I filled the pledge form but how do I donate?
You can make direct contributions using the following links.
For USA, alumni can donate at: https://www.iitbombay.org/g/legacy-projects (Please mention C1998 legacy project while donating )
For India, alumni can donate at: https://alumni.acr.iitb.ac.in/donation/?cause=batch-legacy&sub_cause=class-of-98-Gift
For UK, alumni can donate at : https://www.nowdonate.com/checkout/o86a8nfta2u2n9398w7l (Please mention C1998 legacy project while donating)
For Non US, UK, and also in India, the best way is to donate via Bank Transfer to IIT Bombay account: While doing NEFT/RTGS/IMPS, please mention in the comment C1998 legacy project. Additionally, also notify purva.jain@iitbacr.com with the details like Name, Address, Contact Number, Pan no. and GST no. (if donating through company). This will assist in creating donation receipt for the donor.
State Bank of India, Powai, Mumbai
Account Name: IIT Bombay Donation Account
Account No: 10725730111
Swift Code: SBININBB519
IFSC Code: SBIN0001109
ICICI Bank, Powai, Mumbai
Account Name: IIT Bombay Donation Account
Account No: 002001027634
IFSC Code: ICIC0000020
Whom should I send the cash donation to, if I live in US, India, UK or elsewhere?
In India, contributions are accepted through methods such as cheques, bank transfers, credit cards, real estate, and bequests. In the USA, donations are accepted via cheque, bank transfer, PayPal/Credit card, bequests, securities, wire transfer, and cryptocurrency. In the UK, contributions are accepted through credit card. Please contact Subha/Sudha at subha@iitbombay.org/ sudha.iitbhf@iitbombay.org for any query related to donations in the USA and purva.jain@iitbacr.com for any donation related query in India or any other country.
How do I donate shares/stocks, for different geographical locations (US, India, rest of the world)?
At present, we offer donation choices involving shares/stocks in both the United States and India.
Donation through shares/stocks in USA:
The easiest way of donating securities is DTC transfer. In order to do a DTC transfer of securities to IITBHF, please instruct your broker to DTC transfer "NUMBER" shares of "XYZ" company (Stock Symbol) from your account ("YOUR ACCOUNT NUMBER") to the following account:
Fidelity Investments
A/C Name: IIT Bombay Heritage Foundation, Inc.
Account Number: Z73086240
DTC Number 0226
Donors should send an email to subha@iitbombay.org / sudha.iitbhf@iitbombay.org and/or call +1-408-252-1664 with donation details including the specific Giving Opportunity, name, address, date of transaction, number of shares transferred, name of company etc.
Those who want to donate through shares/stocks in India can write to Purva Jain at purva.jain@iitbacr.com
Should I include company matching amount in the total value of the pledge?
Yes, you can pledge the total amount that includes your company's matching amount. Please contact your company HR to start the company matching process.
If I pay in installments over 3 or 4 years, should I include the full total in the pledge amount?
Certainly, you have the option to include the entire total in your pledge amount. Nonetheless, you retain the flexibility to adjust the installment amounts as required. Several of our alumni have pledged and contributed more than the initially committed amount.