Home CATEGORIES Business Ethics & Philanthropy Azim Premji, Nandan Nilekani among Top Philanthropists of 2021

Azim Premji, Nandan Nilekani among Top Philanthropists of 2021

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With a donation of a steep Rs. 9,713 crore, Azim Premji & family – the founder chairman of Wipro – tops the EdelGive Hurun India Philanthropy List 2021. This is EdelGive and Hurun India’s 8th annual ranking of the most generous individuals of our nation.
EdelGive Foundation has partnered with Hurun India towards creating this report to understand philanthropic giving in the country from a data and evidence point of view. The report is not only significant in understanding data of giving but also throws light on the sectors and geographies that are at the receiving end of this giving. It follows on from the Hurun India Rich List, a ranking of 1,007 richest individuals in India, released in September 2021 for the tenth year.

Top philanthropists of 2021

In June 2021, The Azim Premji Foundation nearly doubled its allocation towards the pandemic from Rs. 1,125 crore to Rs. 2,125 crore to expand work on vaccination across ten states, with a commitment to increase this further if the need demands.
Rank Name Donation  (INR Cr) Change % Primary Cause Company 3yr Donation (INR Cr)
1(-) Azim Premji & family 9,713 23% Education Wipro 18,070
2(-) Shiv Nadar & family 1,263 59% Arts, Culture & Heritage HCL Technologies 2,884
3(-) Mukesh Ambani & family 577 26% Education Reliance Industries 1,437
4(-) Kumar Mangalam Birla & family 377 47% Healthcare Aditya Birla 732
5(+2) Nandan Nilekani 183 15% Societal Thinking Infosys 546
6(+2) Hindujafamily 166 25% Education Hinduja 351
7(+3) Bajaj family 136 83% Healthcare Bajaj 341
8(+1) Gautam Adani & family 130 48% Disaster Relief Adani 302
8(-3) Anil Agarwal & family 130 -40% Disaster Relief Vedanta 458
10(+24) Burman family 114 502% Healthcare Dabur India 151
HCL Technologies founder-chairman Shiv Nadar & family retains the 2nd spot. As of 2021, Nadar has invested almost a billion US dollars through his foundation to impact over 30,000 students directly. In 2021 alone, the Shiv Nadar foundation donated Rs. 70 core towards COVID relief. With a donation of Rs. 557 crore, Mukesh Ambani & family of Reliance Industries, occupies the 3rd spot. RIL produced over 1000 MT of medical-grade liquid oxygen per day or 11% of India’s total production and supplied over 55,000 MT of medical-grade liquid oxygen across the country free of cost.
With a donation of Rs. 377 crore, Kumar Mangalam Birla & family ranks 4th on the list. The Aditya Birla Group donated Rs. 400 crore to the PM CARES Fund and Rs. 50 crore to FICCI-Aditya Birla CSR Centre for Excellence. Birla has also allocated Rs. 50 crore for supplying N95 Masks, PPE’s and ventilators in India. Infosys’s Nandan Nilekani ranks 5th. He donated Rs. 138 crore for Societal Thinking in FY 2021. Nandan and Rohini Nilekani signed the Giving Pledge in 2017 and committed to donating half of their wealth towards philanthropy.

Tech and pharma entrepreneurs were most generous

Said Anas Rahman Junaid, MD and Chief Researcher, Hurun India, “The cumulative donation in EdelGiveHurun India Philanthropy List has grown from just under Rs. 2,500 crore to more than Rs. 14,750 crore today. Entrepreneurs from Pharmaceutical and Software & Services sectors, which are the top wealth creators in Hurun India Rich List 2021, have interestingly secured the top position in terms of cumulative value of donations too. Some of the tech entrepreneurs, who I have interacted with, are in the process of finalising substantial ‘giving back’ plans to causes ranging from education to climate change. For instance, the Kamath brothers of Zerodha have plans to give back Rs. 750 crore over the next three years. I expect to see more such new wealth creators turned givers gaining a spot in the future editions of EdelGiveHurun India Philanthropy Lists.”
C-level executives have been playing a very impactful role in Indian philanthropy. Said Mr. Junaid, “This year’s list includes AM Naik who donated Rs. 112 crore and Amit Chandra and Archana Chandra who have donated Rs. 19 crore. This is impressive considering the fact that they are amongst the top 100 philanthropists in the country – ahead of more than 900 individuals who featured on the Hurun India Rich List.”

Culture of giving back

“Indian wealth creators have the potency to enable philanthropic structures, systems and processes for overall nation building. It is important to speak about these inspiring philanthropic stories and incite motivational action auguring India’s pace of ‘giving back’ to the society. We need to create forums to celebrate such efforts so that it percolates down to every level of the community and encourages us to embrace the spirit of altruism and humane-living,” concluded Anas Rahman Junaid.

Most preferred Philanthropic Cause – 2021

The preferred cause of India’s top philanthropists has been Education, although on the back of Covid-19, Disaster Relief has grown dramatically to become the second most popular cause this year. With 65% of donations, Education remains the most favoured philanthropic cause, followed by Disaster Relief & Management (13%) and Health Care (6%).
Rank Cause Total Donation (INR Cr) No. of Donors Change % Highest Donor Highest Individual Donation for the cause (INR Cr)
1 Education 9,658 72 4% Azim Premji 8,501
2 Disaster Relief 1,915 60 433% Azim Premji 1,179
3 Health Care 859 65 14% Mukesh Ambani 182
4 Arts, Culture & Heritage 747 26 New Shiv Nadar 721
5 Rural Transformation 167 42 -39% Azim Premji 62
6 Societal Thinking 146 2 35% Nandan Nilekani 138
7 Environment & Sustainability 132 44 -27% Azim Premji 24
8 Livelihood Enhancement 80 24 -20% Bajaj family 30
9 Social Development 50 11 New Nandan Nilekani 34
10 Sports For Development 44 29 -31% Mukesh Ambani 25

CSR spent beyond the prescribed 2%

Here are some of the companies that spent more than the government-mandated 2% towards CSR.
Rank Company Key Person Prescribed CSR (INR Cr) Actual CSR (INR Cr)
1 Aurobindo Pharma PV Ramprasad Reddy 4.4 54
2 UPL Rajju Shroff 10 100
3 Cadila Healthcare Pankaj Patel 25 79
4 Vedanta Anil Agarwal 17 39
5 Sun Pharmaceutical Industries Dilip Shanghvi 13 27
6 Grasim Industries Kumar Mangalam Birla 45 85
7 Aditya Birla Fashion & Retail Kumar Mangalam Birla 1 2
8 UltraTech Cement Kumar Mangalam Birla 73 120
9 Glenmark Pharmaceuticals Glenn Saldanha 31 49
10 Wipro Azim Premji 166 251

CSR spend growing at a CAGR of 15%

Government, Civil Society, and the Corporate are the three distinct pillars sustaining the nation-building process. Corporate Social Responsibility is moving away from cheque book charity donations to a more long-term strategic engagement. The cumulative CSR spend of BSE 200 companies has grown from Rs. 5,561 crore FY15 to Rs. 12,069 crore in FY21.
CSR spending of BSE 200 companies (INR crore) - Hurun
CSR spending of BSE 200 companies (INR crore)

Unspent CSR

The proportion of unspent capital has been on the decline since FY15. The shortfall in spending was 5% of the total spend or Rs. 628 crore in FY21. The gap stood at 30% in FY15.
Hurun - Unspent CSR BSE 200 companies
Unspent CSR BSE 200 companies

Sectors donating most towards corporate CSR

With Rs. 2,329 crore CSR spend Oil & Gas leads followed by Software & Services with Rs. 1,671 crore and Banks with Rs. 1,455 crore.
Rank Industry Number of Companies Cumulative Spend FY 21 Cumulative Excess Spend FY 21 3yr Average Profit (%)
1 Oil & Gas 11 2,329 214 1.8%
2 Software & Services 10 1,671 99 2.1%
3 Banks 19 1,455 94 2.5%
4 Utilities 11 954 180 2.5%
5 Other Financial Services 17 911 65 2.0%
6 Metals & Mining 8 816 174 2.1%
7 Automobiles & Components 13 671 6 1.9%
8 Pharmaceuticals 21 512 155 2.7%
9 Food, Beverages & Tobacco 7 465 1 2.0%
10 Capital Goods 13 425 47 2.0%

Source: Hurun Research Institute; EdelGiveHurun India Philanthropy List 2021

Complete list – EdelGive Hurun India Philanthropy List 2021

Rank Name Donation

INR crore

Primary Cause Company
1 Azim Premji & family 9,713 Education Wipro
2 Shiv Nadar & family 1,263 Education HCL Technologies
3 Mukesh Ambani & family 577 Education Reliance Industries
4 Kumar Mangalam Birla & family 377 Healthcare Aditya Birla
5 Nandan Nilekani 183 Societal Thinking Infosys
6 Hinduja family 166 Education Hinduja
7 Bajaj family 136 Healthcare Bajaj
8 Anil Agarwal & family 130 Disaster Relief Vedanta
8 Gautam Adani & family 130 Disaster Relief Adani
10 Burman family 114 Healthcare Dabur India
11 AM Naik 112 Healthcare Larsen & Toubro
12 Sudhir Mehta & Samir Mehta 98 Disaster Relief Torrent Pharmaceuticals
13 Godrej family 80 Disaster Relief Godrej
14 Rohini Nilekani 69 Environmental Sustainability Rohini Nilekani Philanthropies
15 B Parthasaradhi Reddy & family 67 Disaster Relief Hetero Labs
16 Anand Mahindra & family 63 Education Mahindra & Mahindra
17 Pankaj Patel & family 59 Healthcare Cadila Healthcare
18 Cyrus S Poonawalla & Adar Poonawalla 58 Education Serum Institute of India
19 RakeshJhunjhunwala 50 Education Rare Enterprises
19 S Gopalakrishnan & family 50 Healthcare Infosys
21 George Jacob Muthoot, George Thomas Muthoot, Sara George Muthoot, George Alexander Muthoot & family 40 Education Muthoot Finance
22 Dilip & Anand Surana 39 Healthcare Micro Labs
23 SD Shibulal & family 35 Healthcare Infosys
24 P P Reddy & family 33 Disaster Relief Megha Engineering & Infrastructures
24 Sanjiv Goenka & family 33 Education CESC
26 PV Krishna Reddy & family 32 Disaster Relief Megha Engineering & Infrastructures
27 Benu GopalBangur &  family 29 Education Shree Cement
27 Hasmukh Chudgar & family 29 Education Intas Pharmaceuticals
29 Rajiv Kumar & Ravinder Kumar 28 Disaster Relief DharampalSatyapal
29 Rajju Shroff & family 28 Disaster Relief United Phosphorus
29 Vikram Lal & family 28 Education Eicher Motors
32 Kalanithi Maran 27 Education Sun TV Network
32 RadhakishanDamani& family 27 Education Avenue Supermarts
34 Akshay Kumar 26 Disaster Relief Entertainment
35 Nithin Kamath & Nikhil Kamath 25 Disaster Relief Zerodha
36 Leena Gandhi Tewari 24 Healthcare USV
37 PV Ramprasad Reddy & family 23 Healthcare Aurobindo Pharma
37 Ronnie Screwvala & family 23 Rural Development Unilazer Ventures
39 Glenn Saldanha & family 22 Education Glenmark Pharmaceuticals
39 Kochouseph Chittilappilly & family 22 Disaster Relief V-Guard Industries
41 Uday Kotak 21 Education Kotak Mahindra Bank
42 Anu Aga & family 20 Education Thermax
43 Amit and Archana Chandra 19 Environmental Sustainability A.T.E. Chandra Foundation
43 Madhukar Parekh & family 19 Rural Development Pidilite Industries
43 Shri Ram Beriwala & Shyam Sunder Beriwala 19 Healthcare Shyam Steel
46 Harish Shah & family 18 Healthcare Signet Excipients
46 Murali K Divi & family 18 Healthcare Divi’s Laboratories
48 Ranjan Pai & family 17 Education Manipal Education & Medical
48 Sameer Gehlaut & family 17 Healthcare Indiabulls Housing Finance
50 Manju D Gupta & family 16 Rural Development Lupin
50 Nusli Wadia & family 16 Healthcare Britannia Industries
50 RajanRaheja & family 16 Healthcare Exide Industries
50 Sajjan Jindal & family 16 Healthcare JSW Steel
50 Yusuf Hamied & family 16 Healthcare Cipla
55 Amitabh Bachchan 15 Disaster Relief Entertainment
55 Ashwin Dani & family 15 Skill Development Asian Paints
55 Basant Bansal & Roop Kumar Bansal 15 Financial Inclusion M3M India
55 Dilip Shanghvi 15 Disaster Relief Sun Pharmaceutical Industries
59 Binny Bansal 14 Education Investments
60 Ajay S Shriram & family 13 Healthcare DCM Shriram
60 Lachman Das Mittal & family 13 Education International Tractors
62 Chirayu R Amin & family 12 Education Alembic Pharmaceuticals
62 Harsh Mariwala & family 12 Societal Platforms Marico
62 Kuldip Singh Dhingra & Gurbachan Singh Dhingra 12 Skill Development Berger Paints
62 Radha Vembu 12 Disaster Relief Zoho
66 Arvindkumar Poddar & family 11 Education Balkrishna Industries
66 Harsh Vardhan Goenka & family 11 Healthcare RPG Enterprises
66 LN Mittal & family 11 Disaster Relief HPCL-Mittal Energy
66 Vinod Kumar Agarwal 11 Healthcare Agarwal Coal
70 Acharya Balkrishna 10 Disaster Relief PatanjaliAyurved
70 Baba Kalyani & family 10 Rural Development Bharat Forge
70 Joy Alukkas & family 10 Healthcare Joy Alukkas
73 Balkrishan Goenka & family 9 Livelihood Enhancement Welspun India
73 Kiran Mazumdar Shaw 9 Education Biocon
73 Mangal Prabhat Lodha 9 Healthcare Macrotech Developers
73 Mannalal B Agrawal & family 9 Healthcare Ajanta Pharma
73 MukeshJagtiani & family 9 Healthcare Lifestyle International
73 Pawan Kant Munjal & family 9 Disaster Relief Hero MotoCorp
73 Rajendra Vallabhaji Gogri & Chandrakant Vallabhaji Gogri 9 Rural Development Aarti Industries
73 Vembu Sekar 9 Disaster Relief Zoho
81 Prakash Chhabria & Ritu Chhabria 8 Healthcare Finolex Cables
81 Rajinder Gupta & family 8 Education Trident
81 Renu Munjal & family 8 Disaster Relief Hero MotoCorp
81 Suman Kant Munjal & family 8 Disaster Relief Hero MotoCorp
81 VC Nannapaneni & family 8 Healthcare Natco Pharma
81 VP Nandakumar & family 8 Education Manappuram Finance
87 Bhadresh Shah & family 7 Arts & Culture AIA Engineering
87 Rajiv Singh & family 7 Healthcare DLF
87 Ratan Jindal & family 7 Education Jindal Stainless (Hisar)
90 Arun Vijay Nathani & family 6 Education Cybage Software
90 B L Taparia & family 6 Education Supreme Industries
90 K P Ramasamy & family 6 Education KPR Mill
90 Shyam Bhartia & Hari Bhartia 6 Disaster Relief Jubilant Foodworks
90 SP Oswal & family 6 Healthcare Vardhman Textiles
95 Anand Deshpande 5 Disaster Relief Persistent Systems
95 Anurang Jain & family 5 Skill Development Endurance Technologies
95 Arun Bharat Ram & family 5 Education SRF
95 K Nithyananda Reddy 5 Disaster Relief Aurobindo Pharma
95 K Satish Reddy & family 5 Livelihood Enhancement Dr. Reddy’s Laboratories
95 Kavita Yadupati Singhania & family 5 Environmental Sustainability JK Cement
95 Onkar Kanwar & family 5 Healthcare Apollo Tyres
95 Pritviraj Jindal & family 5 Healthcare JSW Steel
95 Ravi Kant Jaipuria & family 5 Education Varun Beverages
95 Sanjeev Jain & Sandeep Jain 5 Education Akums Drugs & Pharmaceuticals
95 Sunil Mittal & family 5 Education Bharti Airtel