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Ananda Krishnan
Ananda Krishnan
Ananda Krishnan donates to education, the arts, sports and humanitarian causes in Malaysia
through his company Usaha Tegas, and its subsidiaries.[12]
In 2003 Krishnan's Usaha Tegas launched the Harapan Nusantara education fund. Since 2004 the
fund has sponsored 100 students a year to attend special programs at local private universities that
collaborate with foreign universities.[13] In the same year the company also started the Yu Cai
Education Foundation with a grant of $6.6 million to help ethnic Chinese groups. [14]
In 2006 Ananda Krishnan's media company Astro introduced its scholarship program, promising to
devote an annual RM2 million to support promising Malaysian undergraduate and graduate students
studying media and broadcasting.[15]
In 2008 he contributed to the opening of the Montfort Girls Centre to help orphaned and
underprivileged girls develop their vocational skills.[16]
In 2010 Krishnan was featured on the Forbes list of 48 Heroes of Philanthropy. [17]
In January 2015 Ananda Krishnan and the Usaha Tegas Group launched the Yu Cai Foundation
(YCF).[18] YCF provides student scholarships for Mandarin-based schools and grants to educational
institutions which promote the study of vernacular languages, especially Mandarin and English. [19]