Financial FAQs for Current Licensees
Q. What is MIT's tax id #?
Please contact our office if you would need a copy of our tax payer ID (Form W-9) form our sales tax exempt purchaser certificate (Form ST-5).
Q. Whom do I contact with invoice/billing questions?
A. Zineta Borogovac, Financial Manager. She can be reached via email to firstname.lastname@example.org, via fax at 617-258-6790, via phone at 617-253-6966 or via post to the following address:
Massachusetts Institute of Technology
Technology Licensing Office
Attn: Financial Coordinator
1 Cambridge Center
Cambridge, MA 02142-1493
Q. Do I still need to submit MIT a royalty report even though we have had no commercial sales?
A. Yes. Royalty reports are due regardless of whether or not there have been commercial sales. Zero dollar royalty reports are easiest sent via email to email@example.com or via fax to 617-258-6790.
Q. Do you accept credit card payments?
Q. Do you accept wire transferred payments?
A. Yes. Wires should be sent in US dollars to the following:
Bank of America, NA
100 Federal Street
Boston, MA 02110
ABA # 026 009 593
DDA Account # 004632424694 (MIT Incoming Wire)
SWIFT # BOFAUS3N
Attn: Christine Brouillard 866-222-1948 ext. 2703
Comment: MIT TLO and Agreement #/Reason for payment
Please send confirmation of the sent wire directly to our office as well.
Q. Who should I make my check out to?
A. MIT Technology Licensing Office