Reliance Foundation

Last updated

Reliance Foundation
Founded2010;14 years ago (2010)
Founder [1]
Type non-profit organization
Focus
Location
Owner Reliance Industries
Key people
Website reliancefoundation.org
Formerly called
Dhirubhai Ambani Foundation

Reliance Foundation is an Indian non-profit organisation which was founded in 2010 by Mukesh Ambani. It is wholly owned by Reliance Industries Limited [2] and is one of the largest non-profit foundations in the country. [3]

Contents

History

Reliance Foundation was formerly known as Dhirubhai Ambani Foundation. [4] It was founded in 2010 by Mukesh Ambani, chairperson of Reliance Industries. [1]

Purpose and activities

The foundation's objective is to promote sustainable growth in India. [5] [6] It does so in the following spheres:

The foundation also works with other philanthropies and NGOs on collaborative initiatives, for example in 2012 partnering with the television show Satyamev Jayate to provide a grant to Muktangan Rehabilitation Centre in Mumbai to help street children. [19]

Awards

Related Research Articles

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<span class="mw-page-title-main">Dhirubhai Ambani</span> Indian billionaire businessman (1932–2002)

Dhirajlal (Dhirubhai) Hirachand Ambani was an Indian billionaire businessman who founded Reliance Industries in 1958. Ambani took Reliance public in 1977. In 2016, he was honoured posthumously with the Padma Vibhushan, India's second-highest civilian honour for his contributions to trade and industry. Ambani faced numerous accusations of market manipulation, tax evasion, and cronyism.

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The Dhirubhai Ambani International School (DAIS) is a private co-educational LKG-15 dayschool in Mumbai, Maharashtra, India, built by Reliance Industries, named after the late patriarch of the conglomerate, Dhirubhai Ambani. The school was established in 2003 and has been an IB World School since January 2003. It offers the International Baccalaureate Program in its Diploma form. Nita Ambani, wife of Mukesh Ambani is the chairperson of the school.

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Reliance Foundation Youth Sports (RFYS) is a program spearheaded by the Reliance Foundation, the non-profit and CSR arm of Reliance Industries. It focuses on promoting youth sports in India, particularly at the school and collegiate levels. Currently eight cities are participating in this initiative, with the long-term goal of creating a sports association similar to the NCAA in the United States. In 2015, Reliance Foundation also launched Reliance Foundation Young Champs (RFYC), a program to develop football talent in India. The program is linked to the eight cities participating in the Indian Super League, and the respective teams conduct grassroots initiatives to support RFYC.

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References

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