The IIT Kanpur Fund Incorporation (IITK Fund INC) was created as an entity within the New York Office of IIT Kanpur (USA) in the year 2016. It was an initiative taken by IIT Kanpur with one of its US based alumnus Mr. Sanjeev Khosla (BT/CSE/IITK/1986).
Later on, Mr. Sanjeev Khosla was also declared as a Brand Ambassador of IIT Kanpur (US Office). The prime objective of setting up this entity was to facilitate fund raising for the specific development activities at IIT Kanpur.
The USA Government granted the IIT Kanpur Fund Inc. a tax exempt and a Public Charity status in the year 2016. This provision gives the IITK Fund INC Donors the maximum tax benefits in the United States of America (USA) and also allows INC to seek for Donor Matching Funds from the US based donor corporations. It is also a non-profit organization classified under the 501 (C) (3) of Internal Revenue Code (IRC) of US Government and run by the alumni of IIT Kanpur only.
The office is eligible to receive donations from the alumni community and others in the US region to be utilized for the specified activities by and at IIT Kanpur. The mailing address of IIT Kanpur Fund INC is 62 William Street, Floor 2, New York, NY 10005 and the Tax ID for IIT Kanpur Fund INC is 81-2209935.