Ashwani Kumar’s Post

Philanthropy is often described as a way to give back, but we believe it’s much more than that. For our Capacity Building head, Poonam Choksi "It’s about creating real, lasting change that addresses the root causes of the challenges we face and creates an impact that outlives us." Below are some of her initial thoughts on the Wealth with Purpose report by Accelerate Indian Philanthropy (AIP) and Boston Consulting Group (BCG), that provides insights from 100 top philanthropists, detailing how private philanthropy can drive systemic change and sustainable development. "In the recent report by AIP and BCG on Wealth With Purpose, one insight stood out for me: If India’s ultra-high-net-worth individuals (UHNIs) channeled just 5% of their incremental wealth, we could unlock ₹75,500 crore annually for social good. That’s three times the government’s budget for women and child development. What would we do with that kind of capital? We could transform quality of education, revolutionize healthcare, and scale climate resilience efforts. But here’s the thing—it’s not just about the money. As our co-founder, Amit Chandra so powerfully puts it in the report: “Philanthropy is deeply personal. It’s a way of giving back to the society that helped create our wealth in the first place.” This resonates deeply with me. I’ve seen how powerful it is when giving becomes intentional—not just writing a cheque, but really thinking about the how, where, and why of every rupee spent. At our foundation, we work every day to build the capacity of individuals and organizations to think bigger and bolder, enabling them to solve problems at scale. For philanthropy to truly move the needle, the aspirations of NGOs must align with the boldness of the philanthropists supporting them. Together, we can address the sticky, systemic challenges that plague generations to come. The Wealth With Purpose report is a must-read for anyone in the philanthropic space. It shares incredible stories of philanthropists who are shifting from generosity to impact, and from charity to systems change." What’s the one thing you think philanthropy should do differently to build a better future? We would love to hear your thoughts. Read the report here: https://lnkd.in/dQ7-rj7y.

Ratan Tata: A Legacy of Patriotism and Philanthropy 🇮🇳 The image of Ratan Tata accompanied by the quote, "If My Country Is In Any Trouble, Not Only ₹1500 Crores, I Will Donate My Whole Property," speaks volumes about the ethos of one of India's most revered industrialists and philanthropists. This statement encapsulates his unwavering commitment to the nation, exemplifying a sense of duty and generosity that transcends personal wealth and corporate success. 🌟 Ratan Tata, the Chairman Emeritus of Tata Sons, has long been a symbol of integrity, innovation, and social responsibility. Under his leadership, the Tata Group not only expanded its global footprint but also set new benchmarks in corporate social responsibility. His promise to donate his entire property in times of national crisis is not just a testament to his patriotism but also a reflection of the values that the Tata Group stands for. 💼 A Legacy of Giving 💖 Ratan Tata's philanthropic endeavors are well-documented. From healthcare to education, his contributions have significantly impacted various sectors in India. The Tata Trusts, which he chairs, control 66% of the shares of Tata Sons, the holding company of the Tata Group. These trusts fund numerous social initiatives, making substantial contributions to society. His leadership during the COVID-19 pandemic, where the Tata Group pledged significant resources to support relief efforts, further underscores his commitment to the nation. 🏥🎓 Ratan Tata’s philanthropic initiatives extend beyond monetary contributions. His personal involvement in various social causes demonstrates his deep commitment to making a difference. Whether it's supporting startups through his investments or advocating for sustainable business practices, Tata's actions consistently reflect his dedication to improving lives and fostering innovation. 🌍 Corporate Social Responsibility 🤝 The ethos of giving back to society is deeply ingrained in the Tata Group's philosophy. This image and quote resonate with the company's legacy of responsible business practices and community support. Whether through building schools, hospitals, or providing disaster relief, the Tata Group's actions speak louder than words. 🏢🌍 The Tata Group's commitment to social responsibility is evident in its numerous initiatives aimed at community development. Projects like providing clean drinking water, improving rural infrastructure, and promoting education and healthcare in underserved areas are testaments to the Group's holistic approach to corporate social responsibility. 🏫💧 Tata Group #RatanTata #Philanthropy #Patriotism #Leadership #CorporateSocialResponsibility #TataGroup #India #Inspiration #NationFirst #BusinessEthics

The ‘Understanding Social Impact: A Leadership Workshop’ organised by ILSS is underway in Mumbai, beginning with a powerful keynote address by Deval Sanghavi, co-founder and partner at Dasra. Deval presented foundational insights into the principles driving India’s social sector, providing a compelling start to this impactful workshop. A pioneer in strategic philanthropy, Deval has dedicated 25 years to reshaping India’s social impact landscape. Through Dasra, he has facilitated over INR 3,300 crore in funding, supported over 1,000 nonprofits, and engaged 300+ Indian families to elevate and expand philanthropy across the country. The one-day workshop will delve into the nuances and complexities of India’s social sector, offering participants fresh perspectives to engage meaningfully and contribute to the nation’s development journey. Anu Prasad | Archana Ramachandran | Rajneesh Chowdhury, Ph.D. | Jesleen Lalmuanawmi | Nuupur Mahajan | Simran Gupta | Adil Mushtaq Shah

We are partnering with ILSS - India Leaders for Social Sector for #IFRC2025. At LGT, sustainability across generations — of wealth, planet, and values — has been our guiding principle for centuries. Through strategic philanthropy and our partnership with ILSS, we're putting these values into action. Join Atul Singh, Poonam Mirchandani and Supriya Balakrishnan, at our session 'Doing Good Well' to explore how we can collectively drive sustainable change. https://lnkd.in/g7hd2J2X

GivingPi recently hosted a reflective and thought-provoking gathering with Rohini Nilekani (Founders Circle Member, GivingPi and Chairperson, Rohini Nilekani Philanthropies). This gathering focused on discussing themes and perspectives on reimagining social change on an exponential scale. Rohini's insights highlighted successful philanthropic strategies, sparking an inspiring discussion on diverse approaches to giving. The event emphasized the importance of preserving India's art, culture, and heritage, while also addressing critical issues like waste management. Key perspectives discussed focused on leveraging technology and involving youth and talent in Foundations and civil society organizations to maximize impact. Rohini also underscored the importance of the three key spheres in philanthropy - Samaaj (society), Sarkar (government), and Bazaar (market) - based on her philanthropic journey. The discussion illuminated innovative pathways for initiating small changes that trigger a domino effect, leading to significant and rapid social transformation. Participants engaged with Rohini and each other to uncover ideas that can drive greater and swifter social impact. GivingPi Members who participated and attended this gathering were Digvijay Singh Kathiwada, Fiona Dias Miranda, Kailash Nadh, Karishma S., Luis Miranda, Neha Mehta, Nikunj Jhaveri, Radha Goenka, Siddharth Somaiya, Swati Apte and Sonakshi Agarwal. We’d like to extend our heartfelt gratitude to Rohini, the RNP team and all the attendees for making this event a huge success. #givingpi #familyphilanthropy #familygiving #philanthropy #socialchange #perspectives #impact #india

𝐓𝐡𝐞 𝐆𝐫𝐨𝐰𝐢𝐧𝐠 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐖𝐨𝐦𝐞𝐧-𝐋𝐞𝐝 𝐏𝐡𝐢𝐥𝐚𝐧𝐭𝐡𝐫𝐨𝐩𝐲 𝐢𝐧 𝐈𝐧𝐝𝐢𝐚 The recent article from Live Mints sheds light on a powerful trend in the philanthropic world: the increasing influence of women in driving social change. Women like Melinda French, MacKenzie Scott, and Rohini Nilekani are not only leveraging their financial independence but also setting new benchmarks for effective giving. 🌟 Their innovative approaches and focus on direct impact are reshaping traditional philanthropic practices. For instance, MacKenzie Scott’s “no strings attached” policy empowers NGOs to utilize funds as they see fit, ensuring that resources are directed where they are needed most. 🌍💡 In India, figures like Rohini Nilekani and Rajashree Birla are leading significant initiatives in environmental and social causes, independently of their family wealth. This movement is further bolstered by the rise of women billionaires and a supportive ecosystem that encourages women-led philanthropy.🌱 Women’s higher accountability and focus on complex societal issues are producing tangible benefits, making their philanthropic efforts not only impactful but also inspirational. This transformative shift promises a more inclusive and innovative future for philanthropy. 💪✨ 𝑅𝑒𝑎𝑑 𝑡ℎ𝑒 𝑓𝑢𝑙𝑙 𝑎𝑟𝑡𝑖𝑐𝑙𝑒 : https://lnkd.in/gwa-JNew #WomenInPhilanthropy #ImpactfulGiving #SocialChange #Empowerment #InnovativeGiving

👉 Nikhil Kamath, co-founder of Zerodha, has been named the youngest philanthropist on the Hurun India Philanthropy List 2024 at just 36 years old. His philanthropic efforts focus on improving education and healthcare access for underprivileged communities, showcasing a commitment to social responsibility alongside his entrepreneurial success. 👉 Background on Nikhil Kamath Kamath's recognition highlights a growing trend among young entrepreneurs who are actively engaging in philanthropy. Through the Nikhil Kamath Foundation, he has made substantial contributions aimed at creating sustainable impact in various social sectors. His initiatives emphasize the importance of education and healthcare, addressing critical needs within society. 👉 Impact of Young Philanthropists Kamath's achievements serve as an inspiration for other young business leaders to leverage their resources for positive change. The Hurun list reflects the increasing influence of young philanthropists in India, demonstrating that wealth can be a powerful tool for social good. 👉 The Logical Indian appreciates Kamath's dedication to philanthropy and his role in encouraging a culture of giving among young entrepreneurs. His efforts exemplify how business success can translate into meaningful contributions to society. How do you think young entrepreneurs like Nikhil Kamath can further influence philanthropy in India?  What causes should they prioritize to make the most significant impact? #News #Philanthropy #NikhilKamath #Zerodha #YoungEntrepreneurs #SocialImpact

What a great gesture by Lodha Group #LodhaFamily Transfers Rs 20,000 Crore to Philanthropy By Rediff; Oct 28, 2024 #AbhishekLodha and family, promoters of Lodha Group, will transfer a significant part of their #shareholding, totalling about Rs 20,000 crore, in listed company Macrotech Developers Ltd to Lodha Philanthropy Foundation. Lodha commits initial corpus of Rs 20,000 crore to philanthropy arm The company said that #LPF is a non-profit organization that uses all its income and assets solely for national and social upliftment causes. #MacrotechDevelopers is one of the leading #realestate developers in the country. It sells properties under the Lodha brand. Lodha Philanthropy Foundation (LPF) is a non-profit organisation that uses all its income and assets solely for national and social upliftment causes. "LPF will have an initial corpus of around Rs 20,000 crore (USD 2.5 billion)," the company said in a statement. Commenting on the family's decision to allocate a significant portion of their #wealth to national and #socialcauses, Macrotech Developers MD and CEO Abhishek Lodha said, "About 100 years ago, the #Tatafamily gave a major part of their shareholding in their enterprise to the #TataTrusts. The huge impact of this #gift on #India and the good work by the Tata Trusts has been a major inspiration for me". With the blessings of my parents Mangal Prabhat Lodha and Manju Lodha, and the support of my wife Vinti Lodha, and our children, Lodha #Philanthropy Foundation (LPF) will now own around 1/5th of one of India's largest real estate companies, Macrotech Developers Ltd (Lodha/MDL). Source: PTI #charity #India #philanthropy #inspiring #foundation #greatnews #vibes Photo Credits : The Hindu

D&A would like to congratulate Accelerate Indian Philanthropy (AIP) on the release of their landmark report, "Wealth with Purpose," created in collaboration with the Boston Consulting Group (BCG). This report explores the philanthropic journeys of 100 ultra-high-net-worth individuals (UHNIs) in India, with the main objective of inspiring both emerging and experienced philanthropists to engage in more strategic and impactful giving. By offering valuable insights and frameworks, the report aims to transform how philanthropy is practiced among the top 1%. Key insights from the report reveal a notable shift in philanthropic practices, moving from traditional charity to strategic giving, with many philanthropists now adopting a systems-change approach. An impressive 90% of UHNIs are keen to deepen their advocacy and support to ensure a lasting impact, demonstrating a strong commitment to strategic philanthropy. This trend indicates a growing desire among India's wealthiest to not only increase their financial contributions but also engage more deeply in systemic solutions to address societal challenges. D&A's is dedicated to amplifying the impact of philanthropic capital through Blended and Outcome-Based Financing. Our initiatives aim to make philanthropic contributions more catalytic, driving significant impact. We believe that philanthropy's transformative potential can be leveraged to catalyse sustainable development. To this end, D&A plans to engage with high-net-worth individuals (HNIs) to understand their development priorities and commit capital into projects using innovative finance instruments. Access the report here: https://lnkd.in/gp9CbJGm Amitabh Jaipuria | Radhika Jain | Dr.Preethi Jain | Aditi Ray | Vishal D. | Isha Mathur | Kartik Desai | Aashir Sutar #HNI #Philanthropy #InnovativeFinance

In this edition of #CelebratingPhilanthropy, we feature Vishal Tulsyan, Executive Chairman, Motilal Oswal Alternates and Core Founder, Accelerate Indian Philanthropy (AIP), who passionately calls upon the fortunate to step forward and contribute to India’s progress through #meaningful giving. In our latest video, Vishal emphasizes the #transformative potential of philanthropy when it’s rooted in commitment and driven by purpose. He advocates for channeling a significant portion of wealth into social causes, not just as an act of giving, but as a pathway to building a healthier, more sustainably developed nation. For Vishal, #effective philanthropy is about creating impactful change with a focus on long-term, sustainable impact. His philanthropic philosophy is a reminder that those with the ability to earn big also have the power to change lives - ensuring a brighter future for all. #Philanthropy  #SocialTransformation #SustainableImpact #InspiredGiving