ITA Endowment Fund of BrazilFoundation
The ITA Endowment Fund’s mission is to make ITA a global reference in Engineering
Objective
The ITA Endowment Fund, in partnership with AEITA and ITAEX, seeks to strengthen the ITA community and support ITA in developing transformational leaders, promoting impact-driven entrepreneurship, and fostering cutting-edge technological innovation to achieve excellence and global recognition.
The resources will be allocated to funding retention scholarships, technical initiatives, and recognition programs for students and teachers.
Support ITA Endowment Fund
Why support?
Transformational Leadership Development
Promotion of Impact Entrepreneurship
Production of Cutting-Edge Technological Innovation
The ITA Endowment Fund was inspired by global models to ensure financial sustainability, attractiveness, and an excellent education at the Instituto Tecnológico de Aeronáutica (ITA). Founded by alumni in 2023, the fund now has a robust governance structure, with a General Assembly, Administrative and Fiscal Boards, and a Board of Directors comprised of ITA graduates. It was established in accordance with Law 13.800, which governs endowment funds in Brazil.
Be a part of it
The mission of ITA is to become a global reference in Engineering, generating significant economic and social impact through transformational leaders and technological innovation.
SRecently, the ITA Endowment launched its First Founding Campaign with a goal of raising R$25 million. Those who donate over R$250,000 within five years will be recognized as Founding Donors, with their names permanently honored at ITA. They will also be featured in all Fund communications and granted voting rights at Endowment Assemblies. Donors contributing more than R$1.3 million will have the opportunity to name spaces at ITA in their honor, leaving a highly visible legacy.
- Website: itaendowment.org
- Linkedin: www.linkedin.com/company/ita-endowment
Tax Benefits
USA: Contributions to BrazilFoundation – EIN 13 4131482, a non-profit under Section 501(c)(3) of the US Internal Revenue Tax Code – are deductible to the full extent permitted by law. Individuals can deduct up to 50% of their adjusted gross income; companies may deduct up to 10% of taxable income, prior to discounting the philanthropic investment. BrazilFoundation provides a tax-receipt acknowledgement of the contribution it receives.
Brazil: BrazilFoundation is a non-profit organization, designated as a Public Interest Civil Society Organization (OSCIP, as per its initials in Portuguese) under Law 9.790/99, Ministry of Justice file no. 08071.000389/2004/01, Corporate Taxpayer Registration No. 04.839.572/0001-10. A donation receipt can be issued for donations made in reals. The donor must request their receipt directly from BrazilFoundation. Since we are an OSCIP, tax incentives are only awarded to businesses taxed on their profits. These businesses can deduct the cost of donations up to 2% of their operating profit. An individual donor may report the amount donated when filing income tax, but will not receive a tax incentive.