Dear Fellow
Alumni,
As you already know, our beloved Chennai has been hit by devastating and
unprecedented floods with continuous rains for almost a month. The damage
caused and the suffering has been truly of epic proportions and reports are
still trickling in of rescue operations in parts of the city which appear to be
isolated from other parts of the city.
While a substantial amount of service and aid are pouring in for emergency relief , lot more needs to be done and efforts are required on a long term basis for rehabilitation and well being of the victims in flood affected areas. We are aware that many of our alumni and their families are involved in various ways in diverse projects to help the flood victims and IITMAA would like to supplement their efforts by setting up the “IITMAA Flood Rehabilitation and Health Care Fund”.
We have already received commitment from a few alumni to contribute over a lakh of rupees to this fund and we appeal to our alumni community to contribute from their heart to this noble initiative. To ensure that fund collection, maintenance and deployment are done in the most professional and transparent manner, we have decided to route these funds through the IITM Alumni Charitable Trust (IITMACT) and a separate bucket under “IITMAA Flood Rehabilitation and Health Care Fund” will be maintained by IITMACT. Contributions to the fund are eligible for tax deduction under section 80G. The bank details for transfer of such contributions are given below:
IIT
Madras Alumni Charitable Bank account details as follows:
Normal
Savings Account (for transfer in Indian Rupees)
Account
no : 014010100864381
Name
of the Account :
IIT MADRAS ALUMNI CHARITABLE TRUST
Name
of the Bank :
AXIS BANK LTD
Name
of the Branch :
T.Nagar
Address
of the Bank :
No.113, G N Chetty Road
T.Nagar, Chennai 600 017.
RTGS/IFSC
Code
: UTIB0000014
Foreign Contribution Account (For transfer from overseas for all areas
except North America)
Account no : 014010100876452
Name
of the Account :
IIT MADRAS ALUMNI CHARITABLE TRUST
Name
of the Bank :
AXIS BANK LTD
Name
of the Branch :
T.Nagar
Address
of the Bank :
No.113, G N Chetty Road
T.Nagar, Chennai 600 017.
SWIFT
CODE
: AXISINBB014
Kindly
specify that the transfer is towards, “IITMAA Flood Rehabilitation and Health
Care Fund”. Alumni donors sending us Cheques and drafts to the address given
below are requested to draw the same in favour of “IIT Madras Alumni Charitable
Trust” and specify that the same is towards “IITMAA Flood Rehabilitation and
Health Care Fund” on the reverse of the Cheque / DD. They are also requested to
provide their full address and PAN No so that a formal receipt can be sent to
them on realization of the cheque. Alumni donors who remit money through electronic
channels may kindly send a mail to alumni@iitm.ac.in
providing the complete name, address and PAN NO to enable dispatch of receipt
to their respective addresses.
ITTMAA will ensure that the funds are utilized effectively and ensure transparency in deployment of the same to appropriate agencies and persons rigorously identified with genuine needs. The funds will be kept under safe custody by the IITM Alumni Charitable Trust and the deployment of funds for worthwhile projects in rehabilitation and health care will be undertaken in consultation with the stake holders of IITMAA. A strong governance mechanism will be built into the system.
All our alumni are kindly requested to donate generously and help us serve the socially deprived sections of society who are reeling under the onslaught of the floods. I would also like to thank the alumni who have initiated this process by donating lakh plus rupees spontaneously.
With warm Regards,
V.Ravi
(1971-BTCE)
President
IIT
Madras Alumni Association
Room
# 109, Office of Hostel Management, Hostel Zone
IIT
Madras, Chennai - 600 036
Tel:044-
2257 8391
Email:alumni@iitm.ac.in
Website:
http://www.iitmaa.org
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