Educational Organization

Massachusetts Institute of Technology (MIT)

Cambridge, MA • The 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.

Massachusetts Institute of Technology (MIT)
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Massachusetts Institute of Technology (MIT)


Massachusetts Institute of Technology (MIT) is a educational organization university. With $4.4bn in revenue and 25269 employees, it is a relatively large organization. Massachusetts Institute of Technology (MIT) is headquartered in Cambridge, MA. In recent tax filings, the organization reported expenses of $3.9bn.

This profile was created with publicly available data obtained from the Internal Revenue Service and the nonprofit organization’s website. ALMA has no affiliation with this organization and has not independently verified this information or otherwise vetted the charity.

Massachusetts Institute of Technology (MIT)


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Cambridge, MA
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Massachusetts Institute of Technology (MIT)

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Mission and Work


The 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.

Sponsored Research

$1.5bn annual program spend • 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.

Instruction and Unsponsored Research

$1.0bn annual program spend • Mit is committed to providing a world-class education to our approximately 4,500 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 five schools (science; engineering; humanities, arts & social sciences; architecture & planning; and management) create the foundation of a rigorous mit education, which is heightened by service to communities around the world.

Scholarships and Fellowships

$347m annual program spend • 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 2017-2018, 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.

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Your donation will be made to a donor advised fund at Philanthropic Ventures Foundation (PVF), a 501(c)3 public charity, EIN 94-3136771, with a recommendation that PVF make a corresponding grant to Massachusetts Institute of Technology (MIT). ALMA works with PVF in order to facilitate donations to charities. Please see our Terms of Use and FAQs to learn more about the donation process.