CAMBRIDGE, MA
Massachusetts Institute Of Technology
Quick Facts
- EIN
- 04-2103594
- Location
- CAMBRIDGE, MA
- Category
- Education
- NTEE Code
- B430
- Total Assets
- $39.9B
- Annual Income
- $10.6B
- Annual Revenue
- $5.9B
- IRS Ruling Year
- 1926
- Tax Subsection
- 501(c)(03)
About This Organization
Massachusetts Institute Of Technology is a nonprofit organization based in CAMBRIDGE, MA. It received its IRS tax-exempt ruling in 1926. The organization is classified under IRC Section 501(c)(03). It operates in the area of education. Total assets are reported at $39.9B. Annual income is $10.6B. The organization has received $59.4M in foundation grants from 14 funders. It has received $39.1B in federal awards from 5 agencies.
Grants Received from Foundations
Foundation grants awarded to Massachusetts Institute Of Technology, based on IRS 990-PF filings.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| The Eric And Wendy Schmidt Fund For Strategic Innovation | $6M | 2024 | TO SUPPORT MIT'S PLASMA SCIENCE AND FUSION CENTER |
| Freedom Together Foundation | $5.5M | 2024 | THE PICOWER INSTITUTE INNOVATION FUND (PIIF) |
| Laura And John Arnold Foundation | $3.5M | 2024 | TO SUPPORT J-PAL NORTH AMERICA, INCLUDING BY FUNDING LANDMARK RANDOMIZED EVALUATIONS, EXPANDING THE CAPACITY AND DIVERSITY OF RESEARCHERS WHO WORK ON RANDOMIZED EVALUATIONS, TRANSLATING FINDINGS INTO ACTIONABLE INSIGHTS THAT INFORM POLICY AT SCALE, AND INSTITUTIONALIZING THE USE OF EVIDENCE AS A DRIVING FORCE BEHIND U.S. POLICYMAKING. |
| Laura And John Arnold Foundation | $3M | 2024 | TO SUPPORT THE ABDUL LATIF JAMEEL POVERTY ACTION LAB NORTH AMERICA IN ITS WORK TO GENERATE RANDOMIZED CONTROLLED TRIALS THAT MEASURE THE IMPACT OF SOCIAL PROGRAMS AND POLICIES. |
| Manton Foundation | $2.6M | 2024 | FOR THE CENTER FOR GYNEPATHOLOGY RESEARCH |
| Gates Foundation | $2.3M | 2024 | DISCOVERY AND TRANSLATIONAL SCIENCES |
| Gates Foundation | $2.3M | 2024 | VACCINE DEVELOPMENT |
| Gates Foundation | $1.7M | 2024 | EMPOWER WOMEN AND GIRLS |
| Freedom Together Foundation | $1.7M | 2024 | PICOWER FELLOWS PROGRAM |
| The Eric And Wendy Schmidt Fund For Strategic Innovation | $1.5M | 2024 | SUPPORT FOR SCIENTIFIC RESEARCH ON A COLLABORATIVE APPROACH TO CONVERTING INDUSTRY WASTE INTO FOOD AND FEED INGREDIENTS |
| Gates Foundation | $1.5M | 2024 | HIV |
| Laura And John Arnold Foundation | $1.5M | 2024 | TO CONSTRUCT A CYCLOTRON FACILITY AND PROCURING THE INSTALLATION OF THE FIRST 30 MEV PROTON BEAM WITHIN THE CYCLOTRON FACILITY. |
| Gates Foundation | $1.4M | 2024 | AGRICULTURAL DEVELOPMENT |
| Gates Foundation | $1.3M | 2024 | U.S. ECONOMIC MOBILITY & OPPORTUNITY |
| Laura And John Arnold Foundation | $1.3M | 2024 | TO SUPPORT THE STATE AND LOCAL INNOVATION INITIATIVE ("SLII") OF GRANTEE'S ABDUL LATIF JAMEEL POVERTY ACTION LAB ("J-PAL") NORTH AMERICA. |
| Gates Foundation | $1.2M | 2024 | EARLY LEARNING; RESEARCH, LEARNING & INNOVATION OPPORTUNITIES |
| Gates Foundation | $1.2M | 2024 | AGRICULTURAL DEVELOPMENT |
| Gates Foundation | $1.2M | 2024 | EMPOWER WOMEN AND GIRLS; FAMILY PLANNING |
| The Eric And Wendy Schmidt Fund For Strategic Innovation | $1.2M | 2024 | TO PROVIDE SUPPORT FOR BRICKS VS BONDS: MINIMUM TECHNOLOGICAL BUILDING BLOCKS. |
| The Eric And Wendy Schmidt Fund For Strategic Innovation | $1.1M | 2024 | SUPPORT FOR M3 PILOT FOR MIT OFFICE OF RESEARCH COMPUTING AND DATA |
| Aphorism Foundation | $1M | 2024 | GENERAL SUPPORT |
| Walton Family Foundation Inc. | $1M | 2024 | To support a new charter school research collaborative which will equip policymakers, funders, and the research community with rigorous, policy-relevant evidence on charter school performance and long-term outcomes. |
| The Eric And Wendy Schmidt Fund For Strategic Innovation | $893K | 2024 | SUPPORT FOR PREPARING FOR A NEW WORLD OF WEATHER AND CLIMATE EXTREMES |
| Gates Foundation | $890K | 2024 | DISCOVERY AND TRANSLATIONAL SCIENCES |
| The Eric And Wendy Schmidt Fund For Strategic Innovation | $854K | 2024 | SUPPORT FOR BRINGING COMPUTATION TO THE CLIMATE CHALLENGE - IMPROVING CLIMATE MODEL PROJECTIONS AND TOOLS |
| David And Lucile Packard Foundation | $836K | 2024 | Environment and Science |
| Gordon E And Betty I Moore Foundation | $785K | 2024 | IN SUPPORT OF RESEARCH TO DEVELOP CHIRAL-BASED MOLECULAR QUANTUM SENSORS FOR BIOLOGICAL APPLICATIONS. |
| Freedom Together Foundation | $750K | 2024 | DR. TONEGAWA'S RESEARCH PROGRAM |
| Gates Foundation | $750K | 2024 | VACCINE DEVELOPMENT |
| The Grantham Foundation For The Protection Of The Environment | $750K | 2024 | CLIMATE SCIENCE & POLICY RESEARCH |
| Gates Foundation | $733K | 2024 | VACCINE DEVELOPMENT |
| David And Lucile Packard Foundation | $575K | 2024 | Environment and Science |
| Freedom Together Foundation | $500K | 2024 | LI-HUEI TSAI'S RESEARCH PROGRAM |
| Gates Foundation | $469K | 2024 | DISCOVERY AND TRANSLATIONAL SCIENCES |
| Gates Foundation | $452K | 2024 | K-12 EDUCATION |
| Laura And John Arnold Foundation | $451K | 2024 | TO ASSESS AND ESTIMATE THE AMOUNT OF HOME HEALTH CARE FRAUD IN THE UNITED STATES AND THE EFFECT OF ALTERNATIVE POLICY INTERVENTIONS ON REDUCING IMPROPER HOME HEALTH CARE USE. |
| Gates Foundation | $405K | 2024 | U.S. ECONOMIC MOBILITY & OPPORTUNITY |
| Alfred P Sloan Foundation | $403K | 2024 | TO EXPAND AND DIVERSIFY THE COMMUNITY OF RESEARCHERS CONDUCTING RANDOMIZED CONTROLLED TRIALS (RCTS) THAT INVESTIGATE AND ADDRESS THE UNDERLYING CAUSES OF RACIAL INEQUITY |
| Gates Foundation | $401K | 2024 | NUTRITION |
| Peter And Carmen Lucia Buck Foundation Inc. | $400K | 2024 | BLUEPRINT LABS: CHARTER SCHOOL RESEARCH COLLABORATIVE |
| Peter And Carmen Lucia Buck Foundation Inc. | $400K | 2024 | BLUEPRINT LABS: CHARTER SCHOOL RESEARCH COLLABORATIVE |
| Bloomberg Family Foundation Inc. | $400K | 2024 | TO IMPROVE OUTCOMES FOR K-12 STUDENTS IN THE U.S. |
| Laura And John Arnold Foundation | $347K | 2024 | TO SUPPORT THE ABDUL LATIF JAMEEL POVERTY ACTION LAB ("J-PAL") NORTH AMERICA COMMUNITY SAFETY AND CRIMINAL JUSTICE REFORM INITIATIVE, WITH THE OVERALL GOAL OF SPURRING NEW EVALUATIONS AND EVIDENCE ON CRIMINAL LEGAL POLICY BY FUNDING, SUPPORTING, AND DISSEMINATING EVIDENCE FROM PROMISING RANDOMIZED EVALUATIONS. |
| Alfred P Sloan Foundation | $314K | 2024 | TO EXPAND, DIVERSIFY, AND SUPPORT THE COMMUNITY OF METASCIENCE RESEARCHERS CONDUCTING RANDOMIZED CONTROLLED TRIALS THAT TEST WAYS OF STRENGTHENING THE PROCESSES AND PACE OF SCIENTIFIC PROGRESS |
| Gordon E And Betty I Moore Foundation | $300K | 2024 | TO EXPLORE NEW FORMS OF QUANTUM MATTER WITH STRONG MAGNETIC INTERACTIONS USING DYSPROSIUM ATOMS AND A NEW SUPERRESOLUTION TECHNIQUE TO POSITION ATOMS WITH 50 NM RESOLUTION. |
| The Eric And Wendy Schmidt Fund For Strategic Innovation | $299K | 2024 | SUPPORT FOR REMAKING THE FUTURE OF WORK: NEW TECHNOLOGIES TO COMPLEMENT EXPERTISE AND AUGMENT DECISION-MAKING |
| Gates Foundation | $254K | 2024 | AGRICULTURAL DEVELOPMENT |
| Smith Richardson Foundation Inc. | $251K | 2024 | GENERAL OPERATING SUPPORT |
| Freedom Together Foundation | $250K | 2024 | PICOWER FELLOWS PROGRAM DRS. PRESCOTT AND WEISSBOURD |
| Gates Foundation | $250K | 2024 | INCLUSIVE FINANCIAL SYSTEMS |
Federal Awards Received
Federal grants and cooperative agreements from USAspending.gov.
| Agency | Program | Amount | Year |
|---|---|---|---|
| Department of Health and Human Services | 4649 awards totaling $13,427,895,461 | $13.4B | 2025 |
| Department of Energy | 1713 awards totaling $10,452,336,679 | $10.5B | 2025 |
| Department of Defense | 2951 awards totaling $7,927,801,050 | $7.9B | 2025 |
| National Science Foundation | 2804 awards totaling $5,784,023,989 | $5.8B | 2025 |
| National Aeronautics and Space Administration | 1886 awards totaling $1,481,576,159 | $1.5B | 2025 |
Frequently Asked Questions
What does Massachusetts Institute Of Technology do?
Massachusetts Institute Of Technology is a nonprofit organization focused on education, based in CAMBRIDGE, MA. It is classified under IRC Section 501(c)(03).
Who funds Massachusetts Institute Of Technology?
Massachusetts Institute Of Technology has received foundation grants from The Eric And Wendy Schmidt Fund For Strategic Innovation, Freedom Together Foundation, Laura And John Arnold Foundation, and others. It has also received federal awards from Department of Health and Human Services, Department of Energy, Department of Defense, among others.
What is Massachusetts Institute Of Technology's annual revenue?
Massachusetts Institute Of Technology reports total assets of $39.9B. Annual income is $10.6B.
Where is Massachusetts Institute Of Technology located?
Massachusetts Institute Of Technology is located in CAMBRIDGE, MA.
Is Massachusetts Institute Of Technology a 501(c)(3)?
Yes, Massachusetts Institute Of Technology is a 501(c)(3) tax-exempt organization. Its EIN is 04-2103594. Donations to this organization may be tax-deductible.
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