In the long history of giving to MIT, planned gifts and bequests have been the largest source of income for MIT’s endowment. In 1994, MIT established the Katharine Dexter McCormick (1904) Society (KDMS), to honor those donors who continue this practice.
The society is named for Katharine Dexter McCormick, who was one of the most generous individual benefactors in MIT’s history, and her largest gift came as a bequest.
“Since my graduation in 1904,” she wrote in her will, “I have wished to express my gratitude to the Institute for its advanced policy of scientific education for women. This policy gave me the opportunity to obtain the scientific training which has been of inestimable value to me through my life.”
MIT invites alumni and friends who share Katharine Dexter McCormick’s commitment to the Institute to consider joining KDMS by creating a planned gift.