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For DonorsJust as every independent living group depends on the participation and
goodwill of its members, the IRDF depends on the generosity of alumni
... graduates who believe that sustaining the FSILG experience is essential
to the future of MIT. Today, as MIT and the FSILG community work together
to build a flourishing future for independent living at MIT, this alumni
support has never been more vital. As a donor, you can be confident that your gift is critically important to the continued vitality of one or more FSILGs. What’s more – unlike direct gifts to individual houses – IRDF gifts are tax-deductible, and are far more likely to qualify for corporate matching gift programs. Each IRDF application is reviewed by a group whose members are personally acquainted with the challenges of managing an FSILG. Every loan application is considered by a Board of Allocation, who members consist of three long time Alumni House Corporation presidents. Every grant application is likewise reviewed by a Grants Advisory Committee. Grant awards will be based on several factors, including the level of IRDF donations from each chapter’s alums. To make sure gift sources are accurately tracked, donors are asked to ensure that their living group is properly coded in the Alumni Database. To verify this coding, please contact Alumni Relations or simply check your profile on the Infinite Connection data at http://alum.mit.edu/index.html. While the Grant Advisory Committee will seek to honor donor preferences and will consider Alumni/ae donations as one of several factors in awarding grants, it is important to note that – to maintain the tax-deductibility of IRDF gifts – MIT must retain the sole right to disburse these funds as it sees fit.
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