Adopt Your Hostel Room - IIT Madras
As alumni of the institute, some of our fondest memories are of the days we spent in the hostel. The hostel rooms we occupied became the first port of call during the visit of anyalumnus to the campus, particularly the ones who visit the campus after long years.
So much so that the hostels are closest to our heart....
Today, there are more than 9,000 students in the campus, 3-4X the number in the 70s and 80s. This is placing enormous stress on the living environment in these hostels.
The hostels have been maintained over the years with IITM funding the repairs, upkeep and maintenance. Many re-visiting alumni have given a feedback that the look & feel of the hostels needs to be of much higher order quality to fit in with Brand IITM, the # 1 ranked engineering institution in India!
This proposal seeks to set up an Endowment called “Adopt Your Hostel Room" to raise funds which will help in this endeavour.
What is the proposal?
Adopt your hostel room
A Rs. 5.00 Lakhs Endowment contributed by alumnus yields a return of Rs. 30,000 /- per annum at 6 % return.
This amount will be utilized to clean, repair and paint the rooms afresh, whenever a room gets vacated and a new occupant moves in.
Also, the surplus money would be used to maintain the common areas such as washrooms, corridors, garden areas, playing quadrangle area, common rooms, etc. The capital repairs would be done with a 3-year periodicity.
Payment options for Naming Rights
Donation without Naming Rights - Minimum Rs. 10,000
5L ($ 8000)
4L ($ 6500)
3L ($ 4800)
Those who adopt a room will be able to leave a lasting imprint with a display of their name on a “Donor Wall of Fame” to be erected in each wing of the hostel at the staircase landing area wall.
Here’s a win-win scenario for you--- world-class ambience for the students, pride & joy for you in giving back to your alma mater...Keep It Flowing
What are you waiting for?
Go ahead & contribute.