Giving to
IIIT Hyderabad
For it is in giving that we receice
IIITH and its Banyan Tree ‘Jagruthi’ both stand proud and tall today. They continue to reach the sky, with the support of its students and alumni, the roots and branches, it has helped grow. We are on our path to be amongst the best institutes in the world. However, the recent pandemic has impacted us. With campus closure and delayed admissions, we re-strategized our operations and financial strategy.
Now is the time when we can all come together to support the Institution, which has given us wings and taught us to fly. You might have already contributed during recent events and reunions, but your contribution now, even if nominal, will have a greater impact. Many of your employers will match your donations. IIIT Hyderabad is registered with Benevity to be eligible for matching donations in India and abroad. Please avail this opportunity to amplify your contributions.
You can avail a tax break on your donation to IIIT Hyderabad. Donations in INR are eligible for a 50% tax deduction. Donations through IIIT Hyderabad Alumni Foundation (USA) can avail 100% tax deduction. IIIT Hyderabad Alumni Foundation(USA) is also registered with Benevity to be eligible to receive matching donations from companies.
You must have heard of our plans for a new academic block and student activity center and endowment funds for scholarships, research conferences, student stipends and other activities.We have an ambitious target of ₹50 crores by our 25th anniversary in 2023. We are confident that with your support we will reach our goal. No amount of contribution by you will be small and each “giving”, when combined with those of others, will go a long way in helping the Institute move towards its envisioned financial self-sustainability.
The Institute has grown a lot in 17 years and has earned recognition and respect in the industry, academic and other public arenas. A key contributor to this recognition is each and every one of you who are our key ambassadors to the rest of the world. Our goal is to scale up from a 1,500 student university today to a 4,000 student university in ten years. This means not just more students, but also research across more domains and hence more impact. This requires a delicate balance between quality and affordability of education which can be achieved largely through philanthropic gestures from multiple sources, of which alumni can play a key role.
The alumni fund was set up in 2006 as a modality for alumni to have a direct hand in helping the Institute grow. The fund has been used to provide tutition support for meritorious students in financial need.
How to make a giving?
As an alumni, you can choose to contribute in the following categories:
Infrastructure
Strong infrastructure (classrooms, labs, hostels, sports facilities, etc) is the hallmark of any good institution which is why it forms an important parameter used in all popular rankings of educational institutions.
Tuition support
This is intended to provide access to meritorious students to an education in IIIT-H despite having inadequate financial resources. Donors will be able to name a scholarship if the donation is sufficient to support the complete studies of a student.
Institute corpus
This is a perpetual endowment to the institute. The donation to this category will be used to invest and only the interest earned will be used for top priorities of the institute. This ensures that the institute benefits from the donation on a recurring basis, rather than a one-time benefit. Endowments are an effective way to invest in better research, better education and better people without cascading the costs to students.
Through cheque/
draft payable to
INTERNATIONAL INSTITUTE OF INFORMATION TECHNOLOGY A/C ALUMNI FUND
Through Wire
Transfer
Account Name:
Bank: HDFC BANK LTD
Bank Address: Plot No.79, Ground & 1st Floor, Diamond Park, Vinayaka Nagar, Gachibowli, Hyderabad- 500032
Swift Code: HDFCINBB
Phone
+91-40-6653 1000
Alumni Affairs
+91-040-6653-1777
+91-98667 77958
All contributions are tax deductible under 80G of Income Tax Act, 196
Through cheque/ draft payable to
INTERNATIONAL INSTITUTE OF INFORMATION TECHNOLOGY
Alumni Affairs, Admin Block – 3rd Floor, International Institute of Information Technology Hyderabad, Prof. C R Rao Road, Gachibowli, Hyderabad 500 032, Telangana, INDIA
Through Wire Transfer
Account Name: INTERNATIONAL INSTITUTE OF INFORMATION TECHNOLOGY
Account number: 40108515397
Bank: STATE BANK OF INDIA
Bank Address: FCRA Cell, 4th Floor, State Bank of India, New Delhi Main Branch, 11 Sansad Marg, New Delhi- 110001
Bank Email : fcra.00691@sbi.co.in
Branch Code: 00691
IFS Code: SBIN0000691
Swift Code: SBININBB104
IIITH FCRA Registration Number: 010230920
Phone
+91-40-6653 1000
Alumni Affairs
+91-040-6653-1777
+91-98667 77958
Please ensure you choose the option for the amount to be transferred in the foreign currency so that our FCRA account receives it as foreign currency and not converted into INR. This will minimize the intermediary handling fees deducted.
Through cheque/
draft payable to
13222 136TH PL NE,
Kirkland ,WA 98034,
United States of America
Through Wire
Transfer
Account Name:
IIIT HYDERABAD ALUMNI FOUNDATION
Account number: 837031595
Bank: CHASE Business Checking Accoun
Bank Address: 215 Kirkland Ave, Kirkland, WA 98033
Routing Number: 325070760
Through
Online Transfer
Chase QuickPay, Zelle:
donate2iiith@gmail.com
donate2iiith@gmail.com
donate2iiith@gmail.com
Phone 1
+91-40-6653 1000
Alumni Affairs
+91-040-6653-1777
+91-98667 77958
IIIT Hyderabad Alumni Foundation IIITHAF(USA) has 501(3)(c) status that makes it tax exempt and allows tax deductions for the donors on their donations. It also makes the donations eligible for matching gifts from corporates. It partners with Benevity for implementing the deductions and matching. IIITHAF(USA) partners in the fundraising drives of IIIT Hyderabad to raise funds for the institute.
All contributions are tax deductible
Tax Benefits
| Contributors | Allowed Deductions | Sections/Classification of IRS |
|---|---|---|
|
Individual (Indian Residents) / Body Corporate |
50% |
80G of Income Tax Act, 1961. |
|
US Residents & Corporates |
EIN/Tax ID: 81-2066314 |
501 chapter 3 classification of IRS. (IIITHAF) |