IIT, IIM reunions and that warm, fuzzy feeling of … making a donation
The post IIT, IIM reunions and that warm, fuzzy feeling of … making a donation appeared first on The Ken .
The Indian Institutes of Technology (IITs) and Indian Institutes of Management (IIMs) are increasingly relying on alumni donations to fund their operations. These donations have become crucial as the institutes cut back on central grants. One way institutes are leveraging alumni donations is through silver-jubilee reunions, where graduating classes reunite 25 years after their graduation.
These reunions allow institutes to turn an entire class into a fundraising pool. For example, IIT Kanpur's class of 2000 pledged Rs 100 crore towards a new school of technology and society in 2025. However, not everyone is in favor of this new fundraising format. Some argue that the personal interaction with students that used to be a part of reunions is missing, and professors are less likely to attend.
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