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SIR RATAN TATA TRUST Annual Report 2005-2006

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SIR RATAN TATA TRUST Annual Report 2005-2006 SIR RATAN TATA TRUST Annual Report 2005-2006 July 26, 2005 – A day the city of Mumbai will never forget. Widespread destruction and havoc was caused that day due to a record downpour that lashed the metropolis, leading to unprecedented floods and bringing untold misery to the citizens. It was left to the never-say-die spirit of the Mumbaikar that eventually saved the day, as countless ordinary citizens donned the role of saviors, helping those trapped in the swirling waters from a watery grave. After the flood abated, it was left to these survivors to get on with their lives. The Trust reached out to help, in its own small way, with the Mumbai Flood Relief Programme…. VII SIR RATAN TATA TRUST • ANNUAL REPORT 2005-2006 6ISION 3IR2ATAN4ATAS6ISION His thoughts, in 1913, on the manner in which the Trust’s funds could be used: “… for the advancement of Education, Learning and Industry in all its branches, including education in economy, sanitary services and art, or for the relief of human suffering or for other works of public utility…. “To engage qualified and competent persons to investigate into matters that pertain to the social, economic or political welfare of the Indian community, the object being to design schemes of a practical nature calculated to promote the welfare of the said community, care being taken that such work is not undertaken from the stereotyped point of view but from the point of view of fresh light that is thrown from day to day by the advance of science and philosophy on problems of human well-being… Further, he also directed that: “No experiment and no venture should be aided or undertaken unless 3)22!4!.4!4!42534s!..5!,2%0/24 the scheme thereof is carefully prepared…” “No institution or organisation should be aided of which the accounts are not subject to periodic audits and are not regularly issued and which would not be open to inspection and examination…” &ARSIGHTEDVISION3IR2ATAN4ATA CIRCA I Board of Trustees Mr. Ratan N. Tata (Chairperson) Mr. H. N. Sethna Mr. N. A. Soonawala Mr. J. N. Tata Mr. K. B. Dadiseth Mr. R. K. Krishna Kumar Ms. S. K. Bharucha Trust Management Team Secretary & Chief Accountant Mr. Hoshang D. Malesra Institutional Grants Programmes Manager Mr. Arun Pandhi Programme Officer (Education) Ms. Amrita Patwardhan Programme Officer (Health) Dr. Sudeep Singh Gadok Individual Grants Programme Officer Ms. Nandini Janardhanan SIR RATAN TATA TRUST • ANNUAL REPORT 2005-2006 The Trust is grateful to the following for their valuable contributions during the year. Bankers American Express Bank, Mumbai State Bank of India, Main, Mumbai ICICI Bank, Fort, Mumbai Standard Chartered Bank, Fort, Mumbai Bank of Baroda, Fort, Mumbai Statutory Auditors M/s Jayantilal Thakkar & Co. Chartered Accountants Internal Auditors M/s C. C. Chokshi & Co. Chartered Accountants Solicitor Mr. Jehangir N. 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