About
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Headquarters
Aluva, Kerala
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Since
1996
The Federal Bank Hormis Memorial Foundation, established by the Federal Bank in 1996, honours the memory of its founder, K. P. Hormis. The Foundation' Read mores primary focus is on enhancing knowledge and awareness in the banking sector. It achieves this through training programmes, seminars, awards, and related initiatives. Notably, the trust and its activities were officially inaugurated by the former Union Finance Minister, Shri. P. Chidambaram, in Ernakulam on 18th October 1996. Federal Bank also operates under a Corporate Social Responsibility (CSR) Policy, which aligns with the Companies Act, of 2013. This policy outlines the CSR vision, committee, and projects in accordance with the Companies Act 2013 and Companies (Corporate Social Responsibility Policy) Rules 2014. The Federal Bank Hormis Memorial Foundation is the primary body responsible for implementing various CSR programmes and projects, effectively serving as a dedicated vehicle for these activities.
Cause Area
Sector
Programs
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Commemorative Lectures Programme
The Federal Bank Hormis Memorial Foundation conducts the Commemorative Lecture Series, featuring prominent speakers like Shri. P. Chidambaram, Shri. S. Venkitaraman, and Dr. Shashi Tharoor. These lectures cover various topics, from Indian banking and globalization to governance and financial inclusion. Notable figures such as the Late Mr. Arun Jaitley, Dr. Raghuram G Rajan, and Mr. Shaktikanta Das have also contributed insights on reforms, the Indian economy, and global economic orders. These lectures provide valuable perspectives on a wide range of subjects, fostering knowledge and awareness in the field.
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Scholarship Programme
The Federal Bank Hormis Memorial Foundation has been granting scholarships since the 2005-06 academic year to support deserving students pursuing professional courses. In the fiscal year 2020-21, it expanded its efforts by adding 13 more scholarships for nursing students, resulting in a total of 45 nursing scholarships. In that same year, the Foundation extended its support to 125 eligible students out of 150 available slots. These scholarships encompass various fields, including Medicine, Engineering, BSc (Agri), MBA, BSc Nursing, and assistance to the children of Armed Force Personnel who made the ultimate sacrifice. Since the programme's inception, 1015 students have been awarded scholarships, with 418 students currently benefiting from this initiative.
Leadership Team
Demographics & Structure
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No. of Employees
100+
M&E
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Internal, External Assessors
No
Policies
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Ethics and Transparency Policies
No
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Formal CEO Oversight & Compensation Policy
No
Political & Religious Declarations
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On Affiliation if any
No
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On Deployment Bias if any
No
Registration Details
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12A
AAATF0302NE20206
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80G
AAATF0302NF20221
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FCRA
Not Available
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CSR Registration Number
Not Available
Location
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Headquarters
Federal Bank Hormis Memorial Foundation, Federal Bank Ltd, Corporate Office, Federal Towers, Aluva, 683101
Directions
Other Details
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Parent Organisation
Federal Bank
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Type & Sub Type
Non-profit