Funder DirectoryMassachusetts Institute of Technology
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Grantmaking public charityEIN 042103594

Massachusetts Institute of Technology

Cambridge, MA 021394307

Total Assets

$39.9B

FY 2023

Annual Giving

$12.7M

FY 2023

Grants Made

105

FY 2023

Avg Grant

$121K

FY 2023

Grant Range

Typical

Deadlines

Applications

Programs & Activities

Program 1

$1.7B

Instruction, unsponsored research, and other: mit is committed to providing a world-class education to our approximately 4,600 undergraduates and approximately 7,300 graduate students. An mit education combines analytical rigor with hands-on learning, imagination, and an appetite for solving the hardest problems in service to society. Research flourishes in departments across mit's five schools and one college (science; engineering; humanities, arts & social sciences; architecture & planning; management; and computing), as well as in centers, labs, and programs that convene experts across disciplines. Other expenditures (including grants) incurred, and revenues generated in connection with mit's other program services related to various activities in furtherance of and in support of mit's exempt mission included but were not limited to such things as fees and services (for example, mit health, technology licensing office), auxiliary enterprises (for example, housing, dining), and other miscellaneous program service revenue.

Program 2

$562.4M

Undergraduate scholarships and graduate tuition support: mit's undergraduate financial aid program ensures that an mit education is accessible to all qualified candidates regardless of their financial resources. Mit remains dedicated to providing financial aid to meet the full cost of an mit education, based on the needs of the family. In 2023-2024, approximately 58% of all undergraduates received some type of need-based financial aid from mit. Financial aid for graduate students includes fellowships, traineeships, and teaching and research assistantships. Tuition support also includes external support that flows through mit, in the form of grants.

Focus Areas

Education

Financial Snapshot

2023 filing

Total Revenue

$5.9B

Total Expenses

$5.2B

Giving Over Time

6 years

Giving over time from 2017 to 2023. Peak $12.7M in 2023. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

459 grants

$22.8M
5 grants
Landmark Bio PBLLC
$2.5M
3 grants
$1.7M
4 grants
$850K
3 grants
$789K
1 grant

Grant Size Distribution

459 grants

<$10K
111
grants
$10–50K
228
grants
$50–250K
91
grants
$250K–1M
21
grants
$1–5M
7
grants
$5M+
1
grants

Geographic Focus

35 states

Massachusetts
$43.7M
76% of total
New York
$3.7M
6% of total
Maryland
$2.3M
4% of total
California
$1.9M
3% of total
Washington
$735K
1% of total
Illinois
$675K
1% of total
Georgia
$588K
1% of total
District of Columbia
$528K
1% of total
Pennsylvania
$442K
1% of total
Delaware
$387K
1% of total

+25 more states

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