Pirojsha Godrej Foundation

Last updated
Pirojsha Godrej Foundation
Founded1972;50 years ago (1972)
Type Non-profit Organization
Focus
Location
Area served
India
Key people
Godrej Family

Pirojsha Godrej Foundation is a charitable organisation based in Mumbai, India. It works in the fields of education, health, environment and disaster relief. [1] [2] [3]

Contents

About

Pirojsha Godrej Foundation was established in 1972. The objectives of the foundation include medical relief, educational aid, protection of the environment and relief funds in case of natural disasters. [4] [5] The trust owns approximately 23% of the issued equity shares of Godrej & Boyce Mfg. Co. Ltd., the holding Company of the Godrej Group. [6]  The income from dividends received with respect to these shares is utilised for promoting the objectives of the foundation. [1]

Objectives

The foundation has sponsored several thousands of students via education grants, individually as well as through institutions. [4] It also supports culture and fine arts through the Godrej Dance Academy at NCPA. [7] The Foundation has been extending medical grants. In association with the Naoroji Godrej Center For Plant Research, the foundation has been working to preserve biodiversity and mangroves in Mumbai. [8]

External grants

Some of the key beneficiaries of the Pirojsha Godrej include CII Foundation- Kerala floods, Chief Ministers Relief Fund, Prime Minister's National Relief Fund, Bombay Environmental Action Group, PRF Legislative Research and the Naoroji Godrej Centre for Plant Research and Foundation for Medical Research. [7] [9]

The WWF India headquarters was built with the help of a significant grant from the Pirojsha Godrej Foundation. [10] The foundation has also funded the Pirojsha Godrej Wing of the Breach Candy Hospital and the Red Cross Disaster Center both in Mumbai. [7] [11]   

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References

  1. 1 2 Srivastava, Samar (2 December 2013). "Forbes India - The Godrej Foundation: In Charity They Trust". Forbes India. Retrieved 21 January 2022.
  2. Hiscock, Geoff (2008). India's Global Wealth Club: The Stunning Rise of Its Billionaires and Their Secrets of Success. Hoboken, N.J.: John Wiley & Sons. p. 166. ISBN   978-0-470-82238-8.
  3. Tejaswi, Mini (24 December 2017). "The Czars of giving". Deccan Chronicle. Retrieved 21 January 2022.
  4. 1 2 Karanjia, B. K. (1997). Godrej: The builder also grows. Penguin Books. p. 316. ISBN   978-0-670-87924-3.
  5. Hiscock, Geoff (2000). Asia's New Wealth Club: Who's Really who in Twenty-first Century Business : the Top 100 Billionaires in Asia. N. Brealey. p. 272. ISBN   978-1-85788-163-9.
  6. Barman, Arijit; Vijayaraghavan, Kala (29 October 2021). "Godrej family looks to divide a $4.1 billion empire". The Economic Times. Retrieved 21 January 2022.
  7. 1 2 3 Karanjia, B. K. (14 October 2000). Final Victory: The Life-and Death-Of Naval Pirojsha Godrej. Penguin UK. ISBN   978-93-5118-784-4.
  8. Danda, Anurag (15 December 2021). "Protecting the iconic Sundarbans to preserve heritage, lives and more". Times of India Blog. Retrieved 21 January 2022.
  9. Jenkins, Cordelia (20 August 2013). "Philanthropic funds take different route". mint. Retrieved 1 February 2022.
  10. Lal, Ranjit (1994). WWF India: A Retrospective. World Wide Fund for Nature-India. pp. 1, 14.
  11. "Philanthrophys not for big companies only". The Financial Express. 6 March 2005. Retrieved 1 February 2022.