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  • Giving to MIT
    KI At MIT scientists and engineers work together to develop new and powerful ways to detect diagnose and treat cancer Find out more MIT Energy Initiative The MITEI connects all of MIT s energy related research in an interdisciplinary portfolio approach to addressing the world s energy problems Find out more Global Initiative At MIT we harness streams of converging ideas by creating new interdisciplinary centers programs and labs with

    Original URL path: http://giving.mit.edu/ (2014-09-22)
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  • Priorities | Giving to MIT
    ideas come together in new ways illuminating mysteries making sparks fly and fostering intellectual breakthroughs But these extraordinary interactions need a strong financial foundation We will rely on the support of our alumni and friends as we work to strengthen the Institute s work and defend its leadership position in these key areas Unrestricted giving Simply put an unrestricted gift is the most important contribution you can make to MIT Unrestricted gifts help maintain the extraordinary depth and breadth of our intellectual endeavors Just as important they give the Institute the ability to respond quickly to emerging opportunities MIT Energy Initiative MITEI The scope of the world s energy problems calls for a comprehensive portfolio of responses to environmental economic scientific security and political issues To address problems of this scale the work must be done on all fronts Under MITEI Institute researchers are fast at work on that portfolio with an interdisciplinary plan to address energy needs in both the short and the long term The David H Koch Institute for Integrative Cancer Research KI grows out of MIT s proven strengths in molecular biology genetics cell biology and immunology But what makes this new enterprise so unique is

    Original URL path: http://giving.mit.edu/priorities/ (2014-09-22)
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  • Ways to give | Giving to MIT
    is a two way street Donors tell us that they feel good about helping a world class institution or changing a student s life or changing the course of history while deriving tax benefits advancing retirement planning and accomplishing many other worthy purposes The form that your particular gift takes should reflect your specific needs and circumstances Keep in mind that in all cases no matter whether you make a

    Original URL path: http://giving.mit.edu/ways/ (2014-09-22)
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  • Supporters | Giving to MIT
    large part to generations of steadfast support from alumni friends and others MIT is extremely grateful for the generosity of those who have helped the Institute through financial support and with gifts of time and attention to achieve its goals of imparting a transformative education nurturing ground breaking research and sustaining a strong and vibrant MIT community Our support comes from a variety of sources Individuals Foundations Corporations Volunteers MIT

    Original URL path: http://giving.mit.edu/supporters/ (2014-09-22)
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  • FAQs | Giving to MIT
    s top current funding priorities A gift to your School or department will be credited in the Annual Fund What is the Institute s tax identification number Our tax identification number is 04 2103594 MIT is a 501 c 3 institution and your gift is tax deductible within the limitations of U S federal income tax laws What are the tax advantages of making a gift to MIT There are significant tax benefits associated with many kinds of gifts to MIT Please review specific information for the type of gift you are contemplating in the Ways to give section of this Web site What kind of gift to MIT would offer me the greatest tax advantage Each donor s situation is unique Although the Ways to give area outlines many of the tax benefits of giving to MIT you should consult with your tax advisor to determine which type of gift would offer the greatest tax advantage for you What s the difference between an endowed fund and an expendable fund I m unfamiliar with some of the terminology of philanthropy How can I find out what these terms mean It s true When you make a charitable donation you re likely to encounter a lot of specialized terminology Here s a brief definition of an endowed fund and here s one of an expendable fund For help in deciphering more of the lingo of philanthropy check out our glossary of giving terms Annual Fund What is the MIT Annual Fund The MIT Annual Fund is the annual solicitation effort conducted by the MIT Alumni Association and is similar to the annual funds operated by other philanthropic organizations The Annual Fund campaign runs annually from July 1 to June 30 Each year the Fund credits the first 100 000 of any gift from all alumni for any purpose Total gifts to MIT over the course of the year thus far exceed the dollars reported in the Fund Other components of the MIT Annual Fund include gifts from non alumni parents gifts from widows widowers and other friends and corporate matching gifts What do gifts to the MIT Annual Fund support Gifts to all purposes are included in the MIT Annual Fund Alumni may designate their gifts however they choose but most elect to support one or more of MIT s top fundraising priorities such as unrestricted giving the Campaign for Students the MIT Energy Initiative MITEI the David H Koch Institute for Integrative Cancer Research or global initiatives Other popular areas of support include Schools or academic departments and class projects What is the deadline for my gift to be included in this year s Annual Fund total The Annual Fund year runs from July 1 through June 30 How does gift crediting work at MIT Every gift you make to the Institute will be credited to your personal giving record your class or graduate department your reunion gift where applicable and the MIT Annual Fund up to 100 000

    Original URL path: http://giving.mit.edu/faqs/ (2014-09-22)
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  • Contact us | Giving to MIT
    MIT If so we want to answer it Send us an e mail by filling out the form below or feel free to phone us at 617 253 0129 We will respond to you in timely fashion To make a gift by check please make your check payable to MIT and mail it to MIT Annual Fund Massachusetts Institute of Technology 600 Memorial Drive W98 200 Cambridge MA 02139 4822

    Original URL path: http://giving.mit.edu/contact/ (2014-09-22)
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  • Mechanics of giving | Ways to give | Giving to MIT
    adjust your gift at any time by calling 617 253 8270 Your online donation is secure and flexible and as long as your gift is active you will receive fewer requests for your support throughout the year Set up your recurring gift by credit card now If you have questions about your recurring gift contact the MIT Annual Fund office at 617 253 8270 back to top Bank wire transfers ACH Gifts in U S dollars and in foreign currency may be wired directly from your bank to MIT s bank by providing your bank with the following wire transfer instructions Name of bank to wire funds Bank of America NA Bank address Bank of America NA 100 Federal Street Boston MA 02110 WIRE PAYMENT ABA Routing Number 026 009 593 ACH ABA Routing Number 011 000 138 SWIFT Code BOFAUS3N DDA Account Number 004622832542 MIT RSO Gift Receipts Wire Details Please include Name of MIT Program or MIT account number or MIT invoice number to credit NOTE It is important to determine which ABA Routing Number is appropriate based on the type of transfer the routing number for ACH transactions is not the same as the routing number for wire transactions The transfer will not be received by our bank if the incorrect routing number is used When transferring funds from one account to another there is a choice between ACH automated clearing house or wire transfer ACH transactions use a batch process The transactions that are received by the bank during the day are stored and processed all together overnight which makes the funds available to the recipient the following day Wire transactions are generally received the same day they are initiated NOTE The International Bank Account Number IBAN is the international standard for identifying international bank accounts across national borders At present the United States does not participate in IBAN Therefore Bank of America does not have an IBAN number It is critical when making a wire transfer that you alert MIT in advance so that the gift will be properly credited when received at MIT s bank To advise of an anticipated wire transfer please send a fax letter or e mail to the Office of the Recording Secretary see contact information below with the following information Name of donor Amount of wire transfer If gift is not in U S dollars specify currency i e Japanese yen Euro dollars Euros Swedish krona etc Purpose of gift gift designation Name location of sending bank Date of expected transfer Please send all U S or foreign bank wire transfer information to MIT Office of the Recording Secretary Fax 617 258 8316 Phone 617 253 5048 E mail JavaScript must be enabled to view this email address If you have questions please feel free to contact us back to top Electronic funds transfers EFTs and payroll deductions Electronic funds transfers Some donors may prefer to make their gifts by electronic funds transfer EFT With your authorization MIT can

    Original URL path: http://giving.mit.edu/ways/mechanics/ (2014-09-22)
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  • MIT Annual Fund | Individuals | Supporters | Giving to MIT
    is afoot to change this and MIT alumni parents current students and friends are leading the way Purpose To underscore MIT s excellence through widespread annual support Goal Increase alumni participation and in particular unrestricted support of the Institute Encourage annual giving among other members of the community who wish to organize to support the Institute Participants needed Alumni parents current students and friends In short you make the difference

    Original URL path: http://giving.mit.edu/supporters/individuals/mit-annual-fund/ (2014-09-22)
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