Ugar Carbonic Education Foundation, a Public charitable Trust, founded in the memory of Late Shri Carlos Albino Noronha, is established to carry out the following educational and charitable objectives.

1. Spread of Education and research on any branch of Education for the advancement of knowledge and of mankind.
2. Relief to the poor and needy and also medical relief.
3. To establish and maintain or support primary schools for street children and children of poor families.
4. Awarding Scholarships, Fellowships, Grants and cash payment to the poor persons and widows desirous of receiving primary, secondary and higher education.
5. Distribution of free food and clothing to the poor and needy.
6. Granting Donations/Gifts to the Educational Institutions and other Non Government Organisations.
7. Establishment maintenance and support of Libraries, Museums and reading rooms.
8. Setting up or helping by endowments or otherwise orphanages or for poor houses for benefit of orphans and/or other deserving persons.

All disbursements under this foundation are made on 26th of March of every year on the occasion of the Birth anniversary of Late Shri Carlos Albino Noronha.