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40% of private philanthropy comes from families: Study
Financial Express Kolkata
|February 28, 2025
FAMILY PHILANTHROPY CONTRIBUTED 40% to India's private giving landscape, which touched ₹1.31 lakh crore in FY24, according to a report.
Families, 55% of them having women-led philanthropy are transforming the landscape and investing in underfunded and niche causes, the India Philanthropy Report 2025 by Bain & Company and Dasra said.
According to the report, 40% of families support gender equity, diversity, and inclusion causes, and 29% back climate action. They have also been professionalising their giving, with approximately 65% having dedicated staff to manage their philanthropy portfolios.
This story is from the February 28, 2025 edition of Financial Express Kolkata.
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