STRATEGY STUDIO / PUBLIC DATA EXPLORER

MASSACHUSETTS INSTITUTE OF TECHNOLOGY: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
MASSACHUSETTS INSTITUTE OF TECHNOLOGY (EIN 04-2103594)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-13
IRS object ID
202221339349300632
Schema version
2020v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-13T07:30:46-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042103594EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Massachusetts Institute of TechnologyBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMASSBusinessNameControlTxt
Phone6172532734PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line177 MASSACHUSETTS AVENUE NE49-3142AddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP021394307ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGLEN SHORPersonNm
Person TitleEXECUTIVE VP AND TREASURERPersonTitleTxt
Signature2022-05-13SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstGLENPersonFirstNm
Person LastSHORPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Principal Ofcr Business Name PrincipalOfcrBusinessName

FieldValueIRS element (for citing)
Business Name Line1L RAFAEL REIFBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line177 MASSACHUSETTS AVENUEAddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02139ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$13,617,823,000GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresshttp://web.mit.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1861FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionTHE MISSION OF MIT IS TO ADVANCE KNOWLEDGE AND EDUCATE STUDENTS IN SCIENCE, TECHNOLOGY, AND OTHER AREAS OF SCHOLARSHIP THAT WILL BEST SERVE THE NATION AND THE WORLD IN THE 21ST CENTURY.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee25443TotalEmployeeCnt
Total Volunteers18121TotalVolunteersCnt
Total Gross UBI$66,855,000TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$1,014,222,000PYContributionsGrantsAmt
CY Contributions Grants$1,003,569,000CYContributionsGrantsAmt
PY Program Service Revenue$2,452,821,000PYProgramServiceRevenueAmt
CY Program Service Revenue$2,410,934,000CYProgramServiceRevenueAmt
PY Investment Income$1,235,777,000PYInvestmentIncomeAmt
CY Investment Income$2,101,331,000CYInvestmentIncomeAmt
PY Other Revenue$101,375,000PYOtherRevenueAmt
CY Other Revenue$210,324,000CYOtherRevenueAmt
PY Total Revenue$4,804,195,000PYTotalRevenueAmt
CY Total Revenue$5,726,158,000CYTotalRevenueAmt
PY Grants And Similar Paid$680,991,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$714,280,000CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,889,151,000PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,946,383,000CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$460,000PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$49,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$52,808,000CYTotalFundraisingExpenseAmt
PY Other Expenses$1,594,915,000PYOtherExpensesAmt
CY Other Expenses$1,620,914,000CYOtherExpensesAmt
PY Total Expenses$4,165,517,000PYTotalExpensesAmt
CY Total Expenses$4,281,626,000CYTotalExpensesAmt
PY Revenues Less Expenses$638,678,000PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,444,532,000CYRevenuesLessExpensesAmt
Total Assets BOY$30,065,085,000TotalAssetsBOYAmt
Total Assets EOY$42,473,040,000TotalAssetsEOYAmt
Total Liabilities BOY$6,269,508,000TotalLiabilitiesBOYAmt
Total Liabilities EOY$6,064,101,000TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$23,795,577,000NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$36,408,939,000NetAssetsOrFundBalancesEOYAmt
MissionTHE MISSION OF MIT IS TO ADVANCE KNOWLEDGE AND EDUCATE STUDENTS IN SCIENCE, TECHNOLOGY, AND OTHER AREAS OF SCHOLARSHIP THAT WILL BEST SERVE THE NATION AND THE WORLD IN THE 21ST CENTURY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,631,180,000ExpenseAmt
Grant$108,415,000GrantAmt
Revenue$578,900,000RevenueAmt
DescSPONSORED RESEARCH: MIT'S CAMBRIDGE, MA CAMPUS PROVIDES A FERTILE SETTING FOR RESEARCH THAT HAS SPAWNED A HOST OF SCIENTIFIC BREAKTHROUGHS AND TECHNOLOGICAL ADVANCES. PRIMARILY SPONSORED BY FEDERAL GRANTS AND CONTRACTS, RESEARCH AT MIT AIMS TO DEVELOP INNOVATIVE SOLUTIONS TO THE WORLD'S MOST DAUNTING CHALLENGES. FROM ADDRESSING THE ENERGY NEEDS OF TOMORROW TO IMPROVING CANCER THERAPIES AND MORE, MIT'S RESEARCH EFFORTS ARE ENHANCED THROUGH CREATIVE COLLABORATIONS IN INTERDISCIPLINARY LABS AND WITH LEADING RESEARCH INSTITUTES AND CONSORTIA AROUND THE WORLD.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,316,717,000ExpenseAmt
Grant$122,478,000GrantAmt
Revenue$1,830,283,000RevenueAmt
DescINSTRUCTION, UNSPONSORED RESEARCH, AND OTHER: MIT IS COMMITTED TO PROVIDING A WORLD-CLASS EDUCATION TO OUR APPROXIMATELY 4,400 UNDERGRADUATES AND APPROXIMATELY 6,900 GRADUATE STUDENTS. THE FOCUS OF INSTRUCTION IS NOT ONLY SCIENTIFIC AND TECHNICAL, BUT INCLUDES A STRONG HUMANITIES COMPONENT AND EMPHASIZES CREATIVE PROBLEM SOLVING. MIT'S SIX SCHOOLS AND COLLEGES (SCIENCE; ENGINEERING; HUMANITIES, ARTS & SOCIAL SCIENCES; ARCHITECTURE & PLANNING; MANAGEMENT; AND COMPUTING) CREATE THE FOUNDATION OF A RIGOROUS MIT EDUCATION, WHICH IS HEIGHTENED BY SERVICE TO COMMUNITIES AROUND THE WORLD. OTHER EXPENDITURES (INCLUDING GRANTS) INCURRED, AND REVENUES GENERATED IN CONNECTION WITH MIT'S OTHER PROGRAM SERVICES RELATED TO VARIOUS ACTIVITIES IN FURTHERANCE OF AND IN SUPPORT OF MIT'S EXEMPT MISSION INCLUDED BUT WERE NOT LIMITED TO SUCH THINGS AS FEES AND SERVICES (FOR EXAMPLE, MEDICAL DEPARTMENT, TECHNOLOGY LICENSING OFFICE), AUXILIARY ENTERPRISES (FOR EXAMPLE, HOUSING, DINING), AND OTHER MISCELLANEOUS PROGRAM SERVICE REVENUE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$483,387,000ExpenseAmt
Grant$483,387,000GrantAmt
Revenue$0RevenueAmt
DescSCHOLARSHIPS AND FELLOWSHIPS: MIT'S UNDERGRADUATE FINANCIAL AID PROGRAM ENSURES THAT AN MIT EDUCATION IS ACCESSIBLE TO ALL QUALIFIED CANDIDATES REGARDLESS OF THEIR FINANCIAL RESOURCES. MIT REMAINS DEDICATED TO PROVIDING FINANCIAL AID TO MEET THE FULL COST OF AN MIT EDUCATION, BASED ON THE NEEDS OF THE FAMILY. IN 2020-2021, APPROXIMATELY 57% OF ALL UNDERGRADUATES RECEIVED SOME TYPE OF NEED-BASED FINANCIAL AID FROM MIT. FINANCIAL AID FOR GRADUATE STUDENTS INCLUDES FELLOWSHIPS, TRAINEESHIPS, TEACHING AND RESEARCH ASSISTANTSHIPS, AND LOANS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$3,431,284,000TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (true)ConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgYes (true)MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (true)MoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountfalseEscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonYes (true)GrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityYes (true)DisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document23336IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee25443EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountYes (true)ForeignFinancialAccountInd
Foreign CountryHKForeignCountryCd
Foreign CountryHUForeignCountryCd
Foreign CountryINForeignCountryCd
Foreign CountryARForeignCountryCd
Foreign CountryISForeignCountryCd
Foreign CountryJAForeignCountryCd
Foreign CountryKSForeignCountryCd
Foreign CountryMPForeignCountryCd
Foreign CountryRPForeignCountryCd
Foreign CountryPLForeignCountryCd
Foreign CountrySNForeignCountryCd
Foreign CountryTWForeignCountryCd
Foreign CountryTHForeignCountryCd
Foreign CountryTUForeignCountryCd
Foreign CountryUKForeignCountryCd
Foreign CountryBRForeignCountryCd
Foreign CountryVIForeignCountryCd
Foreign CountryCAForeignCountryCd
Foreign CountryCJForeignCountryCd
Foreign CountryCIForeignCountryCd
Foreign CountryCHForeignCountryCd
Foreign CountryEZForeignCountryCd
Foreign CountryEGForeignCountryCd
Foreign CountryGHForeignCountryCd
Foreign CountryGKForeignCountryCd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OfYes (true)Form8282PropertyDisposedOfInd
Form8282 Filed2Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (true)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncYes (true)SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members15GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersYes (true)LocalChaptersInd
Policies Reference ChaptersYes (true)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VentureYes (true)InvestmentInJointVentureInd
Written Policy Or ProcedureYes (true)WrittenPolicyOrProcedureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldINStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOKStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN DONNELLYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6172532734PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line177 MASSACHUSETTS AVENUE NE49-3142AddressLine1Txt
CityCambridgeCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02139ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (33 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Glen Shor
Executive VP and Treasurer60.05.0Yes (X)Yes (X)$503,156$0$63,870
L Rafael Reif
President60.00.3Yes (X)Yes (X)$1,102,428$0$493,741
Alan G Spoon
Executive Committee Member5.02.0Yes (X)$0$0$0
Alan M Leventhal
Executive Committee Member5.00Yes (X)$0$0$0
Ashton B Carter
Executive Committee Member5.00Yes (X)$0$0$0
David M Siegel
Executive Committee Member5.00Yes (X)$0$0$0
Denis A Bovin
Executive Committee Member5.00Yes (X)$1,000$0$0
Diane B Greene
Chair of the Corporation (Incoming)60.00Yes (X)$93,250$0$565
Indra Nooyi
Executive Committee Member5.00Yes (X)$0$0$0
John A Thain
Executive Committee Member5.00Yes (X)$0$0$0
Mark P Gorenberg
Executive Committee Member5.00Yes (X)$0$0$0
Nancy C Andrews
Executive Committee Member5.00Yes (X)$0$0$0
Noubar B Afeyan
Executive Committee Member5.00Yes (X)$0$0$0
Orit Gadiesh
Executive Committee Member5.00Yes (X)$0$0$0
Robert B Millard
Chair of the Corporation (Outgoing)60.00Yes (X)$262,864$0$43,719
Russell Erich Caulfield
Executive Committee Member5.00Yes (X)$0$0$0
Susan E Whitehead
Executive Committee Member5.00Yes (X)$0$0$0
Wesley G Bush
Executive Committee Member5.00Yes (X)$0$0$0
Suzanne L Glassburn
Vice President and Secretary60.00Yes (X)$342,421$0$75,069
Alfred Ironside
VP for Communications60.00$431,103$0$39,001Yes (X)
Cynthia Barnhart
Chancellor60.00.3$537,708$0$52,259Yes (X)
Eric Evans
Director of Lincoln Laboratory60.00$600,646$0$75,263Yes (X)
Julie Lucas
VP for Resource Development60.00$584,704$0$44,296Yes (X)
Maria Zuber
VP for Research60.03.0$500,884$0$35,549Yes (X)
Mark DiVincenzo
VP and General Counsel60.01.0$590,516$0$75,485Yes (X)
Martin Schmidt
Provost60.05.3$700,892$0$82,980Yes (X)
Sanjay Sarma
VP for Open Learning60.01.0$555,245$0$93,975Yes (X)
Seth Alexander
President of MITIMCo60.03.0$2,278,569$0$383,105Yes (X)
Israel Ruiz
Former Executive VP and Treasurer60.00$2,062,409$0$46,356Yes (X)
Matthew Fisher
Global Investment Professional - MITIMCO60.00$1,540,328$0$329,823Yes (X)
Ryan Akkina
Global Investment Professional - MITIMCO60.00$1,598,662$0$341,870Yes (X)
Steven Marsh
Senior VP - MITIMCo60.01.0$2,283,387$0$444,028Yes (X)
Thomas Wieand
Global Investment Professional - MITIMCO60.00$1,642,063$0$348,033Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$18,212,235TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$3,068,986TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K5362IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Turner Construction Company
2 Seaport LaneBostonMA02210Construction$397,927,317
John Moriarty & Associates
3 Church StreetWinchesterMA01890Construction$73,327,348
Walsh Brothers Incorporated
210 Commercial StreetBostonMA02109Construction$61,912,099
Consigli Construction Co
266 Summer StreetBostonMA02210Construction$60,518,754
Bond Brothers Inc
10 Cabot RoadMedfordMA02155Construction$41,440,397
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K558CntrctRcvdGreaterThan100KCnt
Related Organizations$16,508,000RelatedOrganizationsAmt
Government Grants$395,587,000GovernmentGrantsAmt
All Other Contributions$591,474,000AllOtherContributionsAmt
Noncash Contributions$34,984,000NoncashContributionsAmt
Total Contributions$1,003,569,000TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
SPONSORED SUPPORT900099$1,437,381,000$1,437,381,000
TUITION900099$745,502,000$745,502,000
AUXILIARY ENTERPRISES900099$81,965,000$81,962,000$3,000
OTHER REVENUE900099$146,086,000$144,338,000$1,748,000

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$2,410,934,000TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$102,272,000TotalRevenueColumnAmt
Unrelated Business Revenue$65,104,000UnrelatedBusinessRevenueAmt
Exclusion$37,168,000ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$54,223,000TotalRevenueColumnAmt
Exclusion$54,223,000ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$224,233,000RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$68,132,000RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$156,101,000RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$156,101,000TotalRevenueColumnAmt
Exclusion$156,101,000ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,945,996,000SecuritiesAmt
Other$4,876,596,000OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$4,896,902,000SecuritiesAmt
Other$2,926,631,000OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$49,094,000SecuritiesAmt
Other$1,949,965,000OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,999,059,000TotalRevenueColumnAmt
Exclusion$1,999,059,000ExclusionAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,726,158,000TotalRevenueColumnAmt
Related Or Exempt Func Income$2,409,183,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$66,855,000UnrelatedBusinessRevenueAmt
Exclusion$2,246,551,000ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$10,762,000TotalAmt
Program Services$10,762,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$702,552,000TotalAmt
Program Services$702,552,000ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$966,000TotalAmt
Program Services$966,000ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$9,852,000TotalAmt
Program Services$1,762,000ProgramServicesAmt
Management And General$7,461,000ManagementAndGeneralAmt
Fundraising$629,000FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$322,000TotalAmt
Program Services$322,000ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,486,704,000TotalAmt
Program Services$1,086,344,000ProgramServicesAmt
Management And General$366,676,000ManagementAndGeneralAmt
Fundraising$33,684,000FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$94,852,000TotalAmt
Program Services$69,612,000ProgramServicesAmt
Management And General$23,265,000ManagementAndGeneralAmt
Fundraising$1,975,000FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$253,764,000TotalAmt
Program Services$186,045,000ProgramServicesAmt
Management And General$62,579,000ManagementAndGeneralAmt
Fundraising$5,140,000FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$100,889,000TotalAmt
Program Services$74,043,000ProgramServicesAmt
Management And General$24,745,000ManagementAndGeneralAmt
Fundraising$2,101,000FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$30,408,000TotalAmt
Management And General$30,408,000ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$1,345,000TotalAmt
Management And General$1,345,000ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$49,000TotalAmt
Fundraising$49,000FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$133,804,000TotalAmt
Management And General$133,804,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$167,641,000TotalAmt
Program Services$150,068,000ProgramServicesAmt
Management And General$17,573,000ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$14,249,000TotalAmt
Program Services$12,752,000ProgramServicesAmt
Management And General$1,497,000ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$23,966,000TotalAmt
Program Services$19,943,000ProgramServicesAmt
Management And General$2,337,000ManagementAndGeneralAmt
Fundraising$1,686,000FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$69,733,000TotalAmt
Program Services$61,711,000ProgramServicesAmt
Management And General$7,187,000ManagementAndGeneralAmt
Fundraising$835,000FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$21,126,000TotalAmt
Program Services$21,126,000ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$225,374,000TotalAmt
Program Services$194,151,000ProgramServicesAmt
Management And General$30,591,000ManagementAndGeneralAmt
Fundraising$632,000FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,513,000TotalAmt
Program Services$4,895,000ProgramServicesAmt
Management And General$593,000ManagementAndGeneralAmt
Fundraising$25,000FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$6,823,000TotalAmt
Program Services$4,168,000ProgramServicesAmt
Management And General$486,000ManagementAndGeneralAmt
Fundraising$2,169,000FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$126,468,000TotalAmt
Program Services$112,485,000ProgramServicesAmt
Management And General$13,342,000ManagementAndGeneralAmt
Fundraising$641,000FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$209,325,000TotalAmt
Program Services$184,035,000ProgramServicesAmt
Management And General$24,428,000ManagementAndGeneralAmt
Fundraising$862,000FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$13,082,000TotalAmt
Program Services$11,691,000ProgramServicesAmt
Management And General$1,391,000ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SUBRECIPIENT AGREEMENTS$136,148,000$136,148,000
EQUIPMENT$86,868,000$77,659,000$9,209,000
LAB SUPPLIES$42,390,000$37,769,000$4,621,000
FOREIGN TAXES$885,000$885,000

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$305,766,000TotalAmt
Program Services$270,275,000ProgramServicesAmt
Management And General$33,111,000ManagementAndGeneralAmt
Fundraising$2,380,000FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,281,626,000TotalAmt
Program Services$3,431,284,000ProgramServicesAmt
Management And General$797,534,000ManagementAndGeneralAmt
Fundraising$52,808,000FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$62,775,000BOYAmt
EOY$96,435,000EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,089,635,000BOYAmt
EOY$679,404,000EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$494,502,000BOYAmt
EOY$528,971,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$337,409,000BOYAmt
EOY$421,893,000EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$135,394,000BOYAmt
EOY$137,569,000EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$5,896,000BOYAmt
EOY$5,487,000EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$180,640,000BOYAmt
EOY$1,181,957,000EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,642,569,000LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,166,607,000LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,306,769,000BOYAmt
EOY$4,475,962,000EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$2,400,192,000BOYAmt
EOY$3,748,150,000EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$20,959,800,000BOYAmt
EOY$30,484,550,000EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$92,073,000BOYAmt
EOY$712,662,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$30,065,085,000BOYAmt
EOY$42,473,040,000EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$628,883,000BOYAmt
EOY$699,886,000EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$502,861,000BOYAmt
EOY$554,623,000EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$888,728,000BOYAmt
EOY$873,291,000EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$3,305,289,000BOYAmt
EOY$3,055,744,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$943,747,000BOYAmt
EOY$880,557,000EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$6,269,508,000BOYAmt
EOY$6,064,101,000EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,285,022,000BOYAmt
EOY$15,730,272,000EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,510,555,000BOYAmt
EOY$20,678,667,000EOYAmt

Cap Stk Tr Prin Current Funds CapStkTrPrinCurrentFundsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Pd In Cap Srpls Land Bldg Eqp Fund PdInCapSrplsLandBldgEqpFundGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Rtn Earn Endowment Incm Oth Fnds RtnEarnEndowmentIncmOthFndsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$23,795,577,000BOYAmt
EOY$36,408,939,000EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$30,065,085,000BOYAmt
EOY$42,473,040,000EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,444,532,000ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$8,820,426,000NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$2,348,404,000OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,028,323,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$875,797,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,038,607,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,014,222,000CurrentTaxYearMinus1YearAmt
Current Tax Year$1,003,569,000CurrentTaxYearAmt
Total$4,960,518,000TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,028,323,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$875,797,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,038,607,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,014,222,000CurrentTaxYearMinus1YearAmt
Current Tax Year$1,003,569,000CurrentTaxYearAmt
Total$4,960,518,000TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$17,641,137SubstantialContributorsTotAmt
Public Support Total170$4,942,876,863PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$254,357,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$302,748,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$412,937,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$187,992,000CurrentTaxYearMinus1YearAmt
Current Tax Year$380,728,000CurrentTaxYearAmt
Total$1,538,762,000TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$40,361,386CurrentTaxYearAmt
Total$40,361,386TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$6,539,641,386TotalSupportAmt
Gross Receipts Rltd Activities$11,788,501,000GrossReceiptsRltdActivitiesAmt
Public Support CY1700.7558PublicSupportCY170Pct
Public Support PY1700.7725PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$141,926DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$14,939OtherActivitiesAmt
Total Lobbying Expenditures$156,865TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule C, Part II-B, Line 1 Description of the Activities Reported on Lines 1A through 1IFormAndLineReferenceDesc
ExplanationLINES 1B & 1G FROM TIME TO TIME, MIT ENGAGES IN LOBBYING ACTIVITY USING MIT'S OWN PERSONNEL. MIT'S EFFORTS REGARDING LEGISLATIVE AND RELATED ACTIVITIES IN FY 2021 FOCUSED ON THE AREAS OF LEGISLATION, POLICY AND FUNDING SUPPORT FOR SCIENCE, TECHNOLOGY, EDUCATION, LAND USE AND TAXATION. STAFF ACTIVITIES INCLUDED THE GATHERING AND DISSEMINATION OF INFORMATION TO THE MIT CAMPUS CONCERNING GOVERNMENT ACTIVITIES AND ACTIONS, AS WELL AS MEETINGS AND DISCUSSIONS WITH FEDERAL AND STATE OFFICIALS, ON THE ABOVE ISSUES. LINE 1I MIT PAYS DUES AND IS A MEMBER OF SEVERAL ASSOCIATIONS THAT PROVIDE INFORMATION TO THE HIGHER EDUCATION COMMUNITY AS WELL AS ADVOCATE FOR ISSUES THAT ARE IMPORTANT TO THE SECTOR. A PORTION OF THE DUES PAID TO THESE ORGANIZATIONS MAY BE USED TO LOBBY BY THE ASSOCIATIONS.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held12DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri$14,247,716DonorAdvisedFundsContriAmt
Donor Advised Funds Grants$3,535,548DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY$51,723,883DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg CtrlYes (true)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (true)DisclosedForCharitablePrpsInd

Held Works Art HeldWorksArtGrp

FieldValueIRS element (for citing)
Assets Included$200,000AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$18,465,010,000BeginningYearBalanceAmt
Contributions$191,772,000ContributionsAmt
Investment Earnings Or Losses$9,643,184,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$153,816,000GrantsOrScholarshipsAmt
Other Expenditures$595,290,000OtherExpendituresAmt
Administrative Expenses$54,551,000AdministrativeExpensesAmt
End Year Balance$27,496,309,000EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$17,545,703,000BeginningYearBalanceAmt
Contributions$120,011,000ContributionsAmt
Investment Earnings Or Losses$1,569,985,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$150,283,000GrantsOrScholarshipsAmt
Other Expenditures$585,969,000OtherExpendituresAmt
Administrative Expenses$34,437,000AdministrativeExpensesAmt
End Year Balance$18,465,010,000EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$16,507,029,000BeginningYearBalanceAmt
Contributions$321,260,000ContributionsAmt
Investment Earnings Or Losses$1,454,555,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$138,821,000GrantsOrScholarshipsAmt
Other Expenditures$558,037,000OtherExpendituresAmt
Administrative Expenses$40,283,000AdministrativeExpensesAmt
End Year Balance$17,545,703,000EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$14,958,882,000BeginningYearBalanceAmt
Contributions$137,558,000ContributionsAmt
Investment Earnings Or Losses$2,099,040,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$131,796,000GrantsOrScholarshipsAmt
Other Expenditures$529,127,000OtherExpendituresAmt
Administrative Expenses$27,528,000AdministrativeExpensesAmt
End Year Balance$16,507,029,000EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$13,436,025,000BeginningYearBalanceAmt
Contributions$264,521,000ContributionsAmt
Investment Earnings Or Losses$1,904,418,000InvestmentEarningsOrLossesAmt
Grants Or Scholarships$125,405,000GrantsOrScholarshipsAmt
Other Expenditures$501,264,000OtherExpendituresAmt
Administrative Expenses$19,413,000AdministrativeExpensesAmt
End Year Balance$14,958,882,000EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.2916BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.1379PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.5705TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$107,557,000OtherCostOrOtherBasisAmt
Book Value$107,557,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,952,221,000OtherCostOrOtherBasisAmt
Depreciation$2,020,929,000DepreciationAmt
Book Value$3,931,292,000BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$109,590,000OtherCostOrOtherBasisAmt
Depreciation$1,866,000DepreciationAmt
Book Value$107,724,000BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$473,201,000OtherCostOrOtherBasisAmt
Depreciation$143,812,000DepreciationAmt
Book Value$329,389,000BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,475,962,000TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (7 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
FIXED INCOME$1,048,219,000F
EQUITIES$18,987,149,000F
ABSOLUTE RETURN$5,742,657,000F
REAL ESTATE & REAL ASSETS$4,610,765,000F
SPLIT INTEREST AGREEMENTS$89,999,000F
OTHER$6,445,000F
DERIVATIVES-$684,000F
FieldValueIRS element (for citing)
Total Book Value Securities$30,484,550,000TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
OTHER CREDITS$265,971,000
GOVERNMENT ADVANCES$11,096,000
ACCRUED BENEFITS$0
LIABILITIES DUE UNDER LIFE INCOME FUND AGREEMENTS$321,450,000
OPERATING LEASE OBLIGATION$282,040,000
FieldValueIRS element (for citing)
Total Liability$880,557,000TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part III, Line 1a FINANCIAL STATEMENT FOOTNOTEAS NOTED IN MIT'S AUDITED FINANCIAL STATEMENTS, MIT RECORDS ITEMS OF COLLECTIONS AS A GIFT AT NOMINAL VALUE. THEY ARE RECEIVED FOR EDUCATIONAL PURPOSES AND GENERALLY DISPLAYED THROUGHOUT MIT. IN GENERAL, COLLECTIONS ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER.
Schedule D, Part III, Line 4 Collections of art - description of collectionsMIT RECORDS ITEMS OF COLLECTIONS OF ART AS A GIFT AT NOMINAL VALUE. THEY ARE RECEIVED FOR EDUCATIONAL PURPOSES AND GENERALLY DISPLAYED THROUGHOUT MIT. IN GENERAL, COLLECTIONS ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER.
Schedule D, Part V, Line 4 Intended uses of endowment fundsMIT'S ENDOWMENT IS INTENDED TO PROVIDE FINANCIAL SUPPORT TO FURTHER MIT'S MISSION OF EDUCATION AND RESEARCH. SPECIFICALLY, MIT'S ENDOWMENT PROVIDES ONGOING SUPPORT FOR UNDERGRADUATE STUDENT SCHOLARSHIPS, GRADUATE FELLOWSHIPS, PROFESSORSHIPS, RESEARCH, THE MAINTENANCE OF MIT'S FACILITIES, AND ACADEMIC DEPARTMENT SUPPORT.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnoteUS GAAP requires MIT to evaluate tax positions taken by the Institute to recognize a tax liability (or asset) if the Institute has taken an uncertain tax position that, more likely than not, would not be sustained upon examination by the IRS. MIT has analyzed the tax positions taken and has concluded that as of June 30, 2021, there are no significant uncertain positions taken or expected to be taken.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICYMIT'S PROSPECTIVE STUDENTS CAN FIND THE INSTITUTE'S RACIALLY NONDISCRIMINATORY POLICY AT ANY TIME DURING THE ADMISSION PROCESS AND THROUGHOUT THE ENTIRE ACADEMIC YEAR AT https://mitadmissions.org/policies/#nondiscrimination. MIT'S RACIALLY NONDISCRIMINATORY POLICY FOR THE GENERAL COMMUNITY CAN BE FOUND IN MIT'S POLICIES & PROCEDURES 7.1.1. AND 9.3 OR CAN BE FOUND ON THE INSTITUTE'S WEBSITE AT https://policies.mit.edu/policies-procedures/. THE INSTITUTE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND WORLDWIDE AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY. THE INSTITUTE ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN SUBSTANTIAL NUMBERS.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENTMIT RECEIVES PELL, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY AND PERKINS LOANS.
Schedule E, Part I, Line 2 RACIALLY NONDISCRIMINATORY POLICYMIT INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY TOWARD STUDENTS IN VARIOUS BROCHURES AND CATALOGUES. WHILE THE STATEMENT IS NOT INCLUDED ON ALL WRITTEN COMMUNICATIONS WITH THE PUBLIC DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS, THE POLICY IS WELL PUBLICIZED AND WELL KNOWN.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (31 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmtEmployeeEmployeeCntOfficesOfficesCnt
East Asia and the PacificProgram ServicesSubrecipient Agreements$7,949,299
Europe (Including Iceland and Greenland)Program ServicesSubrecipient Agreements$1,214,142
Middle East and North AfricaProgram ServicesSubrecipient Agreements$348,332
North America (Canada & Mexico only)Program ServicesSubrecipient Agreements$429,183
South AmericaProgram ServicesSubrecipient Agreements$40,529
South AsiaProgram ServicesSubrecipient Agreements$631,043
Sub-Saharan AfricaProgram ServicesSubrecipient Agreements$1,184,731
Central America and the CaribbeanGrantmaking$12,127
East Asia and the PacificGrantmaking$223,656
Europe (Including Iceland and Greenland)Grantmaking$276,090
Middle East and North AfricaGrantmaking$42,114
North America (Canada & Mexico only)Grantmaking$81,419
Russia and Neighboring StatesGrantmaking$24,481
South AmericaGrantmaking$77,846
South AsiaGrantmaking$88,720
Sub-Saharan AfricaGrantmaking$139,219
Europe (Including Iceland and Greenland)Fundraising$3,900
Central America and the CaribbeanProgram ServicesEducation/Research$61,5362
East Asia and the PacificProgram ServicesEducation/Research$6,556,703881
Europe (Including Iceland and Greenland)Program ServicesEducation/Research$12,953,924230
Middle East and North AfricaProgram ServicesEducation/Research$991,36422
North America (Canada & Mexico only)Program ServicesEducation/Research$1,841,14641
South AmericaProgram ServicesEducation/Research$106,717111
South AsiaProgram ServicesEducation/Research$70,9715
Sub-Saharan AfricaProgram ServicesEducation/Research$98,1076
AntarcticaProgram ServicesEducation/Research$136,000
Central America and the CaribbeanInvestments$1,893,867,946
East Asia and the PacificInvestments$104,014,749
Europe (Including Iceland and Greenland)Investments$30,085,590
Sub-Saharan AfricaInvestments$8,796,342
South AsiaInvestments$2,179,429,699
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office2ContinuationTotalOfficeCnt
Continuation Total Employee405ContinuationTotalEmployeeCnt
Total Office2TotalOfficeCnt
Total Employee405TotalEmployeeCnt
Subtotal Spent$12,762,931SubtotalSpentAmt
Continuation Spent$4,239,014,694ContinuationSpentAmt
Total Spent$4,251,777,625TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (3 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
North America (Canada & Mexico only)Prize$10,000Check
Europe (Including Iceland and Greenland)Prize$142,857Check
South AmericaPrize$9,900Check
FieldValueIRS element (for citing)
Total501c3 Org0Total501c3OrgCnt
Total Other Org3TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (35 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxt
Public Service Center GrantsEast Asia and the Pacific5$23,000Check
Public Service Center GrantsEurope (Including Iceland and Greenland)2$6,000Check
Public Service Center GrantsMiddle East and North Africa4$10,500Check
Public Service Center GrantsNorth America (Canada & Mexico only)2$3,500Check
Public Service Center GrantsSouth America6$19,500Check
Public Service Center GrantsSouth Asia3$8,000Check
Public Service Center GrantsSub-Saharan Africa13$81,000Check
MISTI StipendEast Asia and the Pacific28$97,624Check
MISTI StipendEurope (Including Iceland and Greenland)6$9,484Check
MISTI StipendMiddle East and North Africa4$15,027Check
MISTI StipendNorth America (Canada & Mexico only)2$3,800Check
MISTI StipendRussia and Neighboring States2$5,073Check
MISTI StipendSub-Saharan Africa3$7,950Check
FellowshipsCentral America and the Caribbean3$3,244Check
FellowshipsEast Asia and the Pacific33$57,683Check
FellowshipsEurope (Including Iceland and Greenland)28$32,115Check
FellowshipsNorth America (Canada & Mexico only)10$11,339Check
FellowshipsRussia and Neighboring States11$15,304Check
FellowshipsSouth America13$3,358Check
FellowshipsSouth Asia13$10,609Check
FellowshipsSub-Saharan Africa21$28,568Check
Prizes & AwardsCentral America and the Caribbean14$8,883Check
Prizes & AwardsEast Asia and the Pacific58$45,049Check
Prizes & AwardsEurope (Including Iceland and Greenland)41$75,108Check
Prizes & AwardsMiddle East and North Africa13$16,587Check
Prizes & AwardsNorth America (Canada & Mexico only)55$50,780Check
Prizes & AwardsRussia and Neighboring States4$3,926Check
Prizes & AwardsSouth America6$1,786Check
Prizes & AwardsSouth Asia85$69,611Check
Prizes & AwardsSub-Saharan Africa23$21,700Check
HonorariaEast Asia and the Pacific1$300Check
HonorariaEurope (Including Iceland and Greenland)9$10,526Check
HonorariaNorth America (Canada & Mexico only)1$2,000Check
HonorariaRussia and Neighboring States1$179Check
HonorariaSouth America26$43,303Check
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustYes (true)InterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule F, Part I, Line 2 Procedures for monitoring use of grant fundsMIT PROVIDES SEVERAL TYPES OF GRANTS AND ASSISTANCE TO FOREIGN INDIVIDUALS. FOR PRIZES AND AWARDS, THE INDIVIDUAL MUST HAVE MET THE SPECIFIC CRITERIA FOR THE PARTICULAR PRIZE OR AWARD TO BE SELECTED. IN THE CASE OF FELLOWSHIPS, THE INDIVIDUAL IS REQUIRED TO UTILIZE THE FUNDS FOR RESEARCH AND STUDY AT THE INSTITUTE. GRANTS ARE MADE IN THE CONTEXT OF ACADEMIC OR RESEARCH PROGRAMS: RECIPIENTS SPEND THEIR GRANT FUNDS UNDER THE SUPERVISION OF THE PROGRAM AND ARE ACCOUNTABLE THROUGH THE PROGRAM FOR THE USE OF THE FUNDS.
Schedule F, Part I, Line 3(a)A SUBRECIPIENT AGREEMENT IS A RESEARCH SUBCONTRACT WHERE MIT ENGAGES A THIRD PARTY TO PERFORM EXPERIMENTAL, DEVELOPMENTAL, OR RESEARCH WORK GENERALLY IN CONNECTION WITH A SPONSORED RESEARCH AGREEMENT.
Schedule F, Part III METHOD TO ACCOUNT FOR EXPENDITURES ON ORG'S FINANCIAL STATEMENTSCENTRAL AMERICA AND THE CARIBBEAN: ACCRUAL EAST ASIA AND THE PACIFIC: ACCRUAL EUROPE (INCLUDING ICELAND AND GREENLAND): ACCRUAL MIDDLE EAST AND NORTH AFRICA: ACCRUAL NORTH AMERICA (CANADA & MEXICO ONLY): ACCRUAL RUSSIA AND NEIGHBORING STATES: ACCRUAL SOUTH AMERICA: ACCRUAL SOUTH ASIA: ACCRUAL SUB-SAHARAN AFRICA: ACCRUAL
Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDSMIT PROVIDES SEVERAL TYPES OF GRANTS AND ASSISTANCE TO FOREIGN INDIVIDUALS. FOR PRIZES AND AWARDS, THE INDIVIDUAL MUST HAVE MET THE SPECIFIC CRITERIA FOR THE PARTICULAR PRIZE OR AWARD TO BE SELECTED. IN THE CASE OF FELLOWSHIPS, THE INDIVIDUAL IS REQUIRED TO UTILIZE THE FUNDS FOR RESEARCH AND STUDY AT THE INSTITUTE. GRANTS ARE MADE IN THE CONTEXT OF ACADEMIC OR RESEARCH PROGRAMS: RECIPIENTS SPEND THEIR GRANT FUNDS UNDER THE SUPERVISION OF THE PROGRAM AND ARE ACCOUNTABLE THROUGH THE PROGRAM FOR THE USE OF THE FUNDS.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
Community Counselling Service Co LLC
527 MADISON AVENUE 5TH FLOORNEW YORKNY10022FUNDRAISING CONSULTINGfalse$26,000-$26,000
Blackbaud Inc
2000 DANIEL ISLAND DRIVECHARLESTONSC29492FUNDRAISING CONSULTINGfalse$22,976-$22,976
FieldValueIRS element (for citing)
Total Gross Receipts$0TotalGrossReceiptsAmt
Total Retained By Contractors$48,976TotalRetainedByContractorsAmt
Total Net To Organization-$48,976TotalNetToOrganizationAmt
Licensed StatesMALicensedStatesCd

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Recipient Table RecipientTable (75 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtBusiness Name Line2RecipientBusinessName/BusinessNameLine2Txt
Alumni Association of Xi Chapter of Tau Epsilon Phi Inc
30 West Main StreetHopkintonMA01748000852599501(c)(7)$12,581IRDF Grant
Association of Sigma Tau Alumni of Delta Kappa Epsilon Inc
403 Memorial DriveCambridgeMA02139046066546501(c)(2)$22,451IRDF Grant
Beta Nu House Corporation
416 Beacon StreetBostonMA02115237046612501(c)(7)$1,113,180IRDF Grant
Beta Upsilon Association
14 Sweeney Ridge RoadBedfordMA01730042447180501(c)(7)$19,909IRDF Grant
Housing Association of Theta Omicron of Alpha Chi Omega Inc
478 Commonwealth AveBostonMA02215043244129501(c)(7)$22,944IRDF Grant
Phi Beta Epsilon Corporation
One Kendall Square 470CambridgeMA02139046014162501(c)(8)$75,041IRDF Grant
SNHC Inc
28 The FenwayBostonMA02215680514586501(c)(7)$21,105IRDF Grant
St Anthony Association of Boston Inc
428 Memorial DriveCambridgeMA02139042325521501(c)(2)$13,973IRDF Grant
The Beta Foundation
32 Hereford StreetBostonMA02115042116079501(c)(7)$175,695IRDF Grant
Xi SAMFenway Alumni Corporation
34 The FenwayBostonMA02215911989766501(c)(7)$13,379IRDF Grant
Zeta Phi Chapter House Corporation of Alpha Phi International Fraternity In
477-479 Commonwealth AveBostonMA02215222768441501(c)(7)$61,108IRDF Grantc
Epsilon Theta Corporation Inc
259 St Paul StreetBrooklineMA02446046170956501(c)(7)$11,923IRDF Grant
Alumni Association of the Nu Delta Chapter of the Phi Mu Delta Fraternity
141 Nottinghill RoadBrightonMA02135043071196501(c)(7)$23,532IRDF Grant
Cambridge Community Foundation
99 Bishop Allen DriveCambridgeMA02139046012492501(c)(3)$100,000Contribution
Kendall Community Group
71 Cherry StCambridgeMA02139042496097501(c)(3)$21,000Contribution
Community Art Center
119 Windsor StreetCambridgeMA02139042496097501(c)(3)$21,000Contribution
Enroot
99 Bishop Richard Allen DriveCambridgeMA02139042103961501(c)(3)$10,000Contribution
Young People's Project
99 Bishop Allen Dr 7CambridgeMA02139640939004501(c)(3)$10,000Contribution
Breakthrough Greater Boston
PO Box 381486CambridgeMA02238043307783501(c)(3)$9,000Contribution
New England Council
98 North Washington Street Suite 30BostonMA02114041661090501(c)(3)$7,500Contribution
Cambridge Communtity Foundation
255 Main St 8th FloorCambridgeMA02141046012492501(c)(3)$7,500Contribution
Charles River Conservancy
43 Thorndike StreetCambridgeMA02141043503656501(c)(3)$7,000Contribution
FOOD FOR FREE COMMITTEES
11 Inman StreetCambridgeMA02139222561771501(c)(3)$6,000Contribution
Margaret Fuller House
71 Cherry StCambridgeMA02139042103782501(c)(3)$6,000Contribution
Impact Assets Inc
4340 East West Highway No 210BethesdaMD20814262048480501(c)(3)$588,275Contribution
Bipartisan Policy Center Attn Development Team
1225 Eye St NW Ste 1000WashingtonDC20005731628382501(c)(3)$100,000Grant
Citizen Inc
700 12th St NW Ste 700 Office 30WashingtonDC20005842209086$150,000Grant
Committee of Seventy
123 S Broad St Suite 1800PhiladelphiaPA19109230487205501(c)(3)$100,000Grant
Election Group LLC
6531 Shabbona RoadIndian Head ParkIL60525844643908$200,000Grant
FRANKLIN W OLIN COLLEGE OF ENGINEERING INC
1000 OLIN WAYNeedhamMA02492061519057501(c)(3)$50,000Grant
University of Rhode Island
75 LOWER COLLEGE ROADKingstonRI02881223011455501(c)(3)$263,550Grant
University of Southern California
UNIVERSITY GARDENS SUITE 205Los AngelesCA90089951642394501(c)(3)$300,000Grant
WORCESTER POLYTECHNIC INSTITUTE DBA WPI
100 Institute RdWorcesterMA01609042121659501(c)(3)$19,200Grant
Asia Initiatives
200 E 61 Street Apt 25 ABNew YorkNY10065272190020501(c)(3)$70,000Grant
ChargeHelp Inc
1611 W 58TH StLos AngelesCA90062844473194$100,000Grant
Educate Girls
7026 Groton StForest HillsNY11375464493359501(c)(3)$20,000Grant
Indigikitchen
53 W Shore Duck Lake RoadBabbMT59411831344285$20,000Grant
Ku-A-Kanaka LLC
24-3325 PAKELEKIA STHiloHI96720473068544$10,000Grant
MLABZ LLC
602 Apache DrCedar ParkTX78613812136461$35,000Grant
Rock Crossing Consulting
505 Stewart Street G4FairbanksAK99701853484365$10,000Grant
Salamat Wise
4 Simon LaneLathamNY12110$10,000Grant
ShockTalk
14 Rocklyn DriveWest SimsburyCT06092842703558501(c)(3)$10,000Grant
Someone Somewhere FDM LLC
813 N Main Street Suite 302McAllenTX78501301122412$35,000Grant
Symbrosia Inc
73-4460 QueenKaahumanuHwySuite138KailuaKonaHI96740831357317$19,000Grant
The Last Mile
548 Market Street PMB 60414San FranciscoCA94104462899930501(c)(3)$10,000Grant
TrakitNow Inc
100 Royal Woods RoadColumbiaSC29210814373525$37,071Grant
Yiya Solutions Inc
PO Box 144CanterburyNH03224834259335501(c)(3)$10,000Grant
Agzen Inc
7 Apollo CircleLexingtonMA02421851869241$50,000Prize
Centro Community Partners
825 Washington Street ste 228OaklandCA94607452992960501(c)(3)$25,000Prize
ChargerHelp Inc
1611 W 58th StreetLos AngelesCA90062844473194$25,000Prize
City of Bozeman
121 Noorth Rouse/PO Box 1230BozemanMT597711230816001238501(c)(3)$8,000Prize
COHNREZNICK CAPITAL MARKETS SECURITIES
350 CHURCH STREET 12TH FLOORHartfordCT06103221478099$8,000Prize
Conscio Labs LLC
249 Third St Apt 208CambridgeMA02142862097881$50,000Prize
Generation USA
1616 H Street NW ste 280WashingtonDC20006843357705501(c)(3)$25,000Prize
Guitars over Guns
169 E Flagler St Ste 1134MiamiFL33131262644682501(c)(3)$50,000Prize
Human Dynamics Inc
664 Linnaean St 544CambridgeMA02138853692608$20,000Prize
Life Camps Incorporated
111-12 Sutphin BoulevardJamaicaNY11435200814999501(c)(3)$50,000Prize
Mach9 Robotics Inc
2328 Murray AvePittsburghPA15217863548655$25,000Prize
MOTORCORTEX INC
442 COSTA MESA TER APT GSunnyvaleCA94085841838451$50,000Prize
Nitricity Inc
6 Comstock Cir 418BStanfordCA94305831837729$100,000Prize
North Lawndale Employment Network
906 S Homan Avenue Suite 700ChicagoIL60624364295189501(c)(3)$50,000Prize
Project Healthy Children Inc
200 Friberg Parkway Suite 4006WestboroughMA01581830396815501(c)(3)$50,000Prize
ReThink Inc
4260 Westbrook Dr Suite 109AuroraIL60504383953354$175,000Prize
Rise Inc
PO Box 34462WashingtonDC20043611782096501(c)(3)$50,000Prize
Rivet Electric Works Inc
42 Whitman StSomervilleMA02144862479389$15,000Prize
The Alliance for Media Arts and Culture
1919 South Syringa RoadSpokaneWA99203133044606501(c)(3)$25,000Prize
Turn2U Inc dba The Last Mile
44 Tehama StreetSan FranciscoCA94105462899930501(c)(3)$25,000Prize
Water For South Sudan Inc
PO Box 25511RochesterNY14625200291592501(c)(3)$50,000Prize
WHITEHEAD INSTITUTE FOR BIOMEDICAL RESEARCH
455 Main StCambridgeMA02142061043412501(c)(3)$20,000Prize
Parityorg Inc
PO Box 20024New YorkNY10011820904363501(c)(3)$600,000Contribution
Georgetown Day School
4200 Davenport St NwWashingtonDC20016530204701501(c)(3)$25,000Contribution
Mayo Clinic
200 First Street SwRochesterMN55905416011702501(c)(3)$22,774Contribution
Cooperative for Assistance and Relief Everywhere Inc
151 Ellis Street NEAtlantaGA30303131685039501(c)(3)$150,000Contribution
Technology Review Inc
One Main Street 13th FloorCambridgeMA02142954893200501(c)(3)$4,806,315Contribution
MIT International Inc
77 Massachusetts Avenue NE49-3142CambridgeMA02139812731492501(c)(3)$129,674Contribution
FieldValueIRS element (for citing)
Total501c3 Org41Total501c3OrgCnt
Total Other Org34TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (9 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescCash GrantCashGrantAmt
Tuition Support9473$483,387,000FMVApplied to students' tuition obligation
MIT Student Fellowships & Stipends3481$51,630,781
Non MIT Student Fellowships & Stipends362$13,815,367
Honoraria1774$1,112,286
Prizes and Awards1223$1,119,395
Public Service Center Grants170$501,763
Student Wages8622$140,441,000
External Grants91$159,750
COVID Emergency Relief3012$10,359,250

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2 Procedures for monitoring use of grant funds.FormAndLineReferenceDesc
ExplanationMIT PROVIDES SEVERAL TYPES OF GRANTS AND ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS. FOR PRIZES AND AWARDS, THE INDIVIDUAL OR ORGANIZATION MUST HAVE MET THE SPECIFIC CRITERIA TO BE SELECTED FOR THE PRIZE OR AWARD. IN THE CASE OF FELLOWSHIPS AND SCHOLARSHIPS, THE INDIVIDUAL IS REQUIRED TO UTILIZE THE FUNDS FOR RESEARCH AND STUDY AT MIT. MIT MAKES GRANTS TO SEVERAL LOCAL CHAPTERS OF NATIONAL FRATERNITIES, SORORITIES AND INDEPENDENT LIVING GROUPS. THESE ORGANIZATIONS ARE COMPRISED OF MIT STUDENTS, AND HOUSE THESE STUDENTS. GRANTS ARE MADE TO SUPPORT THE OPERATIONAL COSTS OF THE EDUCATIONAL PURPOSES OF THE HOUSES (SO THAT THE HOUSES STAY CONSISTENT WITH MIT'S MISSION). IN ORDER FOR AN ORGANIZATION TO RECEIVE AN INDEPENDENT RESIDENCE DEVELOPMENT FUND (IRDF) GRANT, THEY MUST GO THROUGH A RIGOROUS APPLICATION PROCESS. PROCEDURES OF THE INSTITUTE WITH RESPECT TO ADMISSIONS, SCHOLARSHIPS, FELLOWSHIPS, AND STUDENT LOANS ARE PUBLICIZED IN THE INSTITUTE BULLETIN WHICH CONSTITUTES ITS CATALOGUE. FOR GRANTS THAT ARE MADE IN THE CONTEXT OF ACADEMIC OR RESEARCH PROGRAMS, RECIPIENTS SPEND THEIR GRANT FUNDS UNDER THE SUPERVISION OF THE PROGRAM AND ARE ACCOUNTABLE THROUGH THE PROGRAM FOR THE USE OF THE FUNDS. MIT MAY MAKE DISBURSEMENTS TO INDIVIDUALS OR ORGANIZATIONS FOR CHARITABLE PURPOSES INCLUDING SMALL GRANTS TO LOCALLY BASED CHARITABLE ORGANIZATIONS FOR THE PURPOSE OF FOSTERING BETTER COMMUNITY RELATIONS. IN ADDITION, MIT OFFERS OTHER ASSISTANCE FOR HARDSHIPS, INCLUDING COVID RELATED EXPENSES, TO INDIVIDUALS THAT MEET PRE-ESTABLISHED CRITERIA.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelYes (X)FirstClassOrCharterTravelInd
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (true)SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (true)AnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (18 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
L Rafael Reif
President$1,009,185$0$0$0$93,243$0$364,250$0$129,491$0$1,596,169$0$0$0
Glen Shor
Executive VP and Treasurer$488,885$0$0$0$14,271$0$33,704$0$30,167$0$567,026$0$0$0
Robert B Millard
Chair of the Corporation (Outgoing)$254,217$0$0$0$8,647$0$19,375$0$24,344$0$306,582$0$0$0
Suzanne L Glassburn
Vice President and Secretary$336,335$0$0$0$6,086$0$45,600$0$29,469$0$417,490$0$0$0
Seth Alexander
President of MITIMCo$858,091$0$1,373,381$0$47,098$0$353,153$0$29,952$0$2,661,675$0$323,429$0
Cynthia Barnhart
Chancellor$516,742$0$0$0$20,966$0$51,300$0$959$0$589,967$0$0$0
Mark DiVincenzo
VP and General Counsel$567,764$0$0$0$22,752$0$45,600$0$29,885$0$666,001$0$0$0
Eric Evans
Director of Lincoln Laboratory$572,326$0$0$0$28,320$0$45,600$0$29,663$0$675,909$0$0$0
Alfred Ironside
VP for Communications$335,972$0$20,000$0$75,130$0$14,250$0$24,751$0$470,104$0$0$0
Julie Lucas
VP for Resource Development$557,011$0$0$0$27,693$0$33,704$0$10,592$0$628,999$0$0$0
Sanjay Sarma
VP for Open Learning$433,710$0$0$0$121,535$0$37,050$0$56,925$0$649,219$0$0$0
Martin Schmidt
Provost$656,028$0$0$0$44,864$0$51,300$0$31,680$0$783,872$0$0$0
Maria Zuber
VP for Research$480,905$0$0$0$19,979$0$14,250$0$21,299$0$536,433$0$0$0
Ryan Akkina
Global Investment Professional - MITIMCO$426,983$0$1,156,379$0$15,300$0$313,150$0$28,720$0$1,940,533$0$229,038$0
Matthew Fisher
Global Investment Professional - MITIMCO$322,172$0$1,156,379$0$61,777$0$313,150$0$16,673$0$1,870,151$0$229,038$0
Steven Marsh
Senior VP - MITIMCo$596,634$0$1,654,989$0$31,764$0$414,250$0$29,778$0$2,727,415$0$357,793$0
Israel Ruiz
Former Executive VP and Treasurer$387,344$0$0$0$1,675,066$0$31,350$0$15,006$0$2,108,766$0$0$0
Thomas Wieand
Global Investment Professional - MITIMCO$448,896$0$1,175,189$0$17,978$0$318,850$0$29,183$0$1,990,096$0$245,000$0

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule J, Part II FORM 990, PART VIITHE INDIVIDUALS DISCLOSED IN PART VII OF FORM 990 OFTEN DEVOTE MORE HOURS TO THEIR POSITION THAN THE NUMBER OF HOURS LISTED, WHICH REPRESENT ESTIMATES OF AVERAGE HOURS. INDIVIDUALS WHO ARE ALSO ON THE BOARDS OF MIT'S SUBSIDIARIES AND RELATED ORGANIZATIONS WORK ADDITIONAL HOURS PER WEEK AS LISTED IN COLUMN (B) OF FORM 990, PART VII.
Schedule J, Part I, Line 1a First-class or charter travelMIT ALLOWS BUSINESS/FIRST CLASS TRAVEL AND COMPANION TRAVEL PURSUANT TO GUIDELINES INCLUDED IN A WRITTEN TRAVEL POLICY. ALL MIT EMPLOYEES, INCLUDING OFFICERS, TRUSTEES, KEY EMPLOYEES AND HIGHLY COMPENSATED INDIVIDUALS, ARE SUBJECT TO THE SAME WRITTEN TRAVEL POLICY.
Schedule J, Part I, Line 1a Travel for companionsCOMPANION TRAVEL IS ONLY REIMBURSED BY MIT IF THERE IS A BONA FIDE BUSINESS PURPOSE FOR THE COMPANION TO TRAVEL, CONSISTENT WITH MIT'S WRITTEN TRAVEL POLICY. DOCUMENTATION OF THE COMPANION'S BUSINESS PURPOSE IS REQUIRED.
Schedule J, Part I, Line 1a Tax indemnification and gross-up paymentsONE OF THE INDIVIDUALS DISCLOSED IN SCHEDULE J RECEIVES LIMITED TAX INDEMNIFICATION AND GROSS UP PAYMENTS. ALL TAX INDEMNIFICATION AND GROSS UP PAYMENTS ARE PURSUANT TO A WRITTEN EMPLOYMENT AGREEMENT.
Schedule J, Part I, Line 1a Housing allowance or residence for personal useTHE MIT PRESIDENT IS REQUIRED TO LIVE IN AN MIT OWNED CAMPUS RESIDENCE AS A CONDITION OF EMPLOYMENT AND AS A CONVENIENCE TO MIT. IRS RULES REQUIRE MIT TO ESTIMATE A VALUE FOR SUCH USE AND TO INCLUDE THE VALUE IN THE PRESIDENT'S TOTAL COMPENSATION AS A "NONTAXABLE BENEFIT" (SCHEDULE J, PART II, COLUMN (D)). AS CALCULATED PURSUANT TO IRS RULES, THE ESTIMATED VALUE IS $108,000 FOR PRESIDENT REIF IN CALENDAR YEAR 2020.
Schedule J, Part I, Line 1a Personal servicesMIT PAYS FOR HOUSEKEEPING OF THE PUBLIC AREAS OF THE PRESIDENT'S HOUSE. FOR THE EXPENSES RELATED TO HOUSEKEEPING SERVICES FOR THE PORTION OF THE MIT OWNED RESIDENCE USED BY THE PRESIDENT'S FAMILY AS THEIR PRIVATE RESIDENCE, MIT INCLUDES THE AMOUNT IN THE PRESIDENT'S TAXABLE INCOME.
Schedule J, Part I, Line 4a Severance or change-of-control paymentOne employee listed in Part VII, Section A, line 1A received a payment of $1,504,712 during calendar year 2020.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement planMIT maintains a deferred compensation account for President Reif. Under the terms of the plan, $350,000 was credited to the account in calendar year 2020. This amount is reflected in Schedule J, Part II, Column C. This amount is a credit only and is subject to vesting requirements. President Reif has not yet received any payments from the account. Employees of the MIT Investment Management Company are eligible for incentive compensation based on the performance of the Institute's investments. A portion of their incentive compensation is paid in an initial calendar year, and the remainder is deferred to being paid in the subsequent calendar year contingent on continued service to MITIMCo through specified dates. Incentive compensation actually paid in calendar year 2020 is reflected in Column B(ii). This includes incentive compensation from prior calendar years for which payment was deferred, contingent on continued service. That amount is listed in Column F. Calendar year 2020 incentive compensation for which payment has been deferred contingent on continued service is included in Column C.
Schedule J, Part I, Line 7 Non-fixed paymentsTHE MIT INVESTMENT MANAGEMENT COMPANY PAYS CERTAIN EMPLOYEES NON-FIXED AMOUNTS PURSUANT TO AN INCENTIVE COMPENSATION PROGRAM THAT BASES COMPENSATION PAYMENTS ON A NUMBER OF FACTORS. THE PRIMARY BASIS FOR INCENTIVE COMPENSATION PAYMENTS IS THE PERFORMANCE OF MIT'S ENDOWMENT RELATIVE TO PEER AND MARKET BENCHMARKS. THIS IS A COMMON PRACTICE IN HIGHER ED ENDOWMENT MANAGEMENT. IN OTHER INSTANCES, MIT MAY OFFER OTHER EMPLOYEES BONUS PAYMENTS FOR OUTSTANDING PERFORMANCE FROM TIME TO TIME.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASSACHUSETTS HEALTH & EDUCATIONAL FAC
A04245601157585K3G12003-05-07$204,790,814CONSTRUCTION/RENOVATION/REFUNDINGfalsefalsefalse
MASSACHUSETTS HEALTH & EDUCATIONAL FAC
B04245601157586CBP92004-04-02$150,854,243CONSTRUCTION AND RENOVATIONfalsefalsefalse
Massachusetts Development Finance Agency
C04343181457584YWJ42020-01-09$211,028,108Construction and renovationfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$69,190,000$0$205,361,234$0$0$0$1,040,170$0$0$204,321,064$0$02005Yes (true)falseYes (true)Yes (true)
B$50,585,000$0$151,599,210$0$0$0$854,243$0$0$150,744,967$0$02005falsefalseYes (true)Yes (true)
C$0$0$211,657,770$0$0$0$998,372$0$0$144,580,837$0$66,078,561falsefalsefalse

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)falseYes (true)false0.02050.00.0205falsefalseYes (true)
BfalsefalseYes (true)falseYes (true)false0.0230.00.023falsefalseYes (true)
CfalsefalseYes (true)falsefalse0.03880.00.0388falsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndException To RebateExceptionToRebateIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndRebate Not Due YetRebateNotDueYetInd
AfalseYes (true)falsefalsefalsefalseYes (true)
BfalseYes (true)falsefalsefalsefalseYes (true)
CfalseYes (true)falsefalsefalsefalseYes (true)Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)
CYes (true)

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part III Lines 3B & 3DMIT ROUTINELY REVIEWS MANAGEMENT AND SERVICES CONTRACTS AND RESEARCH AGREEMENTS RELATING TO ITS BOND-FINANCED PROPERTY FOR PRIVATE BUSINESS USE, USING EITHER IN-HOUSE COUNSEL, OUTSIDE COUNSEL, OR PROFESSIONAL CONTRACT REVIEWERS WHO HAVE EXTENSIVE EXPERIENCE WITH RESPECT TO THE PRIVATE BUSINESS USE RULES AND THE SAFE HARBORS SET FORTH IN REV. PROC. 2007-47, REV. PROC. 97-13, NOTICE 2014-67, AND REV. PROC. 2017-13.
Schedule K, Part II LINE 3TOTAL PROCEEDS ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED IN PART I COLUMN (E) DUE TO INVESTMENT EARNINGS.
Schedule K, Part III Line 4PRIVATE BUSINESS USE ADDITIONAL INFORMATION IT IS MIT'S POLICY TO ENSURE THAT ITS MANAGEMENT CONTRACTS FALL WITHIN THE SAFE HARBORS SET FORTH IN REVENUE PROCEDURE 97-13, NOTICE 2014-67, AND REVENUE PROCEDURE 2017-13, AND THAT ITS PRIVATE SPONSORED RESEARCH CONTRACTS FALL WITHIN THE REVENUE PROCEDURE 2007-47'S SAFE HARBOR (TOGETHER, THESE TWO TYPES OF CONTRACTS ARE REFERRED TO IN THIS FORM 990 AS "OUTSIDE CONTRACTS"). THIS POLICY ENSURES THAT IN THE UNLIKELY EVENT THAT PRIVATE BUSINESS USE MIGHT ARISE THAT SUCH USE WILL BE MAINTAINED AT A LEVEL THAT IS BELOW THE 5% SAFE HARBOR OF EACH BOND ISSUE. MIT REGULARLY REVIEWS ITS PROCEDURES IN ORDER TO ENSURE COMPLIANCE WITH ITS PRIVATE BUSINESS USE POLICY.

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
Cash Grant$224,762CashGrantAmt
Type Of AssistanceFELLOWSHIPSTypeOfAssistanceTxt
Assistance PurposeEDUCATIONAssistancePurposeTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PAMELA EVANSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionFAMILY MEMBER OF ERIC EVANS, KEY EMPLOYEERelationshipDescriptionTxt
Transaction$321,572TransactionAmt
TransactionMIT EMPLOYMENTTransactionDesc
Sharing Of RevenuesfalseSharingOfRevenuesInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Method Of Determining RevenuesNONEMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution586ContributionCnt
Noncash Contributions Rpt F990$21,473,690NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Securities Closely Held Stock SecuritiesCloselyHeldStockGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$225,002NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$58,339NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Securities Miscellaneous SecuritiesMiscellaneousGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$250NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$525,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket valueMethodOfDeterminingRevenuesTxt

Collectibles CollectiblesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution16ContributionCnt
Method Of Determining RevenuesNONEMethodOfDeterminingRevenuesTxt

Drugs And Medical Supplies DrugsAndMedicalSuppliesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Method Of Determining RevenuesNONEMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Equipment7$1,211,880Market value
Yes (X)Archival Records3NONE
Yes (X)Digital Assets3$11,490,069Market value
FieldValueIRS element (for citing)
Form8283 Received3Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributionsMIT Real Estate Foundation, Inc.'s primary purpose is to hold and sell gifts of real estate and property for MIT. During fiscal year 2021, MIT used a third party to accept and sell cryptocurrency donations.
Schedule M, Part I, Line 33 Noncash contribution amounts not reportedMIT RECORDS ITEMS OF COLLECTIONS AND OTHER PROPERTY AS A GIFT AT NOMINAL VALUE. THEY ARE RECEIVED FOR EDUCATIONAL PURPOSES AND/OR GENERALLY DISPLAYED THROUGHOUT MIT. THEY ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Line 1a VOTING MEMBERSTHE MIT BYLAWS VEST IN THE EXECUTIVE COMMITTEE OF THE MIT CORPORATION THE RESPONSIBILITY FOR OVERSEEING THE GENERAL ADMINISTRATION AND SUPERINTENDENCE OF ALL MATTERS RELATING TO MIT, INCLUDING ITS EDUCATIONAL AND RESEARCH PROGRAMS, ADMINISTRATION PERFORMANCE, FINANCIAL AFFAIRS, ENDOWMENT, REAL PROPERTY, POLICIES, SYSTEMS, CONTROLS, SPECIAL CONTRACT SERVICES, AND FACULTY TENURE DECISION APPROVAL. THE EXECUTIVE COMMITTEE MEETS NINE OR MORE TIMES EACH YEAR. THE MIT CORPORATION IS A BODY CURRENTLY COMPRISED OF 75 INDIVIDUALS (REFERRED TO AS MEMBERS OF THE CORPORATION), INCLUDING DISTINGUISHED LEADERS IN SCIENCE, ENGINEERING, INDUSTRY, EDUCATION AND PUBLIC SERVICE. CONSISTENT WITH THE MIT BYLAWS, THE CORPORATION MEMBERS ACT AS STEWARDS OF THE PUBLIC TRUST TO PRESERVE MIT'S MISSION. THE CORPORATION MEETS FOUR TIMES EACH YEAR. RECOGNIZING THE SPECIFIC OVERSIGHT RESPONSIBILITY OF THE EXECUTIVE COMMITTEE FOR MIT'S OPERATIONS, MIT TREATS THE EXECUTIVE COMMITTEE AS MIT'S GOVERNING BODY FOR PURPOSES OF RESPONDING TO THE FORM 990.
Form 990, Part VI, Line 4 Significant changes to organizational documentsMIT'S BYLAWS WERE AMENDED ON MARCH 5, 2021. THE AMENDMENTS REFLECT CHANGES IN THE AUTHORITY OF MIT'S OFFICERS AND THE GOVERNING BODY'S VOTING MEMBERS.
Form 990, Part VI, Line 6 Classes of members or stockholdersTHE MIT CORPORATION ELECTS THE NON EX-OFFICIO MEMBERS OF MIT'S GOVERNING BODY (THE EXECUTIVE COMMITTEE OF THE CORPORATION).
Form 990, Part VI, Line 7a Members or stockholders electing members of governing bodyTHE MIT CORPORATION ELECTS THE NON EX-OFFICIO MEMBERS OF MIT'S GOVERNING BODY (THE EXECUTIVE COMMITTEE OF THE CORPORATION). EX-OFFICIO MEMBERS OF THE EXECUTIVE COMMITTEE ARE THE CHAIR OF THE CORPORATION, THE PRESIDENT, THE EXECUTIVE VICE-PRESIDENT AND TREASURER, AND THE CHAIR OF THE INVESTMENT MANAGEMENT COMPANY BOARD OF DIRECTORS.
Form 990, Part VI, Line 11b Review of form 990 by governing bodyMIT'S OFFICERS RESPONSIBLE FOR MIT'S TAX MATTERS PREPARE MIT'S FORM 990 WITH EXTENSIVE ASSISTANCE FROM MIT'S ACADEMIC AND ADMINISTRATIVE UNITS. SENIOR MIT OFFICERS THEN REVIEW THE FORM 990. FOLLOWING THAT REVIEW AND BEFORE THE FORM 990 IS FILED, MIT'S RISK AND AUDIT COMMITTEE AND EXECUTIVE COMMITTEE (MIT'S GOVERNING BODY) ARE PROVIDED WITH THE FORM AND RELATED SCHEDULES FOR THEIR REVIEW AND COMMENT.
Form 990, Part VI, Line 12c Conflict of interest policyMONITORING AND ENFORCING COMPLIANCE WITH CONFLICT OF INTEREST POLICIES DISCLOSURE: MIT HAS TWO PRIMARY CONFLICT OF INTEREST POLICIES - THE POLICY CONCERNING AVOIDANCE OF CONFLICTS OF INTEREST WHICH COVERS ALL INDIVIDUALS SERVING ON THE MIT EXECUTIVE COMMITTEE (MIT'S GOVERNING BODY) AND CORPORATION, AND THE SECTION OF MIT'S POLICIES AND PROCEDURES TITLED CONFLICT OF INTEREST, WHICH IS GENERALLY APPLICABLE TO ALL MEMBERS OF THE MIT COMMUNITY. ANNUAL DISCLOSURE BOTH POLICIES REQUIRE THAT COVERED INDIVIDUALS ANNUALLY ACKNOWLEDGE IN WRITING THAT THEY ARE AWARE OF THE POLICY AND IDENTIFY ANY RELATIONSHIPS OR RESPONSIBILITIES THAT HAVE THE POTENTIAL OF PRODUCING CONFLICTS OF INTEREST. EACH YEAR, DISCLOSURE FORMS ARE DISTRIBUTED TO THOSE COVERED BY THESE POLICIES. IF A RESPONSE REVEALS A CONFLICT OR POTENTIAL CONFLICT, SUCH CONFLICT IS REFERRED TO THE APPROPRIATE INDIVIDUAL OR BODY FOR CONSIDERATION AND MANAGEMENT. AD HOC DISCLOSURE IN ADDITION TO THE ANNUAL DISCLOSURE PROCESS, POTENTIAL CONFLICTS OF INTEREST OF INDIVIDUALS SERVING ON THE MIT EXECUTIVE COMMITTEE, ON THE CORPORATION OR AS OFFICERS, ARE RAISED, CONSIDERED AND ADDRESSED ON AN AD HOC BASIS. UNDER THE POLICY CONCERNING AVOIDANCE OF CONFLICTS OF INTEREST, IF A MATTER COMES BEFORE THE CORPORATION OR EXECUTIVE COMMITTEE THAT INVOLVES A PERSONAL OR BUSINESS OR OTHER FINANCIAL INTEREST OF A MEMBER OR OFFICER OF THE CORPORATION OR A MEMBER OF HIS OR HER IMMEDIATE FAMILY, THE INDIVIDUAL IS REQUIRED TO DISCLOSE THE INTEREST, REFRAIN FROM PARTICIPATING IN THE DISCUSSION OF THE MATTER (EXCEPT AS NECESSARY TO ANSWER QUESTIONS ASKED BY THE OTHER CORPORATION OR EXECUTIVE COMMITTEE MEMBERS) AND REFRAIN FROM VOTING AND BEING PRESENT WHEN THE VOTE IS TAKEN. IF THE MATTER INVOLVES ONGOING DECISION MAKING OR INVOLVEMENT, THE CORPORATION OR EXECUTIVE COMMITTEE CONTINUES TO MONITOR AND MANAGE THE CONFLICT. WITH RESPECT TO OFFICERS, MIT RELIES UPON A COMBINATION OF THE ANNUAL DISCLOSURES, THE OFFICERS' OBLIGATIONS TO DEVOTE THEIR FULL TIME AND EFFORT TO THE INSTITUTE, THE OFFICERS' FIDUCIARY OBLIGATION TO THE INSTITUTE AND THE OFFICERS' JUDGMENT TO ENSURE THAT CONFLICTS ARE IDENTIFIED. IF A CONFLICT IS IDENTIFIED, THE CONFLICT IS EITHER ELIMINATED OR MANAGED.
Form 990, Part VI, Line 15a Process to establish compensation of top management officialTHE SALARY SUBCOMMITTEE, A COMMITTEE DESIGNATED BY THE EXECUTIVE COMMITTEE OF THE MIT CORPORATION, REVIEWS DATA ON AN ANNUAL BASIS REGARDING PAY COMPARISONS OF OTHER PEER INSTITUTIONS AND SURVEY DATA COLLECTED BY WILLIS TOWERS WATSON. UPON REVIEW AND DISCUSSION OF THE DATA AND PERFORMANCE FEEDBACK FOR THE INDIVIDUAL, THE SALARY SUBCOMMITTEE MAKES A COMPENSATION DECISION. THE COMMITTEE'S DELIBERATIONS ARE RECORDED IN A TIMELY MANNER IN THE MEETING MINUTES.
Form 990, Part VI, Line 15b Process to establish compensation of other employeesTHE SALARY SUBCOMMITTEE, A COMMITTEE DESIGNATED BY THE EXECUTIVE COMMITTEE OF THE MIT CORPORATION, REVIEWS DATA ON AN ANNUAL BASIS REGARDING PAY COMPARISONS OF OTHER PEER INSTITUTIONS AND SURVEY DATA COLLECTED BY WILLIS TOWERS WATSON. UPON REVIEW AND DISCUSSION OF THE DATA AND PERFORMANCE FEEDBACK FOR THE INDIVIDUAL, THE SALARY SUBCOMMITTEE MAKES A COMPENSATION DECISION. THE COMMITTEE'S DELIBERATIONS ARE RECORDED IN A TIMELY MANNER IN THE MEETING MINUTES.
Form 990, Part VI, Line 19 Required documents available to the publicTHE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON MIT'S WEBSITE HTTP://WEB.MIT.EDU.
Form 990, Part VII, Section A, Line 1a, Column (C) POSITIONSIn prior years, the individual holding the position of Chair of the MIT Corporation was identified as being both an Officer and Director/Trustee. The Chair is designated as an officer of MIT in its bylaws, and the role has not changed. However, since Form 990 defines an officer as involved in management of daily operations, and the Chair's responsibilities as specified in the bylaws do not include such activity, MIT is identifying the Chair only as a Director/Trustee for Form 990 reporting purposes.
Form 990, Part XI, Line 9 Other changes in net assets or fund balancesNET CHANGE IN LIFE INCOME FUNDS - 94483000; POSTRETIREMENT PLAN CHANGES OTHER THAN NET PERIODIC BENEFIT COSTS - 1875291000; OTHER CHANGES - 378630000;

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (108 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
MIT Private Equity LLC
77 Massachusetts Avenue NE49-3142c/o MITCambridgeMA02139043490003InvestmentsDE-$597$3,043Massachusetts Institute of Technology
MIT Private Equity Management Company LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142043490002InvestmentsDE-$125,065$0Massachusetts Institute of Technology
MIT Private Equity Management Company II LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142431964717InvestmentsDE$0$0Massachusetts Institute of Technology
MIT Private Equity Management Company III LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142204639870InvestmentsDE$0$0Massachusetts Institute of Technology
MIT Private Equity Management Company IV LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142261356780InvestmentsDE$0$0Massachusetts Institute of Technology
Cassini GP LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142823143463InvestmentsDE-$2,500$116Massachusetts Institute of Technology
PEF LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142261424379InvestmentsDE$321,598$1,249,487MIT Private Equity Fund III LP
12 Emily Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464257627Real EstateMA$2,385,551$43,800,000Massachusetts Institute of Technology
134 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464682035Real EstateMA-$1,917$0Massachusetts Institute of Technology
134 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464695223Real EstateMA-$2,850$0Massachusetts Institute of Technology
177 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464279029Real EstateMA$0$0Massachusetts Institute of Technology
281-295 Albany Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464298517Real EstateMA$469,555$65,200,000Massachusetts Institute of Technology
424-456 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464509441Real EstateMA-$48,013$25,650,000Massachusetts Institute of Technology
610 Main Street North Trustee LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142822075860Real EstateMA$0$0Massachusetts Institute of Technology
610 Main Street South Trustee LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814640391Real EstateMA$0$0Massachusetts Institute of Technology
610-700 Main Street Garage Trustee LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814652351Real EstateMA$0$0Massachusetts Institute of Technology
620 Memorial Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464249493Real EstateMA$4,602,049$127,000,000Massachusetts Institute of Technology
650 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814613270Real EstateMA$0$0Massachusetts Institute of Technology
700 Main Street Trustee LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814626823Real EstateMA$0$0Massachusetts Institute of Technology
MIT 1010 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814484968Real EstateMA-$3,020$0Massachusetts Institute of Technology
MIT 1010 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814469185Real EstateMA$128,920$24,000,000Massachusetts Institute of Technology
MIT 1039 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814457119Real EstateMA-$3,019$0Massachusetts Institute of Technology
MIT 1039 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814444669Real EstateMA$120,965$11,300,000Massachusetts Institute of Technology
MIT 117 Waverly Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814676654Real EstateMA-$3,439$0Massachusetts Institute of Technology
MIT 117 Waverly Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814682284Real EstateMA-$57$13,200,000Massachusetts Institute of Technology
MIT 119 Pacific Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814431009Real EstateMA-$3,019$0Massachusetts Institute of Technology
MIT 119 Pacific Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814417032Real EstateMA$32,045$4,760,000Massachusetts Institute of Technology
MIT 12 Emily Street LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464268263Real EstateMA-$1,917$0Massachusetts Institute of Technology
MIT 128 Sidney Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464318943Real EstateMA$2,710,290$48,500,000Massachusetts Institute of Technology
MIT 128 Sidney SPE LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464329881Real EstateMA-$3,085$0Massachusetts Institute of Technology
MIT 130 Brookline Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142811727616Real EstateMA$2,628,034$69,200,000Massachusetts Institute of Technology
MIT 130 Brookline LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464339718Real EstateMA-$3,917$0Massachusetts Institute of Technology
MIT 139 Main Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814763660Real EstateMA-$3,049$0Massachusetts Institute of Technology
MIT 139 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814781556Real EstateMA$3,287,101$73,500,000Massachusetts Institute of Technology
MIT 142 Waverly Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814361993Real EstateMA-$2,938$0Massachusetts Institute of Technology
MIT 142 Waverly Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814324924Real EstateMA-$345,995$12,200,000Massachusetts Institute of Technology
MIT 148 Sidney Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464350211Real EstateMA$1,371,181$23,300,000Massachusetts Institute of Technology
MIT 148 Sidney SPE LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464400934Real EstateMA-$3,057$0Massachusetts Institute of Technology
MIT 149 Sidney Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464419735Real EstateMA$2,612,987$47,754,000Massachusetts Institute of Technology
MIT 149 Sidney SPE LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464439009Real EstateMA-$3,058$0Massachusetts Institute of Technology
MIT 165 Main Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142834453569Real EstateMA-$20,663$0Massachusetts Institute of Technology
MIT 165 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142834466591Real EstateMA$0$143,313,862Massachusetts Institute of Technology
MIT 17 Tudor Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142811419417Real EstateMA$106,440$13,200,000Massachusetts Institute of Technology
MIT 170171 Sidney LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464653513Real EstateMA$175,074$10,134,100Massachusetts Institute of Technology
MIT 177 Massachusetts Avenue LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464289160Real EstateMA$0$0Massachusetts Institute of Technology
MIT 181 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814347511Real EstateMA-$5,717$59,700,000Massachusetts Institute of Technology
MIT 181 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142475534204Real EstateMA-$32,491$0Massachusetts Institute of Technology
MIT 187 Sidney Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142815069171Real EstateMA-$3,521$0Massachusetts Institute of Technology
MIT 187 Sidney Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142815075628Real EstateMA-$31,635$1,220,000Massachusetts Institute of Technology
MIT 22 Magazine Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142813420155Real EstateMA-$3,020$0Massachusetts Institute of Technology
MIT 22 Magazine Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142813433185Real EstateMA$589,164$12,980,000Massachusetts Institute of Technology
MIT 233 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814402096Real EstateMA-$3,019$0Massachusetts Institute of Technology
MIT 233 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814398640Real EstateMA$199,797$6,675,000Massachusetts Institute of Technology
MIT 238 Main Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142853270400Real EstateMA-$1,600$0Massachusetts Institute of Technology
MIT 238 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814497262Real EstateMA$12,623$535,443,931Massachusetts Institute of Technology
MIT 252 Albany Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814703355Real EstateMA-$3,439$0Massachusetts Institute of Technology
MIT 252 Albany Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814711384Real EstateMA-$3,729$0Massachusetts Institute of Technology
MIT 266 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142861794386Real EstateMA-$174$0Massachusetts Institute of Technology
MIT 266 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142862388741Real EstateMA$53,080$5,270,067Massachusetts Institute of Technology
MIT 281-295 Albany Street LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464307186Real EstateMA-$1,917$0Massachusetts Institute of Technology
MIT 289 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142811170989Real EstateMA-$3,027$0Massachusetts Institute of Technology
MIT 289 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142812439067Real EstateMA$53,698$6,900,000Massachusetts Institute of Technology
MIT 290 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142873412304Real EstateMA$0$0Massachusetts Institute of Technology
MIT 300 Third LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464480264Real EstateMA$1,097,139$39,645,000Massachusetts Institute of Technology
MIT 314 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814514745Real EstateMA$5,715,617$687,900,000Massachusetts Institute of Technology
MIT 351 Vassar LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464168318Real EstateMA$67,817$3,020,000Massachusetts Institute of Technology
MIT 38 Henry Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814736181Real EstateMA-$3,439$0Massachusetts Institute of Technology
MIT 38 Henry Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814750562Real EstateMA-$69,503$3,200,000Massachusetts Institute of Technology
MIT 415 Main Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142811153762Real EstateMA-$55,738$0Massachusetts Institute of Technology
MIT 415 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142811136944Real EstateMA$5,751,470$137,000,000Massachusetts Institute of Technology
MIT 424-456 Massachusetts Avenue LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464493299Real EstateMA-$3,470$0Massachusetts Institute of Technology
MIT 589 Putnam Avenue Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142815179715Real EstateMA-$1,835$0Massachusetts Institute of Technology
MIT 589 Putnam Avenue Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142815189010Real EstateMA$15,072$1,745,000Massachusetts Institute of Technology
MIT 600 Main Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142815094585Real EstateMA-$2,312$0Massachusetts Institute of Technology
MIT 600 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142815115630Real EstateMA-$142,957$0Massachusetts Institute of Technology
MIT 620 Memorial LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464238931Real EstateMA-$3,935$0Massachusetts Institute of Technology
MIT 636 Putnam Avenue LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142465619441Real EstateMA-$77,781$2,480,000Massachusetts Institute of Technology
MIT 640 Memorial Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142461548002Real EstateMA-$1,581$77,000Massachusetts Institute of Technology
MIT 640 Memorial SPE LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464596884Real EstateMA-$21,452$23,930,173Massachusetts Institute of Technology
MIT 650 Main Street LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464611506Real EstateMA-$29,909$43,040,000Massachusetts Institute of Technology
MIT 7 Landsdowne Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142815259291Real EstateMA-$2,198$0Massachusetts Institute of Technology
MIT 730 and 750 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814571861Real EstateMA-$3,791$0Massachusetts Institute of Technology
MIT 75 Hamilton Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142815130627Real EstateMA-$2,312$0Massachusetts Institute of Technology
MIT 75 Hamilton Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142815146006Real EstateMA$111,326$2,100,000Massachusetts Institute of Technology
MIT 750 Main Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814562956Real EstateMA-$2,958$0Massachusetts Institute of Technology
MIT 750 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814544139Real EstateMA$0$0Massachusetts Institute of Technology
MIT 770790 Memorial LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464667544Real EstateMA$847,917$28,030,000Massachusetts Institute of Technology
MIT 782 Main Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814380573Real EstateMA-$3,018$0Massachusetts Institute of Technology
MIT 782 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814368863Real EstateMA$103,539$9,590,000Massachusetts Institute of Technology
MIT 8 Carleton Street LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464523741Real EstateMA-$2,102$0Massachusetts Institute of Technology
MIT 840 Main Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142474957426Real EstateMA-$3,003$0Massachusetts Institute of Technology
MIT 840 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142812421079Real EstateMA$1,979$6,190,000Massachusetts Institute of Technology
MIT 882 Main Street Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142812999684Real EstateMA-$3,006$0Massachusetts Institute of Technology
MIT 882 Main Street Leasehold LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142812972818Real EstateMA-$44,851$1,355,000Massachusetts Institute of Technology
MIT 99 Erie LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464550283Real EstateMA$186,593$6,010,000Massachusetts Institute of Technology
MIT Cambridge Real Estate LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142812653478Real EstateMA$0$0Massachusetts Institute of Technology
MIT East 300 Block JV LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814600471Real EstateMA-$9,950$633,979Massachusetts Institute of Technology
MIT One Broadway Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464562852Real EstateMA-$1,282$0Massachusetts Institute of Technology
MIT One Broadway LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142464581832Real EstateMA$3,368,158$430,000,000Massachusetts Institute of Technology
MIT OT Master Tenant Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142834030770Real EstateMA$6,113$46,363,310Massachusetts Institute of Technology
MIT Site N LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142042103594Real EstateMA$0$0Massachusetts Institute of Technology
MIT Site P LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142042103594Real EstateMA$0$0Massachusetts Institute of Technology
MIT Site Q LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142042103594Real EstateMA$0$0Massachusetts Institute of Technology
MIT Site S LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142474560662Real EstateMA$0$0Massachusetts Institute of Technology
MIT West 300 Block JV LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142814529876Real EstateMA-$2,061$0Massachusetts Institute of Technology
MIT West 300 Block Mass Ave Fee Owner LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142820966258Real EstateMA$522,275$26,960,000Massachusetts Institute of Technology
Tech Square JV LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142205242541Real EstateMA-$1,917$0Massachusetts Institute of Technology
MIT Real Estate LLC
1 Broadway 9th Floorc/o MITCambridgeMA02142810643869Real EstateMA$2,141,411$183,038,100Massachusetts Institute of Technology

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (12 entries)

Address Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
MIT International Inc
77 MASSACHUSETTS AVENUENE49-3142CAMBRIDGEMA02139812731492EDUCATIONMA501(c)(3)7Massachusetts Institute of TechnologyYes (true)
MIT Enterprise Forum Inc
ONE MAIN STREET13th FLOORCAMBRIDGEMA02142042921492EDUCATIONMA501(c)(3)10TECHNOLOGY REVIEW INCYes (true)
MGHPCC Holyoke Inc
100 BIGELOW STREETHOLYOKEMA01040452257442RESEARCHMA501(c)(3)NAfalse
Technology Broadcasting Corporation
3 AMES STREETCAMBRIDGEMA02142237154684RADIOMA501(c)(3)10Massachusetts Institute of TechnologyYes (true)
Technology Review Inc
ONE MAIN STREET13th FLOORCAMBRIDGEMA02142954893200PUBLICATIONMA501(c)(3)Massachusetts Institute of TechnologyYes (true)
The Massachusetts Green High Performance Computing Center Inc
100 BIGELOW STREETHOLYOKEMA01040273014805RESEARCHMA501(c)(3)NAfalse
The Lord Foundation of Massachusetts Inc
77 MASSACHUSETTS AVENUENE49-3142CAMBRIDGEMA02139042748895MIT SUPPORTMA501(c)(3)Massachusetts Institute of TechnologyYes (true)
Kendall Partners I Inc
77 MASSACHUSETTS AVENUENE49-3142CAMBRIDGEMA02139270565900TITLE HOLDMA501(c)(2)Massachusetts Institute of TechnologyYes (true)
Massachusetts Institute of Technology Welfare Benefit Plans Trust
77 MASSACHUSETTS AVENUENE49-3142CAMBRIDGEMA02139043177556HEALTH BENEFITSMA501(c)(3)Massachusetts Institute of TechnologyYes (true)
MIT Real Estate Foundation Inc
77 MASSACHUSETTS AVENUENE49-3142CAMBRIDGEMA02139043397800REAL ESTATEMA501(c)(3)Massachusetts Institute of TechnologyYes (true)
The Center for Reimagining Learning Inc
One Broadway14TH FLOORCAMBRIDGEMA02142460807740EDUCATIONMA501(c)(3)NAfalse
Fidelity Non-Profit Management Foundation
11 KEEWAYDIN DRSUITE 100SALEMNH03079223195349GRANTMAKINGDE501(c)(3)NAfalse

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (28 entries)

EINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtDisproportionate AllocationsDisproportionateAllocationsIndUBI Code VUBICodeVAmtGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPctAddress Line1USAddress/AddressLine1TxtAddress Line2USAddress/AddressLine2TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdLegal Domicile StateLegalDomicileStateCd
Alchemy Plan (Cambridge) LP
980203250InvestmentsUKMassachusetts Institute of TechnologyExcluded$676$1,446,826false$0false0.0099
Altimeter Special Situations Series Fund LP
844942386InvestmentsMassachusetts Institute of TechnologyExcluded$5,879,471$105,787,017false$0false0.0058One International PlaceSuite 4610BostonMA02110DE
Browning West Cayman SPV 1 LP
981508693InvestmentsCJMassachusetts Institute of TechnologyExcluded-$1,353,783$63,835,572false$0false0.0065
Cassini Partners LP
823143653InvestmentsMassachusetts Institute of TechnologyExcluded$318,764,105$2,695,042,729false$0false0.96921 Broadway9th FloorCambridgeMA02142DE
CSWR Partners LP
833990390InvestmentsMassachusetts Institute of TechnologyExcluded$14,275,737$177,811,350false$0false0.00999 Joann CircleWestportCT06880DE
Hephaestus Energy Fund LP
364747789InvestmentsMIT Investments 2010 LPExcluded-$14,189,238$23,539,264false-$455,529false0.0110000 Memorial DriveSuite 550HoustonTX77024TX
Ithuba Investments LP
474243976InvestmentsMIT Investments 2010 LPExcluded-$4,402,434$102,988,916false$0false0.0093 Columbus Circle15th FloorNew YorkNY10019DE
KCC Opportunity Fund I-A LP
InvestmentsCAMIT Investments 2010 LPExcluded$2,436$30,766,074false$0false0.01
Leviathan Real Estate Partners LLC
473349186InvestmentsMassachusetts Institute of TechnologyExcluded$6,986,973$68,955,204false$4,710,930false0.0083116 Huntington AvenueSuite 600BostonMA02116DE
Magnolia BOC I LP
824397267InvestmentsMassachusetts Institute of TechnologyExcluded$0$146,567,632false$0false0.00981411 Harney StreetSuite 200OmahaNE68102DE
Magnolia Capital Opportunity Fund LP
832072527InvestmentsMassachusetts Institute of TechnologyExcluded$4,831,442$185,299,527false$0false0.011601 Dodge Street3300OmahaNE68102DE
Mallard Fund LP
208974201InvestmentsMassachusetts Institute of TechnologyExcluded$6,006,707$55,842,705false-$60,928false0.00912000 McKinney AvenueSuite 2125DallasTX75201TX
Merckx Capital Partners LP
364711803InvestmentsMIT Investments 2010 LPExcluded$38,590,204$183,700,424false$0false0.0077555 California StreetSuite 4900San FranciscoCA94104DE
MIT Investments 2009 LP
270896088InvestmentsMassachusetts Institute of TechnologyExcluded$61,459,697$172,352,386false$4,038,264Yes (true)0.009377 Massachusetts AvenueNE49-3142CambridgeMA02139DE
MIT Investments 2010 LP
270542081InvestmentsMassachusetts Institute of TechnologyExcluded$1,217,517,290$6,986,811,116false-$12,130,194Yes (true)0.0177 Massachusetts AvenueNE49-3142CambridgeMA02139DE
MIT Private Equity Fund LP
043490004InvestmentsMIT Private Equity LLCExcluded-$302,897$2,935,577false$0false0.004177 Massachusetts AvenueNE49-3142CambridgeMA02139DE
MIT Private Equity Fund II LP
450480232InvestmentsMIT Private Equity II LLCExcluded$63,061$4,191,135false$0false0.00477 Massachusetts AvenueNE49-3142CambridgeMA02139DE
MIT Private Equity Fund III LP
204640729InvestmentsMIT Private Equity III LLCExcluded$612,277$9,524,572false$174,847false0.002877 Massachusetts AvenueNE49-3142CambridgeMA02139DE
MIT Private Equity Fund IV LP
261349728InvestmentsMIT Private Equity IV LLCExcluded$30,496$622,903false$353false0.002677 Massachusetts AvenueNE49-3142CambridgeMA02139DE
MIT Private Equity II LLC
753066771InvestmentsMassachusetts Institute of TechnologyExcluded$315$134,822false$0Yes (true)0.0177 Massachusetts AvenueNE49-3142CambridgeMA02139DE
MIT Private Equity III LLC
204639783InvestmentsMassachusetts Institute of TechnologyExcluded$4,648$217,663false$1,329Yes (true)0.0177 Massachusetts AvenueNE49-3142CambridgeMA02139DE
MIT Private Equity IV LLC
261356668InvestmentsMassachusetts Institute of TechnologyExcluded$1,504,833$2,373,812false$17,499Yes (true)0.0177 Massachusetts AvenueNE49-3142CambridgeMA02139DE
Mudita Archimedes LP
813445986InvestmentsMIT Investments 2010 LPExcluded$3,620,793$152,095,607false$0false0.0092535 Pacific Avenue4th FloorSan FranciscoCA94133DE
Mudita Original Onshore Feeder LP
825151455InvestmentsMassachusetts Institute of TechnologyExcluded$3,756,946$23,653,551false$20,690false0.0083535 Pacific Avenue4th FloorSan FranciscoCA94133DE
North Bridge Venture Partners IV-B LP
043484722InvestmentsMassachusetts Institute of TechnologyExcluded$0$4,557,556false$0false0.007860 William StreetSuite 350WellesleyMA02481DE
Standard Partners Fund LP
371762191InvestmentsMIT Investments 2010 LPExcluded-$329,194$8,810,313false$0false0.0068309 Hawthorne PlaceLawrencevilleNJ08648DE
Wexford MIT Energy II LP
760787877InvestmentsMassachusetts Institute of TechnologyExcluded-$28,965,473$5,186,628false-$37,125false0.0091677 Washington BlvdSuite 500StamfordCT06901CT
Wexford MIT Energy Advisors LLC
300132333InvestmentsMassachusetts Institute of TechnologyExcluded-$61,621$2,163,681false-$64,436false0.0066777 South Flager DriveSuite 602 EastWest Palm BeachFL33401DE

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (20 entries)

Address Line1ForeignAddress/AddressLine1TxtAddress Line2ForeignAddress/AddressLine2TxtCityForeignAddress/CityNmProvince Or StateForeignAddress/ProvinceOrStateNmCountryForeignAddress/CountryCdForeign PostalForeignAddress/ForeignPostalCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile Foreign CountryLegalDomicileForeignCountryCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtShare Of Total IncomeShareOfTotalIncomeAmtShare Of EOY AssetsShareOfEOYAssetsAmtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINLegal Domicile StateLegalDomicileStateCdAddress Line2USAddress/AddressLine2TxtDirect Controlling NADirectControllingNACd
ABG Capital
Citco Mauritius Limited4th Floor Tower ACybercityEbeneMP72201InvestmentsMPMIT Investments 2010 LPC Corporation-$63,025,080$231,222,2970.01Yes (true)
AtomVest Offshore Fund Limited
190 Elgin AvenueGeorgetownGrand CaymanCJKY19007InvestmentsCJMassachusetts Institute of TechnologyC Corporation$36,843,662$199,728,3290.0077Yes (true)
Foxhaven Capital (Offshore) Ltd
PO Box 309 Ugland Housec/o Maples Corporate Services LtdGeorgetownGrand CaymanCJKY11104InvestmentsCJMIT Investments 2010 LPC Corporation$70,793,069$236,965,4730.0053Yes (true)
Gaoling Feeder II Ltd
27 Hospital Roadc/o Walkers Corporate Services LtdGeorgetownGrand CaymanCJKY19008InvestmentsCJMassachusetts Institute of TechnologyC Corporation$62,248,394$283,784,3960.0071Yes (true)
Hyde Park Capital Limited
InvestmentsUKMassachusetts Institute of TechnologyC Corporation$17,311$36,163,1770.01Yes (true)
MIT EndowmentPatron Scotland LP
50 Lothian Road Festival SquareEdinburghMidlothianUKEH39BYInvestmentsUKMassachusetts Institute of TechnologyC Corporation$672,000$1,359,0000.0099Yes (true)
MIT Patron GP Limited
50 Lothian Road Festival SquareEdinburghMidlothianUKEH39BYInvestmentsUKMassachusetts Institute of TechnologyC Corporation$0$00.01Yes (true)
Bose Corporation
Product DevelopmentMassachusetts Institute of TechnologyC CorporationYes (true)The MountainFraminghamMA01701042655386DE
Protego Blocker LLC
InvestmentsMassachusetts Institute of TechnologyC Corporation$0$285,9500.01Yes (true)77 Massachusetts AvenueCambridgeMA02139811672568MANE49-3142
MIT India Trust
InvestmentsINMassachusetts Institute of TechnologyTrust$0$1,5300.01Yes (true)
MIT Press Limited
PublicationUKMIT International IncC Corporation$1,218,735$312,2330.01Yes (true)
MIT Chile Foundation
Education and ResearchCIMIT International IncC Corporation$0$00.01Yes (true)
MIT Egypt for Research Education and Innovation
Education and ResearchEGMIT International IncC Corporation$0$990,0600.01Yes (true)
The Engine Accelerator Inc
Innovation SupportMassachusetts Institute of TechnologyC Corporation$6,069,999$7,304,4660.01Yes (true)501 Massachusetts AvenueCambridgeMA02139814518296MA
Charitable Lead Trust (1)
InvestmentsTrust046854498MAN/A
Charitable Remainder Trusts (399)
InvestmentsTrustN/A
MIT Pooled Income Funds (3)
InvestmentsTrustMAN/A
Perpetual Trusts (16)
InvestmentsTrustN/A
Terra Australis Property Fund II
Level 12 89 York StreetSydneyNSWAS2000InvestmentsASMITC Corporation$36,676$1,941,7410.8781Yes (true)
TAP II Active Co Pty Limited
Level 12 89 York StreetSydneyNSWAS2000InvestmentsASTerra Australis Property Fund IIC Corporation$0$00.8781Yes (true)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (true)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (true)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationYes (true)DivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesfalseSharingOfFacilitiesInd
Paid Employees SharingfalsePaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (true)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (true)ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (true)TransferToOtherOrgInd
Transfer From Other OrgYes (true)TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (57 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
ABG Capital
B$814,076Cash
ABG Capital
S$72,692,027Cash
Altimeter Special Situations Series Fund LP
B$100,000,000Cash
Browning West Cayman SPV 1 LP
A$37,230Cash
Bose Corporation
F$5,275,088Cash
Cassini Partners LP
A$2,384,491Cash
Cassini Partners LP
B$1,560,654,259Cash
Cassini Partners LP
S$818,937,544Cash
CSWR Partners LP
A$8,865Cash
CSWR Partners LP
B$101,000,000Cash
CSWR Partners LP
S$6,954,525Cash
Fidelity Non-Profit Management Foundation
C$7,070,000Cash
Foxhaven Capital (Offshore) Ltd
S$31,000,000Cash
Gaoling Feeder II
S$259,565,884Cash
Ithuba Investments LP
A$37Cash
Ithuba Investments LP
S$3,534,998Cash
KCC Opportunity Fund I-A LP
B$39,690,000Cash
Leviathan Real Estate Partners LLC
A-$242,438Cash
Leviathan Real Estate Partners LLC
B$2,125,000Cash
Leviathan Real Estate Partners LLC
S$17,295,168Cash
The Lord Foundation of Massachusetts Inc
S$294,023,868Cash
Magnolia Capital Opportunity Fund LP
A$159Cash
Mallard Fund LP
A$191,490Cash
Massachusetts Institute of Technology Welfare Benefit Plans Trust
R$2,381,000Cash
Merckx Capital Partners LP
A$71,748Cash
MIT International Inc
B$129,674Cash
MIT International Inc
C$7,793,117Cash
MIT Investments 2009 LP
A$1,942,892Cash
MIT Investments 2009 LP
S$75,744,457Cash
MIT Investments 2010 LP
A$9,386,693Cash
MIT Investments 2010 LP
S$976,721,207Cash
MIT Press Limited
E$496,188Cash
MIT Press Limited
S$1,352,323Cash
MIT Private Equity Fund LP
A$1,383Cash
MIT Private Equity Fund LP
S$77,245Cash
MIT Private Equity Fund II LP
A$8,782Cash
MIT Private Equity Fund II LP
S$898,331Cash
MIT Private Equity Fund III LP
A$36,576Cash
MIT Private Equity Fund III LP
S$2,217,662Cash
MIT Private Equity Fund IV LP
A$124Cash
MIT Private Equity Fund IV LP
S$1,258,550Cash
MIT Private Equity II LLC
A$44Cash
MIT Private Equity III LLC
A$277Cash
MIT Private Equity IV LLC
A$6,170Cash
Mudita Archimedes LP
B$49,945,584Cash
Mudita Archimedes LP
S$13,960,843Cash
Mudita Original Onshore Feeder LP
A$82,839Cash
Standard Partners Fund LP
A$3,655Cash
Technology Review Inc
B$4,806,315Cash
Technology Review Inc
P$1,879,707Cash
The Engine Accelerator Inc
A$150,965Cash
The Engine Accelerator Inc
D$10,869,988Cash
Wexford MIT Energy II LP
A$20,930Cash
Wexford MIT Energy Advisors LLC
A$1,476Cash
MIT Real Estate Foundation Inc
C$1,644,840CASH
Terra Australis Property Fund II
F$370,512Cash
Terra Australis Property Fund II
S$1,364,582Cash

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule R, Part IVMIT IS THE OWNER OF A MAJORITY OF BOSE CORPORATION'S SHARES, ALTHOUGH MIT HOLDS ONLY CLASS B SHARES. CLASS B SHAREHOLDERS HAVE THE RIGHT TO RECEIVE THE SAME DISTRIBUTIONS WITH RESPECT TO THEIR STOCK AS DO CLASS A SHAREHOLDERS. CLASS B SHAREHOLDERS HAVE NO VOTING POWER OVER BOARD MEMBERSHIP, CORPORATE GOVERNANCE OR OPERATIONAL MATTERS. CLASS B SHAREHOLDERS ARE NOT PERMITTED TO SELL THEIR STOCK WITHOUT THE APPROVAL OF THE BOSE BOARD.
Schedule R, Part IIAS A RESULT OF MIT'S CONTROL OF AN ORGANIZATION THAT CONTROLS ANOTHER ORGANIZATION WHICH SERVES AS THE CENTRAL ORGANIZATION UNDER A GROUP EXEMPTION, MIT HAS RELATED ORGANIZATIONS THAT ARE SUBORDINATE ORGANIZATIONS INCLUDED IN A GROUP EXEMPTION. PURSUANT TO IRS INSTRUCTIONS, THESE ORGANIZATIONS ARE NOT REQUIRED TO BE SEPARATELY LISTED ON SCHEDULE R.