The
Tata Trusts awarded the Corporate Citizen of the Year
Award
October
01, 2005
The
Tata Trusts have been awarded The Corporate Citizen
of the Year Award at the Economic Times Awards for Corporate
Excellence, 2005.
For several decades, the Tata
Trusts (the Sir Dorabji Tata Trust and the Sir Ratan
Tata Trust) have served the nation through their philosophy
of constructive philanthropy. Instilled
by the founder Jamsetji Tata who set up
the JN Tata Endowment for the higher education of Indians,
the Tata Trusts have been sensitive to the development
needs of the country and have been guided by a deep
sense of commitment towards the country with a vision
for national progress and nation building.
The Sir Dorabji Tata Trust was
set up in 1932 by Sir Dorabji Tata, son of Jamsetji
Tata. It is one of the oldest, non-sectarian philanthropic
organisations in India and has operated in the spirit
of idealism and dedication to nation-building activities.
The Trust was the first to set up leading institutions
with endowment grants the first of their kind
in the country, including the Tata Institute of Social
Sciences, Mumbai, the Tata Institute of Fundamental
Research, Mumbai, the Tata Memorial Hospital, Mumbai
and the National Centre for the Performing Arts, Mumbai.
Its programme grants are in the areas of management
of natural resources, livelihood, education, health
and social development initiatives. In 2004-05, the
Trust along with a host of smaller allied trusts has
disbursed over Rs 1 billion to institutions, NGO programmes
and individuals.
The Sir Ratan Tata Trust
was set up in 1919, a year after the untimely demise
of Sir Ratan Tata at the age of 47. It is one of the
oldest philanthropic institutions in India, having played
a pioneering role in changing the traditional ideas
of charity and introducing the concept of philanthropy.
Through its grant making, the Trust supports efforts
in the development of society, through institutional
grants in areas of rural livelihoods and communities,
education, enhancing civil society and governance, health
and arts and culture. Besides institutional grants,
the Trust also makes individual grants for education
and medical relief. During 2004-05, the Trust disbursed
Rs 511.46 million to various institutions and individuals.
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