Modalities of Contributing to IIMA for Donors in the US
Donors from the US have 2 ways to contribute to IIMA. They can either contribute to the IIMA
Alumni Association USA or transfer funds directly to IIMA.
- 1) Contributing via IIMA Alumni Association USA
Contributions made to the IIMA Alumni Association USA are tax deductible as a 501(c)(3) Tax
ID No.: 22-3749107 (charitable or not-for-profit organization).
Funds can be transferred to IIMA Alumni Association USA via a Cheque as described below:
| Sr No | Field Name | Details |
|---|---|---|
| 1) | Cheque is to be drawn in favour of |
"IIM-A Alumni Association” with a covering letter clearly specifying the purpose of the donation, the full name and the address of the donor |
| 2) | Mailing Address |
Ritesh Agarwal, 56 Great Oak Dr, Short Hills, NJ 07078. Email address: connect2ritesh9@gmail.com |
In case the donor wishes to send the donation through Wire transfer, please email Mr. Ritesh Agarwal @
connect2ritesh9@gmail.com for further instructions.
At the time of sending the cheque, please inform Mr. Ritesh Agarwal through email connect2ritesh9@gmail.com with copy to endowment@iima.ac.in
and
dean-aer@iima.ac.in mentioning the purpose of the donation, fullname and mailing address. If possible, please
attach a screenshot of the transfer.
The contributions would be to 501 c (3) USA (Tax ID No.: 22-3749107) Charity for tax purposes. A receipt would be sent
after your contribution is credited to the bank account. Subsequently, your contributed funds would be transferred to
IIMA.
Note: Please do not remit funds from NRO / NRE a/c’s.
Disclaimer: Taxation details should be run past tax advisors in your local jurisdiction as needed.
- 2) Direct transfer to IIMA
Contributions may be sent to IIMA’s FCRA account at SBI (account information/details
provided below).
Please note, there is no tax benefit available on these receipts with funds from abroad.
| Sr No | Field Name | Details |
|---|---|---|
| 1) | Name of the Account Holder | INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD - F.C. ACCOUNT |
| 2) | Account Number | 40069720103 |
| 3) | Bank’s Name & Address | State Bank of India 11, Sansad Marg, New Delhi 110 001. |
| 4) | Branch Code No. | 691 |
| 5) | Swift No. | SBININBB104 |
| 6) | MICR Code | 110002087 |
| 7) | IFSC Code | SBIN0000691 |
| 8) | Bank’s Email ID | fcra.00691@sbi.co.in |
| 9) | PAN No. OF IIMA | AAATI1247F |
| 10) | Remittance Comments (if provided by bank) |
The foreign inward remittance should invariably contain following details: 1. FCRA Account number 2. Swift Code 3. Name of the Beneficiary 4. Name of Donor/ remitter 5. Account number of the donor/ remitter 6. Donor/ remitter's address 7. Donor/ remitter's Country of Residence |
Once the transfer is complete, please inform endowment@iima.ac.in
and
dean-aer@iima.ac.in mentioning the purpose of the donation, fullname and mailing address. If possible, please
attach a screenshot of the transfer.
Note: Please do not remit funds from NRO / NRE a/c’s.
Disclaimer: Taxation details should be run past tax advisors in your local jurisdiction as needed.