IIM Bangalore Educational Foundation (IIMBEF)

The Indian Institute of Management, Bangalore ("IIMB"), India is a premier business school in India. Established in 1973, IIMB offers several business and management courses, and is today widely regarded as one of the top business schools in India, as well as one of the top ten business schools in Asia. The IIM Bangalore Educational Foundation, Inc. (the "Foundation") was incorporated in 2008 by alumni members of IIMB in the United States with the objective of furthering the academic and professional development and success of the students, faculty members and alumni of IIMB. Primarily, the Foundation will raise funds to provide scholarships, subsidized loans, fellowships and other financial assistance to students of Indian Institute of Management, Bangalore. The Foundation will provide funding to further entrepreneurial ideas and concepts and to support deserving students. The Foundation will liaise with the Indian Institute of Management, Bangalore to disburse these funds. All funds for this endeavor will be contributed by the alumni members of IIMB in the United States. The Foundation will conduct fundraising through its informal network including word-of-mouth publicity. The Foundation proposes to conduct fundraising meetings and events in the United States from time to time. Apart from this, in future, the Foundation would also encourage and facilitate student exchange programs between IIMB and universities and colleges in the United States. It proposes to encourage, promote and facilitate India- US collaboration and initiate partnerships in the areas of trade, business and finance. The financial assistance provided by the Foundation is in furtherance of its objective of encouraging and supporting the academic and professional development and success of the students of IIMB.