Sir Ratan Tata Trust is set up, in accordance with his will.
The Ratan Tata Industrial Institute is established to provide livelihood and employment to women from lower income groups and support old unskilled men.
Over the years, The National Metallurgical Laboratory, the National Centre for the Performing Arts (NCPA), the Tata Institute of Social Sciences (TISS), the Indian Institute of Science (IISc), Bangalore, the Delhi School of Economics and Bombay University have benefited from the funds disbursed by the Sir Ratan Tata Trust.