Indian Americans donated more than £25,000 crore ($ 3 billion) at US universities since 2008, revealing a new report from IndiaSpora.
The report that builds on the Indian’s impact report 2024 with Boston Consulting Group emphasizes how Indian American philanthropy helps to shape the future of higher education in the United States. Many of these donors – successful experts, entrepreneurs and academics – attribute their own university experience in the US as a launchpad for their career.
“By investing universities, Indian American donors who appreciate education, they give their money where their mouths are,” said Mr. Rangaswami, founder and chairman of the Indaspory. “They also make a wider statement – that they believe in the American future and want to provide an opportunity for all.”
Post Indian Diaspora
- 78% of Indian Americans have a bachelor’s or higher title – far above the national average.
- About 270,000 Indian students are currently studying at American universities.
- These students almost contribute £83,000 crore ($ 10 billion) to the US. Economy every year, support over 93,000 jobs.
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Gifts
Since 2008, Indian Americans have contributed £25,000 crore for us. universities.
The largest share of gifts has been in medical and health sciences, engineering and business education. Cultural protection is also the main area with £1 170 Crore ($ 140 million) Contribution to cultural programming, including Foundations for South Asian, Hindu and Indian studies.
One example is the donation of Sumir Chadha at the University of Princeton, which helped establish a center for global India Chadha.
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Who donated what?
While many gifts went to elite universities, Indian American philanthropy stretches across the country and behind Ivy League.
- In Texas, Satish and Yasmin Gupta, they financed programs that support insufficiently represented students and the business leader of tomorrow.
- In Ohio, Monte Ahuja was a champion of public universities.
- In Florida, Dr. Kiran and Pallavi Patel, invested a significant amount of medical education and changed access to health care in the state.
- In New York, Chandrice and Ranjan Tandon’s £8,300 Crore ($ 100 million) gift at NYU School of Engineering made subtitles as one of the biggest ever.
- In Yale, former CEO of Pepsico Indra Nooyi £4 150 Crore ($ 50 million) The gift at School of Management is one of the greatest gifts in the history of business education.
- Technical entrepreneur DESS DESHPANDE provided premature gifts and £In 2002, MIT in 2002 was founded by a 1,660 crore ($ 20 million), founded the Deshpande technological innovation.
The building of an inheritance
Indiaspora also emphasized the contributions of community members such as Deepak Raj, Niraj Shah, Raj Gupta and outside Harinarayan, who all provided considerable gifts for education.
“It’s not just about giving money,” said Sanjeev Joshapura, Executive Director of IndiaSpory. “It is about building a permanent legacy – one that multiplies over time, returns society and ensures that US universities continue to lead in education, innovation and social progress.”
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The report notes that this “flywheel effect” of philanthropy often reflects the professional ways of donors, such as healthcare, engineering and business.
Indian Americans also support community universities, city universities and public schools and help extend access to quality education for Americans of all backgrounds.
Given that the Indian US community continues to increase influence across technology, business, academic community, its impact on higher education, both financial and intellectual, is further prepared to grow.
(Tagstotranslate) Indian Americans
