Golden Jubilee Growth Fund
Dear Alumnus/ Alumna,
July 31, 2018 marks the closing of our “Golden Jubilee Growth Fund” and Aug 1, the launch of our 15-year “Diamond Jubilee Corpus Fund”.
We launched the GJGF with a target of Rs. 100 crores. I am very happy to report that we are closing the Fund with an accrual of Rs. 268 crores, and are launching the DJCF with a target of Rs. 3,500 crores ($ 500M), with a closure date of July 31, 2033, which will mark the beginning of our Platinum Jubilee year.
Here’s a list of some major projects that have been supported with the GJGF:
Stadium RenovationPrem Watsa, $ 1M
BioSciences Block IIMehta Family Foundation, $ 1.5M
Centre for Innovation’81 batch, Rs. 80 lakhs
CSE Department AnnexSubramonian Shankar, $ 500K
Quark (eatery)’73 batch, Rs. 80 lakhs
Quadrangle (in front of New Academic Complex)’77 batch, Rs. 78 lakhs
Sports Complex’86 batch, Rs. 53 lakhs
Solar Water Heater for hostels’73 batch, Rs. 28 lakhs
Rooftop solar for Hostels’75 & ’95 batches, Rs. 78 lakhs
Walkway between HSB & ESB’14, ’15, ’16 batches; Rs. 49 lakhs
International Centre for Clean WaterHT Parekh Foundation, Rs. 4 crores
Robert Bosch Centre for Data Science/ AIBosch Co., Rs. 7 crores
Centre for Battery EngineeringABB India Ltd& Mahindra and Mahindra Limited, Rs. 1.5 crores
Chemplast Sanmar ZLD Research LabChemplast Sanmar Ltd., Rs. 1 crore
Thin Films Lab in PhysicsKris Gopalakrishan and Jagadeesh Moodera,Rs. 3.5 crores
Space LabKrishna Chivukula, Rs. 1.5 crores
Initiative in Biological Systems EngineeringPrakash Arunachalam, 1.93 crores ($ 1M committed in stocks)
Big Data Fund’89 batch, Rs. 1.3 crores
Deakin-IITM CoE in Advanced Materials & ManufacturingDeakin University, Rs. 73 lakhs
Distinguished Chairs (3) in Computational Brain ResearchKris Gopalakrishnan, Rs. 30 crores
Visiting Chairs (3) in Computer ScienceAnand Rajaraman & Venky Harinarayanan, $ 1M
Dr. Singhvi ChairDr. Ajit Singhvi, Rs. 1.5 crores
HAL Chair in AEHAL, Rs. 1.5 crores
MoSDE Chair in EDMinistry of Skill Development & Entrepreneurship, Rs. 92 lakhs
Sant Rajinder Singh Ji Maharaj Adjunct ChairSant Rajinder Singh Ji Maharaj, Rs. 75 lakhs
Chevron ChairChevron Corp., Rs. 54 lakhs
Ace Micromatic ChairAce Micromatic Group, Rs. 50 lakhs
Institute Chairs (20)$ 100K each by various donors, total Rs. 11 crores
Merit-Cum-Means Scholarshipvarious donors, Rs. 6.9 crores
SSAN Ananya Education Trust- Interest-Free LoanSunderam Swaminathan, Rs. 5 crores
1964 Foundation Endowment FundPrem Watsa, $ 1M
Alumni Travel Grantvarious donors, 1.45 crores
Ram Sundaram Travel GrantRam Sundaram, $ 50K
Dr. KS Varyani Memorial AwardDr. KS Varyani Memorial Trust, Rs. 1 crore
Smt. HattiangadiManorama Bai ScholarshipM Vikram Rao, Rs. 81 lakhs
Sriram Srinivasan ScholashipSrinivasan V, Rs. 77 lakhs
Shoma & Prasad Setty Student Distress FundPrasad Setty, Rs. 59 lakhs
Ram Shriram Scholars ProgramRam Shriram, $ 50K per annum
HFCL ScholarshipHFCL SOCIAL SERVICES SOCIETY, Rs. 60 lakhs
Convocation Day Prizesvarious donors, Rs. 71 lakhs
Institute Day Prizesvarious donors, Rs.66 lakhs
AlumNite Prizesvarious donors, Rs.76 lakhs
Gopalakrishnan-Deshpande CentreKris Gopalakrishnan & Desh Deshpande, $ 1M per year for 5yrs
Innovation Fundvarious donors, Rs. 14 crores
CFI Modernization’81 & ’92 batches, Rs. 2.3 crores
Centre for Social Innovation & Entrepreneurship (CSIE)Rs. 1.75 crores
Entrepreneurship Scheme for Biotechnology StudentsShrikumar Suryanarayanan, Rs. 50 lakhs
IITM Incubation Cellvarious donors, Rs. 5.8 crores
Healthcare Technology Innovation CentreJ Mitra & Co., Pvt. Ltd., Rs. 16.5 crores
Roof-top solar with 2 MW capacityRural Electrification Corp., Rs. 9 crores
National Program on Technology-Enhanced LearningAricent Technologies Ltd., Rs. 5.2 crore
Sustainable Waste Management &Resource Recovery for Healthy & Clean VillagesIndian Additives Ltd and Technip Solutions., Rs. 3.5 crores
TTK Centre for Rehabilitation Research & Device Development (R2D2)TTK Prestige Ltd., Rs. 3 crores
Prof.MS Ananth Endowment Fund for Socially Relevant Projects& Financial Assistance for Children of SHG Employeesvarious donors, Rs. 2.3 crores
Affordable Standing Wheelchair (R2D2)The Wellcome Trust, Rs. 2.2 crores
Carbon Zero ChallengeVirtusa Polaris, Rs. 2.75 crores
Cost-Effective Wireless Broadband Solutions for Rural AreasNokia Solutions & Networks India Pvt. Ltd., Rs. 2 crores
Dynamic Traffic congestion Prediction System for Indian CitiesTCS, Rs. 1.9 crores
Inverterless Solar System for Off-Grid Areas in IndiaVerizon, Sasken, Cholamandalam Gen Insurance, Rs. 1.4 crores
Centre for Rehabilitation Engineering & Assistive Technology (CREATE)L&T Technology Services Ltd., Rs. 1.25 crores
Open Source Platforms & Capability Creation Initiative at RISECity Union Bank Ltd., Rs. 2.1 crores
Enhanced Traffic Mobility Using Signal ImprovementsL&T Technology Services Ltd., Rs. 84 lakhs
Improved Urban Governance in Metropolitan ChennaiCholamandalam Investment & Finance Co., Rs. 69 lakhs
Microgrid Systems for Village ElectrificationABB India Ltd., Rs. 60 lakhs
Village adoption/development at NagapattinamChennai Petroleum Corporation Limited, Rs. 60 lakhs
a. Various donors: Rs. 8.5 crores
With your support, our “Next 15” will be our best yet, both in terms of fund-raising, and in institutional high-rise. Here are some specific objectives that can be supported by building a sizable corpus, and deploying annual returns in a targeted manner:
Societal Impact:
• Achieve technology breakthroughs that have momentous consequences for the nation
• Deploy R & D interventions in water, energy, environment, healthcare, housing, transport and education to benefit society
• Target scale and sustainability when developing solutions for India’s “Grand Challenges”
• Ensure full dissemination of achievements to address perception/ reputation gaps
Research Centres of Excellence:
• Identify and nurture selected CoEs with potential to be among the world’s best in their domain, and able to attract funding from various sources
• Recruit high-quality faculty, including foreigners, to achieve diversity in thought
• Promote internationalization with institutional tie-up’s, faculty collaborations and student mobility
• Ensure commercial realization via IP protection and technology transfer
Teaching/Training:
• High degree of flexibility in undergraduate curriculum, large number of interdisciplinary Masters’ programs as part of a dual-degree
• Market-driven online M.Tech. programs and certification courses
• Induction of foreign students into M.Tech. programs
• Use of Teaching/ Learning Centre to improve pedagogy and learning outcomes
Academic Research:
• Upgrade path from Masters’ programs to Ph.D.
• Induction of foreign students into M.S. and Ph.D. programs with scholarships on offer
• Strong postdoctoral research programs with good career prospects
• Central Instrument Facility to avoid logjams in sample analysis
Industry Relations:
• Leverage Research Park fully to maximize connectivity of R & D Centres to IIT Madras faculty
• Formation of industry Consortia to achieve scale in shared research
• IP Office that handles Tech Transfer and commercialization aspects, including marketing
• Induction of Professors of Practice to strengthen interface to industry
Innovation & Entrepreneurship:
• Enable larger fraction of students and faculty to pursue innovation & entrepreneurship
• Provide connectivity to external incubators and innovation hubs
• Involve large number of alumni as mentors and investors
• Provide necessary on-campus infrastructure to coordinate innovation/ entrepreneurship-related activities
Infrastructure:
• Achieve a clean and modern ambience, preserving biodiversity and greenery
• Build some iconic structures on campus that will enhance visitor experience
• Provide sufficient accommodations on campus for faculty, students and Staff
• Enable state-of-the-art facilities for classrooms and Research Centres
Human Resources:
• Recruit foreign faculty to enhance international character
• Leverage Visiting Chairs and Adjunct Faculty to nucleate new areas of research
• Provide incentives for junior, mid-level and senior faculty to continue to excel
• Provide growth opportunities for non-academic Staff
Internationalization:
• Develop joint degree (Ph.D. & Masters’) programs with top 100 Universities in the world
• Leverage membership in global University consortia to promote student and faculty exchanges
• Offer summer/ winter research internships to foreign students
• Participate strongly in GoI programs such as GIAN, VAJRA; develop Institute’s own programs modelled on these
Alumni Relations/ Fund-Raising:
• Establish tax-exempt Foundations in various geographies to facilitate donations
• Target industry for CSR funds and Naming Rights, Foundations for sponsorships
• Identify high-net-worth alumni, cultivate them for large contributions
• Grow the alumni network through social media
Perception:
• Targeted publicizing of breakthrough technologies with deep social impact
• Lecture tours for “star” faculty and Ph.D. scholars, and hosting of luminaries and opinion-makers on campus
• Departmental Advisory Committees with substantial foreign participation
• Annual Workshops on campus and abroad to disseminate latest achievements
With regards....
Prof. R. Nagarajan
Department of Chemical Engineering
Dean, International & Alumni Relations
IIT Madras
e-mail: [email protected]
Phone: +91 9444008390
网址:Golden Jubilee Growth Fund https://klqsh.com/news/view/359664
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