Tech Mahindra Foundation
We created the Tech Mahindra Foundation in 2007 as a major initiative to help the economically disadvantaged build better lives. Launched with a corpus of Rs 250 million (about US $5.45 million), Tech Mahindra contributes 1.5 percent of its profit after tax every year. Thanks to generous contributions from the company and employees alike, the Foundation is able to spend more than Rs 60 million (about US $1.3 million) each year on social programs.
The Tech Mahindra Foundation partners with 55 NGOs to build relationships with local communities. These organizations promote vocational, technical, and professional educational programs which empower women, children, the disabled, and the economically disadvantaged to rise according to their own potential. As part of our education building initiative, we donate computers to education programs.
In 2008, we initiated the Shikshak Samman Award in collaboration with the Municipal Corporation of Delhi in order to celebrate excellent teachers. Each year, we honor thirty outstanding teachers working in municipal schools with scholarships for professional development, cash awards, and Teaching Learning Material (TLM) kits with materials for planned activities. Public recognition helps disseminate best practices, encourage innovation and effort to galvanize teachers to be the best they can be.