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MindTree launches MindTree Foundation

This article was posted on Aug 19, 2008 and is filed under Press Releases

MindTree Limited (“MindTree”), a global IT and R&D Services Company, today announced the launch of MindTree Foundation, a not-for-profit organization. The announcement coincides with the 9th anniversary of MindTree.

MindTree Foundation will function as a corporation under the oversight of a specially constituted Board of Directors, and will work globally in the area of supporting primary education and differently-abled persons, including the use of assistive technologies. MindTree Foundation will be led by a full-time CEO. Until a permanent CEO is identified, MindTree Gardener Subroto Bagchi will lead the Foundation. MindTree Foundation has been set up with a corpus fund from MindTree and donations made by Aztec and MindTree Minds.

“MindTree has always been known for its social sensitivity, which is an integral part of our value system, called CLASS. Our association with differently-abled children and our work in the area of primary education goes back to the days of our inception. It has been our endeavor to bring the various social responsibility initiatives we have undertaken over the years under one umbrella,” said MindTree Chairman & Managing Director Ashok Soota. “The launch of MindTree Foundation makes this 9th Anniversary an historic occasion for us. More than the power to make a difference through money, MindTree Foundation will seek to establish higher ground.”

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