General:
Please indicate your name, year of graduation, degree,
department, e-mail and phone contacts, and purpose of
your donation to IIT Kanpur. You will also receive
a receipt from the Foundation for US tax filing purposes.
The Dean of Resource Planning and Generation, IIT Kanpur,
will also send an acknowledgement to you.
Donations by Check
Make check out to IIT Kanpur Foundation
and mail it to:
Abhay K. Bhushan
CFO IIT Kanpur Foundation
3838 Mumford Place
Palo Alto, CA 94306
Stock Donation:
Donating appreciated stocks directly to IIT Kanpur
Foundation has a dual tax advantage, as you do not pay
any capital gains tax (which is paid if you sell stock)
and the full value of your contribution at time of transfer
is 100% tax deductible to you. Give the following instruction
to your broker and inform either Deepak Bhagat or Abhay
Bhushan (akbhushan@aol.com)
by e-mail of the transfer:
Broker: Smith Barney
DTC Number: 0418
Account Number: 565-2YG10-16 699
You may also take or send the stock
certificates to the Solomon Smith Barney branch closest
to you. Our account is with Smith Barney, 1001 Page Mill
Road, Building 4, Suite 101, Palo Alto, CA 94306. If necessary,
call Gregory Gaon (VP) or Laurelle Daniels toll-free at
800-388-4930. It has been the Foundation's practice to
sell the stock upon receipt. Please inform Bhushan by
e-mail if there is a restriction placed on the sale of
the stock until a future date.
Company Match:
If your company has a matching gifts program,
we urge you to make use of that program. Include the address
and other pertinent details for foundation in your company's
form, and send the form to Abhay Bhushan at the above
address, The Foundation will fill out its portion of the
form and follow-up. Let Bhushan (akbhushan@aol.com)
know by e-mail if the company wants a copy of the IRS
exemption letter or additional information.
Batch Donations and Specific
Programs:
It is advisable for a Batch to nominate a Batch
Evangelist if group donation is contemplated. The Evangelist
nominated by the batch will be a central contact point
with the IITK Foundation and IIT Kanpur. Donors are advised
to contact the Dean of Resource Planning and Generation,
Professor Sanjeev K Aggarwal, at drpg@iitk.ac.in
for further information on Batch projects and other
programs. The Foundation accepts targeted donations for
specific programs such as Scholarships, Batch projects,
Endowed Chairs, Lecture Series, Building projects, etc.
Download the donation form (DOC)(PDF)
and fill it out.
www.iitk.ac.in