Word: philanthro
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Dates: during 2006-2006
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...That's already happening in India, where new tycoons are beginning to practice Western-style philanthro-capitalism, investing money to alleviate pervasive social problems with the same rigor they apply to their businesses?and with the same insistence on measurable results. For example, the Azim Premji Foundation, funded by the billionaire head of Bangalore-based software company Wipro, is helping to reform India's education sector by implementing on-the-ground assessments of the effectiveness of teaching programs at thousands of schools in the country's Karnataka state. It's no coincidence that many of India's most innovative philanthropists...
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