Overview

Philanthropic initiatives in the house of Tatas are as old as the commercial and industrial enterprise of the group. The first Tata Trust, the J.N. Tata Endowment for Higher Education of Indians, was set up in 1892. Three decades later, in 1932, the Sir Dorabji Tata Trust was established by Sir Dorabji Tata who donated all his worldly possessions to the Trust. Now known as the Sir Dorabji Tata Trust and the Allied Trusts, the entity comprises the Sir Dorabji Tata Trust, the Jamsetji Tata Trust, the R.D. Tata Trust, the J.R.D. Tata Trust, the Tata Education Trust, the Tata Social Welfare Trust, the J.R.D. and Thelma J. Tata Trust, the J.N. Tata Endowment for the Higher Education of Indians, the Lady Tata Memorial Trust and the Lady Meherbai D. Tata Education Trust.

Five of these Trusts have sharply defined mandates. While the J.N. Tata Endowment offers promising Indian students loan scholarships for postgraduate studies abroad, the J.R.D. Tata Trust gives scholarships for studies in India. The Lady Tata Memorial Trust offers scientific scholarships, both national and international, for supporting research in leukaemia and blood related diseases and towards the alleviation of human suffering from other diseases. Additionally, a Young Researcher Award is given annually for a 5 year post doctoral research project. The Lady Meherbai D. Tata Trust scholarships are offered to young Indian women graduates for pursuing higher studies abroad and the J.R.D. and Thelma J. Tata Trust focuses on the health and education of women and children. The rest of the Trusts share a common agenda. The Jamsetji Tata Trust, the Tata Education Trust, the Tata Social Welfare Trust and the R.D. Tata Trust focus on overall developmental issues.

The Trusts’ sources of income are the securities in which the original capital bequeathed by the settler was invested. These largely comprise securities issued by Tata Sons (P) Ltd. and other companies in the Tata Group. Over the years, surpluses have been invested in permitted securities that are in accordance with the law in force. More specifically, the Trusts’ income arises from dividends declared by the respective companies, and the interest gained from bank deposits. The details of income are available in the Audited Annual Reports of the Trusts.

Each company in the Tata Group has a Corporate Sustainability (CS) budget that is spent in accordance with the objectives set by its Board. The Trusts’ activities are independent of the CS activities of the Group companies. The overall contribution of the Tata Group to society is a sum total of individual company contributions and that of the Trusts. Wherever feasible, the Trusts have collaborated with the Group companies to make a stronger impact on socially relevant causes.

Facilities

Location

24 Homi Mody Street, Bombay House, Mumbai, Mumbai - 400001

Placement