In the case of developing countries like ours, there is a dire need of more philanthropic investments to enable change and to speed up growth for more sustainable results. Countries like India where socio economic dynamics are complex and multifaceted need Institutional support for more comprehensive growth and development. Such development initiatives and projects are planned over several years of continuous efforts to achieve the desired change and impact within a society.
Institutional funding is usually in the form of large grants and monetary support to organizations for such large-scale work that involves extensive budgetary support. It is the continuous support from institutional donors that ensures stability and allows more systemic and sustainable change through policy reforms, advocacy, research, and new methodologies of intervention. Such funding is therefore vital in enlarging the canvas of outreach to national and international levels to ensure equal opportunities to human beings to achieve their full potential.
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