BITS Pilani

  • Last updated on Wednesday, December 14, 2022

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BITS 1.996 Cr Fund

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BITS 1.996 Cr Fund

 

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BITS 1.96CR Fund
 
 
 
 
It has been over 20+ years since we left the oasis that was the BITS Pilani Campus, bright eyed and ready to step into the unknown, a world full of hope and with absolutely no idea where our journeys would take us. Each of us has achieved something notable since then, either personally professionally or both, and our time at BITS Pilani and the friends we made there were instrumental in molding us into the people we are today. As we prepare to come together for a memorable reunion this December to celebrate 25 years of our friendship at BITS, we hope that all of us will take this opportunity to give back to the institution and the BITS family that we are so proud to be associated with. The funds we raise could enable BITS to compete with other top schools in India in academia or to improve its infrastructure. 
 
We have created a fund code named “BITS1.996CR” and we’ve set a goal of raising 1.996 Crore INR ($ 250,000) as the 96 Batch Class Gift. These funds will go towards setting up merit-cum-needs scholarships, supporting and investing in BITSian Startups on Campus, the BITS Alumni Fund for Children Education, and other need-based projects with an objective to generate additional revenue streams for generations to come. During the course of our reunion in December 2022, we will collectively decide on the final list of projects we want to support.
 
The important thing is that you contribute what you can, and we would love to have maximum participation from our batch. The easiest way is to contribute online but other mechanisms are also provided below. And don't forget to get your company to match your donation and remember they are tax-deductible (see details below).
 
We have tried to arrive at a method which is not taxing on a month-to-month basis, but once the contribution is complete, will help us achieve our goal. 
 
Payment Options: 
 
Option 1: One-time contributions ranging between US $50 - $100K. Charged to Card or via any of the methods shown below.
 
Option 2: Contribute $100/month or INR 5000/month for 12 months*. Preferably charged to a Credit Card.
 
Option 3: Contribute $50/month or INR 2000/per month for 12 months*. Preferably charged to a Credit Card.
 
Option 4: Contribute $25/month or INR 1000/per month for 24 months*. Preferably charged to a Credit Card.
 
 
*Please note that monthly donations continue indefinitely until you request the termination. In case, you'd like to discontinue your monthly donation, please write to us requesting the same at fundraising-team@bitsaa.org
 
Donation Methods
 
Below are details on how to pitch in and make those tax-deductible contributions that will help BITS and cement the 1996 batch legacy (the magic continues…). 
 
US Donations 
 
Wire Transfer: 
 
Beneficiary Name BITSAA INTERNATIONAL, INC
Bank Account Number 590670029
Account Type Checking
Bank J.P. MORGAN CHASE
Routing Number for Direct Deposits and ACH Transactions 322271627 (Domestic)
Routing Number for wire transfers 021000021
SWIFT Code CHASUS33 (International)
Address BITSAA International Inc. 1030 E. El Camino Real, # 256 Sunnyvale, 94087 - CA
 
Please send an email to donations@bitsaa.org; alumnirelations@pilani.bits-pilani.ac.in, with the date and amount. Put a note “Donation for 1996 Batch Fundraising for “BITS1.996CR” in the wire transfer to help us track donations. You will receive an acknowledgment of transfer within a week of sending the transaction details to BITSAA.
 
For any clarifications, please reach out to us at donations@bitsaa.org.
 
Corporate gift-matching is a very powerful tool for charitable causes and we support and encourage it. Please check using this tool to find if the current company you work with supports gift matching.
 
Note: 5% fee is applied towards all donations of this campaign through BITSAA to cover the Administration fee per BITSAA MOU. 
 
 
 
 
 
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