GrantAuthority

Massachusetts Institute of Technology

Grantmaking foundation in Cambridge, Massachusetts · EIN 04-2103594

Total giving
$710MTax year 2025
Total assets
$45BLatest reported
Latest IRS filing
2025Form 990 / 990-PF

Mission

THE MISSION OF MIT IS TO ADVANCE KNOWLEDGE AND EDUCATE STUDENTS IN SCIENCE, TECHNOLOGY, AND OTHER AREAS OF SCHOLARSHIP THAT WILL BEST SERVE THE NATION AND THE WORLD IN THE 21ST CENTURY.

Quoted from the foundation's IRS filing.

Giving by year

$680M2019
$710M2020
$750M2021
$750M2022
$640M2023
$680M2024
$710M2025

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Technology Review Inc$3.7M2021
Landmark Bio PBLLC$1M2021
Parity Inc$790K2021
MIT International Inc$750K2021
Impact Assets Inc$390K2021

Amounts are rounded. The full grantee list is available with a free account.

Website: web.mit.edu

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Similar foundations in Massachusetts

Source: IRS Form 990 and 990-PF filings, tax year 2025. Also see this organization on ProPublica Nonprofit Explorer.