Mohnish Pabrai founded the Dakshana Foundation. Here is the purpose of the foundation:
Dakshana was founded by Mr. Mohnish Pabrai (Trades, Portfolio) and his spouse, Ms. Harina Kapoor. Mohnish and Harina believe in recycling most of their estate back to society. Effective giveback is very hard to do. One is forced to confront problems that have defied solutions for decades on end - after tremendous resources and brain power has been directed by them. Billions of humans still do not have the fundamentals of adequate food, shelter, education, healthcare and a sustainable livelihood. To this end, Dakshana's management is pragmatic. We do not believe we can solve the problems of the world. We do, however, believe that we can make a small dent if we approach charitable giveback with a laser-focus and a business mindset.
Please enjoy the video of Pabrai's address speech at the December 2014 Dakshana recognition ceremony:
