The Goals Committee has set a challenging participation goal for this Fund year. Building a strong base of support is critical for the future of MIT.

Annalisa L. Weigel ’94, Chair, Alumni Fund Board

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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