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#BITSAccelerate

BITSAA 2020 CAMPAIGN


Vision 2020

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VISION 2020 BITS has consistently been recognized as one of the best universities in the country, a source of great pride for us but also one of the main motivations to push forward. In order to keep up with today’s rapidly evolving global standards of academic and research success, we need a focused and well defined strategy that can propel us towards achieving our vision of being among the top 3 universities in India and the top 25 in Asia over the course of the next 10 years. Over the years, BITS has gained a reputation for possessing top level faculty in various departments. However, active research is an important measure of technical success as well. Over the past several years, BITS has been focusing on a research driven process, with efforts being directed towards funding various research projects. Added to this, the enhancement of the PhD programs has further strengthened the research potential at BITS.

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Through an intense collaborative process involving faculty, students and (nonteaching) staff from all four campuses, a shape was given to a set of clearly articulated goals around three key domains: faculty development, curriculum development & pedagogy and research. These, in addition to improvements to infrastructure & facilities, became BITS’ strategic plan and gave birth to BITS’ “Mission 2012 and Vision 2020”.


Endowment

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WHAT IS ENDOWMENT? Endowment is the permanent capital that is invested in perpetuity. While the endowment principal remains intact, annually, a portion of the interest obtained from the principal is made available to the university. Therefore, by building the endowment, BITS and BITSAA have a greater ability to support students, faculty and enrich the BITS community. A larger endowment provides the university with greater flexibility in launching new projects or initiatives as well as in providing greater support to faculty and students.

THE NEED All of the world’s top universities have significantly large endowment funds. We believe having similar endowments at our disposal would help us accelerate towards becoming a pioneering research institute that is truly world-class. Scholarships, endowed chairs and research grants are central to this transformation that we envision for our alma mater. The presence of financial support would also increase the popularity of BITS amongst prospective faculty and researchers.

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#BITSAccelerate #BITSAccelerate

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ABOUT THE CAMPAIGN BITSAccelerate is a campaign aimed at permanently redressing our endowment predicament. We are at the beginning of the campaign which is charted to raise 2 million dollars in 2017 and 20 million dollars by 2020. This campaign will be the most ambitious one undertaken by BITSAA yet, and it promises to be as transformational as it is aspirational.

This campaign will enable BITS to continue to attract brilliant students, recruit and retain world-class faculty, support BITSians in their endeavors beyond the classroom, enrich campus life and strengthen research and innovation. From Tokyo to Toronto, Cape Town to London, if there is one thing that BITSians around the world are unequivocally proud of, it is their alumni network. Every student, throughout the four or more years on campus, sees multiple instances of inspirational contributions by alumni, both individual donations, or donations by a class, that translate into scholarships, travel and research grants. This new campaign is thus a channel for every alumnus to eternalize their association with BITS and to make a lasting impact on the lives of the next generation of BITSians.

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CAMPAIGN FOCUS AREAS Fundraising Drives 1) A Cent for BITS Campaign 2) Graduating Class Gift

Avenues to Donate 1) Student Enrichment  Tuition Scholarships  Travel Grants  Student Project Fund  Student Activities Awards 2) Faculty Enrichment  Faculty Excellence Awards  Endowed Fellowships  Endowed Research Grants 3) Unrestricted Giving  Unrestricted donations last in perpetuity and have a long-term impact

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A Cent for BITS Your bit, for BITS

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A CENT FOR BITS A Cent for BITS campaign is an appeal to BITSians globally to contribute a minute percentage of their income to bolster the size of our endowment corpus. We aspire to see every BITSian contribute 1% of their annual income as part of this one-time initiative. A cent for BITS is in essence the confluence of a BITSian’s propensity and capacity to contribute towards the success of the ambitious endowment cause. It is sometimes hard to comprehend that a mere 1% of our income can translate into multiple scholarships or research and travel grants, but this is indeed the case. The contribution might appear small to the donor, but in the hands of a student receiving the grant, the amount is priceless. The impact it will have on their academic profile is immeasurable and it would be a contribution that the student will cherish for life. A cent for BITS is undoubtedly the mainstay of the whole campaign effort and hopes are high that more BITSians will sign up for this cause than at any other time in the history of BITSAA. Although, this will require an outreach of colossal proportions, it presents an unequivocal opportunity for every BITSian to be a signatory to the transformational reforms that are envisioned for our alma mater.

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Graduating Class Gift & Alumni Dinner

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GRADUATING CLASS GIFT The graduating class gift is proposed as a new cumulative contribution to BITS by the new grads who would individually contribute a sum of 2500 rupees, of which an amount equal to their year of graduation would go to the endowment fund in the form of the Graduating Class Gift. Here, each student from the 2017 batch of graduands would contribute 2017 rupees to the Graduating Class Gift and the remaining amount would be utilized for the BITSAA welcoming dinner arrangements. The class gift amount corpus would then be channelized to various institution building schemes which would proudly stand to the credit of the graduating class.

ALUMNI DINNER

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The graduating class of each year is perhaps the one with the strongest emotional connect to BITS. This is owing largely to their impending separation with a place that nurtured them and where they had been recipients of the many comforts and assistances handed down to them by the generations of BITSians preceding them. The graduating class dinner welcomes all fresh graduates to the BITSAA fraternity. It will be an instance of bonhomie where distinguished alumni would address and closely interact with the latest batch of BITS grads.


Avenues to Donate (with Naming Opportunities)

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Faculty Enrichment 1. Faculty Excellence Award Faculty Excellence Awards are given by BITSAA to recognize faculty excelling in pedagogy and research. Duration

5 Yrs.

Annual Disbursement

INR 1,00,000

Donation Amount

USD 10,500 / INR 7,25,000

2. Research Fellowship Research Fellowships support doctoral students by providing monthly stipend of Rs. 25,000 per month for 3 years. Duration

3 Yrs.

Annual Disbursement

INR 3,00,000

Donation Amount

USD 15,000 / INR 10,00,000

3. Research Grants Research Grants provide one-time grants of Rs 2,50,000 to help faculty carry out research in various disciplines. Duration

1 Yrs.

Annual Disbursement

INR 2,50,000

Donation Amount

USD 4,500 / INR 3,00,000

*Please refer Appendix for ‘Faculty Excellence Awards’ for duration 7 and 10 yrs.

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Student Enrichment 1. Tuition Scholarship (100%) Tuition Scholarships support merit-cum-need students by providing scholarships worth 25%, 50% or 100% of the semester tuition fee. Duration

10 Yrs.

Annual Disbursement

INR 2,00,000

Donation Amount

USD 50,000 / INR 33,00,000

Duration

7 Yrs.

Annual Disbursement

INR 2,00,000

Donation Amount

USD 32,500 / INR 21,50,000

Duration

5 Yrs.

Annual Disbursement

INR 2,00,000

Donation Amount

USD 22,000 / INR 14,75,000

2. Tuition Scholarship (50%) Duration

10 Yrs.

Annual Disbursement

INR 1,00,000

Donation Amount

USD 25,000 / INR 16,50,000

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Student Enrichment Duration

7 Yrs.

Annual Disbursement

INR 1,00,000

Donation Amount

USD 16,000 / INR 10,75,000

Duration

5 Yrs.

Annual Disbursement

INR 1,00,000

Donation Amount

USD 11,000 / INR 7,50,000

3. Tuition Scholarship (25%) Duration

10 Yrs.

Annual Disbursement

INR 50,000

Donation Amount

USD 12,500 / INR 8,50,000

Duration

7 Yrs.

Annual Disbursement

INR 50,000

Donation Amount

USD 8,000 / INR 5,25,000

Duration

5 Yrs.

Annual Disbursement

INR 50,000

Donation Amount

USD 5,500 / INR 3,50,000

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Student Enrichment 4. Student Travel Grants / Project Fund / Activities Awards Travel Grants support travel expenses of students participating in academic / cultural / literary / sports events of national or international repute. Project Fund partially or completely funds academic projects of students participating in competitions of national or international repute.

Activities Awards recognize individuals or college cultural, literary, sports teams that win competitions of national or international repute. Duration

10 Yrs.

Annual Disbursement

INR 1,00,000

Donation Amount

USD 4,400 / INR 2,70,000

Duration

7 Yrs.

Annual Disbursement

INR 1,00,000

Donation Amount

USD 3,300 / INR 2,00,000

Duration

5 Yrs.

Annual Disbursement

INR 1,00,000

Donation Amount

USD 2,500 / INR 1,50,000

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Deliverables to Donors • Avenue can be named in honor of the donor or an honoree proposed by the donor subject to the approval. • Awardee receives letter in the name of Donor for the specified duration. • Publicity in BITSAA Newsletters, BITSAA Website & BITS Campus Monthlies.

Endowment Clause Approximately 10-25% of all the donations made towards the naming opportunities will go toward the Unrestricted pool of the Endowment Fund to ensure sustainability of fund over the years.

Note : Donors can choose to donate to any of the Naming Opportunities through Recurring Donations as well. For Recurring Donation amounts please refer to Appendix

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Appendix (One-time Donation Amounts) Avenue

Focus Area

Student Travel/Project Student /Activities Enrichment Grants Research Grants

Faculty Enrichment

Tuition Student Scholarships Enrichment (25%) Tuition Student Scholarships Enrichment (50%)

Tuition Student Scholarships Enrichment (100%) Faculty Excellence Awards

Faculty Enrichment

Research Fellowship

Faculty Enrichment

Duration (Yrs)

Donation Amount

5

$2,500 / Rs1,50,000

7

$3,300 / Rs 2,00,000

10

$4,400 / Rs 2,70,000

1

$4,500 / Rs 3,00,000

5

$5,500 / Rs 3,50,000

7

$8,000 / Rs 5,25,000

10

$12,500 / Rs 8,50,000

5

$11,000 / Rs 7,50,000

Annual Disbursement (Rs)

25,000

2,50,000

50,000

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$16,000 / Rs 10,75,000 1,00,000

10

$25,000 / Rs 16,50,000

5

$22,000 / Rs 14,75,000

7

$32,500 / Rs 21,50,000 2,00,000

10

$50,000 / Rs 33,00,000

5

$10,500 / Rs 7,00,000

7

$15,000 / Rs 10,00,000 1,00,000

10

$22,000 / Rs 14,50,000

3

$15,000 / Rs 10,00,000 3,00,000

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Appendix (Recurring Donation Amounts) Avenue

Focus Area

Student Travel/Project Student /Activities Enrichment Grants Tuition Student Scholarships Enrichment (25%) Tuition Student Scholarships Enrichment (50%) Tuition Student Scholarships Enrichment (100%)

Faculty Excellence Awards

Faculty Enrichment

Research Fellowship

Faculty Enrichment

Duration (Yrs)

Recurring Donation Amount (Per annum)

5

$550 / Rs 33,000

7

$545 / Rs 32,750

10

$540 / Rs 32,500

5

$1,200 / Rs 77,500

7

$1,325 / Rs 85,000

10

$1,550 / Rs 1,00,000

5

$2,400 / Rs 1,60,000

7

$2,650 / Rs 1,75,000

10

$3,100 / Rs 2,00,000

5

$4,850 / Rs 3,25,000

7

$5,350 / Rs 3,50,000

10

$6,150 / Rs 4,00,000

5

$2,300 / Rs 1,55,000

7

$2,450 / Rs 1,65,000

10

$2,700 / Rs 1,80,000

3

$5,250 / Rs 3,60,000

Annual Disbursement (Rs)

25,000

50,000

1,00,000

2,00,000

1,00,000

3,00,000

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BITSAccelerate: BITSAA 2020 Campaign  
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