The endowment
Endowments stand at the very heart of an educational enterprise. They are its past, present, and future—all at once.
Income from the MIT endowment plays a vital role in supporting the Institute’s work, which means gifts to the endowment help maintain our core strengths. Without a continual infusion of endowment resources over time, we simply can’t sustain the excellence and ambitions of the Institute.
Today, MIT’s endowment stands at about $10 billion. This success has been accomplished with a combination of gifts and investment performance, and is cause for celebration.
But at least four other institutions have endowments greater than ours—some substantially greater. For example, Harvard’s endowment at the end of FY2007 was $34.9 billion. And excellent schools like Harvard (and Stanford, and Princeton, and Yale, and others) are rarely content to stand in place. As our friendly competitors have expanded their own capital resources over the past decade, the Institute’s level of endowment has proven increasingly inadequate. MIT must therefore continue to grow its endowment, through both investment returns and new gifts, to meet the needs of today and tomorrow.
We welcome all gifts to MIT’s endowment, and suggest you consider directing your contribution to the fund listed below:
Unrestricted Endowment Fund
Supports MIT's endowment for unrestricted purposes. Income generated by the Unrestricted Endowment Fund addresses critical needs, essential services, and new programs.
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And if you have any questions, please don’t hesitate to contact us.
The endowment is managed by staff in the MIT Investment Management Company, in accordance with policies and procedures established by the board of the MIT Investment Management Company and the MIT Corporation. Wellington Management Company serves as one of the Institute's investment managers and advisors for publicly traded securities, both domestic and international.
The Institute has a significant investment program in non-marketable and marketable alternative investments, in both the domestic and international markets. Non-marketable alternatives include areas such as venture capital. Marketable alternatives include areas such as event arbitrage and hedge funds. The alternative investments are typically managed by several independent organizations through pooled investment funds. The investment objective is to maximize total return, consistent with prudent levels of risk in the portfolio.
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