Persistent Foundation
In order to fulfill the Company’s Corporate Social Responsibility, Persistent Systems has been donating to the institutions, working primarily in the field of Health and Education since the financial year 1995-96. The Company earmarks 1% of the Consolidated Net Profit of the previous financial year for the purpose of donation in the subsequent financial year. To institutionalize Persistent System’s Corporate Social Responsibility initiative and to develop a systematic approach to administer the process of grant of donations, the Company formed a public charitable trust, named Persistent Foundation (the “Foundation”) on October 29, 2008. The Foundation was registered with the office of the Deputy Charity Commissioner, Pune on March 21, 2009.
Read more about this topic: Persistent Systems
Famous quotes containing the words persistent and/or foundation:
“Strange, that some of us, with quick alternate vision, see beyond our infatuations, and even while we rave on the heights, behold the wide plain where our persistent self pauses and awaits us.”
—George Eliot [Mary Ann (or Marian)
“In strict science, all persons underlie the same condition of an infinite remoteness. Shall we fear to cool our love by mining for the metaphysical foundation of this elysian temple? Shall I not be as real as the things I see? If I am, I shall not fear to know them for what they are.”
—Ralph Waldo Emerson (1803–1882)