In the second week of September we received reports of three trusts. Two were from Tatas — the Sir Ratan Tata Trust (SRTT), Navajbai Ratan Tata Trust (NRTT) and one from The Zoroastrian Trust Funds of Europe (ZTFE), Incorporated. They offered significant insights on how trusts of standing — though of different magnitude — can utilize their resources to pursue their charitable, social and cultural objectives.
The SRTT and NRTT along with the Sir Dorab Tata Trust are probably the largest public trusts in the country. In the financial year 2009-2010 the combined disbursals of SRTT and NRTT “touched an all......