Research pillar
Philanthropy & Wealth Management
As Indian American wealth matures, so does the work of managing and giving it away: family offices, foundations, university gifts, remittances, cross-border tax and estate planning. These pieces cover that landscape.
- Philanthropy & Wealth Management
How much money do Indian Americans send to India in remittances?
The US is India's largest remittance source: 27.7% of inflows in 2023-24, roughly $33 billion, as India's total remittances hit a record $151 billion…
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How do Indian Americans handle FBAR, FATCA and the US-India tax treaty?
Indian accounts over $10,000 in aggregate trigger an FBAR; Form 8938 starts at $50,000 for single US filers. How the treaty and FATCA fit in.
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What are the estate planning challenges for high-net-worth Indian Americans?
US estate tax applies above $15M per person in 2026, India has had no estate duty since 1985, and no US-India estate treaty exists. Key issues…
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How do Indian Americans participate in political giving?
Indian Americans lean Democratic (47% vs 21% Republican in 2024), hold a record six House seats, and give within FEC rules that also limit use of…
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Are wealthy Indian Americans setting up private foundations and donor-advised funds?
Several prominent Indian Americans have signed the Giving Pledge and run foundations. How foundations and DAFs work, and what the data can and cannot…
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How much do Indian American families spend on weddings?
No representative survey measures Indian American wedding costs. Here is what is known: US weddings average $34,000, and Indian weddings run larger…
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Where do wealthy Indian Americans give their money?
Indian American giving reached an estimated $4–5 billion in 2024. Most large gifts go to universities, health and causes in India. Here is where the…
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What are the largest gifts by Indian Americans to US universities?
From the Patels' $200M commitment to Nova Southeastern to the Tandons' $100M for NYU engineering: the largest Indian American gifts to US…
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How do wealthy Indian Americans run family offices?
Indian American UHNW wealth is projected to pass $1 trillion by 2030. How founders and families set up family offices, what they invest in and the…
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