Massachusetts Institute of Technology (MIT) is a public charity based in Cambridge, Massachusetts. It supports education, research, and public service, and its reported grantmaking includes contributions, Solve grants, prizes, and distributions from a donor-advised fund.
Key facts about Massachusetts Institute of Technology
In short: Massachusetts Institute of Technology gave $9.9M across 106 grants in 2025 (avg $93K), mostly in Massachusetts. 47% of 2025 grantees were new. Source: 2025 IRS Form 990.
- EIN
- 04-2103594
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $9,887,078
- Grants made (2025)
- 106
- Average grant
- $93,274
- Median grant
- $37,700
- New grantees (estimate)
- 47% first-time grantees (49 of 105, 2025)
- Total assets
- $45,313,517,000
- Primary geography
- Massachusetts (73% of itemized 2025 grant dollars)
- Deadline
- The Bose RFP deadline was December 13, 2024, at 5:00 p.m.
Data from IRS Form 990, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$45.3B
+13.5% YoY
Annual Giving
$9.9M
-22.1% YoY
Grant Count
106
+1.0% YoY
Avg Grant Size
$93K
-22.8% YoY
Is Massachusetts Institute of Technology open to new grantees?
47%
first-time grantees, 2025
In 2025, 49 of 105 grantees (47%) were first-time recipients. First grants averaged $55K; repeat grants $129K. How we count
Medians: $50K first-time, $25K repeat.
- 44% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+3%). Method
Estimate from itemized grant lists in IRS Form 990 filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
MIT states that its mission 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. Its endowment supports education and research, including undergraduate scholarships, graduate fellowships, professorships, research, facilities, and academic departments.
The 2025 grants show support for a range of organizations and purposes. For example, Technology Review Inc. says its mission is to promote informed decisions about technology through journalism; Empirical Resolution Inc. says it provides free online literacy tools for low-income K–12 students; and Whitehead Institute for Biomedical Research says it advances science, including genetics and genomics. These are the recipient organizations’ stated missions, not MIT’s.
Grantmaking
In filing year 2025, MIT reported 106 grants totaling $9,887,078. Grant amounts ranged from $7,000 to $4,204,206, with a median of $37,700. The largest grant was $4,204,206 to Technology Review Inc., listed as a contribution. Other notable grants included $843,639 to MIT International Inc. (contribution), $200,000 to Médecins Sans Frontières USA Inc. (distribution from a donor-advised fund/charitable contribution), and $150,000 each to ImpactAssetsInc (contribution) and Empirical Resolution Inc. (Solve Grant).
Review Cycle
The Bose RFP deadline was December 13, 2024, at 5:00 p.m. EST.
How to Apply
es or eligibility details.
Open Grants
3 open opportunities from Massachusetts Institute of Technology
MIT Solve: 10th Anniversary Global Challenge Grant
Massachusetts Institute of Technology
Amount
Approximately US $100,000
Deadline
Rolling / Open
MIT Solve: Amazon Sustainability Pilot Program Grant
Massachusetts Institute of Technology
Amount
Varies
Deadline
Rolling / Open
MIT Solve: FII Innovators Pitch Grant
Massachusetts Institute of Technology
Amount
Varies
Deadline
Rolling / Open
Ready to take the next step with Massachusetts Institute of Technology?
Geographic Focus
Where this funder awards grants
In 2025, 73% of grant dollars went to recipients in Massachusetts, 9% to New York, 4% to California, and 2% each to Illinois and Maryland. The listed grants also included recipients in Nevada.
Grant Distribution by State
Share of 2025 grant dollars across all 106 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $9.6M (2020) to $12.7M (2024). In 2025 it made 106 grants totaling $9.9M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Technology Review Inc ($4.2M). Together the top 10 received $6.1M.
Organizations only. It also paid 1 grant to individuals ($15,000), which are not listed by name.
Grant Size Distribution
459 grants across all recorded years
The most common grant size was under $50K: 295 grants of 459 (64%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Technology Review Inc Cambridge, MA | Contribution | $4,204,206 |
| MIT International Inc Cambridge, MA | Contribution | $843,639 |
| Medecins Sans Frontieres USA Inc New York, NY | Distribution from Donor-Advised Fund/Charitable Contribution | $200,000 |
| ImpactAssetsInc Bethesda, MD | Contribution | $150,000 |
| Empirical Resolution Inc New York, NY | Solve Grant | $150,000 |
| SXD Inc New York, NY | Solve Grant | $130,400 |
| Alumni Assoc of Alpha Mu Chapter of Phi Kappa Sigma Fraternity Inc Wellesley, MA | IRDF Grant | $125,793 |
| My Brother's Keeper Task Force Inc Newton, MA | Contribution | $125,000 |
| Whitehead Institute for Biomedical Research Cambridge, MA | Distribution from Donor-Advised Fund/Charitable Contribution | $111,150 |
| Zeta Phi Chapter House Corporation of Alpha Phi International Fraternity In c Boston, MA | IRDF Grant | $106,202 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grant sum | Grant count |
|---|---|---|---|---|---|
| 2025 | $45,313,517,000 | $6,737,799,000 | $5,505,788,000 | $9,887,078 | 106 |
| 2024 | $39,938,014,000 | $5,855,286,000 | $5,194,162,000 | $12,688,249 | 105 |
| 2023 | $38,587,698,000 | $4,954,533,000 | $4,901,572,000 | $12,278,707 | 97 |
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $45,313,517,000 | $39,938,014,000 | $38,587,698,000 |
| Revenue | $6,737,799,000 | $5,855,286,000 | $4,954,533,000 |
| Expenses | $5,505,788,000 | $5,194,162,000 | $4,901,572,000 |
| Net Investment Income | $1,705,154,000 | $1,477,378,000 | $1,011,206,000 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 17, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2025 filing include Sally Kornbluth, President; Glen Shor, Executive VP and Treasurer; and Mark P. Gorenberg, Chair of the Corporation. Other listed Executive Committee Members are David M. Siegel, Fariborz Maseeh, Janet C. Wolfenbarger, Leslye Miller Fraser, Noubar B. Afeyan, Orit Gadiesh, and Patricia R. Callahan.
Massachusetts Institute of Technology is led by Whitney Espich, CEO & Mit Alumni Association on every filing since 2024; 22 of 34 officers listed in 2025 are compensated.
Officers on the 2025 filing
Whitney Espich
CEO & Mit Alumni Association
On filings since 2024
60 hrs/week
$333K (2024) → $351K (2025)
Seth Alexander
President of Mitimco
On filings since 2020
60 hrs/week
$2.2M (2020) → $3.8M (2025)
Sally Kornbluth
President
On filings since 2023
60 hrs/week
$1.5M (2024) → $1.7M (2025)
Mark P Gorenberg
Chair of the Corporation
Executive Committee Member → Chair of the Corporation, 2024
On filings since 2020
40 hrs/week
$8K (2024) → $56K (2025)
Melissa Choi
Director of Lincoln Laboratory
New on the 2025 filing
60 hrs/week
$534K (2025)
Cynthia Barnhart
Provost
Chancellor → Provost, 2022
On filings since 2020
60 hrs/week
$507K (2020) → $1.1M (2025)
Eric Evans
Professor
Director of Lincoln Laboratory → Professor, 2025
On filings since 2020
40 hrs/week
$580K (2020) → $833K (2025)
Joel Cohen
Global Investment Professional & Mitimco
Global Investment Professional - Mitimco → Global Investment Professional & Mitimco, 2023
On filings since 2020
60 hrs/week
$1.3M (2020) → $2.1M (2025)
Julie Lucas
Vice President for Resource Development
On filings since 2020
60 hrs/week
$578K (2020) → $702K (2025)
L Rafael Reif
Professor
President → Professor, 2024
On filings since 2020
60 hrs/week
$1.2M (2020) → $1.8M (2025)
Maria Zuber
Presidential Advisor for Science & Technology Policy
Vice President for Research → Presidential Advisor for Science & Technology Policy, 2025
On filings since 2020
40 hrs/week
$491K (2020) → $610K (2025)
Mark DiVincenzo
Vice President & General Counsel
On filings since 2020
60 hrs/week
$518K (2020) → $879K (2025)
Ryan Akkina
Global Investment Professional & Mitimco
Global Investment Professional - Mitimco → Global Investment Professional & Mitimco, 2024
On filings since 2020
60 hrs/week
$1.4M (2020) → $2.4M (2025)
Sanjay Sarma
Professor
Vice President for Open Learning → Professor, 2023
On filings since 2020
40 hrs/week
$511K (2020) → $117K (2025)
Thomas Wieand
Global Investment Professional & Mitimco
Global Investment Professional - Mitimco → Global Investment Professional & Mitimco, 2024
On filings since 2020
60 hrs/week
$1.5M (2020) → $2.4M (2025)
Alfred Ironside
Vice President for Communications
On filings since 2021
60 hrs/week
$431K (2021) → $504K (2025)
Glen Shor
Executive Vice President & Treasurer
On filings since 2021
60 hrs/week
$503K (2021) → $951K (2025)
Melissa Nobles
Chancellor
On filings since 2022
60 hrs/week
$478K (2022) → $685K (2025)
W Eric Grimson
Chancellor for Academic Advancement
Interim Vice President for Open Learning → Chancellor for Academic Advancement, 2024
On filings since 2023
40 hrs/week
$509K (2023) → $607K (2025)
Ian Waitz
Vice President for Research
On filings since 2024
60 hrs/week
$568K (2024) → $636K (2025)
Navneeth Harikumar
Global Investment Professional & Mitimco
On filings since 2024
60 hrs/week
$1.8M (2024) → $2.4M (2025)
Rachel J Donahue
Secretary
On filings since 2024
60 hrs/week
$202K (2024) → $274K (2025)
David M Siegel
Executive Committee Member
On filings since 2020
5 hrs/week
No compensation reported
Noubar B Afeyan
Executive Committee Member
On filings since 2021
5 hrs/week
No compensation reported
Orit Gadiesh
Executive Committee Member
On filings since 2021
5 hrs/week
No compensation reported
Russell Erich Caulfield
Executive Committee Member
On filings since 2021
5 hrs/week
No compensation reported
Wesley G Bush
Executive Committee Member
On filings since 2021
5 hrs/week
No compensation reported
Fariborz Maseeh
Executive Committee Member
On filings since 2023
5 hrs/week
No compensation reported
Leslye Miller Fraser
Executive Committee Member
On filings since 2023
5 hrs/week
No compensation reported
Paul R Marcus
Executive Committee Member
On filings since 2024
5 hrs/week
No compensation reported
Janet C Wolfenbarger
Executive Committee Member
New on the 2025 filing
5 hrs/week
No compensation reported
Patricia R Callahan
Executive Committee Member
New on the 2025 filing
5 hrs/week
No compensation reported
Ray A Rothrock
Executive Committee Member
New on the 2025 filing
5 hrs/week
No compensation reported
Richard M Locke
Executive Committee Member
New on the 2025 filing
5 hrs/week
No compensation reported
Former officers (20)
- Former: Alan G Spoon (2020–2024) — Executive Committee Member
- Former: Steven Marsh (2020–2024) — Senior Vice President & Mitimco
- Former: Suzanne L Glassburn (2020–2024) — Vice President & Secretary
- Former: Diane B Greene (2021–2024) — Former Chair of the Corporation
- Former: Denis A Bovin (2020–2023) — Executive Committee Member
- Former: Martin Schmidt (2020–2023) — Former Provost
- Former: Ashton B Carter (2021–2023) — Executive Committee Member
- Former: Indra Nooyi (2021–2023) — Executive Committee Member
- Former: Emma Somers-Roy (2022–2023) — Global Investment Professional - Mitimco
- Former: Israel Ruiz (2020–2022) — Former Executive Committee Member
- Former: Nancy C Andrews (2020–2022) — Executive Committee Member
- Former: Alan M Leventhal (2021–2022) — Executive Committee Member
- Former: Vincent Tuohey (2022) — Global Investment Professional - Mitimco
- Former: John A Thain (2020–2021) — Executive Committee Member
- Former: Matthew Fisher (2020–2021) — Global Investment Professional - Mitimco
- Former: Robert B Millard (2020–2021) — Chair of the Corporation
- Former: Susan E Whitehead (2020–2021) — Executive Committee Member
- Former: Claude Canizares (2020) — Professor
- Former: Kirk Kolenbrander (2020) — Former Vice President
- Former: Ursula M Burns (2020) — Executive Committee Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $3.8M, to Seth Alexander (President of MITIMCo). 22 officers or directors reported compensation on that filing.
Contact
Mailing address: 77 Massachusetts Avenue Ne49-4000, Cambridge, MA 02139-4307
Phone: (617) 324-8969
Website: https://web.mit.edu
Frequently asked questions about Massachusetts Institute of Technology
How much does Massachusetts Institute of Technology give each year?
Massachusetts Institute of Technology gave $9.9M across 106 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $12.7M across 105 grants.
What is Massachusetts Institute of Technology's typical grant size?
Massachusetts Institute of Technology's median grant in 2025 was $37,700, and its average grant was $93,274, across 106 grants on its 2025 IRS Form 990. Organizations receiving their first grant from Massachusetts Institute of Technology that year got $55K on average.
Where does Massachusetts Institute of Technology give grants?
Massachusetts Institute of Technology gives mostly in Massachusetts: 73% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was New York (9%). The most frequent recipient cities were Cambridge, MA (20 grants), Boston, MA (13 grants), New York, NY (9 grants) and Chicago, IL (5 grants).
Does Massachusetts Institute of Technology give general operating support?
Not in 2025: none of the 106 grants with a stated purpose on Massachusetts Institute of Technology's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "IRDF Grant" (33 grants), "Solve Grant" (30 grants) and "Contribution" (19 grants).
Who are Massachusetts Institute of Technology's largest grantees?
Massachusetts Institute of Technology's largest 2025 grantees include Technology Review Inc ($4,204,206), MIT International Inc ($843,639) and Medecins Sans Frontieres USA Inc ($200,000), according to its 2025 IRS Form 990. It also paid 1 grant to individuals ($15,000), which are not listed by name. Together they received 53% of its itemized 2025 grant dollars.
How large is Massachusetts Institute of Technology?
Massachusetts Institute of Technology reported $45.3B in total assets on its 2025 IRS Form 990. Its revenue that year was $6.7B.
What does Massachusetts Institute of Technology fund?
MIT states that its mission 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. See mission & focus areas ↑
How do I apply for a grant from Massachusetts Institute of Technology?
Massachusetts Institute of Technology has no public application process in the sources Grantable reviewed. Check web.mit.edu for current guidelines, or contact the foundation directly before submitting a request.
What is Massachusetts Institute of Technology's EIN?
Massachusetts Institute of Technology's EIN (Employer Identification Number) is 04-2103594. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Here's the math on researching Massachusetts Institute of Technology by hand.
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Massachusetts Institute of Technology down — hundreds of funders to go?