Page 2 - Philanthropy
Jamsetji Tata tops global list of top 10 philanthropists from last 100 yrs
Hurun Research and EdelGive Foundation today released the 2021 EdelGive Hurun Philanthropists of the Century, a ranking of the world's most generous individuals from the last 100 years
 "Jamsetji Tata tops global list of top 10 philanthropists from last 100 yrs")
Bill and Melinda Gates to end 27 years of marriage; $146 billion at stake
Their decision puts at stake one of the world's greatest fortunes and one of world's largest philanthropy operations.
 "Bill and Melinda Gates to end 27 years of marriage; $146 billion at stake")
Private philanthropy outstripped corporate largesse by 42% in FY20: Report
It is this increase that has propelled an increase in total private funding by a healthy 23 per cent, touching Rs 64,000 crore in FY20
 "Private philanthropy outstripped corporate largesse by 42% in FY20: Report")
Funding from family philanthropy in India triples to Rs 12,000 cr in FY20
Family philanthropy has proven resilient throughout the pandemic, a report said
 "Funding from family philanthropy in India triples to Rs 12,000 cr in FY20")
CSR shouldn't be legally mandated, charity must come from within: Premji
He added that it is important that individual and personal philanthropy is separated from a company's CSR efforts
 "CSR shouldn't be legally mandated, charity must come from within: Premji")
India's new CSR regulations make philanthropy compulsory for companies
New CSR rules replacing comply-or-explain regulations with a mandatory regimen have raised the stakes for large corporations
 "India's new CSR regulations make philanthropy compulsory for companies")
Hyundai's philanthropic arm signs MoU with IIT Delhi to support research
The move aims to support the research work at Centre for Automotive Research and Tribology
 "Hyundai's philanthropic arm signs MoU with IIT Delhi to support research")
With net worth of $209.3 bn, Musk debates how to give away record fortune
Musk, 49, is a philanthropy neophyte compared with those he just leapfrogged on the Bloomberg Billionaires Index of the world's 500 wealthiest people
 "With net worth of $209.3 bn, Musk debates how to give away record fortune")
Azim Premji tops EdelGive Hurun India Philanthropy list 2020
The preferred cause of India's top philanthropists over the past seven years has been education and 2020 was no different as most of the donations were made for this purpose
 "Azim Premji tops EdelGive Hurun India Philanthropy list 2020")
Wipro's Azim Premji emerges as most generous Indian in FY20: Report
Premji's generosity pulled the total donations up by 175 per cent to Rs 12,050 crore in FY20
 "Wipro's Azim Premji emerges as most generous Indian in FY20: Report")
BS Awards: 'Align business and social impact for sustainable philanthropy'
Nihal Kaviratne, Founder of St Jude India ChildCare Centres received the award - Social Enterprise of the Year at the Business Standard Awards for Social Excellence on Thursday
 "BS Awards: 'Align business and social impact for sustainable philanthropy'")
How Social Stock Exchange will help raise funds, regulate social sector
NPOs looking to raise funds will have to list themselves on the exchange, but to do so they will have to meet minimum standards of reporting
 "How Social Stock Exchange will help raise funds, regulate social sector")
Doris Buffet, Warren Buffet's philanthropist sister, passes away at 92
Her death was confirmed by her grandson Alexander Buffett Rozek
 "Doris Buffet, Warren Buffet's philanthropist sister, passes away at 92")
Lakshmi Mittal gifts GBP 3.5 mn to Oxford for developing Covid-19 vaccine
Lakshmi Mittal said, "This year has been a wake-up call to the world to be better prepared for pandemics, which, as we have all experienced, can cause massive social and economic disruption."
 "Lakshmi Mittal gifts GBP 3.5 mn to Oxford for developing Covid-19 vaccine")
Warren Buffett donates $2.9 bn to Gates Foundation, family charities
In a statement on Wednesday, Berkshire said Buffett's 15th annual donation comprised 15.97 million Class B shares of Berkshire.
 "Warren Buffett donates $2.9 bn to Gates Foundation, family charities")
Trustees of PM CARES appoint SARC & Associates as auditor of fund
Opposition parties have questioned how the PM CARES Fund is being kept out of the audit purview of the Comptroller and Auditor General (CAG).
 "Trustees of PM CARES appoint SARC & Associates as auditor of fund")
Big names in Indian philanthropy team up to respond to climate change
Some of the biggest names in Indian philanthropy have teamed up with researchers and more to craft an India-specific response to the climate crisis. Nikita Puri reports on the development
 "Big names in Indian philanthropy team up to respond to climate change")
Azim Premji, an inspiration in business world, a role model in philanthropy
Banerjee, who went on to lead L&T Infotech as its CEO after leaving Wipro, said that Premji has the knack of identifying talent, nurturing it and giving it space to grow
 "Azim Premji, an inspiration in business world, a role model in philanthropy")
Individuals lead the way in philanthropy, even as firms' contribution falls
Contribution from foreign sources, domestic corporations has slowed
 "Individuals lead the way in philanthropy, even as firms' contribution falls")
A question of trusts
With the income tax department cancelling Tata Trusts registration, the first of a two-part article examines the flaws in the laws governing charitable trusts
 "A question of trusts")
