The objects of the Foundation shall be,--
         (i) to emphasise the essential unity of all true arts;
         (ii) to work for the recognition of the arts as vital to the individual, national and international growth;
         (iii) to maintain the highest traditions of art and culture in their pristine purity and in conformity with traditions;
         (iv) to arrange for the training, research, study, teaching and development of art and science, music, dance-drama, fine arts, and Bharat-Natyam; and
         (v) to ensure that the principles of "education without fear" and "art without vulgarity" are adhered to in the activities of the Foundation and not to permit any deviation from these high ideals