Message from the CEO

The Endowment Fund works towards formalising and deepening efforts in fundraising, exploring possibilities of engagement with alumni and the corporate world, optimally utilising the funds for the betterment of the Institute as well as enhancing its visibility in the global management community.

Chhavi Moodgal
CEO, IIMA Endowment Fund

About IIMA Endowment Fund

In 2020, with the intent of giving back to their Alma Mater, ten like-minded alumni of IIMA came together to set up the IIMA Endowment Fund. In a first-of-its-kind initiative for an Indian management institute, the fund was launched with an initial commitment of INR 100 crore, and an aim to provide long-term financial autonomy and support the Institute’s strategic endeavours.

Structure and Governance

Under the guidance of the IIMA Board of Governors, the IIMA Endowment Fund is managed by an independent Advisory Board consisting of initial alumni contributors and the Director and Dean (Alumni and External Relations) of IIMA. The Endowment Advisory Board oversees the key activities of the Fund through the “IIMA Ahmedabad Endowment Management Foundation”, a Section 8 (non-profit) company. 

The Endowment Fund is now the Institute’s unified fundraising and philanthropic arm for all donations given to IIMA - individual, batch, corporate (including CSR), etc. The Fund is also responsible for donation documentation, donor relations, and reporting.