Overview
The Sir Dorabji Tata Trust was established by Sir Dorab Tata (fondly called Sir Dorabji), the elder son of Tata Group founder Jamsetji Tata. Founded in 1932, it is one of the oldest non-sectarian philanthropic organisations in India.
History
Like his father, Sir Dorabji believed that one must make use of the wealth one had acquired for constructive purposes. So, in less than a year after his wife Meherbai's death, he donated all his wealth to the trust, insisting that it must be used "without any distinction of place, nationality or creed", for the advancement of learning and research, the relief of distress and other charitable purposes. He died three months later.
The wealth that he turned over to the trust comprised his substantial share holdings in Tata Sons, Indian Hotels and allied companies, his landed properties and 21 pieces of jewellery left by his wife, including the famous Jubilee Diamond, estimated then to be of the value of Rs 10 million. Today, these would be worth more than Rs 500 million.
From Wikipedia (CC BY-SA 4.0).