Program areas at IIT Bombay Heritage Foundation
Programs Services Accomplishment include the following Grants to IIT Bombay from the IIT Bombay Heritage Foundation in 2022SCHOLARSHIPS, EXCELLENCE AWARDS & CHAIRSOver 651 continuing Endowed Scholarships as well as numerous Chair Professorships were awarded in 2022.70 new Scholarship awards were made to students in various departments.A grant was made to support the to Financial Aid Program (FAP) at IIT BombayA grant was made towards the creation of the Prof. Rinti Banerjee Chair Visiting Chair Professorship at IIT BombayA grant was made towards the creation of the Kelkar Family Chair in Quantitative FinanceA grant was made towards creation of the Samir & Vinaya Kapoor Chair in Climate StudiesA grant was made to support Prof. D.M. Dhamdhere Chair Professorship for Excellence in Teaching Methods at IIT BombayA grant was made to support Prof. S. C. Sahasrabudhe (SCS) Teaching Excellence Award at IIT BombayA grant was made to support the Prof. N.R.Kamath Chair for Institute and ExcellenceA grant was made to support the Pamela and Shiv Khosla Merit Award at IIT BombayFACULTY AND STUDENT DEVELOPMENT GRANTS A grant was made to support the project conducted by Prof. Srinivasan Ramakrishnan from the Chemistry department at IITB.A grant was made to support the Young Faculty Awards (YFA)A grant was made to support the Gen Zero Women Project at IITB.A grant was made to support the Megan Kacholia Fellowship being provided to two Doctoral (Ph.D.) women students at IIT Bombay within the Centre for Machine Intelligence and Data Science.A grant was made to support the Summer Internship Program in the Chemical Engineering Department and Energy Department at IIT BombayFACILITIES, EQUIPMENT AND INFRASTRUCTURE DEVELOPMENT GRANTA grant was made to the Wadhwani Research Center for Bioengineering (WRCB) Phase II at IITBA grant was made to the Wadhwani Electronics Lab (WEL) at IITBA grant was made to support the Center for Machine Intelligence and Data Science, at IIT Bombay (CMInDS)A grant was made to the High-Speed Flow Diagnostic Lab in the Aerospace Engineering Dept. at IITBA grant was made to the Brijraj Chandra Mansingh Chemical Instrumentation Laboratory in the Department of ChemistryA grant was made to support the Maker Space Facility at IIT BombayA grant was made from the Maker Bhavan Foundation funds to support the Invention Factory Project at IIT Bombay.A grant was made to support the Econometrics Laboratory in the Department of Humanities and Social Sciences at IIT BombayA grant was made to support the online M.Eng program in Innovation and Entrepreneurship at Desai Sethi School of Entrepreneurship (DSSE), IIT Bombay.A grant was made to support the COVID-19 Assistance Fund at IIT BombayA grant was made to support the establishment of a collaborative learning classroom (CC) and an experiential learning lab (EL) at the Department of Electrical Engineering at IIT Bombay A grant was made to support the Alumni-led Hostel Reconstruction Project Evergreen (Phase 1) at IIT BombayA grant was made to the Class of 1980 Ruby Reunion Legacy Project to support the creation of a Design and Making Lab at IIT Bombay.WEB BASED SERVICESIn addition to the above grants, IIT Bombay Heritage Foundation provides the following services:Alumni Chapter Activities which include Professional, Networking and Social Events. Alumni web portal www.iitbombay.org which is feature rich. It provides a platform for alumni to interact individually and as a group. The new alumni portal allows alumni to connect with IITB related social media platforms. Facebook, Twitter and LinkedIn newsfeeds and links are provided on the platform.Google administered @iitbombay.org mailboxes.Chat Rooms, Bulletin Boards, Jobs Board, and Alumni Needs section on Alumni Portal.
Grants made by IIT Bombay Heritage Foundation
Who funds IIT Bombay Heritage Foundation
Grants from foundations and other nonprofits
Personnel at IIT Bombay Heritage Foundation
Name | Title | Compensation | Date of data |
---|
Shamrao Kattimani | Treasurer | $0 | 2023-11-13 |
Raj Mashruwala | Chairman / Director | $0 | 2022-12-31 |
Sreedhar Kona | Vice President / Director | $0 | 2022-12-31 |
Ankur Manake | Vice - Treasurer | $0 | 2022-12-31 |
Suhasini Sabnis | Past Treasurer | $0 | 2022-11-15 |
Financials for IIT Bombay Heritage Foundation
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $3,623,241 | $5,065,484 | -28.5% |
Program services | $101,033 | $346 | 29100.3% |
Investment income and dividends | $171,450 | $14,495 | 1082.8% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $55,261 | $427,710 | -87.1% |
Net income from fundraising events | $0 | $0 | - |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $130 | $442 | -70.6% |
Total revenues | $3,951,115 | $5,508,477 | -28.3% |
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Madison Public Schools Foundation | 501(c)(3) | Madison, WI | $1,716,885 |
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Northwest Arkansas Community College Foundation | 501(c)(3) | Bentonville, AR | $2,758,871 |
El Camino Community College District Foundation | 501(c)(3) | Torrance, CA | $1,698,113 |
Virginia Western Community College Educational | 501(c)(3) | Roanoke, VA | $1,475,010 |
Emma Eccles Jones Endowment Fund | 501(c)(3) | Des Moines, IA | $1,011,173 |
Data update history
January 3, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 3, 2024
Updated personnel
Identified 8 new personnel
July 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationTax deductible donationsNo full-time employees
General information
- Address
- 21710 Stevens Creek Blvd 115
- Cupertino, CA 95014
- Metro area
- San Jose-Sunnyvale-Santa Clara, CA
- County
- Santa Clara County, CA
- Website URL
- iitbombay.org/Â
- Phone
- (408) 252-1664
IRS details
- EIN
- 77-0428724
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1996
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B11: Education Single Organization Support
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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