Shiv Nadar tops the EdelGive Hurun India Philanthropy List 2019

15 Oct,2019

By A Correspondent

 

EdelGive Foundation and Hurun Report India unveiled the sixth edition of ‘EdelGive Hurun India Philanthropy List 2019’. The list includes the names of the individuals from corporate India, whose own total contribution (personal and corporate) exceed INR 5 crore per year.

 

The 2019 edition features 100 names – led by Shiv Nadar at the top spot. Azim Premji and Mukesh Ambani rank 2nd and 3rd respectively. The cumulative contribution of all the individuals on the list account for INR 4,391 crore, of which top 10 names accounted for 63 per cent.

 

Education remained the most popular philanthropic cause, followed by Healthcare and Arts, Culture & Heritage.

 

Top 10 in the EdelGive Hurun India Philanthropy List 2019

 

Rank 2019 Name Contribution (INR crore) Primary Cause Company City
1 Shiv Nadar 826 Education HCL New Delhi
2 Azim Premji 453 Education Wipro Bengaluru
 

3

Mukesh Ambani 402 Education Reliance Industries Mumbai
4* Nandan Nilekani 204 Sustainable Development Infosys Bengaluru
5 Ajay Piramal & family 200 Social Development Piramal Group Mumbai
6* Rohini Nilekani 142 Sustainable Development Infosys Bengaluru
7* Rahul Bajaj 131 Livelihood Enhancement Bajaj Auto Pune
8* Cyrus S Poonawalla 117 Sanitation Serum Institute of India Pune
 

9*

Anil Agarwal 113 Education Vedanta London
10 Gautam Adani 84 Education Adani Group Ahmedabad
10 Godrej family 84 Livelihood Enhancement Godrej Mumbai

 Rank increase yoy  Rank decrease YoY  No Rank change yoy * New to Top 10 Source: Hurun Research Institute & EdelGive Hurun India Philanthropy List 2019

 

Mumbai (31 individuals) is home to most of corporate India’s philanthropists, followed by New Delhi (16 individuals) and Bengaluru (11 individuals). The average age of the individuals in the sixth edition of EdelGive Hurun India Philanthropy List stood at 64 years (one year younger than 2018 edition). Rajiv Poddar of Balkrishna Industries (34 years) is the youngest individual to feature in the list while Dharam Pal Gulati of MDH (95 years) is the eldest individual. Six women too feature on the list – with  Nilekani leading as the highest contributor – ranked 6th.

 

Commenting on the launch of the EdelGive Hurun India Philanthropy List 2019, Anas Rahman Junaid, MD, and Chief Researcher, Hurun Report India, said: “Three key trends emerge from this year’s edition. First, as the rich Indians get richer; their contribution to the philanthropic causes too witness a jump. Two, there remains a lot of potential for corporate India to grow well by doing good. Case in point, the contribution from the top 10 individuals on the list account for 61 per cent. There remains a lot of untapped potential which will come at the forefront with initiatives such as these. And three, corporate India is banking and investing on education – much more than any other cause. The megatrend at play here is that the focus of philanthropy in the country is shifting from donating to empowering. It is indeed a long term play, but would surely lead to lasting change in the years to come.”

 

Added Vidya Shah, CEO of EdelGive Foundation: “When we embarked on this partnership with the Hurun Report India, our overall objective was to understand giving in India based on evidence and data. It is very satisfying to see the results show a significant growth in philanthropy in India, with the number of individual donors at an all-time high. As a sector, we now need to ensure that this ‘giving’ is resulting in a positive change in social indicators and being optimally utilised towards programmatic and organisational growth of our NGOs on- ground.”

 

Related Stories

  • No Related Stories Found
Post a Comment 

Comments are closed.

Videos