NACHIAPPAN FOUNDATION TRUST has PAN registration number – AABTN8513E. It was registered with the sub-registrar’s office in Chennai on 23 August 2013. Income under the foundation trust is exempt from tax as per the certificate issued by the commissioner of income tax, Chennai. Registration certificate under section 12AA of the Income Tax Act received from the director of income tax (Exemptions) Chennai, under reference number DIT (E) No.2 (427) 13-14 SL No. 396/13-14 dated 28-03-14   Funding of the Corpus of the foundation The resources to fund the corpus of the trust will be provided by way of donations by the children and wife of the late R. Nachiappan, in whose name the foundation trust has been established. The initial corpus of the trust is Rs 41 lakhs   Bank Account The initial bank account opened with the corpus of Rs 41 lakhs is with LAKSHMI VILAS BANK, ADAYAR, CHENNAI 600 020. Bank accounts to be operated by any of the trustees