Mumbai/Bengaluru, May 22 -- India's top philanthropic organizations are spending money comparable to the social spends of the country's biggest for-profit companies, a trend that has come to light after Bengaluru-based Azim Premji Foundation disclosed its financials for the first time in its quarter-century of existence.

As per the reported financials, the eponymous not-for-profit entity of billionaire Azim Premji spent Rs.1,528 crore on philanthropy in 2024. That was more than twice the Rs.699.31 crore spent by the Tata Trusts in the same year, according to financials filed by the entity.

The spends by the two Indian philanthropic organizations are on par with the CSR (corporate social responsibility) expenditures of the country's larg...