The India Philanthropy Report series showcases the state of giving towards the social sector in India. It highlights the growing contribution of family foundations, which has remained resilient during the pandemic, while other sources of private sector funding have stagnated. However, the social sector remains underserved, with annual funding shortfalls compounded by the addition of pandemic-induced demands.
In its 13th edition, India Philanthropy Report 2023, co-created by Bain & Company and Dasra, focuses on the different funder archetypes – CSR, Retail Givers, UHNIs, HNI & Affluent Givers, their deeply correlated roles, factors and barriers influencing different cohorts of givers and actionable insights into specific enablers that can make philanthropy more effective. Read it here.
The report notes that as India advances towards growth and transformation, an opportunity exists to invest in and support different funder groups across CSR, family philanthropy and retail giving. Read it here.
The report estimates that if India’s ultra-high-net-worth families increase their giving in line with global peers (i.e., they give 2-3% of their wealth), family philanthropic funding would increase five-fold. Read it here.