The Sri Raja-Lakshmi Foundation (Telugu: శ్రీ రాజా లక్ష్మీ ఫౌండేషన్) is an Indian charitable trust that promotes arts, sciences, literature, medicine, journalism, humanities and other intellectual pursuits and to honour distinguished persons in these fields. Established in 1979 in Madras by Late P. V. Ramaniah Raja, a businessman, the foundation instituted the 'Raja-Lakshmi Award'.
Erstwhile the Raja–Lakshmi Award carried a prize amount of ₹1,00,000, a citation and a plaque. The awardees also received the Dr. K. V. Rao and Dr. Jyoti Rao Award of US$2000, in association with the Telugu Fine Arts Society, New Jersey, USA. The Foundation has also instituted the 'Ratna Rao Memorial Prize' which is awarded annually to the best student in M.Sc. Chemistry at the Indian Institute of Technology Madras.
The organisation, along with the Raja–Lakshmi Award, instituted awards such as the Raja–Lakshmi Literary Award (1987–1999) and "Recognise the Teacher" Award. Special awards (Raja–Lakshmi Visishta Puraskar) have also been announced on a one-off basis. 'Lakshmi-Raja Vaidika Puraskar' was instituted in 1994, coinciding with the 60th birthday of Smt. Mahalakshmi Raja, founder trustee of the Foundation. This Award honours Vedic scholars, and consists of a Citation, a plaque and a cash prize of ₹25,000/-.
These Awards were announced on August 15 (birthday of Late Smt. Mahalakshmi Raja) every year and presented at a function on November 19 (birthday of Sri Ramaniah Raja) in the same year.
The Foundation is now actively involved in charitable work in areas of Education, Education improvement, Environment, Health, Culture and assistance for special children.