Was set up in the year 1989 at Mumbai. The trust was started by philanthropists and academicians who have got the zeal to promote the academic interest of educationally, economically and backward students at large. Extended objective of trust is to inculcate the research culture in the institute which would help in day to day life of rural people. The trust is managed by following trustees:
1. Shri Ramesh Chandumal Tulsiani, Settler
He is the founder of Tulsiani Builders & Textiles Pvt Ltd., a company engaged in real estate and manufacturing of textile yarn. He established the company in 1973. He was the settler of the Trust which was registered on 6th February 1989.
2. Smt. Suman Tulsiani
She is the wife of Shri Ramesh Chandumal Tulsiani, the settler and holds a Bachelor of Arts degree from Mumbai University. She stood first with French & Psychology as principal subject. She is looking after the trust for its day to day working.
3. Shri Shripad Mukund Kuvelker
He is a Chartered Accountant by profession who jointly with Mr. Ramesh Chandumal Tulsiani formed Tulsiani Builders & Textiles Pvt Ltd. He is a shareholder & a Director with Tulsiani Builders & Textiles Pvt Ltd.
4. Shri. Raghuvir Sadashiv Kuwelker
He is a trustee of the Trust. He is a Mechanical Engineer by profession & holds a Masters Degree in Business Administration; He is a Director with Tulsiani Builders & Textiles Pvt Ltd. & looking after the Construction Division.
5. Shri Bahadur Lal Jain
Mr. Jain is a Chartered Accountant & a Director in Century Cement for the last 30 years.
6. Shri Vijaykant Jagannath Kulkarni
He is a Chartered Accountant and a partner of Vijaykant Kulkarni Associated, a reputed firm of Chartered Accountants based in Pune.
7. Shri. Bharat Rajkumar Agarwal
He is a trustee of the Trust. He is a Mechanical Engineer by profession & also holds a Masters Degree in Business Administration.