The TIMA Charitable Foundation was established in 2011. Personal experience brought the difficulties that can stem from ageing and elderly care to the fore, and sensitised the Family to these issues, especially among those less privileged and vulnerable. As such, the Foundation was established with a mission to support the development of Greek nonprofit programs dedicated to social improvement in the field of ageing in Greece.
As a philanthropic organisation, the TIMA Charitable Foundation directs grants to nonprofit organisations active in Greece.
The Foundation mainly awards grants in the areas of social welfare and health care, and overwhelmingly for disadvantaged sectors of society. Grants may also be provided in the fields of education, arts and culture, specifically in relation to issues regarding the elderly in Greece.