Coming from a diamond merchant family, Ashok Bhansali, Founder Trustee, Bhansali Trust has the first-hand experience in philanthropy. His...
The seriousness, scale and complexity of India’s development challenges, from rising inequality to extreme poverty and climate change, are quickly outpacing the ability of our government to single-handedly address them. While Indian philanthropy has matured significantly over the years, with private donations making up 32% of total contributions to the development sector in India in 2016, this exponential rise in philanthropy comes with an increased responsibility to ensure that philanthropic capital is disbursed in a way that creates maximum impact. This may be easy to say but requires givers to adopt a great deal of strategic thinking and planning.
As more and more philanthropic capital is directed towards India‘s development, philanthropists can seek expert guidance to help build an effective plan for their philanthropy. Your Philanthropy Roadmap is the first in a series of guides to fulfil this need.
Building a plan for your philanthropy, while exciting, can also be an overwhelming experience. This brief guide is designed to simplify your planning process and provide an overview of issues that you may want to consider as you carve your own path to effective philanthropy.