Section 31 in The First Statutes of Indian Institute of Technology Goa, 2017
31. Resource Mobilization and Corpus or Endowment Fund.
(1)The Institute may raise its own resources from different sources such as Consultation, Donations, Continuing Education, Distance Education, etc. so that some of its additional needs may be met from such funds.(2)The Institute may create its own Corpus Fund or Endowment to credit donations, wherever necessary to do so, savings from different funds and sources, and manage the funds through a structured system.(3)The Board may create such suitable structures for the aforesaid purpose as it may deem appropriate with due accountability.
