Many employers, acknowledging the importance of higher education, provide for a matching gift when the donor designates a contribution towards BITSAA activities. The amount of the match is dependent on the corporation's guidelines. To determine if your employer provides a company match, please contact your human resources department.
Please contact the BITSAA Finance Team or reach out to BITSAA CFO Abhisheak Iyer(cfo[AT]bitsaa[DOT]org, 678 640 5186) if you have questions or would like to send in the Employer Matching paperwork.
Donating Stocks and Securities
You can also consider making a gift of appreciated stock (or mutual fund shares) rather than a cash donation. A gift of appreciated property often provides increased tax benefits. A signed instruction letter has to go out from you to your broker/ custodian regarding this.
Click here for more information about the (double) tax benefits and other details
Life insurance policies
If the original need for which a policy was bought no longer exists, a gift of this asset can be rewarding, particularly if the policy is fully paid up.
Gifts by bequest enable a donor to make significant contributions that may not have been possible during life. While determining the final distribution of a donor’s estates, the donor can designate a portion of their assets towards any of giving options on the table via BITSAA or via any other choice that can be created in consultation with BITSAA and BITS.
Depending on a donor’s unique circumstances and financial situation, there are several other avenues that can be availed of to contribute. These include donating tangible personal property, gifts in trust, charitable gift annuities, and so on.
Please contact the BITSAA Investments Team or reach out to BITSAA CIO Rajesh Chelapurath (rc[AT]bitsaa[DOT]org) if you have questions or would like to know more about the paperwork