The Piramal Art Foundation was founded in 2014 by the Piramal family with an aim to preserve the artistic heritage of modern and contemporary Indian art. The Art Foundation undertakes the collection, preservation and documentation of artworks for public display as well as for research and education. The Art Foundation also runs the Piramal Art Residency, one of the most prestigious art residencies to which artists from across the country apply. Fully funded, it is open to artists working in the various disciplines of visual art as well as to writers and curators who can contribute to the dialogue and energy of the residency.