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The Golden 74 Batch Scholarship Endowment Fund

The Golden 74 Batch Scholarship Endowment Fund

 

Giving Back to Our Alma Mater

Dear Fellow Batchmates,

2024-25 marks a momentous milestone in our lives. As we celebrate 50 years since we entered BITS and carved our life’s paths, let us come together to give back to our beloved institution. Our proposal is to sponsor a scholarship on behalf of our batch. This scholarship will support a deserving student from an underprivileged background, selected by the BITS Admissions Committee.

The Scholarship Model

We are proposing a Traditional Endowment, where only the interest generated from the fund will be used to sponsor scholarships. The total endowment required to support one student’s undergraduate education at BITS, covering fees and living expenses, is $125,000.

With a one-time contribution of INR 1,06,250 or $1,250 from 100 of our batchmates, we can make this vision a reality.

Contribution Details

Your donation will go directly to BITS/BITSAA towards The Golden 74 Scholarship Endowment.

To pledge your commitment, please provide the following details:

  • Your Name:

  • Your Contact Email:

  • Funding Amount: INR 1,00,000 (1 Lakh) or USD $1,250 / Or any other amount (please specify)

Even small contributions are most welcome, as participation from the maximum number of batchmates is our priority. Rest assured, your donation amount will remain confidential. High-net-worth individuals (HNI) from our batch can contribute more, ensuring a greater impact.

Key Information:

  • This is a perpetual fund, where interest generated will cover tuition fees and living expenses.

  • If the interest earned is insufficient to match the fee, a top-up will be arranged to ensure sustainability.

  • Donations can be made from anywhere in the world and will be consolidated in India.

  • Tax benefits are available in India, the US, and Canada.

    • BITSAA will provide tax statements for US donors.

    • BITS will provide tax statements for donors in India and Canada.

  • Company Matches are encouraged – if your company offers matching donations, please inform us to help track contributions.

Get Involved

We aim to make a difference for at least one student (or more, based on generosity!) with your active participation.

To pledge your support, please contact:
📞 Nattu (Dr. B R Natarajan) at +91 9799476406
✉️ Email: brnatarajanbits@gmail.com

  1. Donations should be made to the appropriate account based on the donor’s passport nationality.

  2. International passport holders must transfer funds to the FCRA account and provide:

    1. Full international address

    2. Copy of passport

    3. Signed declaration (regardless of whether the transfer is from an Indian or foreign bank account).

  1. Indian passport holders must transfer funds to an Indian bank account, even if the transfer originates from abroad.

 

  1. The passport, not the bank location, determines which account should be used

Donation methods

  • Depending on the Payments origination country, please follow the respective instructions below.
  • Kindly mention " Golden 74 Batch Scholarship Endowment Fund  ", Your Name and BITS ID in the Description field of the payments pages.
  • Please send an email to donations@bitsaa.orgfundraising-team@bitsaa.orgpriyanka.goyal@pilani.bits-pilani.ac.in and rajeev.sakhuja@pilani.bits-pilani.ac.in with the subject line “ Golden 74 Batch Scholarship Endowment Fund ” and the date and amount of your contribution, to help us track the donations.
  • You will receive an acknowledgment of the transfer within a week of sending the transaction details.
  • The donations are non-refundable.
  • There is a 5% fee on all donations for this campaign through BITSAA to cover the administration expenses per BITSAA MOU.

USD Donations

  • All donations are 100% tax-deductible
  • 3 Ways to contribute (all via BITSAA):
  1. Use the make-a-gift link at BITSAA page, if paying by a CardApple or Google Pay.
  2. If paying by Zelle, please use the email id finance-team@bitsaa.org
  3. For TransfersACH and Wires (domestic and International), please click USD Payments

INR Donations

  • For Donations from Indian Bank Accounts and Cards only.
  • All donations are 100% tax-deductible. Please send your PAN number to the emails above in order to get a tax receipt.
  • 2 Ways to contribute:
  1. Donate using a Card or Online Banking by clicking Indian Cards and Banking
  2. If paying through NEFT/RTGS/IMPS, please click INR Payments

CAD Donations:

  • All donations are tax-deductible under Canadian Revenue Authority (CRA).
  • 2 Ways to contribute:
  1. Use the make-a-gift link at BITSAA page, if paying by a CardApple or Google Pay.
  2. Donate using Global Remittances and International Wires, please click CAD Payments

Other Currency Donations:

  • Kindly note that donations from other countries would not be eligible for tax exemptions.
  • 2 Ways to contribute:
  1. Use the make-a-gift link at BITSAA page, if paying by a CardApple or Google Pay.
  2. Donate using Global Remittances and International Wires, please click World Payments

 

For any questions, please send an email to rajeev.sakhuja@pilani.bits-pilani.ac.in and alolika.mukherjee@pilani.bits-pilani.ac.in

OTHER CONTRIBUTION OPPORTUNITIES

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