Organizations Filed Purposes:
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: 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: MIT IS COMMITTED TO PROVIDING A WORLD-CLASS EDUCATION TO OUR APPROXIMATELY 4,600 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: 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 2018-2019, APPROXIMATELY 59% 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.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Seth Alexander | President of MITIMCo | 60 | $2,091,833 |
| Steven Marsh | Senior VP - MITIMCo | 60 | $1,829,305 |
| Thomas Wieand | Global Investment Professional - MITIMCO | 60 | $1,315,287 |
| Matthew Fisher | Global Investment Professional - MITIMCO | 60 | $1,269,094 |
| Ryan Akkina | Global Investment Professional - MITIMCO | 60 | $1,256,661 |
| Joel Cohen | Global Investment Professional - MITIMCO | 60 | $1,164,084 |
| L Rafael Reif | President | 60 | $1,123,159 |
| Israel Ruiz | Executive VP and Treasurer | 60 | $770,726 |
| R Gregory Morgan | Senior VP and Secretary (Outgoing) | 60 | $758,257 |
| Martin Schmidt | Provost | 60 | $705,016 |
| Sanjay Sarma | VP for Open Learning | 60 | $601,085 |
| Eric Evans | Director of Lincoln Laboratory | 60 | $560,072 |
| Julie Lucas | VP for Resource Development | 60 | $534,600 |
| Mark Divincenzo | VP and General Counsel | 60 | $489,204 |
| Maria Zuber | VP for Research | 60 | $473,863 |
| Cynthia Barnhart | Chancellor | 60 | $471,541 |
| W Eric Grimson (former Chancellor) | Chancellor for Academic Advancement | 40 | $412,275 |
| Kirk Kolenbrander | Vice President | 60 | $372,456 |
| Claude Canizares (former Vice President) | Professor | 40 | $358,411 |
| Chris Kaiser (former Provost) | Professor | 40 | $355,838 |
| Robert Millard | Chair of the Corporation | 60 | $352,668 |
| Suzanne Glassburn | Vice President and Secretary (Incoming) | 60 | $264,082 |
| Mark P Gorenberg | Executive Committee Member | 5 | $0 |
| Barrie R Zesiger | Executive Committee Member | 5 | $0 |
| Susan E Whitehead | Executive Committee Member | 5 | $0 |
| John A Thain | Executive Committee Member | 5 | $0 |
| Alan G Spoon | Executive Committee Member | 5 | $0 |
| Diana C Walsh | Executive Committee Member | 5 | $0 |
| Ursula M Burns | Executive Committee Member | 5 | $0 |
| Denis A Bovin | Executive Committee Member | 5 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202021969349301592_public.xml