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Thursday, 2 November 2023

[New post] Leading Philanthropists of 2023: Personal Contributions to Charitable Causes

Site logo image India CSR posted: " The landscape of philanthropy in India is witnessing a transformation, with more individuals stepping forward to contribute towards the betterment of society. The EdelGive Hurun India Philanthropists of 2023 captures this shift, highlighting the top " India CSR

Leading Philanthropists of 2023: Personal Contributions to Charitable Causes

India CSR

Nov 2

The landscape of philanthropy in India is witnessing a transformation, with more individuals stepping forward to contribute towards the betterment of society. The EdelGive Hurun India Philanthropists of 2023 captures this shift, highlighting the top philanthropists who have generously donated in their personal capacity. This article delves into the details of this list, revealing the individuals who have made significant contributions, the sectors that have benefited, and the emerging trends in philanthropy.

Top Personal Philanthropists

24 individuals in EdelGive Hurun India Philanthropy List 2023 have donated INR 5 crore or more in their personal capacity compared to 26 individuals last year.

The EdelGive Hurun India Philanthropy List 2023 showcases 24 individuals who have donated INR 5 crore or more in their personal capacity. This indicates a slight decrease from the previous year, where 26 individuals were featured. Despite this, the list continues to serve as a testament to the growing culture of personal philanthropy in India.

Table 2: Top personal Philanthropists in the EdelGive Hurun India Philanthropists of 2023

Rank Name Donation (INR Cr) Age Primary Cause Company
1 Shiv Nadar & family 1,899 78 Arts, Culture & Heritage HCL Technologies
2 Azim Premji & family 1,638 78 Education Wipro
3 Nandan Nilekani 189 68 Ecosystem Building Infosys
4 Rohini Nilekani 170 64 Ecosystem Building Rohini Nilekani Philanthropies
5 AM Naik 150 81 Healthcare Larsen & Toubro
6 Nithin Kamath & Nikhil Kamath 110 44, 37 Climate & Sustainability Zerodha
6 Susmita and Subroto Bagchi 110 66 Healthcare Mindtree
8 M. A. Yusuff Ali 107 67 Social Development LuLu Group
9 Kris Gopalakrishnan & family 93 68 Education Infosys
  10   Ranjan Pai & family   92   50   Education Manipal Education & Medical

Source: Hurun Research Institute; EdelGive Hurun India Philanthropy List 2023

New to this year

  • philanthropists debuted in the EdelGive Hurun India Philanthropy List 2023. With a donation of INR 47 crore, K Dinesh co-founder of Infosys is the most generous new entrant in the EdelGive Hurun India Philanthropy List 2023 followed by Rameshchandra T Jain of Bhilosa Industries with a donation of 47 & 17 crore INR.

Table 3: Top 10 New Entrants in EdelGive Hurun India Philanthropy List 2023

Rank Name Donation (INR Cr) Age Company
1 K Dinesh 47 69 Infosys
2 Rameshchandra T Jain & family 17 75 Bhilosa Industries
3 Narendrakumar Baldota & family 13 82 MSPL
3 Vembu Radha 13 50 Zoho Corporation
5 Kishore Kumar Jain 10 59 Khazana Jewellery
5 Vembu Sekar 10 52 Zoho Corporation
5 Shivkishan Moolchand Agarwal & family 10 82 Haldiram Foods International
8 Prashanth Prakash & Amitha Prashanth 9 58 Personal Philanthropy
8 Anil Gupta 9 59 Wellknown Polyesters
10 B Karthikeyan & B Prabhakaran 8 48,50 Thriveni Earthmovers
10 Keki Hormusji Gharda & family 8 94 Gharda Chemicals
10 Neeraj Kochhar & family 8 65 Viraj Profiles

Source: Hurun Research Institute; EdelGive Hurun India Philanthropy List 2023

Incremental Allocation

K P Ramasamy & family of KPR Mill with a 514% year-on-year increase in philanthropic donations lead the list of individuals who have increased their contributions (in percentage terms) to Skills Development & Education.

Ranjan Pai & family of Manipal Education & Medical have donated 512% more in FY23 when compared to the previous fiscal. The Foundation's focus areas are Education, Healthcare.

Table 4: Increased allocation (%) in EdelGive Hurun India Philanthropy List 2023

Rank Name % Change Donation (INR Cr) Primary Cause Company
1 K P Ramasamy & family 514% 47 Skills Development KPR Mill
2 Ranjan Pai & family 512% 92 Education Manipal Education & Medical
3 M. A. Yusuff Ali 350% 107 Social Development LuLu Group
4 Azim Premji & family 267% 1,774 Education Wipro
4 Sudhir Mehta & Samir Mehta 267% 73 Healthcare Torrent Pharmaceuticals
6 Ratan Jindal & family 265% 60 Education Jindal Stainless (Hisar)
7 Bajaj family 234% 264 Education Bajaj
8 Mangal Prabhat Lodha 193% 13 Education Macrotech Developers
9 Pawan Kant Munjal & family 153% 28 Education Hero MotoCorp
  10 Kochouseph Chittilappilly & family   103%   82   Healthcare   V-Guard Industries

Source: Hurun Research Institute; EdelGive Hurun India Philanthropy List 2023

Table 5: Increased allocation (INR Cr) in EdelGive Hurun India Philanthropy List 2023

Rank Name Change INR Cr Donation (INR Cr) Primary Cause Company
1 Azim Premji & family 1,290 1,774 Education Wipro
2 Shiv Nadar & family 881 2,042 Arts, Culture & Heritage HCL Technologies
3 Bajaj family 185 264 Education Bajaj
4 Gautam Adani & family 95 285 Education Adani
5 M. A. Yusuff Ali 83 107 Social Development LuLu Group
  6   Ranjan Pai & family   77   92   Education Manipal Education & Medical
7 Anil Agarwal & family 76 241 Healthcare Vedanta
8 Cyrus S Poonawalla & Adar Poonawalla 62 179 Healthcare Serum Institute of India
9 Sudhir Mehta & Samir Mehta 53 73 Healthcare Torrent Pharmaceuticals
10 Rohini Nilekani 50 170 Ecosystem Building Rohini Nilekani Philanthropies

Source: Hurun Research Institute; EdelGive Hurun India Philanthropy List 2023

Women in the list

7 women find their place in EdelGive Hurun India Philanthropy List 2023. With a donation of INR 170 crore, Rohini Nilekani of Rohini Nilekani Philanthropies is India's most generous woman, followed Anu Aga & family of Thermax who donated INR 23 crore & Leena Gandhi Tewari of USV also donated INR 23 crore in FY23.

Table 6: India's most generous women - 2023

Rank Name Donation (INR Cr) Age Primary Cause Company
1 Rohini Nilekani 170 64 Ecosystem Building Rohini Nilekani Philanthropies
2 Anu Aga & family 23 81 Education Thermax
3 Leena Gandhi Tewari 23 66 Healthcare USV
4 Manju D Gupta & family 14 80 Livelihood Enhancement Lupin
5 Vembu Radha 13 50 Rural Development Zoho Corporation
6 Renu Munjal & family 9 68 Diversity & Inclusion Hero MotoCorp
6 Kiran Mazumdar Shaw 9 70 Environmental Sustainability Biocon

Source: Hurun Research Institute; EdelGive Hurun India Philanthropy List 2023


Also Read: The EdelGive Hurun India Philanthropy List 2023: Celebrating India's Generosity I India CSR

India's Top 10 Philanthropists of 2023


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