By supporting IIT Bombay through your will, trust, estate plan, or other planned giving options, you help carry forward a legacy of excellence, scholarship, and progress.
Belief in the transformative power of education, research and innovation, expanding opportunity and IIT Bombay's enduring role in shaping thinkers, innovators and nation-builders.
Known globally as bequests or planned giving, the IIT Bombay Living Legacy Programme enables you to designate IIT Bombay and/or the IIT Bombay Heritage Foundation (IITBHF For US donors) as a beneficiary in your will, trust, estate plan, and more. It is also designed to maximise the impact of your legacy.
IIT Bombay is where India's brightest minds are nurtured, and its most defining ideas take shape. It drives critical research, launches enterprises of global consequence, and advances urgent frontiers like climate science, artificial intelligence, and public health, to name a few. This work is purposeful, pressing, and scaling towards boundless impact. Your legacy ensures the research continues, the questions keep being asked, and the breakthroughs the world needs are never held back.
"When you choose to leave a legacy to IIT Bombay, you are not simply making a gift — you are extending the arc of your own journey. You are investing in minds you may never meet, discoveries yet to be imagined, and a future shaped by courage, curiosity and compassion."
SAMPLE LANGUAGE
If you choose to include IIT Bombay in your plans, the following sample language can help guide your conversation with your legal advisor.
Qualified Charitable Distribution ( QCD)
If you are a U.S. donor aged 70½ or older, you can make a tax-efficient gift to IIT Bombay through a Qualified Charitable Distribution (QCD) from your IRA. A QCD allows you to transfer funds directly from your IRA to IIT Bombay Heritage Foundation, without the amount being included in your taxable income. It can also count toward your Required Minimum Distribution (RMD).
To make a QCD, please contact your IRA provider and request a direct transfer to IIT Bombay Heritage Foundation (Tax ID: 77-0428724). You may also write a check from your IRA, if eligible.
LIFE INSURANCE
A life insurance gift is a simple, tax-efficient way to create a lasting legacy at IIT Bombay. You can name IIT Bombay Heritage Foundation as a beneficiary of your policy, ensuring long-term impact aligned with your philanthropic goals.
Retirement Account Beneficiary
Designating IIT Bombay Heritage Foundation as a beneficiary of your IRA or other retirement assets is a thoughtful way to extend your impact while enabling potential tax efficiencies. IITBHF (Tax ID: 77-0428724) can be named directly through your account provider.
Begin your conversation with our dedicated Living Legacy team.
Upon joining, you will be welcomed as a member of IIT Bombay’s Living Legacy Circle
You can support IIT Bombay through multiple modes, including:
Bequests (via will/trust/estate plans)
Periodic Qualified Charitable Distributions (QCDs) from an IRA
Retirement assets (such as IRA/401(k) equivalents, where applicable)
Life Insurance
Other planned giving options
Our team would be happy to work with you to ensure your gift reflects your intentions.
Yes. A bequest is revocable and can be modified at any time by simply updating your will.
Yes, please write to us at livinglegacy@iitbacr.com and we'd be happy to have a conversation to understand your interests and guide you through the options available.
We have prepared sample bequest language for your reference - View sample language →
Tax benefits vary based on your country of residence and applicable laws. Since different types of contributions may be treated differently for tax purposes, we recommend seeking advice from a legal or financial advisor.
Absolutely. If you prefer, your contribution can remain entirely anonymous. We will respect your wishes regarding recognition and privacy.
There is no minimum amount. Every legacy gift, regardless of size, contributes meaningfully to IIT Bombay’s long-term future.
If you choose to include IIT Bombay in your plans, the following sample language can help guide your conversation with your legal advisor.
Express your interest
