Alumni Fund goals and progress
The Alumni Fund Board has established new goals for fiscal year 2008. We hope to gain the support of 34,500 alumni donors to raise $46 million.
Martin Tang SM '72 has offered another $100,000 challenge to the undergraduate MIT10 population, but only if a collective 3,500 donors participate in the Alumni Fund this year. This time around, donors will get to vote on where Martin's challenge funds will be designated. Learn more.
Fiscal Year 2008 Monthly Progress:
| FY 2008 |
Goal |
as of May 27: |
| Donors |
34,500 |
30,900 |
| Dollars |
$46 million |
$44,552,431 |
Check
here for Parents Fund progress
The Alumni Fund is an ongoing resource for MIT, providing support for
the Institute's core priorities—which include undergraduate scholarships,
graduate fellowships, and student life and learning initiatives. Gifts
to the unrestricted funds of the Institute allow MIT to direct those resources
to where they are most needed.
Fiscal Year 2008 Designation of Alumni Gifts as of June 20:
| Area of Designation |
Gifts |
Dollars |
| Faculty chairs |
450 |
$1,753,906 |
| Scholarships and other undergraduate aid |
5,707 |
$7,625,500 |
Undergraduate education
and student life |
6,750 |
$3,766,426 |
| Graduate fellowships |
2,251 |
$6,480,753 |
| Research and education programs |
13,704 |
$13,367,249 |
| Construction and renovation |
308 |
$3,345,720 |
| Unrestricted |
13,074 |
$6,022,967 |
| Pending designation |
87 |
$883,693 |
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