IIT Madras Foundation is a fundraising platform to support IIT Madras’ drive towards global excellence in engineering education and research. It is an IRS approved tax-exempt 501(c)3 non-profit entity established and managed by volunteer IIT-M alumni to primarily raise endowment funds for IIT Madras from alumni, corporations and foundations in the United States. Our near term goal is to raise $100 million in endowment funds to meet the IIT Madras 2020 Strategic Plan goals set by Director Bhaskar Ramamurthi.