Philanthropy Pie Boosted Mainly by Individual, Family Contributions in FY 20: Report
While increasing marginally, the share of philanthropic contribution by domestic companies and foreign sources decreased in the overall pie in FY 20 in comparison to FY 19.
Representative image. Photo: Perry Grone/Unsplash, (CC BY-SA)
Business16/Mar/2021
New Delhi: The share of philanthropic contribution by domestic companies declined from 29% in FY’19 to 28% in FY’20 in the overall pie, according to the 11th edition of the India Philanthropy Report 2021.
The share of foreign funding, which has seen an increased scrutiny by the central government, has also declined from 31% in FY’19 to 25% in FY’20.
According to the latest
That is a 13.6% rise on the 2,253 recorded here in 2019.
The agency classifies anyone worth $30m (€25m) as a UHNWI.
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Meanwhile, it takes more money to join the richest 1% in Ireland than it does anywhere else in the EU.
The report found that you need €2.6m to join Ireland’s 1% - with France and Germany just behind on €21.m and €2m respectively.