Gift from IRA

Donate and give back to IIT Madras

One Time Donation

Recurring Donation

Note: Input amount in US Dollars (USD)

Name

Graduation Year (YYYY)

Purpose of Donation

Email Address

Donation Amount

Street Address 1

Street Address 2

City

State

Zip

Card Holder's Name

Card Number

Card Expiry Month / Year

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Card CVV

Recurring Donation

Card Holder's Name

Email Address

Name

Graduation Year (YYYY)

Purpose of Donation

Subscription Plan

Billing Address Street

Billing Address Line 2

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Zip

Card Number

Card Expiry Date

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You will receive an email with your receipt for this support.

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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.

Donor Information

First Name*
Last Name*
Email*
Phone #
Type of Payment*
Apply Donation To*
Reunion Class Gift - Batch
Gift Amount*
Degree & Year of Graduation*
Address
Address Line 1 Address Line 2 City State/Country Zip Code
Comments
This field is for validation purposes and should be left unchanged.

IITM foundation fee disclosures

IITM Foundation Board has approved the establishment of a Fee for all Project Funding Remittances to IITM effective February 2017.

This Fee is on a sliding scale starting at 5% and stepped down by 1% steps as shown in the table below, with a cap for funds above $2Million.

IIT Madras has committed to make up this fee, when the Funds are received and prior to deployment.

Fee Structure:

$0 to $250K — 5% fee (range $0 to $12.5K)
$250K to $500K — 4% fee (range $12.5K to $20K)
$500K to $1M — 3% fee (range $20K to $30K)
$1M to $2M — 2% fee (range $30K to $40K)
More than $2M — 2% (capped at $40K)