[6] He donated monies on princely scale for philanthropic and educational purposes, which led to foundations of educational institutions like, Madhavlal Ranchhodlal Chhotalal High School, Madhavlal Boarding, Ranchhodlal Chhotalal Technical Institute,[8] Sanskrit School at Ahmadabad, Gujarat College, Ahmadabad, Sydenham College of Commerce, Bombay, The Royal Institute of Science, Bombay.
[7] To mention, a few, Chinubhai Madhavlal in 1897 came forward and donated 33 acres of land along with generous cash donations worth millions of rupees for the expansion of Gujarat College, which was started under leadership of his grandfather Rai Bahadur Sheth Ranchhodlal Chhotalal, in 1879.
He also built a beautiful public garden named Madhav Baug in memory of his father Sri Madhavlal for the use of people of Ahmadabad.
[7] Sir Chinubhai was also a great patron of arts and literature and donated handsomely for the purpose.
[14][15] Due to his handsome donations, together with his active participation in public and civic affairs in year 1910, Chinubhai Madhavlal was appointed a Companion of the Order of the Indian Empire (CIE) in 1907,[16] and was knighted in 1910.
[3][19] He died in March 1916 at the age of 52 only and his son Sir Girijaprasad succeeded him as 2nd baronet and inherited his businesses and legacy.