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Operating Financials
Value of Plant and Invested Assets, Fiscal Year 2023
| Asset | Value (in millions) |
|---|---|
| Land, buildings, and equipment, net book value | $ 5,016.7 |
| Market value of endowed funds | $23,453.4 |
| Market value of total investments | $30,692.9 |
Gifts and Pledge Payments to MIT, Fiscal Year 2023
| Source | Amount (in millions) |
|---|---|
| Foundations | $ 264.4 |
| Individuals | $173.8 |
| Corporations | $98.1 |
| Other | $ 0.1 |
| Total | $536.4 |
Gift and Pledge Payment Designations, Fiscal Year 2023
| Designation | Amount (in millions) |
|---|---|
| Research and education programs | $ 301.0 |
| Graduate fellowships | $65.7 |
| Construction and renovations | $ 45.1 |
| Unrestricted | $38.1 |
| Faculty chairs | $35.2 |
| Scholarships and other undergraduate aid | $28.4 |
| Undergraduate education and student life | $20.0 |
| Undesignated and miscellaneous | $2.9 |
| Total | $ 536.4 |
Operating Expenditures, Fiscal Year 2023
| Category | Expenditures (in millions) |
% |
|---|---|---|
| Sponsored research | $1,926.9 | 43% |
| Instruction and unsponsored research | $1,416.8 | 31% |
| General and administrative* | $1,167.4 | 26% |
| Total | $4,511.1 | 100% |
* Includes auxiliary enterprises and Alumni Association.
Operating Revenues, Fiscal Year 2023
| Category | Revenues (in millions) |
% |
|---|---|---|
| Investment return to operations | $1,360.9 | 29% |
| Sponsored support—Lincoln Laboratory | $1,220.6 | 26% |
| Sponsored support—Campus | $818.0 | 17% |
| Tuition, net of discount | $409.0 | 9% |
| Gifts and bequests for operations | $398.1 | 9% |
| Other revenue | $267.1 | 6% |
| Auxiliary enterprises | $157.3 | 3% |
| Sponsored support—Singapore-MIT Alliance for Research and Technology | $24.4 | 1% |
| Total | $4,655.4 | 100% |