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28.3%First documentOur Philosophy | Shivnadar FoundationOpen original ↗
Second documentTransformational Leadership In Education - Vision & MissionOpen original ↗
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Creative Philanthropy
Looking beyond the conventional ‘corrective philanthropy’ approach, where gaps are identified and addressed through time-bound, project-based, large-scale initiatives, Shiv Nadar envisages ‘creative philanthropy’ as a means towards sustainable high-impact socio-economic transformation. This model affords sustained institutionalized philanthropy as a lasting force multiplier that impacts associated individuals and society en masse.
Key Pillars:
Creative vs. Corrective: Looking beyond the ‘corrective philanthropy’ approach, where issues are identified and addressed through time-bound, project-based initiatives, the Shiv Nadar Foundation is driven by ‘creative philanthropy’ as its guiding philosophy to achieve sustainable, high-impact socio-economic transformation. This model affords sustained institutionalized philanthropy as a lasting force multiplier that impacts associated individuals and society en masse.
Transparency and Governance
The working practices align with a set of stringent policies, including committee charters, standards of independence, and a code of ethics that ensure the philanthropic objectives are met unwaveringly. The board works autonomously as an authority that oversees, develops, and approves the core strategies, objectives, funding policies, budget allocation, and monitoring and reviewing of regulatory standards, with a keen focus on statutory and operational transparency.
Key Pillars:
Transparency and Governance: As an organization, the board of trustees and the management at Shiv Nadar Foundation work towards ensuring that the Foundation functions with optimal responsibility and the highest standards of functional transparency and governance. With transparency at the core of its operations, Shiv Nadar Foundation is one of the few private foundations in India that publishes an annual report with audited financial figures. The working practices align with a set of stringent policies, including committee charters, standards of independence, and a code of ethics that ensure the philanthropic objectives are met unwaveringly.
Transparency and Governance
As an organisation, the Shiv Nadar Foundation focuses on transparency and governance as an embedded work flow paradigm. Together, the board of trustees and the management work towards ensuring that the Foundation functions with optimal responsibility and with the highest standards of functional transparency and governance.
Key Pillars:
Transparency and Governance: As an organization, the board of trustees and the management at Shiv Nadar Foundation work towards ensuring that the Foundation functions with optimal responsibility and the highest standards of functional transparency and governance. With transparency at the core of its operations, Shiv Nadar Foundation is one of the few private foundations in India that publishes an annual report with audited financial figures. The working practices align with a set of stringent policies, including committee charters, standards of independence, and a code of ethics that ensure the philanthropic objectives are met unwaveringly.