About The Cause
It has been an eventful journey from 2008-09, the "Golden Jubilee Year", to 2018-19, the "Diamond Jubilee Year".
As we begin our Diamond Jubilee celebrations this year on July 31, we are having a "Diamond Jubilee Launch IITM" Event on campus.
We had opened our "Golden Jubilee Growth Fund" in 2008, and we will close it on July 31, having achieved our goals. We will use the occasion to launch our "Diamond Jubilee Corpus Fund", where the focus will be on building the Institute corpus.
This will enable IITM to keep the principal intact and growing, even while annual returns are deployed by the leadership in a discretionary manner. This is essential for flexibility in dynamically directing funding where it will have the greatest impact.
How the money will be used
The Endowment will support IITM aspiration and help to realize the Strategic Vision 2020