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Thoghts on philanthropy

Published: Dec 31, 2018 01:26:30 PM IST
Updated: Dec 31, 2018 01:38:11 PM IST

Thoghts on philanthropyImage: Rebecca Cook / Reuters
The competition between me and Bill Gates, probably: Who can spend money more effectively that can do better philanthropy.
—Jack Ma

I feel that India lacks a level of philanthropy that is proportional to the wealth that is here, particularly among the top 5,000 industrialists and entrepreneurs.
—Romesh Wadhwani

Philanthropy is no longer about writing a cheque for $10,000 to the opera.
—Jacqueline Novogratz

India’s connection with philanthropy didn’t begin with Western influences.
It is age-old and ingrained in our value systems.
—Shiv Nadar

You cannot mandate philanthropy. It has to come from within, and when it does, it is deeply satisfying.
—Azim Premji

Philanthropy without scale and sustainability is like any other bad business that will simply wither and die on the vine.
—Naveen Jain

Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
—Michael Porter

Philanthropy should be voluntary.
—Bill Gates

Unfortunately, the mechanism for doing philanthropy in a structured way isn’t yet in place in India. I already do a fair bit and support various causes such as education, sanitation, health. But selling costly drugs at affordable prices is philanthropy in itself.
—Yusuf Hamied

With few exceptions, the leading women in philanthropy, notably Melinda Gates, are the wives or daughters of rich and powerful men.
—Kavita Ramdas

My theme for philanthropy is the same approach I used with technology: To find a need and fill it.
—An Wang

(This story appears in the 04 January, 2019 issue of Forbes India. To visit our Archives, click here.)

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