After the Companies Act, 2013, many family-owned businesses have set up foundations that are at times also used to deploy personal wealth for philanthropy. More evolved Next Generation Philanthropists (NGPs) have established tight governance structures, and...
For philanthropic families, the transition of decision-making and wealth can be a critical and challenging period. Given that respect for and deference to elders is a core family value in India, conversations to redefine philanthropy for...
