Donation FAQs

For donation queries in India or other countries: Contact Purva Jain from Dean ACR office at purva.jain@iitbacr.com For Donation queries in USA: Contact IIT Bombay Heritage Foundation (HF) office at hfoffice-group@iitbombay.org

  • How can I ensure my donation will go to the designated cause?

Fiscal responsibility and transparency are important to IIT Bombay. We have a dedicated team at ACR office that ensure that all donated funds are used efficiently to the designated cause.

  • How do I make a donation in honour or memory of someone?

It’s easy to celebrate the life of a loved one by making a donation to the IIT Bombay in their honor or memory. You can contact at purva.jain@iitbacr.com to know the details and process of the naming, cause, and donation process.

  • How do inform that my donation assigned to a specific cause in a legacy project? For e.g. Donating to C1974 class gift but for Name scholarship.

While donating in USA and UK, you can mention the cause in the comment field. While donating in India or from any other country, mail to purva.jain@iitbacr.com. We will ensure your donation is diverted to the assigned cause.

  • What Tax benefit do I get by donating to IIT Bombay

Any donation to IIT Bombay in India is eligible for 100% tax exemption with no upper limit under 80G. Please do consult your CA/Tax consultant for your particular tax scenario.

  • As a US taxpayer, what Tax benefit do I get by donating to IIT Bombay?

US taxpayers can made donations via IIT Bombay Heritage Foundation (IITBHF), which is a 501(c)(3) organization, are generally tax-deductible under US tax law.  IITBHF’s US Federal Tax ID number is 77-0428724. Please consult with your financial and tax advisers regarding your specific situation.

  • As a UK taxpayer, what Tax benefit do I get by donating to IIT Bombay?

UK taxpayers can claim tax relief for their donation made via IITUK. IIT Alumni UK is a registered charity, duly registered and regulated by the Charities Commission. Please ensure to select claim Gift Aid, which allows your donation to be topped up by 25%.

  • How can I make a pledge that I will fulfil over the next few years?

You can make a pledge to IIT Bombay for the Class of 1974 by using the following form. Pledges may be made in Rupees, Dollars, Pounds, Euros, Singapore or Canadian Dollars. Pledges for the Golden Jubilee Reunion need to be fulfilled by 2026. Please also email purva.jain@iitbacr.com if you make a pledge so she may follow up.
Pledge Form: https://forms.gle/TaVYqrwmQnRUxzvZ9

  • I have filled the pledge form, what next?

You can make direct contributions using the following links.

(Please mention “Class of 1974 Legacy Project” while donating)

  • For Non US, non UK, and also in India, the best way is to donate via Bank Transfer to IIT Bombay account as follows:

While doing NEFT/RTGS/IMPS, please mention in the comment “Class of 1974 Legacy Project“. Additionally, also notify purva.jain@iitbacr.com with the details like Name, Address, Contact Number, Pan no. and GST no. (if donating through company). This will assist in creating donation receipt for the donor.

State Bank of India, Powai, Mumbai
Account Name: IIT Bombay Donation Account
Account No: 10725730111
Swift Code: SBININBB519
IFSC Code: SBIN0001109
Account Type: Current

ICICI Bank, Powai, Mumbai
Account Name: IIT Bombay Donation Account
Account No: 002001027634
IFSC Code: ICIC0000020
Account Type: Current

  • Whom should I send the cash donation to, if I live in US, India, UK or elsewhere?

In India, contributions are accepted through methods such as cheques, bank transfers, credit cards, real estate, and bequests. In the USA, donations are accepted via cheque, bank transfer, PayPal/Credit card, bequests, securities, wire transfer, and cryptocurrency. In the UK, contributions are accepted through credit card. Please contact HF office at hfoffice-group@iitbombay.org for any query related to donations in the USA and purva.jain@iitbacr.com for any queries related to donations in India or any other country.

  • How do I donate shares/stocks, for different geographical locations (US, India, rest of the world)

US Residents, who wish to donate by contributing securities, please contact IITBHF at +1 (408) 252-1664 or write to hfoffice-group@iitbombay.org for instructions. Those who want to donate through shares/stocks in India can write to Purva Jain at purva.jain@iitbacr.com

  • Should I include company matching amount in the total value of the pledge?

Yes, you can pledge the total amount that includes your company’s matching amount. Please contact your company HR to start the company matching process.

  • I have not received the receipt after donation.

Automated receipt gets generated in online mode of donation. In case you have donated through cheque, NEFT transfer or any other offline mode. Please inform us at purva.jain@iitbacr.com with Full Name, Purpose, Address, PAN number and GST number (if donating through company) to prepare donation receipt in your name. For queries regarding US Donations, please contact hfoffice-group@iitbombay.org .

  • My donations are failing. What do I do?

If you’re facing an error for online donation please contact our support team at purva.jain@iitbacr.com For queries regarding US Donations, please contact hfoffice-group@iitbombay.org .

  • Can I make a donation from a Donor Advised Fund (DAF) for the Class of 1974 Legacy Project at IIT Bombay Heritage Foundation if I’m in the US?

Yes, if you’re in the US, you have the option to use a Donor Advised Fund (DAF). To make a donation, select IIT Bombay Heritage Foundation as the charity, specify the donation amount, and use the comment field to indicate the purpose, recommending “Class of 1974 Legacy Project.” IIT Bombay Heritage Foundation is recognized by various Donor Advised Funds, including Fidelity. The funds are typically transferred electronically within days for a swift and efficient donation process. Ensure that your Donor Advised Fund recognizes IIT Bombay Heritage Foundation for proper allocation.

  • How can I contribute via Benevity? Can I set up recurring donations, and is your Benevity Self-Certification assessment up to date?

Please contact HF office at hfoffice-group@iitbombay.org for setting up the company matching gifts or contributing via Benevity. Yes, you can set up recurring donations through Benevity for added convenience. Rest assured, our Benevity Self-Certification assessment is complete and current, ensuring the accuracy and transparency of our information.

  • How do I make a Qualified Charitable Distribution from my IRA to IIT?

IIT Alumni based in the US who are required to make a Required Minimum Distributions (RMDs) may make a Qualified Charitable Distribution (QCD) from their IRA to the IIT Bombay Heritage Foundation (IITBHF) which is a 501(c)(3) qualified to accept QCDs. Please consult the custodian of your IRA or your financial advisor regarding the tax advantages. They can help you initiate either an electronic transfer of funds or a check directly to IITBHF from your IRA. Please have them indicate in the memo section that the funds are to be used for “Class of 1974 Legacy Project.”

The following information will be of use while initiating the QCD donation:
IIT Bombay Heritage Foundation
Tax Id (EIN#): 77-0428724
Foundation Status Classification: 170 (b)(1)(A)(vi)

If the QCD will be processed as a check, please make the check out to “IIT Bombay Heritage Foundation” and have it mailed to the following address:
IIT Bombay Heritage Foundation
21710 Stevens Creek Boulevard, Suite 115
Cupertino, CA 95014

Please email hfoffice-group@iitbombay.org once the QCD transfer has been made. The IITBHF office will be able to track the transaction, confirm receipt and ensure it is credited to the class project.

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