Mumbai, Feb 10 : Tata Sons is set to channel its corporate social responsibility (CSR) funds into the Ratan Tata Endowment Trust and the Ratan Tata Endowment Foundation. These institutions, established to spearhead social sector projects, will be at the forefront of the group’s philanthropic efforts. By directing its CSR contributions to these entities, Tata Sons aims to streamline its social initiatives and maximize their impact across various sectors.
The decision comes as a continuation of the legacy of Ratan Tata, the former chairman of Tata Group, who passed away in October 2024. Throughout his career, he was a strong advocate for social welfare and invested in numerous startups, holding a 0.84% stake in Tata Sons, valued at approximately ₹10,000 crore. His contributions to business and philanthropy played a significant role in shaping India’s corporate social responsibility landscape.
By dedicating its CSR funds to the Ratan Tata Endowment Trust and Foundation, Tata Sons seeks to honor his vision and commitment to social good. These funds will be utilized to support a wide range of initiatives, ensuring that Tata Group’s tradition of philanthropy continues to make a meaningful difference in society.