You may wonder why the Tatas. A tradition of trust
|
|
- Marcus Franklin
- 6 years ago
- Views:
Transcription
1 179 TRUSTS OVERVIEW A tradition of trust The Tata trusts are the unsung heroes of an extraordinary saga of philanthropy that has enriched India and its citizens in more ways than can be quantified You may wonder why the Tatas among India s most illustrious business families for well over a century never show up on any of those ritual listings of the country s richest people. The reason is as simple as it is remarkable. Over generations, the Tatas have crafted and sustained a tradition of bequeathing much of their personal wealth to the many trusts they have created for the greater good of India and its people. That is how the Tata trusts have come to control 65.8 per cent of the
2 180 CODE OF HONOUR shares of Tata Sons. The wealth that accrues from this asset supports an assortment of causes, institutions and individuals in a wide variety of areas. The trusteeship principle governing the way the Tata companies function casts the Tatas in a rather unique light: capitalistic by definition but socialistic by character. India has an old religious tradition of philanthropy, passed on down the ages by kings, noblemen and rich merchants. Jamsetji Tata, the founder gave new meaning to this term. In his words: There is one kind of charity common enough among us It is that patchwork philanthropy which clothes the ragged, feeds the poor and heals the sick. I am far from decrying the noble spirit that seeks to help a poor or suffering fellow being. [However] what advances a nation or a community is not so much to prop up its weakest and most helpless members, but to lift up the best and the most gifted, so as to make them of the greatest service to the country. This was the sentiment that led Jamsetji Tata to establish the JN Tata Endowment Scheme for higher education in The scheme helped bright Indian students of moderate means to become administrators, scientists, doctors, lawyers and engineers, funding their education through loans and grants. The maiden grant was to Dr Freney Cama, who became one of the first women gynaecologists in India and who would come to have a maternity hospital in Bombay named after her. Of the 37 beneficiaries in the first batch, as many as 15 joined the Indian Civil Service (ICS), the colonial version of the Indian Administrative Service, realising Jamsetji Tata s desire that Indians learn how to govern themselves. By 1924, over a third of Indian ICS officers were Tata scholars. Illustrious JN Tata Endowment scholars include former Indian president KR Narayanan, renowned scientists Raja Ramanna, Jayant Narlikar and Raghunath Mashelkar, and Gyanpeeth award-winning writer and actor Girish Karnad. What advances a nation or a community is not so much to prop up its weakest and most helpless members, but to lift up the best and the most gifted Jamsetji Tata
3 181 TRUSTS OVERVIEW Philanthropy as a means of promoting higher education and research was a novel concept even in the United States at the end of the 19 th century. Andrew Carnegie s pathbreaking endowment of $1 million to set up a technical school in Pittsburgh, now the Carnegie Mellon University, was made in But Jamsetji Tata preceded him. Two years earlier, in September 1898, he pledged half his personal wealth, an amount of Rs30 lakh (then 200,000), to make his dream of a university or institute of research a reality. That the Indian Institute of Science (IISc) in Bangalore would take another 11 years to be born, aided by a generous donation of 300 acres of land from the Maharajah of Mysore, is quite another matter. Jamsetji Tata died in 1904, unaware that his vision for science in India would indeed be fulfilled. Over the next 50 years it became a prime source of India s technological prowess. When various national laboratories were established in the late 1940s and 1950s, IISc alumni provided the intellectual manpower. Jamsetji Tata s idea of philanthropy was to be given true expression by his sons, Dorabji Tata and Ratanji Tata, both of whom donated the major chunk of their personal wealth for the public good. The Sir Ratan Tata Trust and the Sir Dorabji Tata Trust and Allied Trusts are at the heart of the enduring Tata commitment to community development Dorabji was the quintessential entrepreneur, working tirelessly to make his father s visionary ideas a reality roaming the jungles of what is now Jharkhand in a bullock cart to set up Tata Steel and pioneering the generation of hydroelectric power in the wilds of the Western Ghats while Ratanji was a connoisseur of the arts and a passionate votary of social development. Ratanji Tata gave a grant to support Mahatma Gandhi s work in South Africa and another for Gopal Krishna Gokhale s nationalist activities in India. He also funded the first archaeological excavation at Pataliputra, which resulted in the
4 182 CODE OF HONOUR discovery of the 100-pillar Mauryan throne room of Ashoka s palace. He donated resources that enabled the London School of Economics (LSE) to research the causes of poverty and how to alleviate it, leading to the establishment in 1912, of LSE s Sir Ratan Tata Department, subsequently called the Department of Social Sciences (the department s first lecturer was a bright young man named Clement Attlee, later to become the British prime minister when India became independent). Ratanji Tata died in 1918 at the relatively young age of 47. Apart from donating his unparalleled art collection, especially of Chinese jade, to the Prince of Wales Museum in Bombay (now Mumbai), he left directives in his will for his personal wealth to be used for basic and advanced (postgraduate) education, primary and preventive health, rural livelihood and communities, art and culture and public initiatives. This was meant for all Indians, at a time when almost all trusts were communal in nature. The Sir Ratan Tata Trust was set up that same year. A few months before his death in 1932, Dorabji Tata bequeathed most of his personal wealth, then estimated at Rs3 crore and comprising substantial shareholdings in Tata Sons, Indian Hotels and allied companies, his landed property and his wife s jewellery including the famous Jubilee diamond, twice the size of the Kohinoor and even his pearl-studded tiepins and cufflinks, to the newly registered Sir Dorabji Tata Trust. The Sir Dorabji Tata Trust is best known for promoting six pioneering institutions of national Projects must be aimed importance. Four of these towards sustainability were established in Bombay: for the community, and the Tata Institute of Social money is always released Sciences (in 1936), the Tata in a phased manner that Memorial Centre for Cancer meets the requirements Research and Treatment of recipients (1941), the Tata Institute of Fundamental Research (1945) and the National Centre for the Performing Arts (1966). The National Institute of Advanced Studies (set up in 1988) and the Sir Dorabji Tata Centre for Research in Tropical Diseases (1999) are in Bangalore. In 1931, at the age of 50, Dorabji s wife Lady Meherbai died of leukaemia. Dorabji started two trusts in his wife s
5 183 TRUSTS OVERVIEW memory. The Lady Meherbai D Tata Education Trust enables young Ratanji Tata left directives women to go in his will for his personal abroad and wealth to be used for basic specialise in and advanced education, social work. The primary and preventive Lady Tata health, rural livelihood Memorial Trust and communities sponsors international research in leukaemia and the alleviation of human suffering. An international committee of experts in London carefully selects the researchers. The Sir Ratan Tata Trust and the Sir Dorabji Tata Trust and their allied institutions are at the heart of the enduring Tata commitment to community development, but there are several other trusts too. The JRD Tata Trust, established in 1944, gives institutional donations to promote the advancement of learning, supports research grants and scholarships, provides disaster relief and backs social welfare projects. The MK Tata Trust, set up in 1958 by Minocher K Tata with his personal resources, delivers research grants and scholarships for the advancement of learnings as well as donates medical and other relief during natural calamities. The Jamsetji Tata Trust, established in 1974 to mark the centenary year of the first Tata enterprise, bestows grants for innovation. The RD Tata Trust, named after Jamsetji Tata s cousin and JRD Tata s father, and set up in 1990, gives institutional grants to advance learning and also backs social welfare projects. The Tata Social Welfare Trust and the Tata Education Trust, also founded in 1990, supports educational institutes, hospitals and non-governmental organisations (NGOs). The JRD and Thelma J Tata Trust, set up in 1991 by JRD Tata with his and his wife Thelma s personal wealth, works to uplift women and children. How do the trusts operate? Over 75 per cent of the funds of the many Tata trusts accrue from dividends on the shares they own in Tata Sons and the rest comes from their own statutory investments. The trusts, for the most part, operate as a funding agency, much like the Ford Foundation. The Sir Dorabji Tata Trust supports different kinds of NGOs some do social work, some research, while others are community based usually for a period of three to five years. It also works with international agencies such as the United Nations,
6 184 CODE OF HONOUR mostly in times of natural disasters. For the Sir Ratan Tata Trust, the focus has changed over the years from charity to development funding. Both of these trusts can and do come together sometimes to fund large projects with different components. The two have very stringent appraisal, assessment, and accounting and auditing requirements for the NGOs they fund. Projects must be aimed towards sustainability for the community, and money is always released in a phased manner that meets the requirements of recipients. The Tata tradition of trust assumes all the more importance in the light of a survey conducted by the Indian Market Research Bureau (IMRB), which revealed that the concept of corporate partnership was not understood nor was the importance of corporate giving realised by many companies in India. Of the 600 companies surveyed, there was no indication of any upward trend in the role being played by the corporate sector in social development activities. For the Tatas, however, social development is an article of faith. To die rich is to die disgraced, said Andrew Carnegie, the American business legend who transformed himself from robber baron to philanthropic epitome. For Carnegie, The JRD and Thelma J Tata Trust, set up in 1991 by JRD Tata with his and his wife Thelma s personal wealth, works to uplift women and children the surplus wealth of the few will become, in the best sense, the property of the many. The narratives in this section of Code of Honour offer a window to the breadth and depth of the philanthropic endeavours of the Tata trusts, their quiet contribution to the cause of the country s poor and needy, and a ringing affirmation of the values of Tata s founders. As management guru Peter Drucker says: A healthy society requires three vital sectors: a public sector of effective governments; a private sector of effective businesses; and a social sector of effective community organisations. While there s not much they can do about the first sector, Tata companies are contributing all they can to the other two.
7 185 TRUSTS OVERVIEW Charity spread There are two main trusts operating under the Tata umbrella: the Sir Dorabji Tata and Allied Trusts and the Sir Ratan Tata Trust. The allied trusts component of the Sir Dorabji Tata Trust comprises the Tata Social Welfare Trust, the RD Tata Trust, the Tata Education Trust, the JRD Tata Trust, the JRD Tata and Thelma Tata Trust, the Jamsetji Tata Trust, the JN Tata Endowment, the Lady Meherbai Tata Memorial Trust, and the Lady Meherbai D Tata Education Trust. About 75 per cent of the funds of the Tata trusts accrue from dividends on the shares they own in Tata Sons. The remaining comes from statutory investments. Sir Dorabji Tata Trust and Allied Trusts A few months before his death in 1932, Dorabji Tata the elder son of Jamsetji Tata, bequeathed most of his personal wealth to the newly registered Sir Dorabji Tata Trust. This wealth was then estimated at Rs3 crore and comprised substantial shareholdings in various Tata enterprises, landed property, his wife Lady Meherbai s jewellery, even his pearlstudded tiepins and cufflinks. The trust is best known for promoting pioneering institutions of national importance. These include the Tata Institute of Social Sciences (set up in 1936), the Tata Memorial Centre for Cancer Research and Treatment (1941), the Tata Institute of Fundamental Research (1945) and the National Centre for the Performing Arts (1966). The trust funds projects in the following thematic spheres: management of natural resources, health, social development initiatives, education, and urban
8 186 CODE OF HONOUR poverty and livelihood. Allocations for individuals come under the heads of medical grants and travel or education grants. Grants for individuals total Rs12-13 crore a year. Institutional grants, which can vary year by year, account for about 25 per cent of the trust s annual budget. The largest chunk of funding, up to 65 per cent, goes to NGOs. In , the Sir Dorabji Tata Trust and Allied Trusts disbursed Rs76.2 crore; this figure grew to Rs207 crore in The trust handles projects at any given time and gets funding proposals every day. Sir Ratan Tata Trust and Navajbai Ratan Tata Trust The Sir Ratan Tata Trust was established in 1918 following the death of Ratanji Tata, the younger son of Jamsetji Tata, and it operates in accordance with his will. Ratanji Tata wanted to establish a trust that would help further the advancement of education, learning and industry in all its branches. Up to the mid-1990s, the trust largely made grants in Mumbai. One of its early ventures was the Sir Ratan Tata Industrial Institute, which gave work to needy women. In 1948, the trust contributed to the setting up of the National Metallurgical Laboratory at Jamshedpur. The trust funds projects in the following thematic spheres: rural livelihoods and communities, education, health, civil society and governance, and art and culture. The rural livelihoods and communities component absorbed 62 per cent of the trust s funding spread. Education received the second-largest funding support (19 per cent). In , the Sir Ratan Tata Trust disbursed Rs110 crore in support of NGOs, individuals and institutions.
CASE STUDY NO. 1 Corporate Social Responsibility: Tata Model
Chapter: 7 Case Study CASE STUDY NO. 1 Corporate Social Responsibility: Tata Model R.N.Prasad (Registration No. 108654) Page 88 Corporate Social Responsibility: Tata Model Brief History Founded by Jamsetji
More informationSIR RATAN TATA TRUST
SIR RATAN TATA TRUST The Sir Ratan Tata Trust Founded in 1918 Sir Ratan Tata s Vision the advancement of Education, Learning and Industry in all its branches, including education in economy, sanitary sciences
More informationThe Tata way. An ethos of caring and sharing
The Tata way An ethos of caring and sharing Conceived and produced by Group Publications Bombay House, Mumbai, India Email: grouppublications@tata.com For a copy of this book, please contact: Tata Sons
More informationThe Indian Institute of Culture Basavangudi, Bangalore RECENT DEVELOPMENTS IN MATERNITY AND CHILD WELFARE SERVICES IN INDIA
The Indian Institute of Culture Basavangudi, Bangalore Transaction No. 27 RECENT DEVELOPMENTS IN MATERNITY AND CHILD WELFARE SERVICES IN INDIA By DR. SARYU BHATIA THE INDIAN INSTITUTE OF CULTURE 6, North
More informationJust For Starters: How To Become A Successful Businessman? (3rd Revised Edition)
Just For Starters: How To Become A Successful Businessman? (3rd Revised Edition) Author: NPCS Board Format: Paperback ISBN: 9789381039038 Code: NI30 Pages: 336 Price: Rs. 475.00 US$ 75.00 Publisher: NIIR
More information(Saath Livelihood Services) April Rajendra Joshi, Director. Saath Livelihood Services. Strictly Confiden5al
(Saath Livelihood Services) April 2014 Rajendra Joshi, Director Saath Livelihood Services Strictly Confiden5al A livelihood comprises the capabilities, assets and activities required for a means of living:
More informationAnnual Report Financial Year
Annual Report Financial Year 2015-2016 Contents Genesis of SBI Foundatio..3 Vision 4 Mission..4 Activities at a Glance.5 Partnerships 9 Way Forward.9 Directors Report 10 Balance Sheet as on 31.03.2016...25
More informationGOLDEN JUBILEE YEAR (Part II)
GOLDEN JUBILEE YEAR 2008-2009 (Part II) Prof. M. S. ANANTH Director Indian Institute of Technology Madras CHENNAI 600 036 May 5, 2008 1 IIT MADRAS RESEARCH PARK May 5, 2008 2 THE IITM RESEARCH PARK Creating
More informationMSc in NGO Management Course overview October Part of the Centre for Charity Effectiveness Charities MSc Programme
MSc in NGO Management Course overview October 2016 Part of the Centre for Charity Effectiveness Charities MSc Programme Centre for Charity Effectiveness Intellectual leadership: developing talent, enhancing
More informationWolfson Foundation. Strategy,
Wolfson Foundation Strategy, 2017-2019 WOLFSON FOUNDATION THREE YEAR STRATEGY 04 THE WOLFSON FOUNDATION Strategy, 2017-2019 The traditions of the Wolfson Foundation, I think, are valuable for all of us.
More informationA Study on Financial Assistance Programme of NEDFi:
Abstract: A Study on Financial Assistance Programme of NEDFi: With Special Reference to the State of Assam Mr. Binod Ch. Swargiary Research Scholar, CMJ University, Meghalaya Finance, which is rightly
More informationCorporate Social Responsibility Policy
B.BRAUN MEDICAL (INDIA) PRIVATE LIMITED Corporate Social Responsibility Policy Version : 1 Date : 5 November 2015 Author: Legal Corporate Social Responsibility Policy B. Braun Medical (India) Private Limited
More informationPLEASE READ THIS CAREFULLY BEFORE COMPLETING THE
ASSOCIATED COUNTRY WOMEN OF THE WORLD ACWW FUNDING GUIDELINES PLEASE READ THIS CAREFULLY BEFORE COMPLETING THE PRE-APPLICATION QUESTIONNAIRE ACWW welcomes applications from small to medium-sized (annual
More informationShiv Nadar Foundation. Building Leaders Through Transformational Education
Shiv Nadar Foundation Building Leaders Through Transformational Education Creative Philanthropy The Shiv Nadar Foundation is a strong believer of 'Creative Philanthropy'. Creative philanthropy is a powerful
More informationCORPORATE SOCIAL RESPONSIBILITY POLICY OF MOTILAL OSWAL GROUP
CORPORATE SOCIAL RESPONSIBILITY POLICY OF MOTILAL OSWAL GROUP SECTION I - PREAMBLE The Motilal Oswal Group consists of a collection of strategic business units in financial sector and which strongly believes
More informationThings That Never Where
Things That Never Where Temitope Isedowo, Obafemi Awolowo University We need men who can dream of things that never were, and ask why not. George B. Shaw Introduction I come from Africa s most populous
More informationhonoring the past, shaping the future Chinese American Philanthropy in the Bay Area
honoring the past, shaping the future Chinese American Philanthropy in the Bay Area Engaging Chinese American Philanthropists Overview This document has been developed as a companion to For Generations
More informationPostgraduate Scholarships at GSA
Postgraduate Scholarships at GSA Student Guide 2014/15 DEADLINE FOR POSTGRADUATE SCHOLARSHIP APPLICATIONS 13th June 2014 by 4pm GMT Leverhulme and Hope Scott Scholarships have an earlier application deadline
More informationKnowledge Management for Sustainable Development
7 Knowledge Management for Sustainable Development Knowledge for Sustainable Development (KSD), a core unit of CEE, aims to develop general awareness and provide policy support on key environment and development
More informationCORPORATE SOCIAL RESPONSIBILITY COMMUNITY DEVELOPMENT POLICY
CORPORATE SOCIAL RESPONSIBILITY COMMUNITY DEVELOPMENT POLICY S J V N Limited Corporate Office : Himfed Building, New Shimla ( HP)-171009 CONTENTS Description Page No. 1. Introduction 2 2. SJVN s Policy
More informationKIBERA FUND - Call for Proposals
GUIDE TO APPLICANTS KIBERA FUND - Call for Proposals Return to: The Chief Executive Officer, Kenya Community Development Foundation, Junction of Chai and Pamba Roads, Pangani, P.O Box 10501-00100, Nairobi
More informationKIBERA FUND - Call for Proposals
GUIDE TO APPLICANTS KIBERA FUND - Call for Proposals Deadline Extended to 31 st May 2012! Return to: The Chief Executive Officer, Kenya Community Development Foundation, Junction of Chai and Pamba Roads,
More informationImprovement Plan. Author: Tim Barnes, Founder MoreThanAid Date: August 15, 2017 Document version: 2.0
Improvement Plan Author: Tim Barnes, Founder Date: August 15, 2017 Document version: 2.0 Page 1 of 15 Improvement Plan Document Information... 3 Executive Summary... 4 Charter... 6 Organization... 7 Background...
More informationThe Nexus London Youth Summit
The Nexus London Youth Summit on Innovative Philanthropy and Social Entrepreneurship June 15 th to 17 th, 2012 Nexus London EVENT REPORT Nexus Delegation at #10 Downing Street What was it?.. Who came?
More informationMONASH GLOBAL LEADERS NETWORK
MONASH GLOBAL LEADERS NETWORK Help us shape tomorrow s world: Through world-leading research and education, Monash works to create innovative graduates and ideas to help people live healthier more fulfilling
More informationThe UCL London Strategy
UCL INNOVATION AND ENTERPRISE The UCL London Strategy UCL is a London university with powerful global impact. We add unrivalled value to our city. We are regarded as one of the best in global higher education,
More informationCoutts Million Dollar Donors Report 2014 RUSSIA FINDINGS
Philanthropy is fast taking root in the lives of wealthy Russian individuals and families, as well as in the culture of corporations. Number of million dollar donations 30% gifted by individuals 20% gifted
More informationCorporate Social Responsibility Policy
Corporate Social Responsibility Policy DECEMBER 2014 MICROSOFT INDIA (R&D) PRIVATE LIMITED TABLE OF CONTENTS 1. Introduction and Background page 2 Page 1 2. Objectives of the CSR Policy page 5 3. Scope
More informationTHE FRIENDS OF MINERVA DONATIONS, INCLUDING ANNUAL GIVING THE HELLENIC AND ROMAN LIBRARY
THE FRIENDS OF MINERVA DONATIONS, INCLUDING ANNUAL GIVING THE HELLENIC AND ROMAN LIBRARY A MESSAGE FROM THE PRESIDENTS The Hellenic and Roman Societies Professor Judith Mossman President, Hellenic Society
More informationIMPACTING AND PRESERVING THE FUTURE FOR ALL OF US Silicon Valley Community Foundation
IMPACTING AND PRESERVING THE FUTURE FOR ALL OF US Silicon Valley Community Foundation LETTER FROM CEO Welcome to the new Silicon Valley Community Foundation Thanks to the commitment of people like you,
More informationGovernment of India Department of Social Welfare
Government of India Department of Social Welfare New Delhi, the 22 nd August, 1974 Subject: National Policy for Children No.1-14/74-CDD- The Government of India have had for consideration the question
More informationRSL SOUTH EASTERN DISTRICT LTD DISTRICT VETERAN WELFARE GRANT (DVWG) GUIDELINES
RSL SOUTH EASTERN DISTRICT LTD DISTRICT VETERAN WELFARE GRANT (DVWG) GUIDELINES General RSL (Queensland Branch) has established a program known as the District Veteran Welfare Grant (DVWG). The Grant has
More informationThe Australian Community Trends Report
McCrindle Research Pty Ltd, September 2017 Suite 105, 29 Solent Circuit Baulkham Hills, NSW, 2153 www.mccrindle.com.au +61 2 8824 3422 info@mccrindle.com.au 2 Contents Introduction from McCrindle 4 Introduction
More informationCorporate Social Responsibility
Together We Rise For Good Corporate Social Responsibility Mahindra Logistics Limited Unit No. 1A & 1B, Techniplex -1 Techniplex Complex, Veer Sawarkar Flyover, Goregaon (West), Mumbai 400 062 Tel: +91
More informationCorporate Social Responsibility ( CSR ) Policy for Heinz India Pvt. Ltd
HEINZ INDIA PRIVATE LIMITED CIN: U15200MH1994PTC138918-9724134909 Registered Office: 7 th Floor, D-Shivsagar, Dr. Annie Besant Road, Worli, Mumbai- 400018 Corporate Social Responsibility ( CSR ) Policy
More informationCommunity Foundations 101: Structures and Compliance. CIRCLE Webinar #5 25 June 2015
Community Foundations 101: Structures and Compliance CIRCLE Webinar #5 25 June 2015 Today s Agenda Technical tips FRRR & CIRCLE What is a Community Foundation (CF)? Setting up a CF things to consider Alternatives,
More informationEdmonton s Social Enterprise Fund. Martin Garber Conrad, Edmonton Community Foundation Jenny Kain, City of Edmonton
Edmonton s Social Enterprise Fund Martin Garber Conrad, Edmonton Community Foundation Jenny Kain, City of Edmonton Objectives of workshop: To familiarize participants with Edmonton s Social Enterprise
More informationGuild Property Investors
Guild Property Investors G P I 1 CONTENTS 1. Background 2. Expertise 3. Property - Our Focus 4. Investment Process 5. Contact Us Website www.guildpropertyinvestors.co.uk Email management@zguildgroup.com
More informationCORPORATE SOCIAL RESPONSIBILITY POLICY March, 2017 Version 1.2
CORPORATE SOCIAL RESPONSIBILITY POLICY March, 2017 Version 1.2 Name of document Corporate Social Responsibility Policy Policy Version 1.2 Issued by CSR Committee Amendment date 22.03.2017 Effective Date
More informationCSR PRACTICE TOWARDS RESPONSIBLE BUSINESS
International Journal of Business Management & Research (IJBMR) ISSN 2249-6920 Vol. 2 Issue 3 Sep 2012 21-25 TJPRC Pvt. Ltd., CSR PRACTICE TOWARDS RESPONSIBLE BUSINESS SHANTI J Faculty of Management Studies,
More informationModule 1: Social Entrepreneurship Defined
Module 1: Social Entrepreneurship Defined Introduction https://www.youtube.com/watch?v=dtttsjeo47g (Ashoka: Innovators for the Public) Social entrepreneurship is a hot topic. If you Google the words, you
More informationSpeech for Minister of MSME on occasion of meeting of National Board for MSME to be held on 10 th July 2015
Speech for Minister of MSME on occasion of meeting of National Board for MSME to be held on 10 th July 2015 The Prime Minister of India has envisioned making country as a Manufacturing Hub. He has visualise
More informationSocial Entrepreneurship
Social Entrepreneurship Be the change, you wish to see in the world! Tapan Jindal www.bs-bs.org Entrepreneurship! What is it? Starting a New Company / Business Objective Earn Profits Create Employment
More informationCORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY
1. INTRODUCTION: CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY The Companies Act, 2013 requires prescribed classes of Companies to appoint a Corporate Social Responsibility (CSR) Committee adopt a CSR Policy
More informationWorking with us to improve health in urban, diverse and deprived areas. Portfolio Director Funding Team (18 month contract) March 2017
Working with us to improve health in urban, diverse and deprived areas Portfolio Director Funding Team (18 month contract) March 2017 www.gsttcharity.org.uk Guy s and St Thomas Charity 1 In this brief
More informationFREQUENTLY ASKED QUESTIONS. < About GGP Scheme > 2. < About Grant Assistance > 3. < About Process of Sanction of Grant > 4. < How to apply for GGP > 4
FREQUENTLY ASKED QUESTIONS < About GGP Scheme > 2 1. What is GGP? 2 2. What are the projects for which assistance is given by the Government of Japan? 2 3. Who is eligible to apply for assistance? 2 4.
More informationGovernance of Corporate Social Responsibility
Governance of Corporate Social Responsibility Group Strategic Marketing & Communications Version India Last Updated: 27 November 2014 1 Sign-off List Name Designation Signature Date Prepared by: Zarestin
More informationThe Western Union Foundation
Economic opportunity across the globe. The Western Union Foundation Our world. Our family. Our commitment. Table of Contents 2 Our Foundation empowering people across the globe. 3 Our World, Our Family
More informationSUPPORT A CHILD (SAC) PROJECT
Project Type: Support a Child Primary Focus: to assist in quality education SUPPORT A CHILD (SAC) PROJECT Asha Mumbai believes in the innovative methodologies of teaching which has been practiced in our
More informationD O N O R H A N D B O O K E S T
TABLE OF CONTENTS DONOR HANDBOOK What is a Foundation?...3 Who are We?...4 Grant Stories...6 Ways to Give...7 Types of Funds...9 Donor Stories...11 How We Support Our Community...12 How We Support Our
More informationAction Plan for Startup India
M.M.K. Sardana * [Abstract: This Note elaborates the Action Plan Government of India for the Startups.] People have the potential to work hard and all they need is a promising start. Many people have ideas
More informationPiramal Enterprises Limited. Corporate Social Responsibility Policy
Piramal Enterprises Limited Corporate Social Responsibility Policy Original Effective Date: May 05, 2014 [Last Updated: April 2, 2018] Table of Contents Sr. No. Details Page No. 1. Statement of Intent
More informationCORPORATE SOCIAL RESPONSIBILITY POLICY HI-TECH GEARS LIMITED
CORPORATE SOCIAL RESPONSIBILITY POLICY OF HI-TECH GEARS LIMITED 1 PREAMBLE 1.1 Concept Corporate Social Responsibility is a Company s commitment to its stakeholders to conduct business in an economically,
More informationCOPRPORATE SOCIAL RESPONSIBILTY OF GINZA INDUSTRIES LIMITED
COPRPORATE SOCIAL RESPONSIBILTY OF GINZA INDUSTRIES LIMITED [Pursuant to Section 135 of the Companies Act, 2013] Ginza Industries Limited has formulated Corporate Social Responsibility Policy pursuant
More informationMagazine INTERNATIONAL GIVING: Issues Related To Cross Border Giving
Magazine Issue 9: Autumn 2015 Rupert Strachwitz reviews transnational giving, legal and regulatory issues and solutions across Europe Taxation of cross border philanthropy in Europe Hanna Surmatz defines
More informationDoing Good Together The Responsible Company & Its Corporate Foundation
Doing Good Together The Responsible Company & Its Corporate Foundation BSR Ci Yuan Initiative September 19, 2011 Claire Lyons, Global Grants Portfolio PepsiCo Foundation PepsiCo Foundation 1 Introduction
More informationPLYMOUTH COLLEGE Public Benefit Policy
PLYMOUTH COLLEGE Public Benefit Policy Page 1 of 14 Public Benefit Policy 1. Introduction... 3 2. Plymouth College and St Dunstan s Abbey Schools Trust... 3 3. Public benefit requirements... 5 4. Public
More informationSupporting Charities at BISR
Supporting Charities at BISR Guidelines The charities committee was created to encourage the BISR student community to see beyond their normal experiences here in Riyadh, and to develop a sense of community
More informationGovernment Scholarship Scheme for Indian Muslim Students : Access and Impact
Government Scholarship Scheme for Indian Muslim Students : Access and Impact Fahimuddin The Prime Minister s Point Programme for the welfare of minorities was announced in June, 006. It provided that a
More informationLEAD THE CHANGE. #BetterTomorrow TATA MUMBAI MARATHON 2019 PHILANTHROPY STRUCTURE
LEAD THE CHANGE #BetterTomorrow TATA MUMBAI MARATHON 2019 PHILANTHROPY STRUCTURE CONTENT TMM 2019 Philanthropy Structure TMM 2019 Registration Process Maximizing TMM Involvement of your Supporters Direct
More informationBuilding a Donor Constituency Where None Exists Not an Impossible Mission
Building a Donor Constituency Where None Exists Not an Impossible Mission By Laurence A. Pagnoni, MA, MPA Page 1 A near perfect correlation exists between charitable institutions that have a loyal constituency
More informationVitalization of Community-Bases Civil Societies. Cleveland Foundation India Pierce Lee April 5, 2012
Vitalization of Community-Bases Civil Societies Cleveland Foundation India Pierce Lee April 5, 2012 The Cleveland Foundation: History and Role in Society The Cleveland Foundation was born on January 2,
More informationIrish Philanthropic Foundations Institutional Philanthropy and Social Investment in Ireland Study
Irish Philanthropic Foundations Institutional Philanthropy and Social Investment in Ireland Study A Description of the Field An exploration of the findings of the GPR study conducted in Q4 2016 Introduction-Philanthropy
More informationOCTOBER 11-14, 2018 Beijing, China mcdonnellsymposium.wustl.edu
OCTOBER 11-14, 2018 Beijing, China mcdonnellsymposium.wustl.edu Cohosted by Washington Univesity in St. Louis and Tsinghua University PROGRAM HIGHLIGHTS Co-hosted by Washington University in St. Louis
More informationIt s a typical day in your hometown. Your alarm wakes you from a restful
In This Chapter Chapter 1 Tuning In to the World of Nonprofit Organizations Defining the nonprofit sector Getting started with a nonprofit Encouraging volunteerism Getting the resources your nonprofit
More informationDEFINITION OF PHILANTHROPIC FUNDING. Identifying philanthropic funds. Sources of philanthropic funds. To be followed by all University staff
DEFINITION OF PHILANTHROPIC FUNDING To be followed by all University staff Identifying philanthropic funds In order for gifts to be counted as philanthropic income, it is essential they meet BOTH the following
More informationEQUITY GROUP AIRLIFT TO GLOBAL UNIVERSITIES REACHES 329 SCHOLARS AT A SCHOLARSHIP VALUE OF KSHS BILLION
EQUITY GROUP AIRLIFT TO GLOBAL UNIVERSITIES REACHES 329 SCHOLARS AT A SCHOLARSHIP VALUE OF KSHS 8.225 BILLION The 64 scholars are part of the 605 scholars earlier selected to join the ELP in 2015, having
More informationCORPORATE SOCIAL RESPONSIBILITY POLICY
CORPORATE SOCIAL RESPONSIBILITY POLICY 1. Introduction and Background Mahindra Intertrade Limited (MIL) is committed to be a socially responsible corporate citizen and believes that corporate social responsibility
More informationQubad Talabani speech, April 16, 2008, Florida International Summit. 2008, University of Central Florida, Fairwinds Alumni Hall, Orlando, Florida
Qubad Talabani speech, April 16, 2008, Florida International Summit 2008, University of Central Florida, Fairwinds Alumni Hall, Orlando, Florida Good morning ladies and gentleman. On Sunday, I returned
More informationThe Future of the Nonprofit Sector in China Speech at the American Chamber of Commerce Hong Kong, January 2010 By James Abruzzo
The Future of the Nonprofit Sector in China Speech at the American Chamber of Commerce Hong Kong, January 2010 By James Abruzzo Size and growth of the US nonprofit sector Over the last 50 years, the US
More informationApplication for Charitable Status: application form and guidance notes
Application for Charitable Status: application form and guidance notes Before you start 1. Introduction You are applying for charitable status for your organisation under the Charities and Trustee Investment
More informationYour Talent Our Space
Your Talent Our Space Announcing The RIN Fellowship Programme Driven by dreams of a prosperous Rural India, RURAL INNOVATIONS NETWORK is a not-forprofit organization based in South India. Its mission is
More informationAsset Building Grants
Asset Building Grants Investing in community initiatives that make our region a better place to live and work What is a thriving community? Is it a place that is rich in culture and has good paying jobs
More informationSOCIAL ENTREPRENEURSHIP: SCOPES AND CHALLENGES
SOCIAL ENTREPRENEURSHIP: SCOPES AND CHALLENGES Alishya Susan Poulose Remya Tomy Kattikaran 1 st yr. MSW students Bharat Mata College Thrikakkara Ph. 9745784510, 9400681495 Email id: remya.remyarose@gmail.com
More informationThis form shows the information you have entered through the Charity Commission Online Application for Registration.
Charity Commission Apply to register a charity Organisation names Main name Paradise 4 Kids Other name or acronym Application number 5107147 Submission date 07/08/2017 Special circumstances If we decide
More informationMaking A sustainable difference. Annual Report
Making A sustainable difference SIR dorabji TATA TRUST & THE ALLIED TRUSTS Annual Report 2016-2017 2 Tata Trusts Overview : Lorem ipsum Guiding principle of Tata Trusts There is one kind of charity common
More informationAgency for Volunteer Service
A PERSPECTIVE OF VOLUNTEER SERVICE IN HONG KONG, CHINA Agency for Volunteer Service The Agency for Volunteer Service (AVS) established in 1970, is a non-profit organization dedicated to playing a proactive
More informationTCS and Tata Corporate Sustainability Promoting Corporate Community Investment. 4. Oktober 2010
TCS and Tata Corporate Sustainability Promoting Corporate Community Investment 4. Oktober 2010 TCS and Tata Corporate Sustainability Promoting Corporate Community Investment 4. Oktober 2010 Tata Ethos
More informationAWARD & RECOGNIZE With a vision for the future
OVERVIEW 1 http://sandr.org S&R Foundation is a 501(c)(3) non-profit organization that supports talented individuals with great potential and high aspirations in the arts, sciences and social entrepreneurship,
More informationAnglo American Chairman s Fund Application Pack 2014
Anglo American Chairman s Fund Application Pack 2014 This Application pack contains the following: Funding principles Activities or sectors NOT considered for support Description of the Anglo American
More informationYour Legacy, A Brighter Future
Your Legacy, A Brighter Future The Lions International Blood Research Appeal (LIBRA) is dedicated to raising funds for the Haematology Department at King s College Hospital in London. Our funding ensures
More informationGuidelines of New Entrepreneur-Cum-Enterprise Development Scheme (NEEDS)
Guidelines of New Entrepreneur-Cum-Enterprise Scheme (NEEDS) 1. Objectives (i) Educated youth will be given entrepreneurship training to groom them as first generation entrepreneurs on the essentials of
More informationNEWTON FUND PhD PLACEMENTS FOR SCHOLARS
NEWTON FUND PhD PLACEMENTS FOR SCHOLARS Guidelines for applications April 2018/19 Version 1.0 Call opens: 9 April 2018 Call closes: 6 July 2018, 16.00 hrs (Thailand time) Background The Newton Fund aims
More informationINDIANA UNIVERSITY SCHOOL OF NURSING
INDIANA UNIVERSITY SCHOOL OF NURSING OR ALL WHO REATE A EALTHIER ORLD As populations grow and lifespans continue to increase, the world is at its greatest need for exceptional nurses. Our future depends
More informationNEWTON FUND PhD PLACEMENTS FOR SCHOLARS
NEWTON FUND PhD PLACEMENTS FOR SCHOLARS Guidelines for applications June 2017/18 Version 1.0 Call opens: 5 June 2017 Call closes: 15 September 2017, 16.00 hrs (Thailand time) Background The Newton Fund
More informationThis Policy shall apply to Lotus Labs Private Limited (Lotus) hereinafter referred to as ( Company )
Version: 2 Section: Legal & Secretarial Page: 1 of 8 Applicability This Policy shall apply to Lotus Labs Private Limited (Lotus) hereinafter referred to as ( Company ) Background & Purpose We are committed
More informationINCUBATORS - A NEW EXPERIMENT IN SMALL BUSINESS DEVELOPMENT
Incubators A New Experiment in Small Business Development This is an article published in 1991 in the Indian Manager, (Journal of the School Management Studies, Cochin University of Science and Technology,
More informationInnovation for Poverty Alleviation
EUROPEAN COMMISSION Andris Piebalgs Development Commissioner Innovation for Poverty Alleviation Side event to the 5 th Bilateral Annual EU-South Africa Summit on the role of science and technology as tool
More informationBuilding Our Industrial Strategy Response to Government s Industrial Strategy Green Paper. from Alzheimer s Research UK
Building Our Industrial Strategy Response to Government s Industrial Strategy Green Paper Background to Alzheimer s Research UK from Alzheimer s Research UK April 2017 Alzheimer s Research UK is the leading
More informationAAPRAVASI GHAT TRUST FUND ACT
AAPRAVASI GHAT TRUST FUND ACT Act 31 of 2001 25 February 2002 ARRANGEMENT OF SECTIONS 1. Short title 2. Interpretation 3. Establishment of Fund 4. Objects of Fund 5. Board 6. Functions and powers of Board
More informationMerit Scholarship Oppor tunities
Merit Scholarship Oppor tunities A T V A N D E R B I L T Each year Vanderbilt awards merit scholarships to students who represent the top one percent of all first-year applicants. These scholarship recipients
More informationDeveloping communities through associate, customer and company engagement
Wal-Mart Stores, Inc. 2016 Global Responsibility Report Developing communities through associate, customer and company engagement When Sam Walton opened his first Walmart, it was a store of, by and for
More informationCORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY
CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY CONTENTS Clause No. Particulars Page No. 1 Preamble 3 2 CSR Policy 3 3 Scope and applicability 3 4 Objectives of CSR Policy 3 5 Resources 4 6 Funding and allocation
More informationInnovative R&D in Biotech Sector. Dr. Purnima Sharma Managing Director Biotech Consortium India Limited New Delhi
Innovative R&D in Biotech Sector Dr. Purnima Sharma Managing Director Biotech Consortium India Limited New Delhi ABOUT BCIL Biotech Consortium India Limited INCORPORATED : 1990 PROMOTER : Department of
More informationPart -2. For queries regarding my lecture:- -
Part -2 For queries regarding my lecture:- Email- vironika.studyiq@gmail.com You can also follow me for updates:- Instagram:- vironika_om Or Facebook:- Vironika sharma PRESENTED BY: VIRONIKA Bsc.(Hons.)
More informationCORPORATE SOCIAL RESPONSIBILITY POLICY
CORPORATE SOCIAL RESPONSIBILITY POLICY Background: Gulf Oil Lubricants India Ltd. ( GOLIL ) is inspired and guided by the pioneering thoughts My dharma (duty) is to work so that I can give of late Shri
More informationCORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY
Page1 CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY 1. INTRODUCTION: The new Companies Act, 2013 requires prescribed classes of Companies to appoint a Corporate Social Responsibility (CSR) Committee, adopt
More informationCorporate Social Responsibility Policy 3DPLM Software Solutions Ltd 4/1/2014
Corporate Social Responsibility Policy 3DPLM Software Solutions Ltd 4/1/2014 Contents 1. PREAMBLE:... 2 2. PURPOSE:... 2 3. POLICY STATEMENT:... 2 4. GOVERNANCE STRUCTURE:... 2 4.1 CSR Committee... 2 4.1.1
More informationFY 2014 Appropriation Request to the State of Vermont. UVM General Appropriation and Morgan Horse Farm
FY 2014 Appropriation Request to the State of Vermont UVM General Appropriation and Morgan Horse Farm MISSION STATEMENT 's mission is to create, evaluate, share, and apply knowledge and to prepare students
More informationThe Renaissance Charitable Gift Fund. Donor-Advised Fund Program
The Renaissance Charitable Gift Fund Donor-Advised Fund Program www.rcgf.org TABLE OF CONTENTS Renaissance Charitable Gift Fund... Page 2 Donor-Advised Funds... Page 3 Definitions... Page 3 Donors and
More information