A message from L. Rafael Reif

A Focus on Family

Submitted by robbins@mit.edu on Wed, 09/12/2018 - 13:31

For Bob Johnson, managing partner of Founders Capital Partners, a venture capital angel group concentrating on early-stage technology-based businesses, investing in a charitable remainder unitrust (CRUT) alongside the MIT endowment helped him feel confident in his financial planning as he looked toward his family’s future. Not only will the trust provide income for the Johnson family, it will further MIT’s mission of building a better world.

Lifelong Friendships Honored

Submitted by robbins@mit.edu on Wed, 09/12/2018 - 13:29

When Sharon and Doug talk about MIT, they recall the lifelong friendships they made and how they found each other through the MIT Ballroom Dance Club. Married for 39 years, they decided to retire early so they could spend more time with friends and family, and wondered how they might meet their financial needs. Doug was hoping to generate income for their future. Meanwhile, Sharon wanted to honor her MIT friend, Beryl Nelson ’78. An MIT Charitable Remainder Unitrust (CRUT) fulfilled both goals.

A World of Difference: Jerry L. Adams ’62 Memorial Scholarship

Submitted by robbins@mit.edu on Wed, 09/12/2018 - 13:28

Karen Adams, who recently retired from her role as fellowships coordinator for graduate studies at Georgia Institute of Technology, understands the difference that financial support can make in a scholar’s life. It was her life’s work and her desire to commemorate her spouse that inspired her to establish the Jerry L. Adams ’62 Memorial Scholarship.

Q&A: New Tax Laws and You

Submitted by robbins@mit.edu on Wed, 09/12/2018 - 13:24

A. L. “Lorry” Spitzer, counsel in the MIT Office of the General Counsel, spends much of his time reviewing prospective gifts to MIT and providing support to donors. Spitzer talked with the MIT Office of Gift Planning about how the new federal tax laws might affect donors and their future planned gifts to MIT.

With the new tax law changes, what high-level considerations should be made for philanthropic gifts to the Institute? 

The 2018 MIT 24-Hour Challenge

A Passion for Connecting

Submitted by robbins@mit.edu on Thu, 03/22/2018 - 14:53

A conversation with Ani Chitaley about his involvement with MIT quickly reveals his deep fondness for the Institute. Five decades after completing his doctorate in mechanical engineering, he remains closely connected to MIT and its wider community of faculty, students, and alumni. 

Chitaley, who currently runs an investment management consultancy, has had a varied and successful career in engineering, investment management, and entrepreneurship that he says was only made possible by his MIT education. 

Coming Full Circle

Submitted by robbins@mit.edu on Thu, 03/22/2018 - 14:52

Bonny Kellermann changed her major eight times as an undergraduate at MIT—ultimately graduating with an SB in political science—but her commitment to giving back to MIT and its students has never wavered. As an alumna, involved community member, donor, and employee (40-plus years in a number of administrative and leadership roles), Kellermann holds a unique position in the MIT community. This perspective allows her to see a broad spectrum of institutional needs along with the impact and benefits of the different ways of giving.

Q&A: Gift Planning to Help the MIT Mission

Submitted by robbins@mit.edu on Thu, 03/22/2018 - 14:45

Israel Ruiz, executive vice president and treasurer, is MIT’s chief financial officer, and he is responsible for leading all of the administrative and financial functions at the Institute. Ruiz talked with the MIT Office of Gift Planning to answer a few questions about how a planned gift helps support MIT’s education and research mission. 


How does planned giving help support MIT’s mission to advance knowledge and educate students?