Building an endowment for the future
The JAANA General Endowment will be built by contributions from all the JAANA members (as individuals, batches, groups or families) as well as additional monetization generated by alumni networking initiatives. The investment returns and a part of the principal as appropriate will be used to pay for OBA and BJES projects over a period of time-based on a vote of the JAANA Board each year. The donations will be recognized through a permanent reference at SJBHS, OBA and JAANA websites, as well as in the Annual Reports. Contributions may be made at any of the selected levels below over a three year period.
JAANA Named Endowment
The JAANA Named Endowments offer alumni to make a unique contribution to educating and mentoring the next generation of Joseph’s innovators and leaders. The investment commitment must be fully funded in three years with a minimum of 4% payout on the whole commitment to be made annually from the commitment start date. Decisions of the allocation of the money will be determined by the sponsor(s) of the Named Endowment. The donations will be recognized through a permanent reference at SJBHS, OBA and JAANA websites, as well as in the Annual Reports. Contributions may be made at any of the selected levels below over the three year period.
JAANA is registered as a non-profit organization and is in the process of registering as a 501(c)(3) organization. If you require a tax deduction, you can donate to JAANA through LFL Foundation (www.learnforlifefoundation.org) until JAANA receives 501(c)(3) status.
All contributions will remain under JAANA at Fidelity, a US financial institution. A third-party fiduciary (CPA), the JAANA finance team and the JAANA board will transparently manage the endowment, revenue and expenses and report to the membership quarterly.
You may be able to double or even triple the impact of your gift simply by applying for a matching gift from your employer. To find out if your employer matches gifts, click here and search for your company.
General Endowment Levels
Donation levels of Rs.7.5-10 lakhs.
Donation levels of Rs. 5-7.5 lakhs.
Donation levels of Rs. 2.5-5 lakhs.
Vice Principal’s Circle
Donation levels of Rs. 1-2.5 lakhs.
Blue & White Circle
Donation levels of Rs.50,000-1 lakh.
Young Alumni (<25 years)
Donation level of Rs. 25,000. (individual donations only)
Named Endowment Levels
Fide et Labore Endowment Circle
Donation levels of Rs.1 crore and above.
St. Joseph Endowment Circle
Donation levels of Rs.50 lakhs and above. Both individual and group donations accepted in this tier.
St. Ignatius of Loyola Endowment Circle
Donation levels of Rs.25 lakhs and above. Both individual and group donations accepted in this tier.
St. Francis Xavier Endowment Circle
Donation levels of Rs.10 lakhs and above. Both individual and group donations accepted in this tier.