Time may have passed, but we can clearly recall when we were IIT Madras students ourselves. Our time within those hallowed halls shaped us into the professionals we are today. From walking through Gajendra Circle to becoming executives in our field, we take the lessons from Chennai to the United States.
The IIT Madras Foundation is our way of helping grow the next generation of business leaders and entrepreneurs. While donating directly to the university isn't possible today, the Foundation allows American alumni like you to support homegrown talent at IITM. With your gift, you unite past, present and future IITM graduates under the vision of driving innovation and change.
Our mission is to raise a $100 million in endowment to continue propelling IIT Madras as a world-class research institution and Global Top 50 Institute.
For over 60 years, IIT Madras has transformed the lives of thousands of students like yours. With your help, we can give back to our roots and support those who now walk in our footsteps.
What if IIT Madras could make an even bigger impact in the world?
The 2021-2027 Strategic Plan is IITM's response to that very question. The heart of this initiative is to inspire national and global excellence through programs that uplift our whole community. In true IITM spirit, students, staff and faculty came together to choose these goals. With your help, we can position IITM as one of the most innovative institutions in the world.
Though our years at IIT Madras may be behind us, we can make a difference for those that follow. Our team is passionate about involving alumni and corporate partners to make this vision a reality. We are confident that when we share the fruits of our success, we can build on IITM's legacy of excellence.
The foundation's leaders are alumni volunteers dedicated to serving our alma mater. They believe in the power of education to transform lives, as IIT Madras has done for them.
CEO
Chairman
Chief Financial Officer
Board Member
President Emeritus
Board Member Emeritus
Chairman Emeritus
Board Member Emeritus
Board Member Emeritus
Board Member
VP of Marketing
Corporate Secretary
CEO
Director of Operations
Volunteer
In 2016, we established this endowment to support the future generations of IIT Madras. Our experienced volunteer team ensures that every penny of your gift is devoted to the causes you care about most.
The Foundation's Board of Directors have the ultimate fiduciary responsibility for managing the Endowment funds. The Board makes investment decisions on the recommendation of their Investment Committee (IC), a group consisting of volunteers with deep experience in asset management and financial markets. All investments are managed by third-party managers and are custodied in the name of IITMF at reputable financial institutions. These investments are subject to an annual audit by a professional accounting firm.
The Board of Directors have approved the Investment Policy which can be found here. It follows applicable laws of California, IRS rules and the best practices as per UPMIFA guidelines. Currently, most of the funds are invested in passive mutual funds or ETFs.
To sustain lasting generosity, the Foundation has a conservative investment philosophy. We apply a disciplined investment process with deep research, thoughtful asset allocations and cost-effective execution of investments. The management of the Endowment is expected to be more strategic than tactical, while striking a balance between the return objectives and liquidity needs of the Foundation and IIT Madras. Risk management is an essential component of the investing program, and the IC strives to manage various types of market, credit, and operational risks that affect the portfolio.
Meet our partner organizations who work closely with us.
From Srinath Chigullapalli, new President
IIT Madras alumni association of North America (IITMAANA) is the umbrella organization of all IITM alumni in USA, Canada and Mexico. We focus on connecting alumni, helping them collaborate to provide benefits rewarding to all, which contributes to the growth of IITMAANA and to IIT Madras as a beacon of excellence in education and research around the world.
To know more about IITMAANA, please visit: https://iitmaana.nationbuilder.com
From Nishani Manohar, Executive Director
IIT Madras Alumni Association was founded in December 1964, after the graduation of its very first batch in July’64. The primary mission of IITMAA is to connect and engage the alumni with their fellow alumni, institute, and students on the campus through various activities among all the stakeholders- to generate impact through several social and academic projects for collective growth. We represent about 53,000 plus IITM alumni in various chapters spread across the globe, joining hands to make IIT Madras a world-class institution. It is a one stop link to all alumni needs of IIT Madras.
The three pillars of focus for the IIT Madras Alumni Association are: Kindle Community Spirit, Provide Thought Leadership and Deliver Societal Impact.
To know more about IITMAA, please visit www.iitmaa.org.
From Swarnali Choudhury, Director
The Canadian Friends of IITM (CF IITM) was officially launched in September 2018 with key objectives of delivering financial assistance to students in need, providing scholarships and bursaries, bolstering educational projects and extending health care support to students afflicted with life-threatening diseases. It is incorporated in Canada and has been granted Charitable Status by Canada Revenue Agency regarding contributions from Canadian donors.
In just four years, CF IITM has grown from strength to strength and established itself as a profound charitable organization interlinking IIT Madras with Canadian Alumni.
At CF IITM, we see our role as twofold:
Leave a legacy that elevates the future generations of IIT Madras.
