Muthoot M George Foundation
Stemming from the value of “serving others”, the Muthoot M George Foundation was established in the memory of our Founder Chairman Late Shri M. George Muthoot. This charity wing of the colossal conglomerate nurtures some profound values that make it equally respected and recognized.
Welfare programs organized by the foundation are aimed at providing assistance to deserving individuals. We believe that community support is a social responsibility of business as they are the force which drives our growth in more ways than one can imagine. The Muthoot Group plays a vital role in enhancing the quality of life of communities that the Muthoot M. George Foundation serves.
The Foundation takes keen interest in extending financial support to the needy in the following situations:
- In case financial support is required for the treatment of illness of a family member as well as for family maintenance. These expenses are normally reimbursed directly to the hospital.
- In cases when there is a need for funds for the marriage of a daughter in the family, especially in those circumstances when the girl has lost both her parents or if the daughter has a widowed mother.
- In case a child does not have the required funds to complete his or her higher education in a Professional Course.
The Muthoot M. George Foundation helps a number of organizations as well as individuals in need of financial as well as medical assistance. Innumerable organizations approach us to request medical or financial assistance. The Community Support Cell of the Group helps us select and narrow down number of beneficiaries. The selection is done by consensus. The committee, then, makes genuine efforts in considerably improving the condition of those in need.
Corporate Social Responsibility extends beyond the Foundation at The Muthoot Group. Every branch of The Muthoot Group is actively involved in Community Development and Social Welfare in one form or the other. Every month, the Welfare Committee meets and decisions are taken on a case-to-case basis. No deserving cases are declined or kept in abeyance.