Azim Premji began his systematic philanthropic activities in 2001. Over the past years, he has transferred a significant part of his personal wealth, including the economic ownership of about 74 per cent of Wipro’s shareholding, for philanthropic purposes. He has irrevocably donated and created an endowment currently valued at approximately USD 35 billion (INR 262,000 crores) to fund work (mentioned below). Azim Premji Foundation (‘the Foundation’) continues to have 67 per cent of the economic ownership of Wipro.
The work of the Foundation spans from education to other important areas of equity and human well-being. In education, the Foundation has its own operations. In the other fields, it supports a large number of not-for-profits through multi-year financial grants.
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