HOUSE OVERSIGHT 019428 No breaking news Back to top Philanthropy — Full text articles Philanthropy: the givers club Cordelia Jenkins— Livemint and the Wall Street Journal On Friday, around 60 prospective philanthropists attended the "First Givers Club" summit in Delhi run by the online philanthropic donation forum Givelndia. While the club has existed in Mumbai since 2010, said Dhaval Udani, Givelndia's CEO, this was their first foray into the capital city. Mint was the media partner of the event. "With this club, we wanted to create a platform for like-minded individuals to build a community of donors who share knowledge and vision; it will also help to facilitate giving effectively," Udani told his audience. "Our aim is to help you get more exposure and awareness of the different aspects of philanthropy; over the last three years this club has helped channel more than Rs.18 crore to the lives of more than 10,000 underprivileged in India." Rakesh Bharti Mittal, vice-chairman and managing director of Bharti Enterprises, along with speakers Anu Aga of Thermax and Amit Chandra of Bain Capital gave their perspectives on how and where to give effectively and on the future of Indian philanthropy. Edited excerpts: Rakesh Mittal set up the Satya Bharti school programmes in 2006. The aim was to set up 500 primary and 50 secondary schools of its own with a corpus of Rs.200 crore. After that, state governments began reaching out and Bharti began adopting government schools, creating a public-private partnership in delivering quality education to rural children. "Given the new companies Bill, which has been passed by Parliament, I assume within the next two three months the rules will be finalized; there is going to be a mad rush for seeking funding. Already, I get a letter every other day for supporting a cause. If I see corporates have been very powerful instruments and drivers of philanthropy, this comes from the wider wealth creation and management r