Donations

The appeal was made on the eve of a high-level pledging event for the humanitarian crisis in Yemen, a UN-led fund-raising activity held on Monday in Geneva, Switzerland, Xinhua news agency reported

'At a time of tough tests for the humanitarian sector, CERF's focus on under-funded crises was more important than ever'

India offers two different rates of deduction on its most popular tax incentive scheme (also known as the 80G scheme), 50 per cent and 100 per cent, depending on the recipient

The ruling Bharatiya Janata Party (BJP) got Rs 163.54 crore, or nearly 94 per cent of corporate donations received by four political parties in Gujarat in the five years from FY 2016 to FY 2021, a report by the Association for Democratic Reforms (ADR) said. Total corporate donations declared by political parties from Gujarat between fiscal 2016-17 to 2020-21 stood at Rs 174.06 crore from 1,571 donors, out of which the BJP received Rs 163.54 crore from 1,519 donors, said the report released on Sunday. The four political parties are the BJP, Congress, Aam Aadmi Party, and Samyukt Kisan Morcha (SKM), the report informed. Congress stood a distant second getting Rs 10.46 crore from 47 donors, stated the report. "Of the total corporate donations (Rs 4014.58 crore) received by political parties in the five-year period, 4.34 per cent or Rs 174.06 crore worth of corporate donations came from Gujarat. This is based on the data analysed from the contribution reports submitted by the political

Nearly 64 per cent of total donations went to religious organisations and the highest number of donations were made by lower-income and middle-class households, says a latest survey

The famous Mahakaleshwar Temple in Ujjain in Madhya Pradesh has collected a record Rs 81 crore as donations from devotees and other transactions between September 1, 2021 and September 15 this year, an official said on Monday. This is an all-time high and comprises donations, sale of ladoos, gold, silver as well as rentals, Mahakaleshwar Temple administrator Ganesh Dhakad said. "Earnings during the same period in 2016-17 was Rs 28 crore, while it was Rs 37 crore in 2017-18 and Rs 40 crore in 2020-21. Devotee numbers are increasing due to good amenities provided by the temple management, speedy darshan system etc," he said. Mahakaleshwar Temple is one of the 12 'jyotirlings' in the country.

Pakistan has rejected Bangladesh's offer to supply humanitarian aid worth 14 million takas (roughly $145,000) as the country continued to suffer great loss during monsoon flooding

What has been the impact of family philanthropy in India?

Pandemic also reinvented philanthropy in India. Gautam Adani recently pledged to donate $7.7 bn to social causes. But is the family philanthropy by ultra-rich Indians making the desired impact?

Overall CSR allocations appear to have taken a hit during the pandemic even as they became skewed towards certain sectors

UHNI is classified as those with a networth of over Rs 1,000 crore, making donations of over Rs 5 crore

A donation of $700,000 to aid humanitarian relief efforts via Global Giving's Ukraine Crisis Relief Fund and to support the Ukraine Tennis Federation was made by the four Grand Slam tournaments

The Bagchi-Parthasarathy Hospital will be built within the existing IISc Bengaluru campus, taking full advantage of the co-location with the science and engineering faculties and labs

Thirty-nine donors have announced record pledges of more than $467 million for the UN Central Emergency Response Fund (CERF) for 2022, said

The total income of 25 regional political parties in FY20 was Rs 803.24 crore

Two in three gave money or goods to charities or for community services, and an equal proportion said the government and businesses should have contributed more, says the 'India Giving Report 2021'

State Bank of India (SBI) on Friday donated Rs 22.87 lakh to Ram Manohar Lohia (RML) Hospital, New Delhi, for augumenting healthcare facility to help nation in the fight against the COVID-19 pandemic.

Donors need to select the appropriate mode while making donations under these two sections

In a shot in the arm for yoga guru Ramdev-run Patanjali group, the Income Tax Department has extended tax deductions on donations made to Patanjali Research Foundation Trust for five years.

Government think tank Niti Aayog has suggested 100 per cent income tax exemption for donations and provision of working capital loans with lower interest rates for not-for-profit hospitals to strengthen healthcare services in India. In a report titled 'Not-for-Profit Hospital Model in India', the Aayog also pitched for involving high performing hospitals in public private partnership (PPP) models for managing primary health care (PHCs), operations of government facilities and PSU hospitals. "Income-tax exemption could be increased from the current 50 per cent exemption to 100 per cent exemption for philanthropy toward the identified not-for-profit hospitals. This could be a catalyst in channelizing the much-needed funds to deserving hospitals." it said. According to the report, the government can consider the provision of working capital loans with lower interest rates, which would be more financially viable for not-for-profit hospitals and would assist in adequate cash flows durin

Billionaire Scott gives away $2.7 bn to 286 companies globally