The Media Development Foundation, a not-for-profit public trust, was established in 1999 to foster journalism
as an independent, investigative, socially responsible, and ethical profession. It aims to promote excellence in
the field through education, training, and media-related research. It seeks to equip the aspiring modern journalist
with the capabilities to achieve world-class standards in the profession. It is committed to promoting diversity and
broadening access to journalism by offering educational and training opportunities to all groups in society, including
those who are severely underrepresented in the journalistic profession.
The Trustees of the Foundation are: Sashi Kumar (Chairman), journalist, TV anchor and filmmaker; N. Ram, Chairman, Kasturi and Sons Limited; N. Murali, Co-Chairman, Kasturi and Sons Limited; C. P. Chandrasekhar, Professor of Economics, Jawaharlal Nehru University, and newspaper columnist; and Radhika Menon, Managing Editor of Tulika Publishers.
In pursuit of its goal, in 2000 the Foundation took over, by agreement with the parent B. D. Goenka Foundation, the
Asian College of Journalism, which had been functioning successfully for six years in Bangalore. The College was
moved to Chennai and its course content was restructured and broadened. The first class graduated in June 2001.