ENCORE II
A total amount of INR 72 Lakhs was raised globally. Thanks to all who donated!
In 2014, we successfully launched the Encore Awards Fund at our Silver Jubilee at IIT Roorkee. A whopping 108 members of the 1989 batch contributed over Rs. 43 lakhs to give back to our alma mater by recognizing and rewarding outstanding undergraduate students at the institute. Since then, 30 young Thomsonians have received more than Rs 12 Lakh in Encore Awards, funded from the interest earned on the corpus.
A committee of your batchmates has put in time to make sure the best applicants are selected, and to ensure impeccable financial accountability. All proceeds have gone directly to the students. IIT Roorkee has been very helpful during this process. Today, the Encore Awards have become one of the most prestigious awards at the institute. Please visit IITR Encore for all the details.
Five years on, we believe it is time to take Encore to the next level. Many of you have also expressed a desire to give again. Therefore, we are starting a new round of fundraising, that will culminate during the Pearl Jubilee celebrations.
Based on the fund’s track record, and the many students it has helped over the years, we ask that you donate generously. We are counting on all of you: previous donors and those who missed out on participating during the first round. Our goal for Encore II is to raise Rs 1 Crore ! These funds will be used to increase and number and value of the student awards and funding to attract and retain the best faculty at the institute.
In the US, we are planning to route the funds through the IITR Heritage Foundation, to allow for the benefit of tax deductions and corporate matching where possible. In India, all donations can be given to the institute directly and will qualify for tax benefits. Let us hope we can up the average donation and the number of donors this time around to meet our ambitious goal of raising Rs 1 Crore!
At this time we are only inviting pledges/commitments from each of you. One of the volunteers will reach out to you for pledges. A call for funds will be made in early November with bank and payment details. The entire list of Encore II donors (unless some of you request anonymity) will be shared and celebrated during the Pearl Jubilee!
FAQ
Expected amount of contribution
US & Canada: Any amount is appreciated, but USD 2000 is suggested.
India: Any amount is appreciated, but INR 100,000 is suggested.
Other countries: Any amount is appreciated but USD 2,000 is suggested.
What will these funds be used for?
There are a several options. Final decision will be made after consulting with the donors after the fund raising has been completed.
One option is to extend our existing Scholarships to make them more substantial, and to support more merit-cum-means scholarships.
We can also consider some options from this list suggested by Roorkee: http://awards.iitr.ac.in/donors/schemes.php
Will my contribution be tax deductible? Yes.
US & Canada: Donations can be made through IIT Roorkee Heritage Foundation, which is a recognized 503 c(1) non-profit.
India: Donations can be made directly to IIT Roorkee. Roorkee has a 80Gregistration and will issue a tax receipt.
Other countries: Donations can be made directly to IIT Roorkee. Roorkee has a 80cc registration and will issue a tax receipt.
How do I make my contribution?
Please see payment instructions below
For each year since start (2014 to 2018)
# of applicants per year: between 100-150 students apply every year for the scholarships.
We award 3 overall excellence awards (4th year), and 6 merit-cum-means awards (2nd year). About 30% of the winners are girls.
Funds collected, funds disbursed per year since original Encore fund raising in 2014
The original corpus of Rs 43 Lakh is intact. About 3 Lakh is disbursed every year from the interest income.
Tax deduction
India:
IIT Roorkee qualifies for 80G category tax exemption. Recent changes in tax laws in India allow anywhere from 50% to 100% deduction. The amount donated sometimes has to be less than 10% of annual gross income. IITR issues you a receipt for taking the deduction.
USA:
IIT Roorkee Heritage Foundation is a Non-Profit Charitable 501(c)(3) US Organization, and qualifies for a Tax deduction.
Testimonials from Winners
Gautam Arakalgud, winner from 2015:
It's a big honour for me to win this prestigious award in its inaugural year. I thank the entire Encore team for giving me this opportunity. I'm sure the award will go a long way in giving me the strength and confidence to strive for bigger things in the future. More importantly, the award serves to build a platform to foster interaction among current students and the alumni of IITR. I had a very pleasant time talking to Mr. Chandwani and Mr. Goyal during the interview and I'm hoping to keep in touch with you in the future as well.
After transferring the funds, please enter payment details here: payment form
Previous Winners
Paresh Goel Architecture & Planning
Pradeep Varma Architecture & Planning
Navneet Arora Chemical Engineering
Himanshu Asthana Chemical Engineering
Ashish Gupta Chemical Engineering
Sushil Madhogarhia Chemical Engineering
Vivek Mohindra Chemical Engineering
Murlidhar Nagwani Chemical Engineering
Pushkar Shahi Chemical Engineering
Jaspal Singh Chemical Engineering
Manish Singh Chemical Engineering
Arun Sood Chemical Engineering
Pankaj Agarwal Civil Engineering
Alok Jain Civil Engineering
sanjiv kumar Civil Engineering
Anil Prahlad Civil Engineering
Anisur REHMAN Civil Engineering
Ashish Sharma Civil Engineering
Sanjiv K. Sinha Civil Engineering
Dinesh Chaurasia Computer Science & Engineering
Salil Datta Computer Science & Engineering
Sanjeev Goel Computer Science & Engineering
Sanjay Gosain Computer Science & Engineering
Sanjay Joshi Computer Science & Engineering
ajay malik Computer Science & Engineering
KISHORE MULCHANDANI Computer Science & Engineering
Sunil Mushran Computer Science & Engineering
Kiran Panesar Computer Science & Engineering
Vivekanandhan Raja Computer Science & Engineering
Shivajee Samdarshi Computer Science & Engineering
Surendra Verma Computer Science & Engineering
Arpita Banerjee Electrical Engineering
Brijesh Chandra Electrical Engineering
Amit Chandra Electrical Engineering
Mukesh Chauhan Electrical Engineering
Suman Ghosh Electrical Engineering
Rajat Gupta Electrical Engineering
Vikram Modi Electrical Engineering
Ramani Narayan Electrical Engineering
ramprasad satagopan Electrical Engineering
Neeraj Tandon Electrical Engineering
Vivek Agrawal Electronics & Communcation Engineering
Sandeep Ahluwalia Electronics & Communcation Engineering
Sanjay Girdhar Electronics & Communcation Engineering
Sunil Goyal Electronics & Communcation Engineering
Kiran Kumar Electronics & Communcation Engineering
Rohit Mathur Electronics & Communcation Engineering
Aneesh Prabhu Electronics & Communcation Engineering
Ratnakar Pulugurta Electronics & Communcation Engineering
Arvind Rangarajan TCA Electronics & Communcation Engineering
Sanjiv Sinha Electronics & Communcation Engineering
Sumit Chandwani Mechanical & Industrial Engineering
Vinod Chopra Mechanical & Industrial Engineering
Manish Goel Mechanical & Industrial Engineering
Vivek Goel Mechanical & Industrial Engineering
Vijay Gupta Mechanical & Industrial Engineering
Sunil Jain Mechanical & Industrial Engineering
shravan jha Mechanical & Industrial Engineering
Gopal Khaitan Mechanical & Industrial Engineering
Sukhwinder Lambha Mechanical & Industrial Engineering
Manish Mehrotra Mechanical & Industrial Engineering
Soumen Mukherjee Mechanical & Industrial Engineering
Parasu Narayanan Mechanical & Industrial Engineering
Anandh Ranganathan Mechanical & Industrial Engineering
Alok Satyawadi Mechanical & Industrial Engineering
Amit Shekhar Mechanical & Industrial Engineering
Vikas Singhal Mechanical & Industrial Engineering
Sudhakar Vissapragada Mechanical & Industrial Engineering
Ashok Goel Metallurgical & Materials Engineering
Ankur Goyal Metallurgical & Materials Engineering
Amit Gupta Metallurgical & Materials Engineering
Puneet Gupta Metallurgical & Materials Engineering
Rajiv Mangal Metallurgical & Materials Engineering
Kumar Manish Metallurgical & Materials Engineering
Parag Mital Metallurgical & Materials Engineering
Sanjay Shrivastava Metallurgical & Materials Engineering
Veerendra Srivastava Metallurgical & Materials Engineering
Fund Statements
1989 Eighty Nine Class of Roorkee Endowment (Encore) Award.pdf