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Operating Financials

 

Value of Plant and Invested Assets, Fiscal Year 2020

Asset Value
(in millions)
Land, buildings, and equipment, net book value $ 4,306.8
Market value of endowed funds $18,381.5
Market value of total investments $24,364.7

Gifts and Pledge Payments to MIT, Fiscal Year 2020

Source Amount
(in millions)
Foundations $ 259.4
Individuals $143.1
Corporations $96.5
Other $ 0.7
Total $499.7

Gift and Pledge Payment Designations, Fiscal Year 2020

Designation Amount
(in millions)
Research and education programs $ 294.6
Undergraduate education and student life $56.8
Construction and renovations $ 38.4
Unrestricted $ 26.1
Faculty chairs $26.0
Undesignated and miscellaneous $22.0
Scholarships and other undergraduate aid $21.5
Graduate fellowships $ 14.3
Total $ 499.7

Operating Expenditures, Fiscal Year 2020

Category Expenditures
(in millions)
%
Sponsored research $1,786.7 48%
Instruction and unsponsored research $1,221.3 32%
General and administrative* $755.6 20%
Total $3,763.6 100%

* Includes auxiliary enterprises and Alumni Association.

Operating Revenues, Fiscal Year 2020

Category Revenues
(in millions)
%
Research revenues—Lincoln Laboratory $1,090.6 28%
Investment return to operations $911.9 23%
Research revenues—Campus $740.6 19%
Gifts and bequests for operations $383.4 10%
Tuition, net of discount $374.7 9%
Other operations revenues $300.5 8%
Auxiliary enterprises $116.0 3%
Research revenues—Singapore-MIT Alliance for Research and Technology $33.1 1%
Total $3,950.6 100%