INTERNATIONAL INSTITUTE FOR HIGHER EDUCATION RESEARCH & CAPACITY BUILDING IIHEd Institution Building for Nation Building O.P. JINDAL GLOBAL UNIVERSITY IIHEd Roundtable Series Conversations on Philanthropy Participants at the IIHEd Roundtable Conference on Philanthropy: Education and Corporate Social Responsibility, Mumbai, 2017. Participants at the IIHEd Roundtable Conference on Philanthropy: Education and Corporate Social Responsibility, Mumbai, 2017. Ÿ Ÿ Ÿ Ÿ Ÿ Ÿ I am grateful to all distinguished participants in the panel discussions as well as JGU faculty members and staff for providing leadership and organisational support in holding this important conference. It was quite a unique opportunity for O.P. Jindal Global University (JGU) and the International Institute for Higher Education Research & Capacity Building (IIHEd) to host two roundtable conferences, the first one in Delhi, followed This report would not have been possible without the leadership support of Professor Yugank Goyal, who has been the by one in Mumbai which was organised in collaboration with the Indian School of Management and driving force behind this report. I would also like to acknowledge the significant writing and organisational support Entrepreneurship (ISME). Each of the conferences brought academia, policy experts and industry together to discuss that Ms. Nandita Koshal, Senior Research Fellow, IIHEd provided in drafting this report. I would also like to thank the future of corporate philanthropy in India. In these roundtables, they have identified and reflected on some of the Mr. Rajiv Jayaram, Editor, IIHEd for his editorial contributions. challenges in understanding the role, evolution and impact of the philanthropy. It is interesting to note that JGU, which was established in 2009, itself was a creation of corporate philanthropy Professor (Dr.) C. Raj Kumar towards institution-building for nation-building. About a decade ago, I had the privilege of meeting our Founding Founding Vice Chancellor Chancellor, Mr. Naveen Jindal, and in our meeting, we discussed a philanthropic initiative on his part to build a O.P. Jindal Global University world-class university on a not-for-profit basis in India. He agreed, and readily accepted to allow the university the Director, International Institute for Higher Education Research & Capacity Building (IIHEd) academic freedom, autonomy and independence that will contribute towards making this dream a reality. It was rare in the history of India that a business leader took the extraordinary plunge towards making a contribution towards higher education. It was indeed a bold and courageous step by Mr. Jindal in opening a new chapter in the history of Indian philanthropy. It is noteworthy that the founders of some of the leading private universities in the world have been people who are motivated with the spirit of giving back to society and actively promoting innovation and progress. Following in the footsteps of many illustrious philanthropists in other parts of the world whose benefactions helped create great institutions of higher learning such as Harvard, Yale and Stanford, Chancellor Jindal established this institution as a tribute to his father, Shri O.P. Jindal. Through this philanthropic initiative, he has made a significant contribution to promoting excellence in higher education in India. He not only made an enormous financial commitment but also brought to this project his personal commitment and dedication to the ideas of academic freedom, functional autonomy and independence that have ensured that JGU has flourished since its founding. In the eight years since its founding, JGU has strived to provide a global and holistic educational experience for its students. At a time in India when we are faced with enormous challenges in our higher education sector, innovative solutions need to be found to address these challenges. Our biggest challenge has been to gain credibility as a serious institution of higher learning established through private philanthropy. We have made significant progress in the past eight years, and we will continue to invest our efforts in addressing the issues of quality, access, equity, transparency, and accountability in higher education. I am grateful to a number of people who supported the conference and indeed participated in it actively. I appreciate the encouragement and support of Ms. Shallu Jindal, Chairperson, JSPL Foundation, who by setting her own precedence has played a vital role in revitalising Indian corporate philanthropy. I deeply acknowledge the invaluable contributions of Ms. Marcy Schuck, Former Director of Corporate Fund Raising, Legal Aid Society of New York & Former Director of Development, East West Institute New York, Dr. Peter Schuck, Simeon E. Baldwin Professor of Law Emeritus, Yale University and Dr. Indu Shahani, Founding Dean, Indian School of Management and Entrepreneurship as these conferences would not have been possible without their kind support. I am grateful to all distinguished participants in the panel discussions as well as JGU faculty members and staff for providing leadership and organisational support in holding this important conference. It was quite a unique opportunity for O.P. Jindal Global University (JGU) and the International Institute for Higher Education Research & Capacity Building (IIHEd) to host two roundtable conferences, the first one in Delhi, followed This report would not have been possible without the leadership support of Professor Yugank Goyal, who has been the by one in Mumbai which was organised in collaboration with the Indian School of Management and driving force behind this report. I would also like to acknowledge the significant writing and organisational support Entrepreneurship (ISME). Each of the conferences brought academia, policy experts and industry together to discuss that Ms. Nandita Koshal, Senior Research Fellow, IIHEd provided in drafting this report. I would also like to thank the future of corporate philanthropy in India. In these roundtables, they have identified and reflected on some of the Mr. Rajiv Jayaram, Editor, IIHEd for his editorial contributions. challenges in understanding the role, evolution and impact of the philanthropy. It is interesting to note that JGU, which was established in 2009, itself was a creation of corporate philanthropy Professor (Dr.) C. Raj Kumar towards institution-building for nation-building. About a decade ago, I had the privilege of meeting our Founding Founding Vice Chancellor Chancellor, Mr. Naveen Jindal, and in our meeting, we discussed a philanthropic initiative on his part to build a O.P. Jindal Global University world-class university on a not-for-profit basis in India. He agreed, and readily accepted to allow the university the Director, International Institute for Higher Education Research & Capacity Building (IIHEd) academic freedom, autonomy and independence that will contribute towards making this dream a reality. It was rare in the history of India that a business leader took the extraordinary plunge towards making a contribution towards higher education. It was indeed a bold and courageous step by Mr. Jindal in opening a new chapter in the history of Indian philanthropy. It is noteworthy that the founders of some of the leading private universities in the world have been people who are motivated with the spirit of giving back to society and actively promoting innovation and progress. Following in the footsteps of many illustrious philanthropists in other parts of the world whose benefactions helped create great institutions of higher learning such as Harvard, Yale and Stanford, Chancellor Jindal established this institution as a tribute to his father, Shri O.P. Jindal. Through this philanthropic initiative, he has made a significant contribution to promoting excellence in higher education in India. He not only made an enormous financial commitment but also brought to this project his personal commitment and dedication to the ideas of academic freedom, functional autonomy and independence that have ensured that JGU has flourished since its founding. In the eight years since its founding, JGU has strived to provide a global and holistic educational experience for its students. At a time in India when we are faced with enormous challenges in our higher education sector, innovative solutions need to be found to address these challenges. Our biggest challenge has been to gain credibility as a serious institution of higher learning established through private philanthropy. We have made significant progress in the past eight years, and we will continue to invest our efforts in addressing the issues of quality, access, equity, transparency, and accountability in higher education. I am grateful to a number of people who supported the conference and indeed participated in it actively. I appreciate the encouragement and support of Ms. Shallu Jindal, Chairperson, JSPL Foundation, who by setting her own precedence has played a vital role in revitalising Indian corporate philanthropy. I deeply acknowledge the invaluable contributions of Ms. Marcy Schuck, Former Director of Corporate Fund Raising, Legal Aid Society of New York & Former Director of Development, East West Institute New York, Dr. Peter Schuck, Simeon E. Baldwin Professor of Law Emeritus, Yale University and Dr. Indu Shahani, Founding Dean, Indian School of Management and Entrepreneurship as these conferences would not have been possible without their kind support. The Roundtables were huge success. With 15-20 sharp