportunity in financial inclusion'Banks can address an additional $380 billion market in annual revenues by targeting micro-enterprises and bringing unbanked and underbanked...
Wipro's Azim Premji hires Amnesty India head to build organisation for offering grants to external agenciesSo far, Premji has donated nearly 21% of his Wipro stake to a trust that funds education-focused philanthropic projects under the Azim Prem...
Matt Damon's Water.org is adressing sanitation crisis and reshaping product portfolios of MFIsDamon is the co-founder of Water.org, which has brought in WaterCredit, extending philanthropic grants to MFIs in India to build capacity.
- Wipro's Azim Premji to launch $1 billion endowment trust
Modelled on lines of Harvard management co, the trust will fund Premji's philanthropic activities. It may be funded by sale of promotor equ...