# Dollar-millionaires in India

- Link: https://fundraising.co.uk/2008/11/20/dollarmillionaires-india/
- Published: 2008-11-20T16:47:19+00:00
- Author: Finbar Cullen

I see from the latest (free) edition of Wealth Bulletin (www.wealth-bulletin.com)
that Barclays Wealth recently predicted the number of dollar-millionaires in India
to grow from the current mere 100,000 to over 400,000 by 2017. Wow. It reminds me
of a presentation I attended a few years ago, including input from Help the Aged
UK on “Diaspora Fundraising”. That’s some fundraising market. How many grant-making
trusts are there, and do any of the people on our rich lists, etc., (that would 
be some rich list!) already have their own grant-making trusts? An internet search
reveals information on a few, but a register would be handy.

The Charity Commission “portal for national and international best practice” (www.
NGOregnet.org) still doesn’t include any information on NGO laws and regulation 
for India, but hopefully they’ll get including some more up to date information 
soon.

In 2004, A Review of Charities Administration in India, undertaken by the Sampradaan
Indian Centre for Philanthropy recommended that there be a public register of charities,
with a portal similar to that operated by GuideStar, to make information available
to members of the public. I note that GuideStar International has an initiative 
in India, (www.guidestarinternational.org/india) operated jointly by GuideStar International
and Murray Culshaw Consulting (MCC), a private consulting group based in Bangalore.
The MCC website (www.fundraising-india.org) includes database of 9,000 voluntary
organisations in India. Mind you, I couldn’t search it today. I shall check it out
again later.

## Advertisement

 [⌊Posthub advert. You create the campaign. We'll handle the postal journey. Get started at post-hub.co.uk.⌉](https://fundraising.co.uk/ads/posthub-20261007-300x250/)

Finbar Cullen

Research**Plus**

 * **[Searching the Charity Commission website for trustees, patrons, beneficiaries, etc](https://fundraising.co.uk/2008/12/02/searching-charity-commission-website-trustees-patrons-beneficiaries-etc/)**(
   2 December 2008)
 * **[(some) UK Corporate Foundations](https://fundraising.co.uk/2008/12/11/some-uk-corporate-foundations/)**(
   11 December 2008)
 * **[Clifford Chance is asking each of its 400 equity partners for an average of £100,000](https://fundraising.co.uk/2009/01/09/clifford-chance-asking-each-its-400-equity-partners-average-100000/)**(
   9 January 2009)