Building MIT's Resources
During the 2014–2015 fiscal year, organizations and individuals gave or pledged a total of $575 million to support the community and the work of MIT. These contributions provide critically needed unrestricted funds and vital resources designated to a range of priorities. Unrestricted gifts, which give the Institute the ultimate flexibility to seize opportunities and address unforeseen challenges as they arise, serve to strengthen existing programs and supply seed funding for new projects. MIT is also working to develop new resources for areas such as undergraduate scholarships, professorships, research, building construction and renovation, athletics, and the arts. At the center of these efforts is an energetic group of MIT volunteers who give their time, talent, and energy to the Institute.