Ratan Tata Trust

Ratan Tata Trust also known as “Sir Ratan Tata Trust” is the philanthropic Organization run by Tata group founders. 65% stake of Tata Sons, The key holding company of Tata group is hold by various Tata group charitable organizations. One is Sir Ratan Tata Trust.

Here is the official website of Sir Ratan Tata Trust.

Many people have a false belief that Sir Ratan Tata trust is set by current chairman of Tata Group, Ratan Tata. But it is not true.

Sir Ratan Tata trust was founded by Previous Ratan Tata (In photo) and not the current Ratan Tata who is the chairman of Tata Group.

About Sir Ratan Tata Trust -

The Sir Ratan Tata Trust is one of India's oldest grant-bestowing foundations. It was established in 1918 following the death of Sir Ratan Tata, the younger son of Group founder Jamsetji Tata, and it operates in accordance with his will. Sir Ratan wanted to establish a trust that would help further "the advancement of education, learning and industry in all its branches."

The trust makes, broadly speaking, two types of grants: institutional grants, under which come programme grants, endowment grants and small grants; and individual grants, which are medical and educational grants.

Institutional grants

• Programme grants: These cover rural livelihoods and communities, education, health, art and culture, and civil society and governance.
• Endowment grants: The trust supports institutions that work within the thematic areas that it focuses on.
• Small grants: This caters to the needs of small, welfare-oriented organisations, and those needing support to implement innovative ideas.

Individual grants

• Medical grants: Grants are disbursed to patients requiring help to meet treatment expenses.
• Educational grants: The trust supports individuals pursuing higher education through its ‘studies in India’ programme and through travel grants.

 

About Sir Ratan Tata -

The founder of the Tata Empire, Jamsetji Tata, was a true nationalist who foresaw the significance of the industrial revolution for India. He had a desire to catapult India to a place amongst the leading industrial nations of the world. Sir Ratan Tata, the younger of his two sons, was born on 20th January 1871. He was educated at St. Xavier's College in Bombay.

Being a director in most of the Tata promoted companies, he naturally took a keen interest in them. After his father's death in 1904, Sir Ratan, and his elder brother Sir Dorabji, followed in the footsteps of their father, looking after the Tata industrial units with a national outlook. Inspired by their father, both sons sincerely believed that by doing so, they were contributing to India's industrial growth out of national interest. Thus, Tata Iron and Steel Co. Ltd., the three hydro companies and the four textile mills, were considered by the public as examples of India's national effort at industrial development.

Sir Ratan was extremely kind hearted and generous, always willing to lend a helping hand to any individual or institution in distress. He had a true Indian outlook with a nationalistic fervour; on the other hand, he also possessed a balanced, broad-minded mental viewpoint.

Serious charity meant making the effort to identify a cause one deeply cared about, and then devoting time as well as effort and money. In his short, but satisfying lifetime, Sir Ratan had identified several issues, which bear testimony to his munificence. A glance at the donations and endowments made by him during his lifetime, typifies his concern for various deserving causes, and is an insightful antecedent to the Trust's present day grant-bestowing policy