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Business Economy

Candid, CSIP launch Philanthropy in India portal to provide info on philanthropy

New Delhi, Feb 24 (UNI) Candid, in partnership with the Centre for Social Impact and Philanthropy (CSIP) of Ashoka University, has launched 'Philanthropy in India', a one-of-its-kind website that provides the most comprehensive information available on Indian philanthropy.
India is home to one of the fastest-growing social sectors in the world. Yet, despite its growth in recent years, the overall size, contribution, and impact of philanthropic activity in India remains mostly unknown. Candid’s Philanthropy in India website aims to address this void. The website includes a dashboard that gives a high-level snapshot of how funding flows; a funding map that shows in-depth data; reports, insights, and other resources that highlight philanthropic work in India, Candid said in a statement issued on Wednesday.
Bradford Smith, president at Candid, says, "The philanthropy sector in India is experiencing substantial growth. This website supports the robust philanthropic work that’s already occurring in the country. It will help people and organisations make informed decisions and efficiently work together to promote the causes that matter most to the Indian philanthropic community."
Funders both within and outside India can use Philanthropy in India to find other funding organisations supporting the causes they care about and learn about their work to make a change or collaborate. Analyzing trends and identifying funding gaps for an informed development of program strategies, will be another big advantage, by making knowledge produced from the field easily accessible, it added.
Ingrid Srinath, Director at the Centre for Social Impact and Philanthropy (CSIP), said: "The lack of reliable data on philanthropy hampers decision-making and prevents the effective allocation of scarce resources. CSIP is pleased to support this pioneering effort by Candid to fill this gap."
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