SUMAN RAMESH TULSIANI CHARITABLE TRUST

What SUMAN RAMESH TULSIANI CHARITABLE TRUST does

The Suman Ramesh Tulsiani Charitable Trust is a privately-held, family-controlled philanthropic organization established in 1989 by Smt. Suman Tulsiani and Shri Ramesh Chandumal Tulsiani, headquartered at 1103 Tulsiani Chambers, 212 Nariman Point, Mumbai 400 021. The Trust provides financial assistance and funds infrastructure projects across four declared verticals: Education, Healthcare, Welfare, and Culture. It operates as a non-commercial entity; funding is sourced from the founders' personal resources and disbursed at the sole discretion of trustees, with no revenue-generating business activities and no third-party investors.

The Trust's program portfolio splits between individual financial assistance (school and college fees, foreign educational loans up to Rs. 2 lakhs for postgraduate study abroad, medical treatment grants for surgeries, organ transplants, chemotherapy, and radiation) and large-scale infrastructure donations. Named, branded assets include the Suman Ramesh Tulsiani College of Engineering (Kamshet, approximately 700 students, built at ~Rs. 100 crores), Shushrusha's Suman Ramesh Tulsiani Hospital (140 beds, Vikhroli, Rs. 25 crore donation toward a Rs. 60 crore facility operating under a co-operative hospital model with 30% lower charges than corporate hospitals), the Netrajyoti Mobile Eye Clinic (Rs. 50 lakh customised van for rural eye camps), and the Suman Ramesh Tulsiani Convention Centre at Sophia College (Rs. 80 lakhs). Beneficiary organizations span Bhaktivedanta Hospital, ACTREC-TATA Memorial Centre, SRCC Hospital, ISKCON Kharghar, Vivekanand Education Society, KC College, Sophia College, V Care Foundation, Annamrita Foundation, Dr. Hedgewar Hospital Aurangabad, Nana Palkar Smriti Samiti, Asian Heart Institute, Shanti Avedna, Snehbandhan Charitable Trust, and Goa Hindu Association's Snehmandir.

The Trust is governed by a seven-member board comprising founders Ramesh Chandumal Tulsiani (Founder/Settlor), Suman Ramesh Tulsiani (Settlor/Trustee), and external trustees including Shripad Mukund Kuvelkar (Chartered Accountant, co-founder of Tulsiani Builders & Textiles Ltd.), Raghuvir S. Kuwelker (Director, Tulsiani Group), Bahadur Lal Jain (Full Time Director, Century Textiles & Industries Ltd.), Vijaykant J. Kulkarni (Partner, V.J. Kulkarni & Associates), and Bharat Agarwal (Executive Director, Vishwakarma Group). Operations are delivered through direct in-person applications at the Mumbai office (Mondays–Fridays, 3–5 PM, contact Tel: 022-2285 1505 / 022-2282 2577, email [email protected]) and through referral-based relationships with partner hospitals, NGOs, and educational institutions across Maharashtra, Pune, Goa, and Lonavala. The Trust employs approximately 10 people, reflecting a lean operational model where partner organizations execute programs while the Trust provides philanthropic capital.

Name

SUMAN RAMESH TULSIANI CHARITABLE TRUST

Legal name

SUMAN RAMESH TULSIANI CHARITABLE TRUST

Website

https://tulsianitrust.com

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

1–10 employees

Short description

The Suman Ramesh Tulsiani Charitable Trust is a Mumbai-based private philanthropic foundation, established in 1989, that funds education, healthcare, welfare, and cultural programs through grants, scholarships, and infrastructure donations across Maharashtra, Goa, and Lonavala.

Ownership category

akta.pro rank

Product category

Charitable Foundation / Philanthropic Grant-making

NAICS

Grantmaking and Giving Services (81321), Grantmaking and Giving Services (8132)

SIC

Services-Social Services (8300)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB), Scholarship & Fellowship Foundations and Trusts (EDADAHAC)

Keywords

• Educational scholarships
• Healthcare financial assistance
• Charitable grants
• Medical aid funding
• Welfare programs

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Others, Operations, Personnel

Distribution channels1 record

Marketing channels5 records

Core offering

The Suman Ramesh Tulsiani Charitable Trust is a private philanthropic foundation that provides financial assistance in the form of grants, scholarships, and project funding across four verticals: Education, Healthcare, Culture, and Welfare. Its offerings include foreign educational loans (up to Rs. 2 lakhs) for postgraduate study abroad, domestic school and college fee assistance, financial aid for surgeries, transplants, chemotherapy and radiation, and grants for welfare and cultural initiatives. The Trust also funds and co-manages major infrastructure projects including a 140-bed hospital, an engineering college, a mobile eye clinic, and a convention centre auditorium.

Product overview

The Suman Ramesh Tulsiani Charitable Trust operates as a philanthropic organization offering financial assistance programs and funding infrastructure projects across four verticals: Education, Healthcare, Welfare, and Culture. The trust's service portfolio includes Foreign Educational Loans (up to Rs.2 lakhs for overseas studies), Domestic Educational Assistance for Mumbai students, Healthcare Medical Aid for surgeries and treatments, and Welfare/Cultural Sponsorships. Additionally, the trust has established branded infrastructure including the Netrajyoti Mobile Eye Clinic, Shushrusha's Suman Ramesh Tulsiani Hospital (140-bed facility), Suman Ramesh Tulsiani Engineering College, and the Suman Ramesh Tulsiani Convention Centre. The trust also runs environmental initiatives like the No Plastic Campaign distributing cloth bags.

Differentiator

Problem solved

Functional benefit

Products and services

• Foreign Educational Loans Provides loans up to Rs. 2,00,000 for candidates aspiring to pursue higher or specialized postgraduate courses abroad at reputed international universities, with repayment terms and guarantor requirements. For economically disadvantaged Indian students seeking overseas postgraduate education.
• Domestic Educational Assistance Provides financial assistance for school and college fees to deserving students across various streams in Mumbai, covering primary and secondary education through specialized professional courses. For underprivileged students from primary to postgraduate level.
• Healthcare Medical Aid Provides financial assistance to patients for surgical procedures, organ transplants, chemotherapy, and radiation treatments at approved hospitals. Applications must be submitted 8-10 days before scheduled surgery. For patients unable to afford expensive medical treatment.
• Netrajyoti – Mobile Eye Clinic Rs.50 Lakhs mobile eye clinic project featuring a customized van with ophthalmic equipment to detect eye and vision impairments, conducting 50 eye camps in rural villages of Thane and Palghar districts with free spectacles distribution. Managed and conducted by Bhaktivedanta Hospital & Research Institute. For children in rural villages.
• Shushrusha's Suman Ramesh Tulsiani Hospital 140-bedded state-of-the-art hospital in Vikhroli, Mumbai, established with Rs.25 crore donation from the Trust, providing affordable healthcare at 30% lower charges than corporate hospitals. Operated by Shushrusha Citizens Co-operative Hospital Limited, Dadar. For residents of eastern suburbs of Mumbai.
• Suman Ramesh Tulsiani College of Engineering Engineering college in Kamshet, Lonavala established in 2015-16 with approximately 700 students on a 25-acre campus, built at Rs.100 crores entirely funded by the Trust, with an international primary and secondary school also operating on campus. For students seeking premier engineering and school education.
• Suman Ramesh Tulsiani Convention Centre Spacious auditorium donated to Sophia College for students, funded with Rs.80 lakhs contribution from the Trust. For Sophia College students and the college community.
• No Plastic Campaign Environmental awareness campaign distributing high-quality cloth bags to reduce plastic usage, gaining momentum across society. For the general public and communities reducing single-use plastic.
• Welfare and Culture Sponsorships Evaluates and provides grants for welfare and cultural events throughout the year based on trustee discretion, including support for old age homes, senior citizen counselling centres, cultural events, and Sindhi cultural preservation. For welfare organizations and cultural bodies.

Quantifiable outcome

• Suman Ramesh Tulsiani Hospital at Vikhroli: 140-bed state-of-the-art facility serving emergency, routine and other health problems at 30% lower charges than corporate hospitals
• +3 more outcomes

Named customers19 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

15 partnerships are on record, tiered core and minor.

• Bhaktivedanta Hospital & Research InstitutecoreStrategic or Co-development Partner · 1 April 2019Bhaktivedanta Hospital & Research Institute manages and conducts the Netrajyoti Mobile Eye Clinic project funded by the Trust. The project includes a customized mobile van with ophthalmic equipment and 50 eye camps for children in rural villages of Thane and Palghar districts.
• ISKCON KhargharcoreStrategic or Co-development Partner · 22 March 2019Trust donated Rs. 55 lakhs for the Vanprastha Ashram at ISKCON Kharghar. The Ashram occupies an entire floor with 14 self-contained rooms and three dormitories accommodating about 40 people. Inaugurated by Suman & Ramesh Tulsiani.
• ACTREC, TATA Memorial CentrecoreStrategic or Co-development Partner · 1 March 2019The Trust donated Rs. 19 Lakhs for Clinical Research at ACTREC (one of India's premier medical institutions in Cancer Treatment). The MoA was signed by Ramesh Tulsiani and Dr. Sudeep Gupta, Director, ACTREC.
• SRCC HospitalcoreStrategic or Co-development Partner · 1 January 2019Trust joined hands with SRCC Hospital to launch the Paediatric Bone Marrow Transplant (BMT) Donor Support Group, providing Rs. 1 lakh per patient monthly. Also provides Rs. 50,000 per month for two cardiac patients and Rs. 2 lakhs to four patients awaiting cardiac surgeries.
• Shushrusha Citizens Co-operative HospitalcoreStrategic or Co-development PartnerTrust donated Rs. 25 crores for establishing Shushrusha's Suman Ramesh Tulsiani Hospital at Vikhroli, a 140-bed state-of-the-art facility. The co-operative hospital model offers 30% lower charges than corporate hospitals.
• V Care FoundationcoreStrategic or Co-development PartnerLong-standing association since V Care's inception in 1994. Trust provides Rs.6-7 lakhs annually for cancer patients at TATA Memorial Hospital. Also celebrated 25th Cancer Survivors Day together at NSCI, Worli.
• Annamrita FoundationcoreStrategic or Co-development PartnerTrust donated for building a kitchen at Cooper Hospital enabling Annamrita to serve meals to needy patients. Also supports mid-day meals sponsorship for school children.
• Asian Heart InstituteminorStrategic or Co-development PartnerTrust donated Rs. 25 lakhs for the Children Heart Department. Also hosted event with Dr. Ramakant Panda where a cheque of Rs. 5 lakhs was presented to Nobel Laureate Kailash Satyarthi.
• Vivekanand Education SocietycoreStrategic or Co-development PartnerTrust donated Rs. 1.30 crore for MCA Department building at VES IT College. Awarded Rs. 12 lakhs in scholarships to 136 students. Special grants to schools for hearing impaired and special education teachers.
• KC CollegecoreStrategic or Co-development PartnerTrust provides scholarships and awards to KC College students. Participated in Aanandotsav 2018 as Chief Guest and donated Rs. 1 lakh to support NSS Unit activities.
• Sophia CollegecoreStrategic or Co-development PartnerTrust donated Rs. 80 lakhs for the Suman Ramesh Tulsiani Convention Centre auditorium. Mrs. Suman Tulsiani is an alumna who stood first from Mumbai University.
• Dr. Hedgewar Hospital, AurangabadcoreStrategic or Co-development PartnerTrust donated Rs. 50 lakhs for a Dialysis Centre at this hospital. The hospital has treated 60,00,000 poor patients since 1989.
• Nana Palkar Smriti SamiticoreStrategic or Co-development PartnerTrust donated Rs. 40 lakhs to set up a Specialty Laboratory conducting modern blood tests including HIV and other critical disease detection. Samiti provides free lodging/boarding for patients and families.
• Snehbandhan Charitable TrustcoreStrategic or Co-development PartnerTrust donated Rs. 25 lakhs to help repay loans and Rs. 10 lakhs for facilities at the old age home in Kansal, Pali, accommodating 60 people.
• Goa Hindu AssociationcoreStrategic or Co-development PartnerTrust donated Rs. 15 lakhs for SumanKutir cottage and Rs. 35 lakhs for Centre for Love & Care home for elderly at Snehmandir, Bandode, Goa.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Reliance Foundation: Large Indian family foundation with deep healthcare and education programs at national scale, providing a benchmark for what scaled-up Trust operations could resemble.
• Tata Trusts: India's largest private philanthropic umbrella funding health, education, and livelihoods — the closest comparable at scale and a benchmark for the breadth of causes Suman Ramesh Tulsiani Charitable Trust aims to cover.

Direct peers

• Mahindra Foundation: Family-led Indian philanthropy with major education and livelihoods programs, similar in structure and cause verticals to the Tulsiani Trust.
• Infosys Foundation: Corporate-backed Indian foundation funding rural healthcare, education, and cultural programs — closely aligned with the Trust's four-vertical (education, healthcare, welfare, culture) giving strategy.
• Birla Education Trust: Long-running Indian philanthropic trust funding schools, colleges, and hospitals — directly comparable to Suman Ramesh Tulsiani Charitable Trust's infrastructure-led philanthropy model.
• Aditya Birla Foundation: Indian family foundation focused on education, healthcare, and rural development — a directly comparable peer in mission and operating geography.
• Azim Premji Foundation: Family-led Indian philanthropy with major capital deployment into education and healthcare infrastructure, directly comparable to the Trust's engineering college and hospital funding model.
• Hinduja Foundation: Indian family foundation with cross-vertical giving in healthcare, education, and welfare — comparable in scope and family-driven governance.

Emerging players

• Cipla Foundation: Healthcare-focused Indian philanthropy, overlapping with the Trust's cancer, cardiac, and mobile eye clinic programs at TATA Memorial, SRCC, and Shushrusha.
• Wipro Foundation: Education-focused Indian philanthropy, comparable to the Trust's scholarship, foreign education loan, and engineering college programs.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/Suman-Ramesh-Tulsiani-Charitable-Trust-605475742962632
• LinkedInlinkedin.com/company/suman-ramesh-tulsiani-charitable-trust

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about SUMAN RAMESH TULSIANI CHARITABLE TRUST