I am writing to follow up on a request made by Roy daSilva, President of IIT Foundation, to give back generously to IIT Kharagpur during December 2006.
The Vision 2020 initiative expects to raise $200 million by the year 2020 to fund "steeples of excellance" that would ensure IIT Kharagpur’s leadership for generations to come. When the fund raising target was first proposed, the nay-sayers said it could never be achieved. However, when we did the math we realized, that by 2010 IIT KGP would have graduated over 20,000 students, and if every alum contributed a minimum of $1000/year for 10 years we could easily raise $200,000,000.
However, the reality is, as of today, we have less than 150 Alums who give back regularly. Hence , if we are to succeed it is imperative that every KGPite gives back immediately.
I urge you to :
- Spend a few moments to reflect on the monetary benefits that have accrued to you from the world class education you received while at IIT Kharagpur and the brand equity of IIT in the market.
- Make a 10-year committment to give back a small percentage of your annual income …. May I suggest 2% or more.
- Visit http://www.iitfoundation.org today and every year hereafter and make your donation.
- Encourage your IIT friends to do the same, and get your company to match your contribution.
Let’s all give back to an institution that has molded our sucess, contribute to creating steeples of excellence and a leave behind a legacy for generations to come.
I am counting on your generosity and support for this great cause.
Happy New Year to you and yours.
Arjun Malhotra, (1970 ECE RP)
Chairman, Vision 2020, IIT Foundation
Donations to IIT Foundation are tax-deductible for US Federal Tax-payers.