Welcome to IIMA Endowment Fund
About IIMAEF
Endowments are the foundation of the world’s leading academic institutions, creating a permanent source of strength and resilience. Powered by alumni and corporate generosity, Endowments, as a reliable source of funds, protect institutions against both internal and external shocks and keep them on track for continued excellence
IIMAEF is the Unified Fundraising and Philanthropic Arm of the Indian Institute of Management Ahmedabad (IIMA), channelling alumni, corporate, and CSR contributions towards the Institute’s growth. As India’s First Management School to establish an Endowment Fund, IIMA leads the way in building a flexible, enduring source of support for its academic mission.
Excellence
The fund operates with a commitment to excellence in all its activities, from managing donor relations to deploying contributions.
Transparency
A clear and open governance model ensures all financial dealings and decisions are accountable and easily understood.
Legal Compliance
The Fund strictly adheres to all legal standards and regulations, ensuring it operates with integrity.
Strategic Alignment
The fund’s actions are always aligned with the overarching vision and strategic objectives of IIM Ahmedabad, ensuring its contributions have a lasting impact.
Impact
Total commitments secured for IIMA’s long-term vision
Total commitments raised through the IIMA Endowment Fund
Research projects
Students supported through scholarships and awards
Awards given to Faculty Members for the Research
Pillars of Support
Leaders
Mr. Pankaj R Patel
Chairperson – Zydus Lifescience Ltd,
Chairman – Board of Governors – IIMA
Professor Bharat Bhasker
Director – IIMA,
Board Member – IIMA Endowment Fund
Mr. Deep Kalra,
PGP 1992
Founder and Chairman – MakeMyTrip, Chairman and Board of Directors – IIMA Endowment Fund
Professor Sunil Maheshwari
Dean, Alumni & External Relations – IIMA,
Board Member – IIMA Endowment Fund
OUR CORPORATE & CSR PARTNERS
ENDOWMENT FAQs
What is an Endowment?
An endowment is a dedicated source of long-term funding, made up of donated gifts, that supports the mission and work of a philanthropic organization like a university. The endowment’s annual distributions are a critical source of funding for the Institute, creating a bulwark against uncertainty and allowing the Institute to focus on its long-term plans without financial challenges. In this way, the endowment bridges the gap between revenue that is brought in from tuition and research grants, and the critical costs associated with the Institute’s vision.
Why is an Endowment Important?
Academic Institutions can exist in perpetuity with the help of Endowments. Some of the best academic institutions in the world have access to the largest endowments in the world. Endowments, as a reliable source of funds, protect institutions against both internal and external shock and keep them on track of continued excellence. It aims to build a long-term, flexible source of funds powered by a self-replenishing and unencumbered corpus.
What does the IIMA Endowment Fund Support?
The IIMA Endowment Fund is set up to organise, streamline and recognise the giving made by alumni and corporations and to help create a formal, well-governed and professionally run structure through which they can contribute to IIMA’s future. The IIMA Endowment Fund exists solely in the service of the institution. It aims to build a long-term, flexible source of funds powered by a self-replenishing and unencumbered corpus.
The vision of the IIMA Endowment Fund is to solidify IIMA’s global prominence in thought leadership, research, and academic excellence and achieve the next horizon of eminence. The funds raised by the IIMA Endowment Fund support strategic initiatives and projects that help achieve this vision. Primarily, the funds raised by the IIMA Endowment Fund will support 5 purposes:
A. Student Support through Scholarships & Awards
B. Faculty Support through the establishment of Research Chairs
C. Research Support through the establishment of Centres of Excellence
D. Growth, Expansion and Internationalisation including Infrastructure
E. IIMA Endowment Fund General Corpus
Are there any constraints on Endowment Funds?
Donors have the option of contributing via a purposed donation, thereby restricting the utilisation of the funds to a specified purpose or the Donors can make unrestricted contribution to the IIMA Endowment Fund General Corpus which will be deployed at the Institute’s discretion on initiative and projects of strategic importance.