Philanthropy in India is growing, but not fast enough considering all the new wealth being created. The rich need to help make society more inclusive, and many are starting to give back in creative ways. Women are becoming important players in philanthropy, even if they have not always held as much wealth.
As more salaried workers gain wealth, many are eager to invest in social projects, unlike the traditional donors who mostly come from business. This is great for bringing funding to address important issues in society.
One exciting trend is that more Indian donors are talking and collaborating with each other. They are sharing ideas, concerns, and hopes about how to help. They realize that tackling big challenges is better done together. Many foundations have particular skills and are ready to support these efforts, whether it’s organizing events, using technology, partnering with the government, or managing talent.
In the past year, I’ve seen many philanthropists, both young and old, come together to discuss effective plans for creating a positive impact. New organizations have also appeared to help Indian donors get started, scale their efforts, and measure their impact. This teamwork is helping many charitable organizations grow stronger and reach more people than ever.
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