Building MIT's Resources
During the 2013–2014 fiscal year, organizations and individuals gave or pledged a total of $458 million. Such contributions are vital to MIT, providing critically needed undesignated funds along with resources designated to a range of key priorities. MIT continues efforts to develop new resources for faculty, focused educational needs, new and renovated facilities, and other priorities. Playing a central role in these efforts is an energetic group of MIT volunteers. Priorities include support for faculty and students, research and educational programs, and buildings. Unrestricted giving, which can be designated by MIT to especially critical areas, strengthening existing programs and providing seed funding for new initiatives, is also a high priority.