Philanthropy & CSR: On February 24th, Candid, an international nonprofit organisation that provides data tools on nonprofits, foundations, and grants, will launch ‘Philanthropy in India’, a website that will provide comprehensive information on Indian philanthropy.
The website, which has been set up in partnership with Ashoka University’s Centre for Social Impact and Philanthropy (CSIP), will make funding data on India’s social sector publicly available, free of cost.
“This website supports the robust philanthropic work that’s already occurring in the country. It will help people and organisations make informed decisions and efficiently work together to promote the causes that matter most to the Indian philanthropic community,” said Bradford Smith, President, Candid.
The Philanthropy in India website will include a dashboard that gives a high-level snapshot of how funding flows; a funding map that shows in-depth data; reports, insights, and other resources that highlight philanthropic work in India. This will enable funders both within and outside India to find other funding organisations that support the causes they care about, and learn about their work to make a change or collaborate.
From 2015 through 2018, Candid has identified 155,192 grants serving India totaling about USD 10.7 billion and tracked 11,004 grants in bi/multilateral aid totaling USD 14.1 billion.
Other key findings from data collated on Indian philanthropy by Candid and CSIP include:
- Private donors invested most heavily in health (30 percent of total grants), followed by education (21 percent), and community and economic development (20 percent).
- The top foundations supporting programmes in India are based outside the country.
- More than 70 percent of bi/multilateral aid is designated towards community and economic development.
Read this article to understand whether philanthropy in India is really growing.