{"id":9625,"date":"2011-07-14T05:07:50","date_gmt":"2011-07-14T05:07:50","guid":{"rendered":""},"modified":"2011-07-14T05:07:50","modified_gmt":"2011-07-14T05:07:50","slug":"Enabling-Indian-Diaspora-Philanthropy-","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=9625","title":{"rendered":"Enabling Indian Diaspora Philanthropy"},"content":{"rendered":"<p><a href=\"http:\/\/www.give2asia.org\">Give2Asia<\/a> released a new report that looks at the challenges and trends of diaspora donors giving to India. Here are some of the highlights from the report, <strong>Enabling Indian Diaspora Philanthropy:<\/strong><\/p>\n<p><strong>* Nearly 2.7 million people of Indian origin reside in the US<\/strong>, making it the third largest Asian American population. <\/p>\n<p><strong>* Over $2.3 billion was received by some 12,400 non- governmental organizations in India from overseas sources in 2008-09, an increase of nearly 12% over the previous year.<\/strong> Of this, nearly $740 million came from the United States alone, making it the single largest contributor. Diaspora remittances to India are the highest in the world at an estimated $49.3 billion in 2009.<\/p>\n<p><strong>* The Indian government has also recognized the financial and intellectual power of its diaspora<\/strong>, and has been actively seeking to encourage its business and philanthropic investments.<\/p>\n<p><strong>* There are challenges to giving to India though. They include:<\/strong> (1) lack of information about good organizations; (2) lack of trust in intermediaries and grantees; (3) India has a complicated legal process for non-profits wishing to accept foreign funds; and (4) and many of the funds to India are concentrated in certain parts of the country.<\/p>\n<p><strong>* Give2Asia has seen some recent trends in private giving:<\/strong> (1) public-private partnerships in India are increasing, an example is the creation of the Public Health Foundation of India; (2) donors are focusing on localized high-impact philanthropy; (3) donors are not only giving annually but they are making endowment gifts; and (4) social investments are on the rise.<\/p>\n<p>To read the full report, you can download it <a href=\"http:\/\/www.give2asia.org\/documents\/Give2Asia-IndiaDiasporaGiving-Report.pdf\">here<\/a>.<br \/>\n<!--break--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Give2Asia released a new report that looks at the challenges and trends of diaspora donors giving to India. Here are<\/p>\n","protected":false},"author":1,"featured_media":66637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_container_layout":"default_layout","colormag_page_sidebar_layout":"default_layout","footnotes":""},"categories":[1],"tags":[],"class_list":["post-9625","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-150x150.jpeg","medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-300x200.jpeg","medium_large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-768x512.jpeg","large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download.jpeg","1536x1536":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download.jpeg","2048x2048":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download.jpeg","colormag-highlighted-post":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-392x272.jpeg","colormag-featured-post-medium":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-390x205.jpeg","colormag-featured-post-small":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-130x90.jpeg","colormag-featured-image":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-800x445.jpeg","colormag-default-news":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-150x150.jpeg","colormag-featured-image-large":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-1024x600.jpeg","colormag-elementor-block-extra-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-1024x480.jpeg","colormag-elementor-grid-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-600x417.jpeg","colormag-elementor-grid-small-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-285x450.jpeg","colormag-elementor-grid-medium-large-thumbnail":"https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-575x198.jpeg"},"magazineBlocksPostAuthor":{"name":"Admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/53e6cdc30765aade0129f85e5aeb50124b1d3f5bb9a70373be31e4eb328371e0?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"Give2Asia released a new report that looks at the challenges and trends of diaspora donors giving to India. Here are","magazineBlocksPostCategories":["News"],"magazineBlocksPostViewCount":132,"magazineBlocksPostReadTime":2,"magazine_blocks_featured_image_url":{"full":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download.jpeg",1024,683,false],"medium":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-300x200.jpeg",300,200,true],"thumbnail":["https:\/\/asiancemagazine.com\/wp-content\/uploads\/2013\/12\/download-150x150.jpeg",150,150,true]},"magazine_blocks_author":{"display_name":"Admin","author_link":"https:\/\/asiancemagazine.com\/?author=1"},"magazine_blocks_comment":0,"magazine_blocks_author_image":"https:\/\/secure.gravatar.com\/avatar\/53e6cdc30765aade0129f85e5aeb50124b1d3f5bb9a70373be31e4eb328371e0?s=96&d=mm&r=g","magazine_blocks_category":"<a href=\"#\" class=\"category-link category-link-1\">News<\/a>","_links":{"self":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/9625","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9625"}],"version-history":[{"count":0,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/posts\/9625\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=\/wp\/v2\/media\/66637"}],"wp:attachment":[{"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9625"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9625"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/asiancemagazine.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9625"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}