Donations to IIMA may be made under the special heads listed as under or may be use-as-you-will unrestricted donations that the institute is free to use where it deems fit.

All donations to IIMA by resident Indians / Organizations are 100% tax-exempt.

1. Unrestricted Giving
   Money received under this head will be used by the Institute according to its discretion and where it would be most effective.


2. Scholarships to Underprivileged Students
   The Institute has always attempted to ensure a need blind admissions process – implying that no one has to forego education at IIMA for want of financial resources. The Institute has been spending significant amount in the form of fee waivers for students who are unable to afford the fee charged for the PGP and PGP-ABM courses. The alumni may step in and fund this process so that it can be sustained in the future, through providing financial support to students who are unable to support their education at IIMA. The funds needed for this are estimated at Rs.15 Crores per year in real terms, for the current batch size.


3. Research Grants to Students
   Funds to promote and assist research projects initiated by students.


4. Research and Case Writing Grants to Faculty
   Funds to advance and support various research by faculty. Our preference is that such funds are not earmarked for very narrow areas of research so that faculty has the freedom to pursue new research agendas of their interest within a broadly defined topic area.
   
   The Institute has lagged behind in thought leadership through writing papers and cases. The funding for this can not be raised from sources that may compromise the independence of the ideas expressed and the inferences drawn. Hence, the funds needed for research and case writing have to be largely through contributions from alumni. The scale on which this is planned to be undertaken would need funding of around Rs.30-40 Crores per year in real terms.


5. Payments to Visiting Faculty
   A fund pool that finances and facilitates leading faculty from around the globe to lecture at the Institute for the benefit of the students.


6. Funding Seminars
   Funds that are used to organize, host International and National seminars.


7. Funding Publications
   Funding Publications of the Institute, both, in print and electronic media.


8. Funding or Endowing Chairs / Professorships/ Faculty Fellows
   

   An endowed chair or professorship is a faculty position supported by an endowment in perpetuity. The amount required to fund such a chair is Rs.5 Crores. The expectation is that out of the approximate 8% in annual income, 3% will go back into the corpus of the fund to increase the size of the endowment in nominal terms (so in real terms it the size does not change too much). The remaining 5% may be disbursed to the faculty under various heads such as money for data collection, hiring research assistance, buying relevant software and / or equipment, traveling to conferences or data collection, consumables, salary supplement, etc.

   Other forms of chairs are also required. These chairs should be for periods of 3-5 years or more with the funding committed and paid for the agreed time period upfront. The cost for such limited time period chairs would require around Rs.1.25-2 Crores.

9. Funding Physical Infrastructure
   Funds to be used to maintain the existing infrastructure of the Institute as well as create new Infrastructure. These may be of various kinds:
   • Renovation of classrooms and seminar rooms
   • Renovation of hostels, mess and other students related facilities
   • Building of sports facilities
   • Renovation of faculty and staff housing and support facilities
   • New buildings, classrooms, student facilities
   • Landscaping projects
   • IT Hardware and network hardware
   These have to be done without having to depend on funding that come with strings attached. The funds needed for infrastructure are estimated at Rs.15-25 Crores per year in real terms.


10. Naming Existing Infrastructure
    

    The existing physical infrastructure like classrooms, seminar rooms, IMDC / KLMDC auditoriums, dorms, hostels, CIIE, lawns and students mess etc. can be adopted for compensating its maintenance / upgradation expenses on regular basis. The name of the batch or corporate, as the case may be, which has donated the amount for the maintenance / upgradation of such infrastructure, would be perpetually attached to that particular infrastructure.

    Given below are naming options of existing infrastructure:

    Sr	Name of the Existing Facilities	Capacity / Area	Nos.	Value, Rs.Lakhs
    				Per Unit	Total
    1	Old Classrooms	75	5	200	1000
    2	New Classrooms	90	10	300	3000
    3	All Seminar rooms	60	18	100	1800
    4	All Syndicate Rooms	12	38	20	760
    5	KLMDC Auditoriums	200	2	400	800
    6	IMDC Auditorium	120	1	300	300
    7	Old Dormitories	28	18	300	5400
    8	New Dormitories	38	9	400	3600
    9	MSH blocks	6 units each	20	50	1000
    10	Students' Mess	800	1	2000	2000
    11	Fitness Centre (CR-324)	3,000 ft²	1	200	200
    12	Faculty Club	1,800 ft²	1	50	50
    13	IMDC with 160 single rooms	58,000 ft²	1	7500	7500
    14	Cricket Playground	45,000 ft²	1	200	200
    15	Tower Lawn	15,000 ft²	1	100	100
    16	New Campus (IMDC) Lawn	45,000 ft²	1	200	200
    17	Faculty Block Wings	10 cabins	16	50	800
    18	CIIE Building	20,000 ft²	1	5000	5000



11. Funding Soft Infrastructure
    Funds employed to create and upgrade the software and services available within the institutes in order to remain state-of-the–art.


12. Funding Medical infrastructure / Services
    Funds used to create medical facilities, enhance existing services and add new medical services.


13. Funding Staff Welfare
    Funds used to create better learning and recreational facilities and services for staff across the Institute.


14. By Alumni Batch for a Specific Purpose
    Graduating students and Alumni of the Institute may wish to contribute to the continued development of their Alma Mater or create a dedicated fund for a particular purpose, like create a memorial fund in honour of a colleague or teacher, a fund for supporting specific student activity, fund a joining bonus for faculty, fund a best professor award and fund a best research award etc.


15. Funding activities of Alumni Relations Centre
    Alumni may wish to remit towards the activities of the Alumni Relations Centre that may be used to fund special activities of the centre in promoting Alumni Relations across the globe, like
    • Funding of personnel in the office
    • Funding of travel and alumni events
    • Funding of alumni centre infrastructure
    Donations can also be made to IIMA for any other specific cause that anyone might wish to address. Such options can be discussed.