HomeNewsBusinessIIT Kanpur alumnus donates $250,000 to establish endowed programs

IIT Kanpur alumnus donates $250,000 to establish endowed programs

The sum would be utilised towards the institution of an Endowed Faculty Chair, a Faculty Fellowship and a Travel Grant program for students, the institute said in a statement.

February 29, 2024 / 13:00 IST
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Graduating in Chemical Engineering from IIT Kanpur in 1974, Dr Gautam’s career includes a four-decade-long stint with Honeywell.
Graduating in Chemical Engineering from IIT Kanpur in 1974, Dr Gautam’s career includes a four-decade-long stint with Honeywell.

The Indian Institute of Technology (IIT) Kanpur alumnus Dr Rajeev Gautam has contributed $250,000 to establish three endowed programs in the Department of Chemical Engineering of IIT Kanpur.

The development comes as part of a tripartite Memorandum of Understanding (MoU) signed between IIT Kanpur, IIT Kanpur Foundation, and Dr Gautam. The sum would be utilised towards the institution of an Endowed Faculty Chair, a Faculty Fellowship and a Travel Grant program for students, the institute said in a statement.

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“The endowed programs supported under the donation, namely Om Prakash Gautam Endowed Faculty Chair, the Rajeev and Joyce Gautam Faculty Fellowship, and the Rajeev and Joyce Gautam Travel Grant for students, reflect Dr Gautam’s commitment to nurturing future leaders in the field of Chemical Engineering,” the statement added.

Graduating in Chemical Engineering from IIT Kanpur in 1974, Dr Gautam’s career includes a four-decade-long stint with Honeywell. He retired as President Emeritus of Honeywell Performance Materials and Technologies.