In an era where global challenges like climate change, healthcare crises, and rapid technological advancements demand urgent attention, education plays a pivotal role in addressing these issues. However, no single institution or donor can shoulder the burden alone. However, collective philanthropy is a model that brings together multiple donors and stakeholders to pool resources, share expertise, and create innovative solutions. Vineet Gupta, Ashoka University Founder, champions this approach, emphasizing its power in building institutions that tackle the most pressing problems through education.

The Power of Collective Philanthropy
According to Gupta, “The collective philanthropy model is used for institution building. A large number of people have contributed to building universities like Ashoka and Plaksha rather than a single person. It expands the network and helps in raising more resources.” This approach amplifies the impact that educational institutions can have on society by fostering collaboration across sectors. Collective philanthropy enables universities to scale their efforts in areas that would otherwise remain underfunded or underexplored.