Structure and Governance
Officially endorsed by the Board of Governors-IIMA, the IIMA Endowment Fund is an alumni-initiated action in conjunction with IIMA. This dedicated initiative aims to elevate and strengthen fundraising and philanthropic efforts at IIMA while giving due recognition to alumni and non-alumni contributors. The core responsibility of the Endowment Fund team extends beyond merely raising funds; it encompasses the strategic management of donor relations, covering both the general and specific purpose contributions to IIMA.
The day-to-day operations of the IIMA Endowment Fund are managed by the IIM Ahmedabad Endowment Management Foundation, a legally constituted entity under Section 8 (Non-Profit) of the Companies Act 2013. Comprising alumni contributors and key IIMA Leadership, including the Director and Dean (Alumni and External Relations) in an ex officio capacity, the Foundation’s board oversees the seamless execution of its objectives.
Operating within a professional framework, the Foundation is committed to upholding a transparent governance model for the IIMA Endowment Fund. This model ensures compliance with legal standards and actively aligns with and furthers the overarching objectives of IIMA. The Foundation’s unwavering dedication to professionalism and transparency serves as a cornerstone, reinforcing its commitment to bolstering the financial resilience of IIMA and fortifying its global standing.