Innovation & Entrepreneurship
Supporting students innovation and entrepreneurship is one of the most powerful and meaningful ways that benefactors can help JI to foster the students interest in pursuing innovative challenge and entrepreneurship to lead the future.
Ways of Support：
1. Named Innovation or Entrepreneurship Fund
Donors can choose to name an expendable Innovation or Entrepreneurship Fund and make a gift at the appropriate level:
- Expendable Innovation or Entrepreneurship Fund requires a minimum gift of 50K RMB per year with three consecutive years of agreement.
- Expendable Innovation or Entrepreneurship Fund requires a minimum gift of 100K RMB. To keep the endowment existing in perpetuity, a portion of the income will be utilized annually to provide support for professorship.
The Innovation or Entrepreneurship Fund are managed and implemented by JI Scholarship Committee to ensure the reasonable usage. The endowments are invested and supervised by Shanghai Jiao Tong University Education Development Foundation to reserve the value and keep the stability of support.
2. Innovation and Entrepreneurship Fund
Innovation and Entrepreneurship Fund is created with the intent that all of the funds donated to the JI Development Fund (JIDF) will be distributed over the course of time to support the students innovative challenge and entrepreneurship. Innovation and Entrepreneurship Fund is a good option for donors to start with very smaller initial gifts (200RMB and above) and make additional gifts at any time.
UM-SJTU Joint Institute Development Fund (JIDF) is a college-level development fund affiliated with Shanghai Jiao Tong University Education Development Foundation. JIDF consists of special funds and annual funds. Special funds are restricted funds designated for specific purposes, while annual funds are unrestricted funds, including Student Development Scholarship Fund, Sam & Daisy Wu Scholarship Fund, Faculty Excellence Fund, Alumni Fund, Parents Fund, Innovation and Entrepreneurship Fund, etc. JIDF is in the process of accepting gifts from friends, alumni, parents, corporates and non-profit organizations.
According to the official Law of Income Tax, with respect to the charitable donations to SJTUEDF incurred by enterprises, the portion within 12% of the total annual profit may be deducted from the taxable income.
Shanghai Jiao Tong University Foundation of America (SJTUFA)
Room 445, Institutional Advancement Office,
Shanghai Jiao Tong University, 800 Dongchuan Road, Shanghai