Corridor, a newsletter from MIT’s Office of Gift Planning, provides insights into planned giving strategies that can help you meet your financial goals while supporting the mission of MIT.
Featured Articles Fall 2021
From the MIT Office of Gift Planning
Leading the Way for the Long Term
Art ’73 and Sandra Reidel, MD
The Reidels’ charitable remainder trust (CRUT) supports MIT student leadership programs. “Our expectations were certainly positive in 2008 when we established the CRUT,” Art says, “but in the years since, the experience has exceeded our expectations.”
Supporting Student Visions and Voices through a Donor-Advised Fund
Raj Tahil ’81 and Mary Jo Wrenn
When making a planned gift, Raj Tahil chose a donor-advised fund (DAF), an increasingly popular way to simplify charitable giving. In establishing an MIT DAF, he benefits from MITIMCo management strategies that enable him to keep supporting MIT students.
Q&A: What Sets the MIT Endowment Apart?
Marianthe Mewkill, Chief Financial Officer, MIT Investment Management Company (MITIMCo)
MITIMCo’s chief financial officer, Marianthe Mewkill, talks with Corridor about their investment approach, the endowment’s performance throughout the coronavirus pandemic, and how planned giving makes an impact on MIT’s long-term success.
Featured Articles Spring 2021
Fellowships, Innovation, and Volunteering for an Exponential Impact
Kimberly Ritrievi ScD ’85, SM ’85
Chemical engineer Kimberly Ritrievi has given back to MIT in many ways, including as a member of the MIT Corporation Development Committee and a graduate fellowship donor. In 2020, she created a charitable remainder trust that will ultimately fund fellows through the Adel F. Sarofim (1962) Fund. “To support higher education is to attack problems at their root,” she says.
Planned Giving as a Vehicle for Change
Emerson Yearwood ’80
“I think it’s important that, as MIT stares down the problems that affect the entire world, communities of color share in that gift,” says Emerson Yearwood, who in 2020 created a charitable gift annuity funded with stock. His gift will bolster the Black Alumni of MIT Community Advancement Program and Fund.
Q&A: How Planned Giving Supports MIT’s Talent Community
Martin A. Schmidt SM ’83, PhD ’88, MIT Provost, Ray and Maria Stata Professor of Electrical Engineering and Computer Science
Martin Schmidt speaks with the MIT Office of Gift Planning about MIT’s defining traits and how philanthropy helps the Institute fulfill its mission and rise to current challenges.
Virtual Events Connect People from Across the Globe
The MIT Office of Gift Planning hosted two virtual events in 2020—the Katharine Dexter McCormick (1904) Society Virtual Appreciation Event and the Corridor Webinar: 2020 Postelection Estate Planning and Philanthropy.