Hurun India Philanthropy List 2024

November 9, 2024

India’s philanthropic landscape has witnessed important growth in 2024. The EdelGive-Hurun India philanthropy list reveals a remarkable increase in high-value donations. The number of philanthropists donating over ₹100 crore annually has surged from two in 2018 to 18 this year. This trend marks a growing culture of giving among India’s wealthiest individuals.

Key Statistics

In total, 203 individuals made donations amounting to ₹8,783 crore. This figure represents a 55 per cent increase from two years ago. The new entrants contributed ₹1,556 crore to this total. The growth indicates a rising trend in large-scale philanthropy in India.

Leading Donors

Shiv Nadar tops the list for the third time in five years. His contributions reached ₹2,153 crore, averaging ₹5.9 crore daily. Mukesh Ambani follows with ₹407 crore, while the Bajaj family donated ₹352 crore. Kumar Mangalam Birla and Gautam Adani also made important contributions, donating ₹334 crore and ₹330 crore respectively.

Youngest and Most Generous New Entrants

Nikhil Kamath, aged 38, is the youngest philanthropist on the list. He donated ₹120 crore. Krishna Chivukula, Chairman of Indo MIM Technologies, is noted for the largest donation among new entrants, contributing ₹228 crore to IIT Madras. This showcases the importance of education in philanthropic efforts.

Notable Contributions by Women

Rohini Nilekani stands out as the most generous woman on the list, donating ₹154 crore. Her contributions reflect the increasing role of women in philanthropy. This shift is crucial for promoting gender equality in charitable initiatives.

Threshold for Top Donors

The threshold for entering the top 10 philanthropists has doubled to ₹154 crore, up from ₹83 crore five years ago. This increase indicates the growing scale of philanthropic efforts among India’s elite. The top 10 collectively contributed ₹4,625 crore, accounting for nearly 53 per cent of total donations.

Focus on Education

Six of the top ten donors have prioritised education in their corporate social responsibility (CSR) efforts. This focus puts stress on a commitment to improving access to quality education across India. The emphasis on educational initiatives is vital for encouraging long-term social development.

Purpose of the Philanthropy List

The EdelGive Foundation aims to catalogue the philanthropic landscape in India. It identifies key players, their motivations, and funding causes. The foundation believes in bridging the gap between funders and grassroots organisations. This approach is essential for creating a cohesive and efficient philanthropic ecosystem.

Important Facts for Exams:
EdelGive-Hurun – The EdelGive-Hurun India philanthropy list ranks philanthropists based on their donations. It marks the growing trend of high-value giving among India’s wealthiest individuals.
Nikhil Kamath – Nikhil Kamath is the youngest philanthropist in the list. He made an important donation of ₹120 crore. His contributions reflect the increasing involvement of younger generations in philanthropy.
Indo MIM Technologies – Krishna Chivukula is the Chairman of Indo MIM Technologies. He donated ₹228 crore to IIT Madras. This donation puts stress on the importance of education in philanthropic efforts.
Rohini Nilekani – Rohini Nilekani is the most generous woman on the philanthropy list. She donated ₹154 crore. Her contributions signify the vital role of women in charitable initiatives.

« Previous Post Next Post »