Why millionaires are giving away their wealth
This story was selected by TOI Guest Editor Bill Gates.
BENGALURU: “I didn’t know I was going to become this rich,” says philanthropist Rohini Nilekani, when asked what moves her to give, “but when it became clear that I would come into money, I
wanted to do good.” The first chunk of Rs 100 crore that she got from the sale of Infosys shares in 2013 went entirely into Arghyam Foundation that works on water and sanitation, which she set up in 2001.
Keywords
You may also want to read
Funding Hope and Wellbeing | Rohini Nilekani & Melinda French Gates
In this insightful conversation, Rohini Nilekani, Chairperson of Rohini Nilekani Philanthropies, engages in a heartfelt conversation with Melinda French Gates, Founder of Pivotal Ventures, about the power of wellbeing to inspire welldoing. As[...]
IDR | Do finance and compliance in the social sector need a makeover?
Complex and changing financial rules often make it difficult for nonprofits to sustain their work. To turn finance into a strength rather than a burden, organisations need better training, peer[...]
IDR | Connection, not abstraction
Philanthropy’s most important role is not to abstract solutions by distilling them into replicable frameworks. It is to nurture the connections that make them possible. – By Gautam John (CEO,[...]