Donate and give back to IIT Madras
Gift from IRA
If you are 70½ or older, you can transfer any amount up to $100,000 annually directly from your IRA. The transfer doesn’t generate taxable income or a tax deduction, so you benefit even if you do not itemize your tax deductions.
Please fill in the information below and Alison Ferrell will contact you.
IITM_foundation_fee_disclosures
IITM Foundation Board has approved the establishment of a Fee on all Project and Endowment receipts for IITM Foundation’s operating expenses.
The Fee is a flat 5% on a donated amount.