IIT FoundationEnabling World Class Excellence at IIT Kharagpur
One Initiative, One Action, One Day at a Time

Fund Categories

If you need more information on any one of the following categories, or would like to start a new intiative, please contact The IIT Foundation (Email Address: info@iitfoundation.org).

The IIT Foundation Board of Directors has approved the following programs for funding:

1. Unrestricted Fund

These funds would be used for any or all of the approved IIT Foundation programs at the discretion of IIT Foundation Board of Directors.

2. IIT Kharagpur -- UC Berkeley Collaboration

Donations to this fund will be applied towards IIT Kharagpur -- UC Berkeley Collaboration.

3. Professor Chair Endowment Fund

Funds shall be held in an Endowment account that shall earn interest. When an endowment reaches Rs 4,000,000/- ("40 Lakh"), the interest income shall then be adequate to pay for a Chair Professor Position. as the endowment grows we hope to have at least one Chair per department .

4. Visiting Faculty Program

Funds allocated to this program go to attract top-tier faculty from all over the world to visit, teach and conduct research at IIT Kharagpur.

Visiting Faculty Program

We believe that visiting faculty deliver a fresh perspective, and expose students and faculty to new course materials and way of thinking. The visits could be for 3-5 days, one month or even a semester. The IIT Foundation Alumni Advisory Council that is overseeing the Visiting Faculty program is led by Dr. Anjan Bose, Chairman (Dean, Washington State University) and Dr. Sunil Gaitonde, Program Executive (Chairman, Sarvega).

Faculty for The Future

The Faculty for the Future Initiative is aimed at attracting IIT KGP students to Academia and Research and is led by Dr. Farrokh Mistree, Professor, Mechanical Engineering Associate Chair, Woodruff School of Mechanical Engineering, Associate Chair for the Georgia Tech Savannah Campus, Georgia Institute of Technology.

Alumni in Academia & Research Forum

This is a group of Alums who meet to address issues faced b y academicians and researchers and share best practices.

5. Student Programs

Funds allocated to this program are used to attract the best students to IIT Kharagpur and motivate them to attain global recognition for thier academic work . Examples of the use of these funds can be Scholarships ( example funding of graduate research assistant scholarships to attract the best B.Tech. students in India to join its Advanced VLSI Lab ("AVLSI") program. and pursue a 3-year research program), Travel grants to needy students, etc.

6. Diamond Jubilee Fund

This fund is used to support initiatives that are being undertaken to make the Diamond Jubilee an event to remember . They include, Two Diamond Jubilee Publications; Memorabilia, Lecture Series, Professional Audio Video expenses, and upgrade/renovation of the IIT Kharagpur Old Building Complex.

7. MB Scholarship Fund

This fund is used to support a merit-based under-graduate 3rd-year scholarship. This scholarship has the same criteria as the Dr Bidhan Chandra Roy Memorial Gold Medal ("BC Roy Gold Medal") that the institute currently awards every year. This scholarship is setup in memory of Malayesh Banerjee, an undergraduate student at IIT Kharagpur whose life was cut tragically short in 2008. For more details on this scholarship, please visit: http://www.alumnet.iitkgp.ernet.in/mbscholarship.