INDIA PHILANTHROPY TRENDS 2021
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2020 has been a year of hard truths. It has unveiled deep fault lines around inequities seeping across our nation. Haunting stories of double marginalization challenge us to rethink how we as a society are caring for each other. They serve as a wakeup call to reimagine our approach towards strategic and collaborative philanthropy and the impact it can have. We need a call-to-action, emerging from the stark reality of today and the awareness of our urgent responsibility towards tomorrow.
These 10 philanthropy trends of 2021 highlight the core responsibility of philanthropy towards serving India’s most vulnerable communities, how the external socio-political environment is impacting fund flows, what it means to make philanthropy more participative and broad-based, and how funders, government and non-profits are collaborating. While the shifts last year paint a stark picture of heightened awareness and empathy among the philanthropy community, 2021 will be a telling year in terms of its translation into greater and strategic action.
As we gratefully turn the page on 2020, we will be keeping an eye on whether some of these shifts result in permanent changes and realignments. Driven by a deep-rooted culture of philanthropy, India’s communities, non-profits, government and funders are emerging as critical players and contributors to building a transformed India where a billion thrive with dignity. We deeply acknowledge that no single organization or initiative can enable a billion to thrive. However, when we operate as one family, organizations large and small, driven by a shared vision, the whole is larger than the sum of its parts.
The India Philanthropy Trends 2021 is collective foresight from the Community of Foundations, a group of professional philanthropic leaders representing 20 of the most influential Indian and international foundations that are committed to transforming the future of philanthropy in India and accelerating India’s progress towards achieving its Sustainable Development Goals through collective thought leadership and action. Driven by the belief that together we are stronger, this community aims to chart a high impact strategic course for the philanthropy sector in India and continually raise its standards of justice, equity, diversity and inclusion towards a billion thriving.
These 10 philanthropy trends of 2021 highlight the core responsibility of philanthropy towards serving India’s most vulnerable communities, how the external socio-political environment is impacting fund flows, what it means to make philanthropy more participative and broad-based, and how funders, government and non-profits are collaborating. While the shifts last year paint a stark picture of heightened awareness and empathy among the philanthropy community, 2021 will be a telling year in terms of its translation into greater and strategic action.
As we gratefully turn the page on 2020, we will be keeping an eye on whether some of these shifts result in permanent changes and realignments. Driven by a deep-rooted culture of philanthropy, India’s communities, non-profits, government and funders are emerging as critical players and contributors to building a transformed India where a billion thrive with dignity. We deeply acknowledge that no single organization or initiative can enable a billion to thrive. However, when we operate as one family, organizations large and small, driven by a shared vision, the whole is larger than the sum of its parts.
The India Philanthropy Trends 2021 is collective foresight from the Community of Foundations, a group of professional philanthropic leaders representing 20 of the most influential Indian and international foundations that are committed to transforming the future of philanthropy in India and accelerating India’s progress towards achieving its Sustainable Development Goals through collective thought leadership and action. Driven by the belief that together we are stronger, this community aims to chart a high impact strategic course for the philanthropy sector in India and continually raise its standards of justice, equity, diversity and inclusion towards a billion thriving.
“I think if we are just going to be looking at issues and areas the way we always have, then we are going to be heading to another pandemic of some sort. So I think if we are really serious about learning from our past year’s experiences, it is not just about making some tweaks but this is really meeting the moment around resetting agendas and narratives!”
- Deepali Khanna, The Rockefeller Foundation
Our members are the backbone of our community and we are grateful for their unwavering support and commitment. We would like to particularly thank the following members for their expertise and insights:
- Deepali Khanna, The Rockefeller Foundation
Our members are the backbone of our community and we are grateful for their unwavering support and commitment. We would like to particularly thank the following members for their expertise and insights:
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We would also like to acknowledge the following sector experts for their valuable contributions:
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References:
1. PWC (2020). Riding the Storm: Market turbulence accelerates diverging fortunes.
Available at: https://www.pwc.ch/en/publications/2020/UBS-PwC-Billionaires-Report-2020.pdf
2. Inc42 (2020). Covid-19 Warriors: Crowdfunding Comes to the Rescue for India’s Needy.
Available at: https://inc42.com/features/covid-19-warriors-crowdfunding-startups-come-to-the-rescue-for-india-needy/
3. Centre for Social Impact & Philanthropy (2020). The Impact of COVID-19 on India’s Nonprofit Organisations.
Available at: https://csip.ashoka.edu.in/executive-summary-the-impact-of-covid-19-on-indias-nonprofit-organisations/
4. GiveIndia (2020). Has charitable giving in India changed due to COVID-19?
Available at: https://www.giveindia.org/blog/charitable-giving/
5. Candid (2021). Available at: https://india.candid.org/dashboard/
1. PWC (2020). Riding the Storm: Market turbulence accelerates diverging fortunes.
Available at: https://www.pwc.ch/en/publications/2020/UBS-PwC-Billionaires-Report-2020.pdf
2. Inc42 (2020). Covid-19 Warriors: Crowdfunding Comes to the Rescue for India’s Needy.
Available at: https://inc42.com/features/covid-19-warriors-crowdfunding-startups-come-to-the-rescue-for-india-needy/
3. Centre for Social Impact & Philanthropy (2020). The Impact of COVID-19 on India’s Nonprofit Organisations.
Available at: https://csip.ashoka.edu.in/executive-summary-the-impact-of-covid-19-on-indias-nonprofit-organisations/
4. GiveIndia (2020). Has charitable giving in India changed due to COVID-19?
Available at: https://www.giveindia.org/blog/charitable-giving/
5. Candid (2021). Available at: https://india.candid.org/dashboard/