The India Philanthropy Report 2017, the Individual Philanthropist’s Path to Full Potential, published by Dasra and Bain & Company, looks at the growing importance of the individual philanthropist in the overall landscape of funding for the development sector.
The report is the result of surveys and in-depth interviews with over 50 philanthropists, conducted across eight major cities, and focuses on the evolving approaches that givers are adopting to maximise their philanthropic impact.
The report finds that funds contributed by individual philanthropists have been steadily rising, growing faster than funds from either foreign or corporate sources. It also states that philanthropists are also becoming more sophisticated in how they view giving and are adopting new strategies to achieve high-impact results.
Despite this strong philanthropic momentum, the report makes clear that India has a significant way to go to achieve its critical social goals. The country ranked 130 on the Human Development Index in 2014 and 110 on the Sustainable Development Goals. The review states that “although the government remains the largest enabler of change… the role of the individual philanthropist in overcoming these goals is critical.”
The report defines framework that outlines the various approaches to philanthropy, whilst highlighting some common giving challenges and ways in which to overcome them. It also includes case studies of various philanthropists including Rati Forbes, Amit and Archana Chandra, and Hemendra Kothari.
To read the report in full, see here.
To read our interview with Amit Chandra on Indian philanthropy, see here.