Anonymous Alumnus Makes Unrestricted Gift of $140 Million to Massachusetts Institute of Technology

Last week MIT announced that an anonymous alumnus pledged $140 million to the University to support “any facet of the Institute’s educational and research mission.” “No one has ever made it through life without someone else’s help. As a past recipient of MIT’s generous financial aid, I benefited tremendously from the opportunity to pursue my MIT education and am extremely appreciative of all the ways that MIT has shaped me,” the donor said. The MIT News Office lauded the gift for its flexibility and noted how crucial unrestricted gifts are to the University’s general operations.

To read the full story, visit MIT News.  Article originally published on 6.7.17. Photo credit: Niall Kennedy, Flickr.

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