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Philanthropy grows in country but rich more giving than super-rich: Report

The sharp rise was driven primarily by significantly bigger contributions from just two individuals: Azim Premji and Shiv Nadar

Philanthropy
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illustration: binay sinha

Surajeet Das Gupta New Delhi

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India’s super-rich who boast net worth over Rs 1,000 crore tend to give less to charity than the rich with a net worth of Rs 5-1,000 crore, according to a new report on trends in philanthropy.
 
Among other findings about family philanthropy is that women give a larger share of their wealth than men; now generation wealth creators (first generation of wealth creators) give more than inter-generation funders (current generation of family philanthropists); and professionals — generally C-suite ex­ec­utives in private companies —do­nate more than business folk.
 
The “India Philanthropy Report 2024” by Bain & Company, in collabora­tion with Dasra,

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