The Giving Week

This year the Institute's "Giving Week" will be observed during March 16-23, 2020. It is a time when we can all come together to support the Institution, to which we owe a lot for what we are today, and make a huge and significant impact leaving a legacy to be cherished forever. You might have already contributed during recent events and reunions etc. but your contribution, even if nominal, during the forthcoming 'Giving Week' will count considerably towards the show of strength in numbers for an Institute cause.

Giving week coincides with almost the end of the financial year for India, so that you can avail of the 100% tax break on your donation to IIT Delhi. The 100% tax break is also available for US donors through IITD excellence foundation (which is also benevity compliant to get 100% contribution from your company if it is enrolled).

We will add the money generated from this campaign to the IIT Delhi Endowment Fund. As you must have heard, we launched an ambitious Endowment fund with a target of 1 billion US dollars by 2025. While we understand that the achievement of this target will be possible if some large donors come forward, but we want the whole of the IITD alumni community to play a role towards this cause. Thus, no amount of contribution by you will be small and each "giving", when combined with thousands of others will go a long way in helping the Institute move towards its envisioned financial self-sustainability. This year we plan to have donations from at least 1000 alumni.

How to make a giving?

Option 1:

For contributions less than Rs.10,000 you can pay directly by going to our campaign portal at The Giving Week.
This will incur a small fee (approximately 2%) charged by the service provider. In case you want to avoid these charges you can do a direct transfer as mentioned in Option 2.

Option 2:

You may make donations in either Indian Currency, US Dollars or any other currency as mentioned below:

Donations in Indian Currency

Through cheque/draft payable to
"Development Office IIT Delhi Account"

Postal Address:
Dean AAIP, Room No AD-212, Administrative Block, IIT Delhi, Hauz Khas, New Delhi-110016, India
Phone: +91- 011-26591713
Email: deanaaip@admin.iitd.ac.in

Through Wire Transfer
Account Name: “Development Office IIT Delhi Account”
Account number: 34105945646,
Bank: State Bank of India, IIT Delhi Branch, New Delhi
IFS Code: SBIN0001077
Swift Code SBININBB547

All contributions are tax deductible under 80G of Income Tax Act, 1961

Donations in US Dollar

Through IIT Delhi Excellence Foundation
Through cheque payable to:
"IIT Delhi Excellence Foundation"

Postal Address:
IIT Delhi Excellence Foundation,
c/o Amit Kumar
1070 Coleman Avenue, Menlo Park, CA, 94025, USA
E-mail: iitdef@amitk.me

Through Wire transfer
Account Name: "IIT Delhi Excellence Foundation Inc"
Account Number: 000000758529510
Bank Name: JPMorgan Chase Bank, N.A.
Branch Address: 383 Madison Avenue, New York, NY 10017
ABA # 021000021

All contributions are entitled for tax benefits as IITDEF is a 501 chapter 3 Organization.

Donations in other Foreign Currencies

Through IIT Delhi Charitable Gift Fund
Through Cheque/Draft payable to:
"IITD Charitable Gift Fund"

Postal Address:
Dean AAIP, Room No AD-212, Administrative Block, IIT Delhi, Hauz Khas, New Delhi-110016
Phone: +91- 011-26591713
Email: deanaaip@admin.iitd.ac.in

Through Wire transfer
Account Name: “IIT Delhi Charitable Gift Fund”
Account number - 10773569063,
Bank: State Bank of India, IIT Delhi Branch, New Delhi
IFS Code: SBIN0001077
Swift Code SBININBB547
MICR code 110002156

No tax benefit available

"Important: Please ensure to indicate "Giving Week" as the purpose if you use the Wire Transfer option. Your contributions will attract the tax benefits under various categories as mentioned above. Please provide the PAN details for donations of or above Rs. 50,000/-.

As you contribute, please intimate us on deanaaip@admin.iitd.ac.in with CC to ayesha3@admin.iitd.ac.in and meenuj124@admin.iitd.ac.in. Also, add a CC to iitdef@amitk.me whenever you are routing your contribution through IITDEF. This will help us track your contribution"

Tax Benefits

Contributors Allowed Deductions Sections/Classification of IRS
Individual (Indian Residents) / Body Corporate 100% 80G of Income Tax Act, 1961.
Notification
Body Corporate (Corporate Donations for stated objective/ Scientific research) 150% 35(1) (ii) of Income Tax Act, 1961.
Notification
US Residents & Corporates EIN/Tax ID: 30-0015317 501 chapter 3 classification of IRS.
(IIT Delhi Excellence Foundation)
Notification