Your donation will have a lasting impact on the lives of thousands of students and future tech leaders. No matter where your IIT Madras journey has taken you, we have a variety of options for you to give back to your alma mater.
Thank you for considering a donation to the IIT Madras Foundation. If you are a U.S. resident, your donation may be tax deductible, according to applicable law.
Our tax identification number (EIN) is 47-1990700.
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 the donated amount.
Donate conveniently via credit card in two easy steps:
Send a donation by check in four easy steps:
Our team will be in touch with you when we receive your donation.
Donate via wire transfer or ACH in two easy steps:
Setup and make a tax-deductible contribution to a Donor Advise Fund (DAF). Once setup or if you already have a DAF, you can recommend single or recurring donations to the IIT Madras Foundation.
To make a donation using one of these methods, submit the form below. Our team will be in touch with further details.
Thank you for your generosity and contribution to the IIT Madras Foundation. We greatly appreciate your pledge for a brighter future.
When you give appreciated stock, we’ll sell it and you’ll eliminate all the capital gains tax you would have paid had you sold the stock yourself. Your gift will be deductible at the day of delivery’s full fair market value (assuming you have held it for more than one year).
A gift of a life insurance policy you no longer need makes a perfect year-end gift. To qualify as a deductible gift, the IIT Madras Foundation must become the policy owner. For most types of insurance policies, your tax deduction is usually the lesser of the cost basis or the fair market value of the policy.
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.
Make a bequest that includes specific language in your will or living trust to name the IIT Madras Foundation as the recipient. The gift can be cash, stock or property and can be specified as a percentage of the estate, a specific dollar amount or the residual of your estate. This contribution is tax-free for the entire donation and there will not be an estate tax on these assets for your heirs.