IDFC Foundation is a wholly-owned subsidiary of IDFC and was set up in March 2011 as a not-for-profit company under Section 25 of the Companies Act, 1956 to oversee and coordinate the various development activities being pursued by IDFC Group. The objective of the Foundation is to ensure that CSR activities are skillfully and inextricably woven into the fabric of the Group’s business strategy and ensure that the Group meets its core objective of creating value for all stakeholders.
Effective April 2014, IDFC Foundation has been acting as the Implementing Agency for the CSR agenda of IDFC Group. Keeping in view of the significance of livestock sector, several efforts have been made in the past to improve the livestock sector both by public and private agencies. One such effort was made jointly by JK Trust as implementing agency & sponsored by IDFC Ltd in Madhya Pradesh under its Corporate Social Responsibility - ‘Shwetdhara” project. For providing better animal husbandry Services to the farmers, IDFC Foundation is sponsoring 45 Integrated Livestock Development Centers in 9 districts of Madhya Pradesh and 25 ILDCs in 5 districts of Karnataka.