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Operating Financials

 

Value of Plant and Invested Assets, Fiscal Year 2021

Asset Value
(in millions)
Land, buildings, and equipment, net book value $ 4,476.0
Market value of endowed funds $27,394.0
Market value of total investments $34,793.4

Gifts and Pledge Payments to MIT, Fiscal Year 2021

Source Amount
(in millions)
Foundations $ 299.2
Individuals $187.5
Corporations $75.8
Other $ 0.1
Total $562.6

Gift and Pledge Payment Designations, Fiscal Year 2021

Designation Amount
(in millions)
Research and education programs $ 305.3
Undergraduate education and student life $65.6
Construction and renovations $ 62.6
Unrestricted $ 50.2
Faculty chairs $38.5
Graduate fellowships $ 19.6
Scholarships and other undergraduate aid $17.5
Undesignated and miscellaneous $3.3
Total $ 562.6

Operating Expenditures, Fiscal Year 2021

Category Expenditures
(in millions)
%
Sponsored research $1,775.5 48%
Instruction and unsponsored research $1,177.4 31%
General and administrative* $773.8 21%
Total $3,728.7 100%

* Includes auxiliary enterprises and Alumni Association.

Operating Revenues, Fiscal Year 2021

Category Revenues
(in millions)
%
Sponsored support—Lincoln Laboratory $1,118.0 28%
Investment return to operations $912.6 23%
Sponsored support—Campus $810.4 21%
Gifts and bequests for operations $448.2 11%
Tuition, net of discount $344.3 9%
Other revenue $200.9 5%
Auxiliary enterprises $82.0 2%
Sponsored support—Singapore-MIT Alliance for Research and Technology $28.7 1%
Total $3,945.1 100%