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Big Philanthropy in India: Perils and Opportunities

1 January 1970
Paper / Report
Publisher : Candid

19067

This report explores the emerging landscape of "big philanthropy" in India, driven by the rise of Ultra High Net Worth Individuals (UHNWIs) since the 1990s liberalization. Influenced by American billionaire philanthropy, this trend brings ambitious goals but also risks. The report identifies three types of risks: financial (encouraging ambitious social goals and innovation despite failure risks), social (potential adverse impacts that need investigation), and personal (supporting "controversial" or "activist" issues). It highlights big philanthropy’s power to influence development and introduces the AMAR framework for Indian UHNWIs to assess risks and opportunities in their giving.

Author(s) :

Ajit Kanitkar, Archana Chandola, Sanjiv Phansalkar, Siva Muthuprakash

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Key topics

Social Justice, Philanthropy and Human Rights

Also found in

Financial Stewardship, Sustainability, & Accountability Purpose-driven Partnerships and Networks

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