IIT KHARAGPUR DEVELOPMENT AND ENDOWMENT FOUNDATION

What IIT KHARAGPUR DEVELOPMENT AND ENDOWMENT FOUNDATION does

The IIT Kharagpur Development and Endowment Foundation (DBA: IITKGP Foundation / IIT Kharagpur Foundation) is a 501(c)(3) non-profit organization incorporated in Nebraska, USA, with a mailing address at P.O. Box 27183, Omaha, NE 68127 (US Federal Tax ID: 47-0747227). It functions as the dedicated US and Canada-based fundraising and alumni engagement arm of IIT Kharagpur, channeling tax-deductible donations from alumni and supporters toward institute initiatives that fall outside government funding — primarily hall modernization, student wellbeing programs, and capital campaigns such as the Platinum Jubilee Fund.

The foundation operates a web-based platform (www.iitkgpfoundation.org) that offers an alumni directory, donation processing, message boards, a jobs board, events listings, photo galleries, newsletters, and an Employer Matching Gift Program. The site is powered by AlumniMagnet, a third-party alumni-relations vendor, indicating a low-technology outsourced architecture rather than proprietary infrastructure. The foundation does not sell commercial products, charge fees, or hold any IP portfolio.

Its revenue model is entirely donation-driven. Contributions are voluntary and tax-deductible for US taxpayers only; the foundation does not publicly disclose donation amounts or funding goals. 2023 Financial Statements are made available on the site, and a CY 2025 Year in Review has been published, establishing a recurring transparency cadence. Core customer/donor segments are IIT Kharagpur alumni (primary) and philanthropists/supporters (secondary), with IIT Kharagpur students the primary programmatic beneficiaries of the funds raised. The foundation is governed by a Board/Trustees structure and operates in mutual strategic partnership with IIT Kharagpur under the leadership of Director Prof. Suman Chakraborty.

Name

IIT KHARAGPUR DEVELOPMENT AND ENDOWMENT FOUNDATION

Legal name

IITKGP Foundation

Website

https://iitkgpfoundation.org

Company type

Private

Founded year

2026

Operating status

Operating

Headcount range

1–10 employees

Short description

The IITKGP Foundation is a US-registered 501(c)(3) non-profit that channels tax-deductible alumni donations toward IIT Kharagpur initiatives, operating a web-based alumni networking and donation platform for the institute's US and Canada alumni community.

Ownership category

akta.pro rank

Product category

Non-Profit Foundation Services

NAICS

Grantmaking Foundations (813211), Civic and Social Organizations (8134)

SIC

Services-Membership Organizations (8600), Services-Social Services (8300)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Scholarship & Fellowship Foundations and Trusts (EDADAHAC), Community Foundations (BPAGAKAB)

Keywords

• Alumni fundraising
• Charitable donations
• Alumni networking
• Nonprofit foundation
• Higher education philanthropy

Headquarters

HQ city

Kharagpur

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Donations and Charitable Contributions: The IITKGP Foundation is a 501(c)(3) registered non-profit organization that raises funds through donations from IIT Kharagpur alumni and supporters. Contributions are tax-deductible for US taxpayers. The foundation processes donations on behalf of IIT Kharagpur and directs funds toward various institute initiatives including hall modernization, student wellbeing programs, and the Platinum Jubilee Fund.

Distribution channels2 records

Marketing channels5 records

Core offering

The IITKGP Foundation is a US-registered 501(c)(3) non-profit foundation that raises tax-deductible donations from IIT Kharagpur alumni and supporters in the US and Canada, and channels those funds to IIT Kharagpur for projects such as hall modernization, the Platinum Jubilee Fund, and student wellbeing programs including SETU. It also operates a web-based alumni networking platform providing an alumni directory, message boards, job listings, events, photos, and newsletters.

Product overview

The IITKGP Foundation is a non-profit alumni organization that provides a web-based platform for alumni networking, donations, and connecting with IIT Kharagpur. The platform offers an alumni directory, donation processing, message boards, job listings, events, and newsletters. It does not offer commercial technology products or services.

Differentiator

Problem solved

Functional benefit

Products and services

• Donation Processing Service

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• IIT KharagpurcoreStrategic or Co-development PartnerThe IITKGP Foundation serves as the primary fundraising and alumni engagement arm of IIT Kharagpur in the US and Canada. The foundation processes donations on behalf of the institute and supports various institute initiatives including student wellbeing programs, hall modernization, and capital projects. The institute, led by Director Prof. Suman Chakraborty, collaborates with the foundation on initiatives like the SETU student wellbeing program.

Scale indicators1 record

Recent moves7 records

Expansion highlights4 records

Direct peers

• IIT Bombay Foundation (USA): US-based 501(c)(3) charitable foundation supporting IIT Bombay through alumni donations. Operates the same model — tax-deductible US giving routed to an IIT institution for projects the government does not fund.
• IIT Delhi Heritage Foundation: 501(c)(3) foundation supporting IIT Delhi through North American alumni giving. Closely comparable structure, donor base, and project focus areas (infrastructure, student support, research).
• IIT Madras Alumni Association (US Chapter): North American alumni engagement and fundraising vehicle for IIT Madras. Same alumni-foundation structure and target donor demographics as the IITKGP Foundation.
• IIT Roorkee Foundation: US-based charitable foundation supporting IIT Roorkere alumni engagement and giving. Operates a near-identical model — alumni tax-deductible donations directed to institute projects.
• IIT Kanpur Foundation: US-based fundraising arm for IIT Kanpur, using an identical alumni-donation and project-funding model. Directly comparable in mission, donor pool characteristics, and program types.
• Indian Institute of Science Alumni Association: Alumni association supporting the Indian Institute of Science (IISc), India's premier science research institution. Comparable model of alumni engagement and philanthropic support for an elite Indian institution.

Broad incumbents

• Stanford Alumni Association: Established US university alumni association with a much larger endowment, professional staff, and broader programmatic scope. Comparable in core function (alumni engagement, networking, fundraising infrastructure) but operates at vastly greater scale.
• MIT Alumni Association: Major US university alumni association with sophisticated fundraising programs and global chapters. Comparable alumni-platform and giving model, though operating at a different scale and with broader programming.
• Georgia Tech Alumni Association: Established US technology-focused university alumni association. Comparable in supporting a technology-institution alumni base, with similar member services (directory, events, networking) and fundraising capabilities.

Emerging players

• BITSAA International: Global alumni association for BITS Pilani, another elite Indian technical institution. Comparable in supporting North American alumni giving for an Indian higher-education institution, with a slightly broader global footprint.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/IITKharagpurFoundation
• LinkedInlinkedin.com/company/iitkgp-foundation

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about IIT KHARAGPUR DEVELOPMENT AND ENDOWMENT FOUNDATION