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Dr. P. S. Shankar Prathishthan, was established and registerered as trust on 28th August 2000 in the name of Dr. P. S. Shankar, an eminent medical teacher, clinician, administrator, research worker and author. The trust has the aim of recognizing his dedicated services to the mankind through medical care, and teaching. It is to perpetuate his ideals of service to the societry to create a healthy Nation.

The objectives of the "Trust are being carried out with majority of the financial support from the family members and well wishers of Dr. P. S. Shankar.