Resource Development

During the 2024–2025 fiscal year, almost 31,000 individuals and organizations gave or pledged $691 million to support the talented people of MIT in their quest to tackle the world’s hardest problems.

Philanthropic contributions provide essential flexible funds that are critical for MIT to ensure student access, seize opportunities, explore the unknown, and remain agile and resilient in the face of ongoing and emerging challenges. Such funds—which can be directed toward pressing institutional priorities—provide a springboard for MIT to launch strategic initiatives in areas such as climate change, human health, AI, manufacturing, and quantum science and engineering. They are also vital to our financial aid program; half of all MIT undergraduate scholarships and graduate financial aid combined comes from unrestricted funds.

MIT is focusing its fundraising efforts in 2026 on cultivating the support of its alumni and friends for ongoing core needs: flexible funds, scholarships, fellowships, professorships, and infrastructure. This approach will help MIT to continue its mission-driven work in education, research, and innovation, and ensure the Institute’s financial health in an uncertain and unpredictable global geopolitical and economic environment.