Form990
Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
A For the 2019 calendar year, or tax year beginning 07-01-2019 , and ending 06-30-2020
BCheck if applicable:
CName of organization
Massachusetts Institute of Technology
 
 
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
77 MASSACHUSETTS AVENUE NE49-3142
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Cambridge, MA021394307
D Employer identification number

04-2103594
E Telephone number

G Gross receipts $ 11,367,780,000
F Name and address of principal officer:
L RAFAEL REIF
77 MASSACHUSETTS AVENUE
Cambridge,MA02139
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
http://web.mit.edu
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1861
M State of legal domicile: MA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: 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.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 10
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 7
5 Total number of individuals employed in calendar year 2019 (Part V, line 2a) ...... 5 26,214
6 Total number of volunteers (estimate if necessary) ............. 6 18,677
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a -4,565,000
b Net unrelated business taxable income from Form 990-T, line 39 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 1,038,607,000 1,014,222,000
9 Program service revenue (Part VIII, line 2g) ......... 2,475,023,000 2,452,821,000
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 1,536,401,000 1,235,777,000
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 258,578,000 101,375,000
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 5,308,609,000 4,804,195,000
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 658,108,000 680,991,000
14 Benefits paid to or for members (Part IX, column (A), line 4).....   0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 1,794,225,000 1,889,151,000
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 1,434,000 460,000
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet56,737,000    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 1,621,299,000 1,594,915,000
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 4,075,066,000 4,165,517,000
19 Revenue less expenses. Subtract line 18 from line 12....... 1,233,543,000 638,678,000
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 27,518,235,000 30,065,085,000
21 Total liabilities (Part X, line 26)............. 4,965,684,000 6,269,508,000
22 Net assets or fund balances. Subtract line 21 from line 20..... 22,552,551,000 23,795,577,000
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2019)
Form 990 (2019)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: 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.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 1,633,048,000 including grants of $ 108,075,000 ) (Revenue $ 1,572,380,000 )
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.
4b (Code:   ) (Expenses $ 1,221,347,000 including grants of $ 91,254,000 ) (Revenue $ 808,724,000 )
INSTRUCTION AND UNSPONSORED RESEARCH: MIT IS COMMITTED TO PROVIDING A WORLD-CLASS EDUCATION TO OUR APPROXIMATELY 4,600 UNDERGRADUATES AND APPROXIMATELY 7,000 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 SIX SCHOOLS AND COLLEGES (SCIENCE; ENGINEERING; HUMANITIES, ARTS & SOCIAL SCIENCES; ARCHITECTURE & PLANNING; MANAGEMENT; AND COMPUTING) CREATE THE FOUNDATION OF A RIGOROUS MIT EDUCATION, WHICH IS HEIGHTENED BY SERVICE TO COMMUNITIES AROUND THE WORLD.
4c (Code:   ) (Expenses $ 469,804,000 including grants of $ 469,804,000 ) (Revenue $   )
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 2019-2020, APPROXIMATELY 60% 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.
(Code:   ) (Expenses $ 104,939,000 including grants of $ 11,858,000 ) (Revenue $ 270,047,000 )
THIS ITEM CONSISTS OF OTHER EXPENDITURES (INCLUDING GRANTS) INCURRED, AND REVENUES GENERATED IN CONNECTION WITH MIT'S OTHER PROGRAM SERVICES RELATED TO VARIOUS ACTIVITIES IN FURTHERANCE OF AND IN SUPPORT OF MIT'S EXEMPT MISSION WHICH INCLUDED BUT WERE NOT LIMITED TO SUCH THINGS AS FEES AND SERVICES (FOR EXAMPLE, MEDICAL DEPARTMENT, TECHNOLOGY LICENSING OFFICE), AUXILIARY ENTERPRISES (FOR EXAMPLE, HOUSING, DINING), AND OTHER MISCELLANEOUS PROGRAM SERVICE REVENUE.
4d Other program services (Describe in Schedule O.)
(Expenses $ 104,939,000 including grants of $ 11,858,000 ) (Revenue $ 270,047,000 )
4e Total program service expensesMediumBullet3,429,138,000
Form 990 (2019)
Form 990 (2019)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part I.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment.........
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part III..
5
 
 
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment.........................
6
Yes
 
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment..............
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IV..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IX............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XII......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....
15
 
No
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...Click to see attachment
16
Yes
 
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I(see instructions) ....Click to see attachment
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............
18
 
No
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
Form 990 (2019)
Form 990 (2019)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............Click to see attachment
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I ....
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part II...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part III.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................Click to see attachment
28a
Yes
 
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
28b
Yes
 
c
A 35% controlled entity of one or more individuals and/or organizations described in lines 28a or 28b? If "Yes," complete Schedule L, Part IV.....................
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
No
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ..
1a
21,376
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2019)
Form 990 (2019)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
26,214
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletHK , HU , IN , AR , IS , JA , KS , AS , MP , RP , PL , SN , BG , TH , TU , UK , BR , VI , CJ , CI , CH , EZ , GH , GK
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
Yes
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
2
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
No
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
No
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
No
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see instructions and file Form 4720, Schedule N.
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
Yes
 
Form 990 (2019)
Form 990 (2019)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
10
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
7
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
Yes
 
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
Yes
 
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
Yes
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedMediumBullet
CA , MA , OK
18
Section 6104 requires an organization to make its Form 1023 (or 1024-A if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletDANIELLE KHOURY77 MASSACHUSETTS AVENUE NE49-3142   Cambridge,MA02139 (617) 253-4835
Form 990 (2019)
Form 990 (2019)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

See instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) Israel Ruiz
 
Executive VP and Treasurer
 60.0
.................
4.0 		X   X       868,577 0 58,016
(2) L Rafael Reif
 
President
 60.0
.................
0.3 		X   X       1,182,914 0 492,346
(3) Robert Millard
 
Chair of the Corporation
 60.0
.................
0 		X   X       364,318 0 49,419
(4) Alan G Spoon
 
Executive Committee Member
 5.0
.................
0 		X           0 0 0
(5) David M Siegel
 
Executive Committee Member
 5.0
.................
0 		X           0 0 0
(6) Denis A Bovin
 
Executive Committee Member
 5.0
.................
0 		X           1,000 0 0
(7) John A Thain
 
Executive Committee Member
 5.0
.................
0 		X           0 0 0
(8) Mark P Gorenberg
 
Executive Committee Member
 5.0
.................
0 		X           0 0 0
(9) Nancy C Andrews
 
Executive Committee Member
 5.0
.................
0 		X           0 0 0
(10) Susan E Whitehead
 
Executive Committee Member
 5.0
.................
0 		X           0 0 0
(11) Ursula M Burns
 
Executive Committee Member
 5.0
.................
0 		X           0 0 0
(12) Suzanne Glassburn
 
Vice President and Secretary
 60.0
.................
0 		    X       329,243 0 66,089
(13) Cynthia Barnhart
 
Chancellor
 60.0
.................
0.3 		      X     506,633 0 51,751
(14) Eric Evans
 
Director of Lincoln Laboratory
 60.0
.................
0 		      X     579,980 0 72,887
(15) Julie Lucas
 
VP for Resource Development
 60.0
.................
0 		      X     577,647 0 43,124
(16) Maria Zuber
 
VP for Research
 60.0
.................
4.0 		      X     490,529 0 71,312
(17) Mark DiVincenzo
 
VP and General Counsel
 60.0
.................
1.0 		      X     518,042 0 74,906
Form 990 (2019)
Form 990 (2019)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) Martin Schmidt
 
Provost
 60.0
.......................5.3 		      X     755,469 0 76,469
(19) Sanjay Sarma
 
VP for Open Learning
 60.0
.......................1.0 		      X     511,055 0 68,172
(20) Seth Alexander
 
President of MITIMCo
 60.0
.......................3.0 		      X     2,161,624 0 383,937
(21) Joel Cohen
 
Global Investment Professional - MITIMCO
 60.0
.......................0 		        X   1,289,681 0 254,099
(22) Matthew Fisher
 
Global Investment Professional - MITIMCO
 60.0
.......................0 		        X   1,435,179 0 267,664
(23) Ryan Akkina
 
Global Investment Professional - MITIMCO
 60.0
.......................0 		        X   1,423,846 0 287,065
(24) Steven Marsh
 
Senior VP - MITIMCo
 60.0
.......................1.0 		        X   2,083,659 0 436,960
(25) Thomas Wieand
 
Global Investment Professional - MITIMCO
 60.0
.......................0 		        X   1,494,252 0 298,707
(26) Claude Canizares (Former VP)
 
Professor
 40.0
.......................0 		          X 369,658 0 63,201
(27) Kirk Kolenbrander
 
Former VP
 40.0
.......................0 		          X 129,362 0 29,988






1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 17,072,669 0 3,146,112
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet5,133
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
TURNER CONSTRUCTION COMPANY

2 SEAPORT LANE
BOSTON,MA02210 		CONSTRUCTION 377,337,727
BOND BROTHERS INC

10 CABOT ROAD
SUITE 300
MEDFORD,MA02155 		CONSTRUCTION 82,361,536
WALSH BROTHERS INCORPORATED

210 COMMERCIAL STREET
BOSTON,MA02109 		CONSTRUCTION 61,213,423
JOHN MORIARTY & ASSOCIATES

3 CHURCH STREET
SUITE 2
WINCHESTER,MA01890 		CONSTRUCTION 36,205,524
CONSIGLI CONSTRUCTION CO

266 SUMMER STREET
BOSTON,MA02210 		CONSTRUCTION 27,364,994
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet648
Form 990 (2019)
Form 990 (2019)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c  
d Related organizations1d 5,377,000
e Government grants (contributions)1e 421,023,000
f All other contributions, gifts, grants, and similar amounts not included above1f 587,822,000
g Noncash contributions included in lines 1a - 1f:$ 1g 68,738,000
h Total. Add lines 1a-1f.......MediumBullet 1,014,222,000
Program Service RevenueAmt Business Code
2a Sponsored Research Contracts 900099 1,374,050,000 1,374,050,000    
b Fees and Services 900099 154,066,000 152,253,000 1,813,000  
c Other Programs 900099 46,717,000 46,717,000    
d Tuition 900099 762,007,000 762,007,000    
e Auxiliary Enterprises 900099 115,981,000 115,975,000 6,000  
f All other program service revenue. 0 0 0 0
g Total. Add lines 2a–2f .....MediumBullet 2,452,821,000
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 37,179,000   -6,384,000 43,563,000
4 Income from investment of tax-exempt bond proceedsMediumBullet        
5 Royalties...........MediumBullet 58,565,000     58,565,000
(ii) Personal (i) Real
6a Gross rents   92,248,000 6a
b Less: rental expenses   49,438,000 6b
c Rental income or (loss) 0 42,810,000 6c
d Net rental income or (loss).......MediumBullet 42,810,000     42,810,000
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory 5,294,533,000 2,418,212,000 7a
b Less: cost or other basis and sales expenses 4,071,386,000 2,442,761,000 7b
c Gain or (loss) 1,223,147,000 -24,549,000 7c
d Net gain or (loss).........MediumBullet 1,198,598,000     1,198,598,000
8a Gross income from fundraising events (not including $   of contributions reported on line 1c). See Part IV, line 18 ....
8a  
b Less: direct expenses ... 8b  
c Net income or (loss) from fundraising events..MediumBullet      
9a Gross income from gaming activities.
See Part IV, line 19 ...
9a  
b Less: direct expenses ... 9b  
c Net income or (loss) from gaming activities..MediumBullet        
10a Gross sales of inventory, less
returns and allowances ..
10a  
b Less: cost of goods sold .. 10b  
c Net income or (loss) from sales of inventory..MediumBullet        
Business Code Miscellaneous Revenue
11a            
b            
c            
d All other revenue .... 0 0 0 0
e Total. Add lines 11a–11d ...... MediumBullet 0
12 Total revenue. See instructions.....MediumBullet 4,804,195,000 2,451,002,000 -4,565,000 1,343,536,000
Form 990 (2019)
Form 990 (2019)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 9,712,000 9,712,000
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 669,133,000 669,133,000
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 2,146,000 2,146,000
4 Benefits paid to or for members .......    
5 Compensation of current officers, directors, trustees, and key employees ........... 10,065,000 1,797,000 7,630,000 638,000
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 775,000 425,000 350,000  
7 Other salaries and wages........ 1,462,364,000 1,072,288,000 356,014,000 34,062,000
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 92,034,000 67,852,000 22,214,000 1,968,000
9 Other employee benefits ....... 224,272,000 165,187,000 54,431,000 4,654,000
10 Payroll taxes ........... 99,641,000 73,460,000 24,050,000 2,131,000
11 Fees for services (non-employees):        
a Management ......        
b Legal ......... 37,279,000   37,279,000  
c Accounting ........... 1,791,000   1,791,000  
d Lobbying ...........        
e Professional fundraising services. See Part IV, line 17 460,000 460,000
f Investment management fees ...... 7,219,000   7,219,000  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 169,299,000 149,385,000 19,914,000 0
12 Advertising and promotion .... 12,846,000 11,320,000 1,526,000  
13 Office expenses ....... 23,606,000 18,108,000 2,425,000 3,073,000
14 Information technology ...... 66,651,000 58,196,000 7,811,000 644,000
15 Royalties .. 38,036,000 38,036,000    
16 Occupancy ........... 209,888,000 176,417,000 32,691,000 780,000
17 Travel ............ 69,336,000 58,699,000 8,106,000 2,531,000
18 Payments of travel or entertainment expenses for any federal, state, or local public officials .        
19 Conferences, conventions, and meetings .... 31,997,000 26,861,000 3,586,000 1,550,000
20 Interest ........... 116,777,000 102,922,000 13,289,000 566,000
21 Payments to affiliates .......        
22 Depreciation, depletion, and amortization .. 201,659,000 175,671,000 25,066,000 922,000
23 Insurance ... 17,687,000 15,623,000 2,064,000  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a Subrecipient Agreements 159,540,000 159,540,000    
b Equipment 96,727,000 85,259,000 11,468,000  
c Lab Supplies 38,141,000 33,406,000 4,735,000  
d
e All other expenses 296,436,000 257,695,000 35,983,000 2,758,000
25 Total functional expenses. Add lines 1 through 24e 4,165,517,000 3,429,138,000 679,642,000 56,737,000
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2019)
Form 990 (2019)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 140,258,000 1 62,775,000
2 Savings and temporary cash investments ......... 1,601,304,000 2 1,089,635,000
3 Pledges and grants receivable, net ...... 469,316,000 3 494,502,000
4 Accounts receivable, net ............. 361,082,000 4 337,409,000
5 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
0 6 0
7 Notes and loans receivable, net ........... 135,158,000 7 135,394,000
8 Inventories for sale or use ............ 6,089,000 8 5,896,000
9 Prepaid expenses and deferred charges ...... 195,042,000 9 180,640,000
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 6,334,817,000
b Less: accumulated depreciation 10b 2,028,048,000 3,993,253,000 10c 4,306,769,000
11 Investments—publicly traded securities . 1,753,151,000 11 2,400,192,000
12 Investments—other securities. See Part IV, line 11 ..... 18,765,869,000 12 20,959,800,000
13 Investments—program-related. See Part IV, line 11 .. 0 13  
14 Intangible assets ............... 0 14  
15 Other assets. See Part IV, line 11 ........... 97,713,000 15 92,073,000
16 Total assets. Add lines 1 through 15 (must equal line 33)... 27,518,235,000 16 30,065,085,000
Liabilities 17 Accounts payable and accrued expenses ..... 583,334,000 17 628,883,000
18 Grants payable ... 0 18  
19 Deferred revenue ......... 484,182,000 19 502,861,000
20 Tax-exempt bond liabilities ......... 693,262,000 20 888,728,000
21 Escrow or custodial account liability. Complete Part IV of Schedule D 0 21  
22 Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 2,475,159,000 23 3,305,289,000
24 Unsecured notes and loans payable to unrelated third parties .. 0 24  
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D 729,747,000 25 943,747,000
26 Total liabilities. Add lines 17 through 25.. 4,965,684,000 26 6,269,508,000
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 8,973,777,000 27 9,285,022,000
28 Net assets with donor restrictions ........... 13,578,774,000 28 14,510,555,000
Organizations that do not follow FASB ASC 958, check here MediumBullet and complete lines 29 through 33.
29 Capital stock or trust principal, or current funds ..... 0 29 0
30 Paid-in or capital surplus, or land, building or equipment fund ... 0 30 0
31 Retained earnings, endowment, accumulated income, or other funds 0 31 0
32 Total net assets or fund balances ........... 22,552,551,000 32 23,795,577,000
33 Total liabilities and net assets/fund balances ........ 27,518,235,000 33 30,065,085,000
Form 990 (2019)
Form 990 (2019)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
4,804,195,000
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
4,165,517,000
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
638,678,000
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
22,552,551,000
5
Net unrealized gains (losses) on investments ...............
5
720,154,000
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-115,806,000
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
23,795,577,000
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2019)
Form 990 (2019)
Additional Data


Software ID: 19010655
Software Version: 2019v5.0
Form 990, Special Condition Description:
Special Condition Description
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ.
right arrow Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. 963,130,000 1,028,323,000 875,797,000 1,038,607,000 1,014,222,000 4,920,079,000
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....           0
3 The value of services or facilities furnished by a governmental unit to the organization without charge..           0
4 Total. Add lines 1 through 3 963,130,000 1,028,323,000 875,797,000 1,038,607,000 1,014,222,000 4,920,079,000
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. 0
6 Public support. Subtract line 5 from line 4. 4,920,079,000
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (f) Total
7 Amounts from line 4.. 963,130,000 1,028,323,000 875,797,000 1,038,607,000 1,014,222,000 4,920,079,000
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 290,513,000 254,357,000 302,748,000 412,937,000 187,992,000 1,448,547,000
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 0 0 0 0 0 0
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 0 0 0 0 0 0
11 Total support. Add lines 7 through 10 6,368,626,000
12
12
11,449,871,000
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................right arrow
Section C. Computation of Public Support Percentage
14
14
77.25 %
15
15
76.7 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose            
3 Gross receipts from activities that are not an unrelated trade or business under section 513 .....            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge            
6 Total. Add lines 1 through 5            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support. (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 12 of Part I. If you checked 12a of Part I, complete Sections A and B. If you checked 12b of Part I, complete Sections A and C. If you checked 12c of Part I, complete Sections A, D, and E. If you checked 12d of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 12a or 12b in Part I, answer (b) and (c) below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined in line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described in (a) above?
11b
 
 
c
A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer (a) and (b) below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer (a) and (b) below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by .035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 7
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity		  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations  
4 Amounts paid to acquire exempt-use assets  
5 Qualified set-aside amounts (prior IRS approval required)  
6 Other distributions (describe in Part VI). See instructions  
7Total annual distributions. Add lines 1 through 6.  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions		  
9 Distributable amount for 2019 from Section C, line 6  
10 Line 8 amount divided by Line 9 amount  
Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2019 		(iii)
Distributable
Amount for 2019
1 Distributable amount for 2019 from Section C, line 6  
2 Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI).
See instructions.		  
3 Excess distributions carryover, if any, to 2019:
a From 2014.......  
b From 2015.......  
c From 2016.......  
d From 2017.......  
e From 2018.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2019 distributable amount  
i Carryover from 2014 not applied (see
instructions) 		 
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.  
4Distributions for 2019 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2019 distributable amount  
c Remainder. Subtract lines 4a and 4b from 4.  
5 Remaining underdistributions for years prior to
2019, if any. Subtract lines 3g and 4a from line 2.
If the amount is greater than zero, explain in Part VI.
See instructions.		  
6 Remaining underdistributions for 2019. Subtract
lines 3h and 4b from line 1. If the amount is greater
than zero, explain in Part VI. See instructions.		  
7 Excess distributions carryover to 2020. Add lines
3j and 4c.		  
8 Breakdown of line 7:
a Excess from 2015.....  
b Excess from 2016.....  
c Excess from 2017.....  
d Excess from 2018.....  
e Excess from 2019.....  
Schedule A (Form 990 or 990-EZ) (2019)

Schedule A (Form 990 or 990-EZ) 2019
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A (Form 990 or 990-EZ) 2019


Additional Data


Software ID: 19010655
Software Version: 2019v5.0
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2019)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019) Page 2
Name of organization
Massachusetts Institute of Technology
  		Employer identification number
04-2103594
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
 
 
 
 
  ,    

$ RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
Page 3
Name of organization
Massachusetts Institute of Technology
  		Employer identification number

04-2103594
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)
Page 4
Name of organization
Massachusetts Institute of Technology
  		Employer identification number

04-2103594
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2019)

Additional Data


Software ID: 19010655
Software Version: 2019v5.0
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527

SchCMd Bullet Complete if the organization is described below. SchCMd Bullet Attach to Form 990 or Form 990-EZ.
SchCMd BulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
If the organization answered "Yes" on Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" on Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" on Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV (see instructions for definition of “political campaign activities")

2
Political campaign activity expenditures (see instructions) ....................................................................SchCMd Bullet
$  
3
Volunteer hours for political campaign activities (see instructions) ..................................................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 ................................SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 .......................SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? .........................................
4a
Was a correction made? ......................................................................................................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities ..... SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ............................................................................................................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b...........SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ...................................................................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6
For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2019

Schedule C (Form 990 or 990-EZ) 2019
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check SchCMd Bulletexpenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................    
b Total lobbying expenditures to influence a legislative body (direct lobbying) ........................    
c Total lobbying expenditures (add lines 1a and 1b) ............................................................    
d Other exempt purpose expenditures ...............................................................................    
e Total exempt purpose expenditures (add lines 1c and 1d) ..................................................    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) .................................................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ...................................................................................................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2016 (b) 2017 (c) 2018 (d) 2019 (e) Total
2a Lobbying nontaxable amount          
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		 
c Total lobbying expenditures          
d Grassroots nontaxable amount          
e Grassroots ceiling amount
(150% of line 2d, column (e))		  
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2019


Schedule C (Form 990 or 990-EZ) 2019
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
Yes|No
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? ...........................................................................................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........
Yes
 
c
Media advertisements? ...................................................................................................
 
No
 
d
Mailings to members, legislators, or the public? .............................................................................
 
No
 
e
Publications, or published or broadcast statements? ...........................................................
 
No
 
f
Grants to other organizations for lobbying purposes? ..........................................................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? .......................
Yes
 
126,349
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
No
 
i
Other activities? ...................................................................................................................
Yes
 
17,010
j
Total. Add lines 1c through 1i ....................................................................................................
143,359
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 ...........................................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ...............................................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members ......................................................................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).
a
Current year .............................................................................................................................
2a
 
b
Carryover from last year ............................................................................................................
2b
 
c
Total ...........................................................................................................................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) .........................................
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
Schedule C, Part II-B, Line 1 Description of the Activities Reported on Lines 1A through 1I LINES 1B & 1G FROM TIME TO TIME, MIT ENGAGES IN LOBBYING ACTIVITY USING MIT'S OWN PERSONNEL. MIT'S EFFORTS REGARDING LEGISLATIVE AND RELATED ACTIVITIES IN FY 2020 FOCUSED ON THE AREAS OF LEGISLATION, POLICY AND FUNDING SUPPORT FOR SCIENCE, TECHNOLOGY, EDUCATION, LAND USE AND TAXATION. STAFF ACTIVITIES INCLUDED THE GATHERING AND DISSEMINATION OF INFORMATION TO THE MIT CAMPUS CONCERNING GOVERNMENT ACTIVITIES AND ACTIONS, AS WELL AS MEETINGS AND DISCUSSIONS WITH FEDERAL AND STATE OFFICIALS, ON THE ABOVE ISSUES. LINE 1I MIT PAYS DUES AND IS A MEMBER OF SEVERAL ASSOCIATIONS THAT PROVIDE INFORMATION TO THE HIGHER EDUCATION COMMUNITY AS WELL AS ADVOCATE FOR ISSUES THAT ARE IMPORTANT TO THE SECTOR. A PORTION OF THE DUES PAID TO THESE ORGANIZATIONS MAY BE USED TO LOBBY BY THE ASSOCIATIONS.
Schedule C (Form 990 or 990EZ) 2019


Additional Data


Software ID: 19010655
Software Version: 2019v5.0

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet Attach to Form 990.
SchDMd Bullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year ......... 10  
2 Aggregate value of contributions to (during year) 10,209,666  
3 Aggregate value of grants from (during year) 1,197,048  
4 Aggregate value at end of year ........ 24,373,741  
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenue included on Form 990, Part VIII, line 1 .........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $ 200,000
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.
(a) Current year (b) Prior year (c) Two years back (d) Three years back (e) Four years back
1a Beginning of year balance .... 17,545,703,000 16,507,029,000 14,958,882,000 13,436,025,000 13,687,939,000
b Contributions ... 120,011,000 321,260,000 137,558,000 264,521,000 253,951,000
c Net investment earnings, gains, and losses 1,569,985,000 1,454,555,000 2,099,040,000 1,904,418,000 101,323,000
d Grants or scholarships ... 150,283,000 138,821,000 131,796,000 125,405,000 117,845,000
e Other expenditures for facilities
and programs ... 		585,969,000 558,037,000 529,127,000 501,264,000 468,943,000
f Administrative expenses .... 34,437,000 40,283,000 27,528,000 19,413,000 20,400,000
g End of year balance ...... 18,465,010,000 17,545,703,000 16,507,029,000 14,958,882,000 13,436,025,000
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet28.85 %
b
Permanent endowment SchDMd Bullet19.61 %
c
Term endowment SchDMd Bullet51.54 %
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
 
No
(ii) Related organizations .................
3a(ii)
 
No
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis
(investment) 		(b) Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land .....   107,557,000 107,557,000
b Buildings ....   5,697,241,000 1,900,419,000 3,796,822,000
c Leasehold improvements   84,414,000 1,936,000 82,478,000
d Equipment ....   445,605,000 125,693,000 319,912,000
e Other .....        
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 4,306,769,000
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 3
Part VII
Investments—Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(1) Financial derivatives.........    
(2) Closely-held equity interests........    
(3) Other
(A) FIXED INCOME		 753,144,000 F

(B) EQUITIES		 12,318,612,000 F

(C) ABSOLUTE RETURN		 3,829,785,000 F

(D) REAL ESTATE & REAL ASSETS		 3,974,415,000 F

(E) SPLIT INTEREST AGREEMENTS		 78,322,000 F

(F) OTHER		 2,507,000 F

(G) DERIVATIVES		 3,015,000 F
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 20,959,800,000
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
(1) Federal income taxes  
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 943,747,000
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains (losses) on investments .... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1.................. 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b.................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities ......... 2a  
b Prior year adjustments ............ 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d.................... 2e  
3 Subtract line 2e from line 1................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b..................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
Schedule D, Part III, Line 1a FINANCIAL STATEMENT FOOTNOTE AS NOTED IN MIT'S AUDITED FINANCIAL STATEMENTS, MIT RECORDS ITEMS OF COLLECTIONS AS A GIFT AT NOMINAL VALUE. THEY ARE RECEIVED FOR EDUCATIONAL PURPOSES AND GENERALLY DISPLAYED THROUGHOUT MIT. IN GENERAL, COLLECTIONS ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER.
Schedule D, Part III, Line 4 Collections of art - description of collections MIT RECORDS ITEMS OF COLLECTIONS OF ART AS A GIFT AT NOMINAL VALUE. THEY ARE RECEIVED FOR EDUCATIONAL PURPOSES AND GENERALLY DISPLAYED THROUGHOUT MIT. IN GENERAL, COLLECTIONS ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER.
Schedule D, Part V, Line 4 Intended uses of endowment funds MIT'S ENDOWMENT IS INTENDED TO PROVIDE FINANCIAL SUPPORT TO FURTHER MIT'S MISSION OF EDUCATION AND RESEARCH. SPECIFICALLY, MIT'S ENDOWMENT PROVIDES ONGOING SUPPORT FOR GRADUATE AND UNDERGRADUATE STUDENT SCHOLARSHIPS, FELLOWSHIPS AND STUDENT LOANS, PROFESSORSHIPS, THE MAINTENANCE OF MIT'S FACILITIES, AND ACADEMIC DEPARTMENT SUPPORT.
Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote US GAAP requires MIT to evaluate tax positions taken by the Institute to recognize a tax liability (or asset) if the Institute has taken an uncertain tax position that, more likely than not, would not be sustained upon examination by the IRS. MIT has analyzed the tax positions taken and has concluded that as of June 30, 2020, there are no significant uncertain tax positions taken or expected to be taken.
Schedule D (Form 990) 2019


Additional Data


Software ID: 19010655
Software Version: 2019v5.0




SCHEDULE E(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Schools

Right pointing arrow large image Complete if the organization answered "Yes" on Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image Go to www.irs.gov/Form990EZ for the latest information.
OMB No. 1545-0047 2019Open to Public Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? . . . . . . . . . . . . . . . . . . .
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way
that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"
please explain. If you need more space use Part II. . . . . . . . . . . . . . . . . . . . . . . . .
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? . . . . . . . . .
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . .
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? . . . . . . . . . . . .
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5a
 
No
b
Admissions policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5b
 
No
c
Employment of faculty or administrative staff? . . . . . . . . . . . . . . . . . . . . . . . . .
5c
 
No
d
Scholarships or other financial assistance? . . . . . . . . . . . . . . . . . . . . . . . . . .
5d
 
No
e
Educational policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5e
 
No
f
Use of facilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5f
 
No
g
Athletic programs? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5g
 
No
h
Other extracurricular activities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? . . . . . . . . . .
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? . . . . . . . . . . . . . . . .
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II. . . . . . . . .
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) (2019)
Schedule E (Form 990 or 990EZ) (2019)
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also provide
any other additional information. See instructions.
Return Reference Explanation
Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY MIT'S PROSPECTIVE STUDENTS CAN FIND THE INSTITUTE'S RACIALLY NONDISCRIMINATORY POLICY AT ANY TIME DURING THE ADMISSION PROCESS AND THROUGHOUT THE ENTIRE ACADEMIC YEAR AT https://mitadmissions.org/policies/#nondiscrimination. MIT'S RACIALLY NONDISCRIMINATORY POLICY FOR THE GENERAL COMMUNITY CAN BE FOUND IN MIT'S POLICIES & PROCEDURES 7.1.1. AND 9.2 OR CAN BE FOUND ON THE INSTITUTE'S WEBSITE AT https://policies.mit.edu/policies-procedures/. THE INSTITUTE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND WORLDWIDE AND FOLLOWS A RACIALLY NONDISCRIMINATORY POLICY. THE INSTITUTE ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN SUBSTANTIAL NUMBERS.
Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT MIT RECEIVES PELL, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY AND PERKINS LOANS.
Schedule E, Part I, Line 2 RACIALLY NONDISCRIMINATORY POLICY MIT INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY TOWARD STUDENTS IN VARIOUS BROCHURES AND CATALOGUES. WHILE THE STATEMENT IS NOT INCLUDED ON ALL WRITTEN COMMUNICATIONS WITH THE PUBLIC DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS, THE POLICY IS WELL PUBLICIZED AND WELL KNOWN.
Schedule E (Form 990 or 990-EZ) (2019)
Additional Data


Software ID: 19010655
Software Version: 2019v5.0
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990.Right pointing arrow large image Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in the region (d) Activities conducted in region (by type) (such as, fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in the region		 (f) Total expenditures
for and investments
in the region
East Asia and the Pacific     Program Services Subrecipient Agreements 4,047,830
Europe (Including Iceland and Greenland)     Program Services Subrecipient Agreements 2,368,651
Middle East and North Africa     Program Services Subrecipient Agreements 421,195
North America (Canada & Mexico only)     Program Services Subrecipient Agreements 648,275
South America     Program Services Subrecipient Agreements 95,995
South Asia     Program Services Subrecipient Agreements 1,115,734
Sub-Saharan Africa     Program Services Subrecipient Agreements 87,940
Central America and the Caribbean     Grantmaking   14,358
East Asia and the Pacific     Grantmaking   572,627
Europe (Including Iceland and Greenland)     Grantmaking   559,192
Middle East and North Africa     Grantmaking   130,857
North America (Canada & Mexico only)     Grantmaking   116,122
Russia and Neighboring States     Grantmaking   51,240
South America     Grantmaking   394,976
South Asia     Grantmaking   240,741
Sub-Saharan Africa     Grantmaking   65,400
East Asia and the Pacific   1 Fundraising   666,041
Europe (Including Iceland and Greenland)   1 Fundraising   799,512
Middle East and North Africa     Fundraising   85,460
North America (Canada & Mexico only)     Fundraising   54,148
South America     Fundraising   194,726
South Asia     Fundraising   61,538
Central America and the Caribbean     Fundraising   2,205
Sub-Saharan Africa     Fundraising   19,602
Central America and the Caribbean     Program Services Education/Research 192,888
East Asia and the Pacific 1 74 Program Services Education/Research 11,185,457
Europe (Including Iceland and Greenland)   111 Program Services Education/Research 13,144,659
Middle East and North Africa   8 Program Services Education/Research 1,036,267
North America (Canada & Mexico only)   17 Program Services Education/Research 1,635,140
Russia and Neighboring States   3 Program Services Education/Research 192,839
South America 1 9 Program Services Education/Research 1,207,053
South Asia   3 Program Services Education/Research 724,994
Sub-Saharan Africa   9 Program Services Education/Research 916,723
Antarctica     Program Services Education/Research 2,111
Central America and the Caribbean     Investments   1,631,221,151
East Asia and the Pacific     Investments   15,604,160
Europe (Including Iceland and Greenland)     Investments   23,318,920
Middle East and North Africa     Investments   4,688,826
Sub-Saharan Africa     Investments   9,647,075
North America (Canada & Mexico only)     Investments   270,522
South Asia     Investments   560,069,887
3a Sub-total .... 0 1 10,931,133
b Total from continuation sheets to Part I ... 2 235 2,276,941,904
c Totals (add lines 3a and 3b) 2 236 2,287,873,037
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2019
Schedule F (Form 990) 2019
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of noncash
assistance 		(h) Description
of noncash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
 
3 Enter total number of other organizations or entities .......................MediumBullet
 
Schedule F (Form 990) 2019
Schedule F (Form 990) 2019Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
Public Service Center Grants East Asia and the Pacific 7 32,000 Check      
Public Service Center Grants Europe (Including Iceland and Greenland) 2 5,000 Check      
Public Service Center Grants Middle East and North Africa 2 1,000 Check      
Public Service Center Grants North America (Canada & Mexico only) 3 8,000 Check      
Public Service Center Grants South America 4 10,000 Check      
Public Service Center Grants South Asia 3 20,500 Check      
Public Service Center Grants Sub-Saharan Africa 5 44,500 Check      
MISTI Stipend East Asia and the Pacific 162 415,827 Check      
MISTI Stipend Europe (Including Iceland and Greenland) 333 399,198 Check      
MISTI Stipend Middle East and North Africa 99 103,625 Check      
MISTI Stipend North America (Canada & Mexico only) 31 31,260 Check      
MISTI Stipend Russia and Neighboring States 9 23,158 Check      
MISTI Stipend South America 89 324,865 Check      
MISTI Stipend South Asia 64 171,906 Check      
MISTI Stipend Sub-Saharan Africa 39 5,497 Check      
Fellowships Central America and the Caribbean 12 11,558 Check      
Fellowships East Asia and the Pacific 17 49,821 Check      
Fellowships Europe (Including Iceland and Greenland) 26 72,691 Check      
Fellowships Middle East and North Africa 9 8,644 Check      
Fellowships North America (Canada & Mexico only) 1 2,000 Check      
Fellowships Russia and Neighboring States 4 23,600 Check      
Fellowships South America 26 46,208 Check      
Fellowships South Asia 7 8,135 Check      
Fellowships Sub-Saharan Africa 14 13,483 Check      
Prizes & Awards Central America and the Caribbean 6 2,800 Check      
Prizes & Awards East Asia and the Pacific 98 57,231 Check      
Prizes & Awards Europe (Including Iceland and Greenland) 42 56,752 Check      
Prizes & Awards Middle East and North Africa 18 17,588 Check      
Prizes & Awards North America (Canada & Mexico only) 30 63,480 Check      
Prizes & Awards Russia and Neighboring States 6 1,625 Check      
Prizes & Awards South America 5 10,904 Check      
Prizes & Awards South Asia 30 38,499 Check      
Prizes & Awards Sub-Saharan Africa 1 150 Check      
Honoraria East Asia and the Pacific 10 17,748 Check      
Honoraria Europe (Including Iceland and Greenland) 22 25,551 Check      
Honoraria North America (Canada & Mexico only) 18 11,382 Check      
Honoraria Russia and Neighboring States 1 2,857 Check      
Honoraria South America 1 3,000 Check      
Honoraria South Asia 4 1,700 Check      
Honoraria Sub-Saharan Africa 7 1,770 Check      
Schedule F (Form 990) 2019
Schedule F (Form 990) 2019
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2019
Schedule F (Form 990) 2019
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information. See instructions.
ReturnReference Explanation
Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds MIT PROVIDES SEVERAL TYPES OF GRANTS AND ASSISTANCE TO FOREIGN INDIVIDUALS. FOR PRIZES AND AWARDS, THE INDIVIDUAL MUST HAVE MET THE SPECIFIC CRITERIA FOR THE PARTICULAR PRIZE OR AWARD TO BE SELECTED. IN THE CASE OF FELLOWSHIPS, THE INDIVIDUAL IS REQUIRED TO UTILIZE THE FUNDS FOR RESEARCH AND STUDY AT THE INSTITUTE. GRANTS ARE MADE IN THE CONTEXT OF ACADEMIC OR RESEARCH PROGRAMS: RECIPIENTS SPEND THEIR GRANT FUNDS UNDER THE SUPERVISION OF THE PROGRAM AND ARE ACCOUNTABLE THROUGH THE PROGRAM FOR THE USE OF THE FUNDS.
Schedule F, Part I, Line 3(a) A SUBRECIPIENT AGREEMENT IS A RESEARCH SUBCONTRACT WHERE MIT ENGAGES A THIRD PARTY TO PERFORM EXPERIMENTAL, DEVELOPMENTAL, OR RESEARCH WORK GENERALLY IN CONNECTION WITH A SPONSORED RESEARCH AGREEMENT.
Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS MIT PROVIDES SEVERAL TYPES OF GRANTS AND ASSISTANCE TO FOREIGN INDIVIDUALS. FOR PRIZES AND AWARDS, THE INDIVIDUAL MUST HAVE MET THE SPECIFIC CRITERIA FOR THE PARTICULAR PRIZE OR AWARD TO BE SELECTED. IN THE CASE OF FELLOWSHIPS, THE INDIVIDUAL IS REQUIRED TO UTILIZE THE FUNDS FOR RESEARCH AND STUDY AT THE INSTITUTE. GRANTS ARE MADE IN THE CONTEXT OF ACADEMIC OR RESEARCH PROGRAMS: RECIPIENTS SPEND THEIR GRANT FUNDS UNDER THE SUPERVISION OF THE PROGRAM AND ARE ACCOUNTABLE THROUGH THE PROGRAM FOR THE USE OF THE FUNDS.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2019
Additional Data


Software ID: 19010655
Software Version: 2019v5.0



SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" on Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Part I
Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the 10 highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.


(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
 
Huron Consulting Group Inc
550 WEST VAN BUREN STREET
 
CHICAGO, IL60607 		FUNDRAISING CONSULTING   No   166,399 -166,399
 
Community Counselling Service Co LLC
527 MADISON AVENUE 5TH FLOOR
 
NEW YORK, NY10022 		FUNDRAISING CONSULTING   No   161,869 -161,869
 
Blackbaud Inc
2000 DANIEL ISLAND DRIVE
 
CHARLESTON, SC29492 		FUNDRAISING CONSULTING   No   25,523 -25,523
 
Copper Reef Enterprises
6965 EL CAMINO REAL STE 105-488
 
CARSLBAD, CA920094100 		FUNDRAISING CONSULTING   No   23,090 -23,090
 
Bryan Justin Sih
5332 RUSSELL AVENUE APT 412
 
LOS ANGELES, CA90027 		FUNDRAISING CONSULTING   No   26,204 -26,204
 
Roger Fisk
2507 N CAPITOL STREET NE
 
WASHINGTON, DC200021014 		FUNDRAISING CONSULTING   No   54,000 -54,000
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow 0 457,085 -457,085
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
MA
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2019
Schedule G (Form 990 or 990-EZ) 2019
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" on Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.









VerticalRevenue
(a) Event #1

 
(event type) 		(b) Event #2

 
(event type) 		(c) Other events

 
(total number) 		(d) Total events
(add col. (a) through col. (c))

1
Gross receipts . . . . .
 
 
 
 

2
Less: Contributions . . . .
 
 
 
 
3 Gross income (line 1 minus
line 2) . . . . . .
 
 
 
 



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . .        
6 Rent/facility costs . . . .        
7 Food and beverages . . .        
8 Entertainment . . . .        
9 Other direct expenses . . .        
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow  
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow  
Part III
Gaming. Complete if the organization answered "Yes" on Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue
(a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))

1
Gross revenue . . . . .
 
 
 
 
VerticalDirectExpenses

2
Cash prizes . . . . .
 
 
 
 

3
Noncash prizes . . . .
 
 
 
 

4
Rent/facility costs . . . .
 
 
 
 

5
Other direct expenses . . .
 
 
 
 


6

Volunteer labor . . . .
%
%
%


7
Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow
 

8
Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow
 

9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2019
Schedule G (Form 990 or 990-EZ) 2019
Page 3
11
Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? . . . . . . . . . . . . . . . . .
13
Indicate the percentage of gaming activity conducted in:
a
The organization's facility . . . . . . . . . . . . . . . . . .
13a
%
b
An outside facility . . . . . . . . . . . . . . . . . . . .
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? . . . . . . . . . . . . . . . . . . . . . . . .
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? . . . . . . . . . . . . . . . . . . .
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.
Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2019
Additional Data


Software ID: 19010655
Software Version: 2019v5.0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990.
lBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number
04-2103594
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) 450 Beacon Street Inc
450 Beacon Street
Boston,MA02115 		04-2092861 501(c)(7) 22,604       IRDF Grant
(2) Alpha Theta Chapter of Sigma Chi Fraternity Inc
532 Beacon Street
Boston,MA02215 		04-2761368 501(c)(7) 30,943       IRDF Grant
(3) Alumni Association of Alpha Mu Chapter of Phi Kappa Sigma Fraternity Inc
530 Beacon Street
Boston,MA02215 		04-3146095 501(c)(7) 70,631       IRDF Grant
(4) Alumni Association of Xi Chapter of Tau Epsilon Phi Inc
30 West Main Street
Hopkinton,MA01748 		00-0852599 501(c)(7) 12,092       IRDF Grant
(5) Association of Sigma Tau Alumni of Delta Kappa Epsilon Inc
403 Memorial Drive
Cambridge,MA02139 		04-6066546 501(c)(2) 215,288       IRDF Grant
(6) Beta Chapter of Theta Chi Fraternity
528 Beacon Street
Boston,MA02167 		04-2112594 501(c)(7) 10,962       IRDF Grant
(7) Beta Nu House Corporation
416 Beacon Street
Boston,MA02115 		23-7046612 501(c)(7) 27,155       IRDF Grant
(8) Beta Upsilon Association
14 Sweeney Ridge Road
Bedford,MA01730 		04-2447180   45,294       IRDF Grant
(9) Dover Club of MIT Inc
16 Graniteville Road
Westford,MA01886 		04-3158370 501(c)(7) 28,822       IRDF Grant
(10) Housecorp Inc
69 Chestnut Street
Cambridge,MA02139 		23-7091484 501(c)(7) 19,674       IRDF Grant
(11) Housing Association of Theta Omicron of Alpha Chi Omega Inc
478 Commonwealth Ave
Boston,MA02215 		04-3244129 501(c)(7) 34,548       IRDF Grant
(12) Incorporate Alumni of Psi Delta
902 Salem End Road
Framingham,MA01702 		05-6016312 501(c)(7) 26,080       IRDF Grant
(13) Lambda Zeta Associates Inc
99 Bay State Road
Boston,MA02215 		04-3238433 501(c)(7) 212,436       IRDF Grant
(14) Massachusetts Eta of Phi Kappa Theta Alumni Corporation
229 Commonwealth Ave
Boston,MA02116 		04-6063508 501(c)(7) 28,186       IRDF Grant
(15) MIT Student House Inc
111 Bay State Road
Boston,MA02110 		04-6130567 501(c)(3) 5,298       IRDF Grant
(16) Phi Beta Epsilon Corporation
One Kendall Square 470
Cambridge,MA02139 		04-6014162 501(c)(8) 29,345       IRDF Grant
(17) SNHC Inc
28 The Fenway
Boston,MA02215 		68-0514586 501(c)(7) 14,102       IRDF Grant
(18) St Anthony Association of Boston Inc
428 Memorial Drive
Cambridge,MA02139 		04-2325521 501(c)(14) 21,153       IRDF Grant
(19) The Beta Foundation
32 Hereford Street
Boston,MA02115 		04-2116079 501(c)(7) 84,130       IRDF Grant
(20) The Friends of the Lambda Phi Chapter of the Alpha Delta Phi Fraternity Inc
351 Massachusetts Ave
Cambridge,MA02139 		04-2607157 501(c)(7) 75,598       IRDF Grant
(21) The Mutaw Corporation
21 Demar Road
Lexington,MA02173 		04-6145647 501(c)(7) 15,186       IRDF Grant
(22) Theta Deuteron House Corp Chapter of Theta Delta Chi Fraternity
28 Grayson Lane
Newton,MA02462 		04-6115213 501(c)(14) 24,557       IRDF Grant
(23) Theta Lambda Chapter House Corporation of Sigma Kappa Sorority
480 Commonwealth Ave
Boston,MA02215 		04-3374823 501(c)(7) 34,004       IRDF Grant
(24) Theta Xi Housing Corporation
64 Bay State Road
Boston,MA02215 		04-2129483 501(c)(7) 9,761       IRDF Grant
(25) Xi SAMFenway Alumni Corporation
34 The Fenway
Boston,MA02215 		91-1989766 501(c)(7) 19,027       IRDF Grant
(26) Zeta Phi Chapter House Corporation of Alpha Phi International Fraternity In
c
477-479 Commonwealth Ave
Boston,MA02215 		22-2768441 501(c)(7) 27,959       IRDF Grant
(27) Technology Chapter Alumni Association Inc
140 Old Littleton Road
Harvard,MA01451 		04-6138571 501(c)(5) 54,269       IRDF Grant
(28) Massachusetts Iota Tau Association
PO Box 1509
Northampton,MA01061 		04-3506094 501(c)(7) 19,243       IRDF Grant
(29) Mississippi Children's Museum
2145 Museum Boulevard
Jackson,MS39202 		64-0850010 501(c)(3) 7,500       Contribution
(30) Camp Kesem
PO Box 452
Culver City,CA90232 		51-0454157 501(c)(3) 41,625       Contribution
(31) Trustees of Boston University
881 Commonwealth Avenue
Boston,MA02215 		04-2103547 501(c)(3) 79,278       Contribution
(32) Trustees of Tufts College
169 Holland Street
Somerville,MA02144 		04-2103634 501(c)(3) 275,000       Contribution
(33) New England Council Inc
98 North Washington Street No 201
Boston,MA02114 		04-1661090 501(c)(6) 7,500       Contribution
(34) Cambridge Community Foundation
990 Bishop Allen Drive
Cambridge,MA02139 		04-6012492 501(c)(3) 7,500       Contribution
(35) Tutoring Plus of Cambridge Inc
225 Windsor Street
Cambridge,MA02139 		04-2485197 501(c)(3) 7,000       Contribution
(36) Breakthrough Greater Boston Inc
PO Box 381486
Cambridge,MA02238 		04-3307783 501(c)(3) 6,000       Contribution
(37) Margaret Fuller Neighborhood House
71 Cherry Street
Cambridge,MA02139 		04-2103782 501(c)(3) 6,000       Contribution
(38) Impact Assets Inc
7315 Wisconsin Avenue No 1000W
Bethesda,MD20814 		26-2048480 501(c)(3) 362,260       Contribution
(39) Skillist Co
228 Park Avenue South No 45327
New York,NY10003 		82-2243089   20,000       Prize
(40) Sco Family of Services
1 Alexander Place
Glen Cove,NY11542 		11-2777066 501(c)(3) 20,000       Prize
(41) Aira Tech Corp
4225 Executive Sq Ste 400
La Jolla,CA92037 		47-3023164   20,000       Prize
(42) Jobget Inc
6 Liberty Sq No 2414
Boston,MA02109 		82-3285388   133,635       Prize
(43) Asia Initiatives Inc
200 E 61st Street Apt 25 AB
New York,NY10065 		27-2190020 501(c)(3) 20,000       Prize
(44) NaTakallam LLC
2 Columbus Avenue Apt 24A
New York,NY10023 		47-5372578   20,000       Prize
(45) Tienda Pago Management LLC
1250 E Halandale Beach Ste 609
Hallandale,FL33009 		46-3773595   250,000       Prize
(46) Kumari Media LLC
4532 Bancroft Drive
New Orleans,LA70122 		37-1589716   100,000       Prize
(47) Untapped LLC
353 Sacramento St Suite 1800
San Francisco,CA94111 		83-0832768   7,000       Prize
(48) Trustees of Boston University
881 Commonwealth Avenue
Boston,MA02215 		04-2103547 501(c)(3) 110,000       Research Grant
(49) Whitehead Institute for Biomedical Research
455 Main Street
Cambridge,MA02142 		06-1043412 501(c)(3) 500,000       Research Grant
(50) Parityorg Inc
PO Box 20024
New York,NY10011 		82-0904363 501(c)(3) 150,000       Contribution
(51) Cooperative for Assistance and Relief Everywhere Inc (CARE)
151 Ellis Street NE
Atlanta,GA30303 		13-1685039 501(c)(3) 200,000       Contribution
(52) Mayo Clinic
200 First Street SW
Rochester,MN55905 		41-6011702 501(c)(3) 22,774       Contribution
(53) Boston Area Rape Crisis Center Inc
99 Bishop Allen Drive
Cambridge,MA02139 		04-2974983 501(c)(3) 250,000       Contribution
(54) Casa Myrna Vasquez Inc
451 Blue Hill Avenue
Boston,MA02121 		04-2625710 501(c)(3) 250,000       Contribution
(55) Justice Resource Institute Inc
160 Gould Street Ste 300
Needham,MA02494 		04-2526357 501(c)(3) 250,000       Contribution
(56) Urban League of Eastern Massachusetts Inc
88 Warren Street
Roxbury,MA02119 		23-7349132 501(c)(3) 100,000       Contribution
(57) TECHNOLOGY REVIEW INC
ONE MAIN STREET
13TH FLOOR
CAMBRIDGE,MA02142 		95-4893200 501(c)(3) 4,512,964       CONTRIBUTION
(58) MIT INTERNATIONAL INC
77 MASSACHUSETTS AVENUE
NE49-3142
CAMBRIDGE,MA02139 		81-2731492 501(C)(3) 600,000       CONTRIBUTION
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
23
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
35
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2019

Schedule I (Form 990) 2019
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) TUITION SUPPORT 6888   469,804,000 FMV APPLIED TO STUDENTS' TUITION OBLIGATION
(2) HONORARIA 1277 1,202,400      
(3) PRIZES AND AWARDS 1044 1,529,042      
(4) PUBLIC SERVICE CENTER GRANTS 61 151,390      
(5) MIT STUDENT FELLOWSHIPS & STIPENDS 3107 44,843,860      
(6) NON-MIT STUDENT FELLOWSHIPS & STIPENDS 388 14,614,182      
(7) STUDENT WAGES 8913 136,927,000      
(8) EXTERNAL GRANTS 45 56,000      
(9) COVID EMERGENCY RELIEF 5 5,000      
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. MIT PROVIDES SEVERAL TYPES OF GRANTS AND ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS. FOR PRIZES AND AWARDS, THE INDIVIDUAL OR ORGANIZATION MUST HAVE MET THE SPECIFIC CRITERIA TO BE SELECTED FOR THE PRIZE OR AWARD. IN THE CASE OF FELLOWSHIPS AND SCHOLARSHIPS, THE INDIVIDUAL IS REQUIRED TO UTILIZE THE FUNDS FOR RESEARCH AND STUDY AT MIT. MIT MAKES GRANTS TO SEVERAL LOCAL CHAPTERS OF NATIONAL FRATERNITIES, SORORITIES AND INDEPENDENT LIVING GROUPS. THESE ORGANIZATIONS ARE COMPRISED OF MIT STUDENTS, AND HOUSE THESE STUDENTS. GRANTS ARE MADE TO SUPPORT THE OPERATIONAL COSTS OF THE EDUCATIONAL PURPOSES OF THE HOUSES (SO THAT THE HOUSES STAY CONSISTENT WITH MIT'S MISSION). IN ORDER FOR AN ORGANIZATION TO RECEIVE AN INDEPENDENT RESIDENCE DEVELOPMENT FUND (IRDF) GRANT, THEY MUST GO THROUGH A RIGOROUS APPLICATION PROCESS. MIT GENERALLY DOES NOT MAKE DISBURSEMENTS TO INDIVIDUALS OR ORGANIZATIONS FOR CHARITABLE PURPOSES, EXCEPT THROUGH THE MIT COMMUNITY SERVICE FUND. THIS FUND'S RESOURCES COME PRIMARILY FROM CONTRIBUTIONS FROM MEMBERS OF THE MIT COMMUNITY. MIT DISBURSES THESE FUNDS FOR CHARITABLE PURPOSES INCLUDING SMALL GRANTS, INSUBSTANTIAL IN THE AGGREGATE, TO LOCALLY BASED CHARITABLE ORGANIZATIONS FOR THE PURPOSE OF FOSTERING BETTER COMMUNITY RELATIONS. PROCEDURES OF THE INSTITUTE WITH RESPECT TO ADMISSIONS, SCHOLARSHIPS, FELLOWSHIPS, AND STUDENT LOANS ARE PUBLICIZED IN THE INSTITUTE BULLETIN WHICH CONSTITUTES ITS CATALOGUE. GRANTS THAT ARE MADE IN THE CONTEXT OF ACADEMIC OR RESEARCH PROGRAMS: RECIPIENTS SPEND THEIR GRANT FUNDS UNDER THE SUPERVISION OF THE PROGRAM AND ARE ACCOUNTABLE THROUGH THE PROGRAM FOR THE USE OF THE FUNDS.
Schedule I (Form 990) 2019



Additional Data


Software ID: 19010655
Software Version: 2019v5.0


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .........
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ..
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ..................
6a
 
No
b
Any related organization? ......................
6b
 
No
If "Yes," on line 6a or 6b, describe in Part III.
7
For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
Yes
 
8
Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2019

Schedule J (Form 990) 2019
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation in column (B) reported as deferred on prior Form 990
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1Robert Millard
 
Chair of the Corporation 		(i)

(ii)		 356,327
-------------
0 		0
-------------
0 		7,992
-------------
0 		21,355
-------------
0 		28,064
-------------
0 		413,737
-------------
0 		0
-------------
0
2L Rafael Reif
 
President 		(i)

(ii)		 1,095,611
-------------
0 		0
-------------
0 		87,304
-------------
0 		364,000
-------------
0 		128,346
-------------
0 		1,675,260
-------------
0 		0
-------------
0
3Israel Ruiz
 
Executive VP and Treasurer 		(i)

(ii)		 757,114
-------------
0 		0
-------------
0 		111,463
-------------
0 		30,800
-------------
0 		27,216
-------------
0 		926,593
-------------
0 		0
-------------
0
4Suzanne Glassburn
 
Vice President and Secretary 		(i)

(ii)		 329,121
-------------
0 		0
-------------
0 		123
-------------
0 		36,400
-------------
0 		29,689
-------------
0 		395,332
-------------
0 		0
-------------
0
5Claude Canizares (Former VP)
 
Professor 		(i)

(ii)		 361,117
-------------
0 		0
-------------
0 		8,542
-------------
0 		14,000
-------------
0 		49,201
-------------
0 		432,859
-------------
0 		0
-------------
0
6Kirk Kolenbrander
 
Former VP 		(i)

(ii)		 61,497
-------------
0 		0
-------------
0 		67,864
-------------
0 		19,781
-------------
0 		10,207
-------------
0 		159,350
-------------
0 		0
-------------
0
7Seth Alexander
 
President of MITIMCo 		(i)

(ii)		 731,219
-------------
0 		1,383,607
-------------
0 		46,798
-------------
0 		354,229
-------------
0 		29,708
-------------
0 		2,545,561
-------------
0 		311,850
-------------
0
8Cynthia Barnhart
 
Chancellor 		(i)

(ii)		 488,712
-------------
0 		0
-------------
0 		17,921
-------------
0 		50,400
-------------
0 		1,351
-------------
0 		558,384
-------------
0 		0
-------------
0
9Mark DiVincenzo
 
VP and General Counsel 		(i)

(ii)		 497,462
-------------
0 		0
-------------
0 		20,580
-------------
0 		44,800
-------------
0 		30,106
-------------
0 		592,948
-------------
0 		0
-------------
0
10Eric Evans
 
Director of Lincoln Laboratory 		(i)

(ii)		 553,060
-------------
0 		0
-------------
0 		26,920
-------------
0 		44,800
-------------
0 		28,087
-------------
0 		652,867
-------------
0 		0
-------------
0
11Julie Lucas
 
VP for Resource Development 		(i)

(ii)		 543,800
-------------
0 		10,000
-------------
0 		23,847
-------------
0 		33,220
-------------
0 		9,905
-------------
0 		620,771
-------------
0 		0
-------------
0
12Sanjay Sarma
 
VP for Open Learning 		(i)

(ii)		 423,858
-------------
0 		0
-------------
0 		87,197
-------------
0 		36,400
-------------
0 		31,772
-------------
0 		579,226
-------------
0 		0
-------------
0
13Martin Schmidt
 
Provost 		(i)

(ii)		 714,920
-------------
0 		0
-------------
0 		40,550
-------------
0 		44,800
-------------
0 		31,669
-------------
0 		831,938
-------------
0 		0
-------------
0
14Maria Zuber
 
VP for Research 		(i)

(ii)		 471,649
-------------
0 		0
-------------
0 		18,880
-------------
0 		50,400
-------------
0 		20,912
-------------
0 		561,841
-------------
0 		0
-------------
0
15Matthew Fisher
 
Global Investment Professional - MITIMCO 		(i)

(ii)		 420,599
-------------
0 		1,009,635
-------------
0 		4,945
-------------
0 		254,238
-------------
0 		13,426
-------------
0 		1,702,843
-------------
0 		245,000
-------------
0
16Steven Marsh
 
Senior VP - MITIMCo 		(i)

(ii)		 578,824
-------------
0 		1,475,088
-------------
0 		29,747
-------------
0 		408,193
-------------
0 		28,767
-------------
0 		2,520,619
-------------
0 		300,000
-------------
0
17Thomas Wieand
 
Global Investment Professional - MITIMCO 		(i)

(ii)		 439,440
-------------
0 		1,040,406
-------------
0 		14,406
-------------
0 		270,200
-------------
0 		28,507
-------------
0 		1,792,959
-------------
0 		230,000
-------------
0
18Ryan Akkina
 
Global Investment Professional - MITIMCO 		(i)

(ii)		 410,640
-------------
0 		1,008,261
-------------
0 		4,945
-------------
0 		254,238
-------------
0 		32,828
-------------
0 		1,710,911
-------------
0 		243,888
-------------
0
19Joel Cohen
 
Global Investment Professional - MITIMCO 		(i)

(ii)		 393,772
-------------
0 		892,509
-------------
0 		3,400
-------------
0 		225,200
-------------
0 		28,899
-------------
0 		1,543,780
-------------
0 		222,750
-------------
0
Schedule J (Form 990) 2019

Schedule J (Form 990) 2019
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.
Return Reference Explanation
Schedule J, Part II FORM 990, PART VII THE INDIVIDUALS DISCLOSED IN PART VII OF FORM 990 OFTEN DEVOTE MORE HOURS TO THEIR POSITION THAN THE NUMBER OF HOURS LISTED, WHICH REPRESENT ESTIMATES OF AVERAGE HOURS. INDIVIDUALS WHO ARE ALSO ON THE BOARDS OF MIT'S SUBSIDIARIES AND RELATED ORGANIZATIONS WORK ADDITIONAL HOURS PER WEEK AS LISTED IN COLUMN (B) OF FORM 990, PART VII.
Schedule J, Part I, Line 1a First-class or charter travel MIT ALLOWS BUSINESS/FIRST CLASS TRAVEL AND COMPANION TRAVEL PURSUANT TO GUIDELINES INCLUDED IN A WRITTEN TRAVEL POLICY. ALL MIT EMPLOYEES, INCLUDING OFFICERS, TRUSTEES, KEY EMPLOYEES AND HIGHLY COMPENSATED INDIVIDUALS, ARE SUBJECT TO THE SAME WRITTEN TRAVEL POLICY.
Schedule J, Part I, Line 1a Travel for companions COMPANION TRAVEL IS ONLY REIMBURSED BY MIT IF THERE IS A BONA FIDE BUSINESS PURPOSE FOR THE COMPANION TO TRAVEL, CONSISTENT WITH MIT'S WRITTEN TRAVEL POLICY. DOCUMENTATION OF THE COMPANION'S BUSINESS PURPOSE IS REQUIRED.
Schedule J, Part I, Line 1a Tax indemnification and gross-up payments ONE OF THE INDIVIDUALS DISCLOSED IN SCHEDULE J RECEIVES LIMITED TAX INDEMNIFICATION AND GROSS UP PAYMENTS. ALL TAX INDEMNIFICATION AND GROSS UP PAYMENTS ARE PURSUANT TO A WRITTEN EMPLOYMENT AGREEMENT.
Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE MIT PRESIDENT IS REQUIRED TO LIVE IN AN MIT OWNED CAMPUS RESIDENCE AS A CONDITION OF EMPLOYMENT AND AS A CONVENIENCE TO MIT. IRS RULES REQUIRE MIT TO ESTIMATE A VALUE FOR SUCH USE AND TO INCLUDE THE VALUE IN THE PRESIDENT'S TOTAL COMPENSATION AS A "NONTAXABLE BENEFIT" (SCHEDULE J, PART II, COLUMN (D)). AS CALCULATED PURSUANT TO IRS RULES, THE ESTIMATED VALUE IS $108,048 FOR PRESIDENT REIF IN CALENDAR YEAR 2019.
Schedule J, Part I, Line 1a Personal services MIT PAYS FOR HOUSEKEEPING OF THE PUBLIC AREAS OF THE PRESIDENT'S HOUSE. FOR THE EXPENSES RELATED TO HOUSEKEEPING SERVICES FOR THE PORTION OF THE MIT OWNED RESIDENCE USED BY THE PRESIDENT'S FAMILY AS THEIR PRIVATE RESIDENCE, MIT INCLUDES THE AMOUNT IN THE PRESIDENT'S TAXABLE INCOME.
Schedule J, Part I, Line 4a Severance or change-of-control payment One employee listed in Part VII, Section A, line 1A received a payment of $65,422 during calendar year 2019.
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan MIT maintains a deferred compensation account for President Reif. Under the terms of the plan, $350,000 was credited to the account in calendar year 2019. This amount is reflected in Schedule J, Part II, Column C. This amount is a credit only and is subject to vesting requirements. President Reif has not yet received any payments from the account. Employees of the MIT Investment Management Company are eligible for incentive compensation based on the performance of the Institute's investments. A portion of their incentive compensation is paid in an initial calendar year, and the remainder is deferred to being paid in the subsequent calendar year contingent on continued service to MITIMCo through specified dates. Incentive compensation actually paid in calendar year 2019 is reflected in Column B(ii). This includes incentive compensation from prior calendar years for which payment was deferred, contingent on continued service. That amount is listed in Column F. Calendar year 2019 incentive compensation for which payment has been deferred contingent on continued service is included in Column C.
Schedule J, Part I, Line 7 Non-fixed payments THE MIT INVESTMENT MANAGEMENT COMPANY PAYS CERTAIN EMPLOYEES NON-FIXED AMOUNTS PURSUANT TO AN INCENTIVE COMPENSATION PROGRAM THAT BASES COMPENSATION PAYMENTS ON A NUMBER OF FACTORS. THE PRIMARY BASIS FOR INCENTIVE COMPENSATION PAYMENTS IS THE PERFORMANCE OF MIT'S ENDOWMENT RELATIVE TO PEER AND MARKET BENCHMARKS. THIS IS A COMMON PRACTICE IN HIGHER ED ENDOWMENT MANAGEMENT. IN OTHER INSTANCES, MIT MAY OFFER OTHER EMPLOYEES BONUS PAYMENTS FOR OUTSTANDING PERFORMANCE FROM TIME TO TIME.
Schedule J (Form 990) 2019

Additional Data


Software ID: 19010655
Software Version: 2019v5.0

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax-Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet Attach to Form 990.
SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number
04-2103594
Part Ⅰ
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer		 (i) Pool
financing
Yes No Yes No Yes No
A MASSACHUSETTS HEALTH & EDUCATIONAL FAC
  		04-2456011 57585K3G1 05-07-2003 204,790,814 CONSTRUCTION/RENOVATION/REFUNDING   X   X   X
B MASSACHUSETTS HEALTH & EDUCATIONAL FAC
  		04-2456011 57586CBP9 04-02-2004 150,854,243 CONSTRUCTION AND RENOVATION   X   X   X
C Massachusetts Development Finance Agency
  		04-3431814 57584YWJ4 01-09-2020 221,028,108 Construction and renovation   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired .................. 69,190,000 39,405,000 0  
2 Amount of bonds legally defeased .............. 0 0 0  
3 Total proceeds of issue .................. 205,361,234 151,599,210 211,478,520  
4 Gross proceeds in reserve funds ............. 0 0 0  
5 Capitalized interest from proceeds ............. 0 0 0  
6 Proceeds in refunding escrows ............... 0 0 0  
7 Issuance costs from proceeds ............... 1,040,170 854,243 812,768  
8 Credit enhancement from proceeds ............. 0 0 0  
9 Working capital expenditures from proceeds ............. 0 0 0  
10 Capital expenditures from proceeds ............. 204,321,064 150,744,967 97,652,425  
11 Other spent proceeds ............. 0 0 0  
12 Other unspent proceeds ............. 0 0 113,013,327  
13 Year of substantial completion ............. 2005 2005
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue of tax-exempt
bonds (or, if issued prior to 2018, a current refunding issue)? ........ 		X     X   X    
15 Were the bonds issued as part of an advance refunding issue of taxable
bonds (or, if issued prior to 2018, an advance refunding issue)? ........ 		  X   X   X    
16 Has the final allocation of proceeds been made? .......... X   X     X    
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X          
Part Ⅲ
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X    
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............   X   X   X    
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2019

Schedule K (Form 990) 2019
Page 2
Part Ⅲ
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? ............. X   X   X      
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?   X   X   X    
c Are there any research agreements that may result in private business use of bond-financed property? ............. X   X     X    
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?   X   X        
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....SchKMediumBullet 1.48 % 1.96 % 0 %  
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... SchKMediumBullet 0 % 0 % 0 %  
6 Total of lines 4 and 5 ............. 1.48 % 1.96 % 0 %  
7 Does the bond issue meet the private security or payment test? ...   X   X   X    
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X    
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............                
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........ 		X   X   X      
Part Ⅳ
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X    
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......         X      
b Exception to rebate? ........ X   X   X      
c No rebate due? .........                
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? .....   X   X   X    
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X   X    
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of hedge .........        
d Was the hedge superintegrated? ......                
e Was the hedge terminated? ........                
Schedule K (Form 990) 2019

Schedule K (Form 990) 2019
Page 3
Part Ⅳ
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?   X   X   X    
b Name of provider ..........  
  		 
  		 
  		 
 
c Term of GIC .........        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........                
6 Were any gross proceeds invested beyond an available temporary period?   X   X   X    
7 Has the organization established written procedures to monitor the requirements of section 148? ... X   X   X      
Part Ⅴ
Procedures To Undertake Corrective Action
--------------------------------------------------------------------------------------------------------------- A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X      
Part Ⅵ
Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).
Return Reference Explanation
Schedule K, Part III Lines 3B & 3D MIT ROUTINELY REVIEWS MANAGEMENT AND SERVICES CONTRACTS AND RESEARCH AGREEMENTS RELATING TO ITS BOND-FINANCED PROPERTY FOR PRIVATE BUSINESS USE, USING EITHER IN-HOUSE COUNSEL, OUTSIDE COUNSEL, OR PROFESSIONAL CONTRACT REVIEWERS WHO HAVE EXTENSIVE EXPERIENCE WITH RESPECT TO THE PRIVATE BUSINESS USE RULES AND THE SAFE HARBORS SET FORTH IN REV. PROC. 2007-47, REV. PROC. 97-13, NOTICE 2014-67, AND REV. PROC. 2017-13.
Schedule K, Part II LINE 3 TOTAL PROCEEDS ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED IN PART I COLUMN (E) DUE TO INVESTMENT EARNINGS.
Schedule K, Part III Line 4 PRIVATE BUSINESS USE ADDITIONAL INFORMATION IT IS MIT'S POLICY TO ENSURE THAT ITS MANAGEMENT CONTRACTS FALL WITHIN THE SAFE HARBORS SET FORTH IN REVENUE PROCEDURE 97-13, NOTICE 2014-67, AND REVENUE PROCEDURE 2017-13, AND THAT ITS PRIVATE SPONSORED RESEARCH CONTRACTS FALL WITHIN THE REVENUE PROCEDURE 2007-47'S SAFE HARBOR (TOGETHER, THESE TWO TYPES OF CONTRACTS ARE REFERRED TO IN THIS FORM 990 AS "OUTSIDE CONTRACTS"). THIS POLICY ENSURES THAT IN THE UNLIKELY EVENT THAT PRIVATE BUSINESS USE MIGHT ARISE THAT SUCH USE WILL BE MAINTAINED AT A LEVEL THAT IS BELOW THE 5% SAFE HARBOR OF EACH BOND ISSUE. MIT REGULARLY REVIEWS ITS PROCEDURES IN ORDER TO ENSURE COMPLIANCE WITH ITS PRIVATE BUSINESS USE POLICY.
Schedule K (Form 990) 2019

Additional Data


Software ID: 19010655
Software Version: 2019v5.0

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 501(c)(29) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.
1(a) Name of disqualified person (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2019
Schedule L (Form 990 or 990-EZ) 2019
Page 2
Part IV
Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of transaction (d) Description of transaction (e) Sharing of organization's revenues?
Yes No
(1) PAMELA EVANS
  		FAMILY MEMBER OF ERIC EVANS, KEY EMPLOYEE 308,565 MIT EMPLOYMENT   No
(2) Substantial Contributor
  		Substantial Contributor 1,243,942 Software License and Membership Fees   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
Schedule L (Form 990 or 990-EZ) 2019


Additional Data


Software ID: 19010655
Software Version: 2019v5.0




SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large imageGo to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art .... X 6 0 NONE
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications .. X 0 NONE
5 Clothing and household
goods ....... 		X 0 NONE
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 969 54,119,179 Market value
10 Securities—Closely held stock . X 2 449,001 Market value
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous .. X 1 1 Market value
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential . X 1 1,000,000 Market value
16 Real estate—Commercial ..        
17 Real estate—Other ... X 2 2,315,000 Market value
18 Collectibles ..... X 3 0 NONE
19 Food inventory ...        
20 Drugs and medical supplies . X 14 0 NONE
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( Equipment ) X 15 10,854,650 Market value
26 Other Right pointing arrow large image ( Archival Records ) X 8 0 NONE
27 Other Right pointing arrow large image ( Other ) X 3 0 NONE
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement
29
5
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization didn't report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2019)
Schedule M (Form 990) (2019)
Page 2
Part IISupplemental Information. Provide the information required by Part I, lines 30b, 32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
Schedule M, Part I LINE 33 MIT RECORDS ITEMS OF COLLECTIONS AND OTHER PROPERTY AS A GIFT AT NOMINAL VALUE. THEY ARE RECEIVED FOR EDUCATIONAL PURPOSES AND/OR GENERALLY DISPLAYED THROUGHOUT MIT. THEY ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER.
Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions MIT REAL ESTATE FOUNDATION, INC.'S PRIMARY PURPOSE IS TO HOLD AND SELL GIFTS OF REAL ESTATE AND PROPERTY FOR THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY.
Schedule M, Part I Explanations of reporting method for number of contributions Art - Works of art - NUMBER OF CONTRIBUTIONS Securities - Publicly traded - NUMBER OF ITEMS Securities - Closely held stock - NUMBER OF ITEMS Securities - Miscellaneous - NUMBER OF ITEMS Real estate - Other - NUMBER OF CONTRIBUTIONS Collectibles - NUMBER OF CONTRIBUTIONS Drugs and medical supplies - NUMBER OF CONTRIBUTIONS Other - Equipment NUMBER OF CONTRIBUTIONS Other - Archival Records NUMBER OF CONTRIBUTIONS
Schedule M (Form 990) (2019)

Additional Data


Software ID: 19010655
Software Version: 2019v5.0
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Return Reference Explanation
Form 990, Part III, Line 4d Description of other program services (Expenses $ 104,939,000 including grants of $ 11,858,000)(Revenue $ 270,047,000) THIS ITEM CONSISTS OF OTHER EXPENDITURES (INCLUDING GRANTS) INCURRED, AND REVENUES GENERATED IN CONNECTION WITH MIT'S OTHER PROGRAM SERVICES RELATED TO VARIOUS ACTIVITIES IN FURTHERANCE OF AND IN SUPPORT OF MIT'S EXEMPT MISSION WHICH INCLUDED BUT WERE NOT LIMITED TO SUCH THINGS AS FEES AND SERVICES (FOR EXAMPLE, MEDICAL DEPARTMENT, TECHNOLOGY LICENSING OFFICE), AUXILIARY ENTERPRISES (FOR EXAMPLE, HOUSING, DINING), AND OTHER MISCELLANEOUS PROGRAM SERVICE REVENUE.
Form 990, Part VI, Line 1a VOTING MEMBERS THE MIT BYLAWS VEST IN THE EXECUTIVE COMMITTEE OF THE MIT CORPORATION THE RESPONSIBILITY FOR OVERSEEING THE GENERAL ADMINISTRATION AND SUPERINTENDENCE OF ALL MATTERS RELATING TO MIT, INCLUDING ITS EDUCATIONAL AND RESEARCH PROGRAMS, ADMINISTRATION PERFORMANCE, FINANCIAL AFFAIRS, ENDOWMENT, REAL PROPERTY, POLICIES, SYSTEMS, CONTROLS, SPECIAL CONTRACT SERVICES, AND FACULTY TENURE DECISION APPROVAL. THE EXECUTIVE COMMITTEE MEETS NINE OR MORE TIMES EACH YEAR. THE MIT CORPORATION IS A BODY CURRENTLY COMPRISED OF 75 INDIVIDUALS (REFERRED TO AS MEMBERS OF THE CORPORATION), INCLUDING DISTINGUISHED LEADERS IN SCIENCE, ENGINEERING, INDUSTRY, EDUCATION AND PUBLIC SERVICE. CONSISTENT WITH THE MIT BYLAWS, THE CORPORATION MEMBERS ACT AS STEWARDS OF THE PUBLIC TRUST TO PRESERVE MIT'S MISSION. THE CORPORATION MEETS FOUR TIMES EACH YEAR. RECOGNIZING THE SPECIFIC OVERSIGHT RESPONSIBILITY OF THE EXECUTIVE COMMITTEE FOR MIT'S OPERATIONS, MIT TREATS THE EXECUTIVE COMMITTEE AS MIT'S GOVERNING BODY FOR PURPOSES OF RESPONDING TO THE FORM 990.
Form 990, Part VI, Line 4 Significant changes to organizational documents MIT'S BYLAWS WERE AMENDED ON MAY 28, 2020. THE AMENDMENTS REFLECT CHANGES IN THE AUTHORITY OF MIT'S OFFICERS AND THE GOVERNING BODY'S VOTING MEMBERS.
Form 990, Part VI, Line 6 Classes of members or stockholders THE MIT CORPORATION ELECTS THE NON EX-OFFICIO MEMBERS OF MIT'S GOVERNING BODY (THE EXECUTIVE COMMITTEE OF THE CORPORATION).
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE MIT CORPORATION ELECTS THE NON EX-OFFICIO MEMBERS OF MIT'S GOVERNING BODY (THE EXECUTIVE COMMITTEE OF THE CORPORATION). EX-OFFICIO MEMBERS OF THE EXECUTIVE COMMITTEE ARE THE CHAIR OF THE CORPORATION, THE PRESIDENT, THE EXECUTIVE VICE-PRESIDENT AND TREASURER, AND THE CHAIR OF THE INVESTMENT MANAGEMENT COMPANY BOARD OF DIRECTORS.
Form 990, Part VI, Line 11b Review of form 990 by governing body MIT'S OFFICERS RESPONSIBLE FOR MIT'S TAX MATTERS PREPARE MIT'S FORM 990 WITH EXTENSIVE ASSISTANCE FROM MIT'S ACADEMIC AND ADMINISTRATIVE UNITS. SENIOR MIT OFFICERS THEN REVIEW THE FORM 990. FOLLOWING THAT REVIEW AND BEFORE THE FORM 990 IS FILED, MIT'S RISK AND AUDIT COMMITTEE AND EXECUTIVE COMMITTEE (MIT'S GOVERNING BODY) ARE PROVIDED WITH THE FORM AND RELATED SCHEDULES FOR THEIR REVIEW AND COMMENT.
Form 990, Part VI, Line 12c Conflict of interest policy MONITORING AND ENFORCING COMPLIANCE WITH CONFLICT OF INTEREST POLICIES DISCLOSURE: MIT HAS TWO PRIMARY CONFLICT OF INTEREST POLICIES - THE POLICY CONCERNING AVOIDANCE OF CONFLICTS OF INTEREST WHICH COVERS ALL INDIVIDUALS SERVING ON THE MIT EXECUTIVE COMMITTEE (MIT'S GOVERNING BODY) AND CORPORATION, AND THE SECTION OF MIT'S POLICIES AND PROCEDURES TITLED CONFLICT OF INTEREST, WHICH IS GENERALLY APPLICABLE TO ALL MEMBERS OF THE MIT COMMUNITY. ANNUAL DISCLOSURE BOTH POLICIES REQUIRE THAT COVERED INDIVIDUALS ANNUALLY ACKNOWLEDGE IN WRITING THAT THEY ARE AWARE OF THE POLICY AND IDENTIFY ANY RELATIONSHIPS OR RESPONSIBILITIES THAT HAVE THE POTENTIAL OF PRODUCING CONFLICTS OF INTEREST. EACH YEAR, DISCLOSURE FORMS ARE DISTRIBUTED TO THOSE COVERED BY THESE POLICIES. IF A RESPONSE REVEALS A CONFLICT OR POTENTIAL CONFLICT, SUCH CONFLICT IS REFERRED TO THE APPROPRIATE INDIVIDUAL OR BODY FOR CONSIDERATION AND MANAGEMENT. AD HOC DISCLOSURE IN ADDITION TO THE ANNUAL DISCLOSURE PROCESS, POTENTIAL CONFLICTS OF INTEREST OF INDIVIDUALS SERVING ON THE MIT EXECUTIVE COMMITTEE, ON THE CORPORATION OR AS OFFICERS, ARE RAISED, CONSIDERED AND ADDRESSED ON AN AD HOC BASIS. UNDER THE POLICY CONCERNING AVOIDANCE OF CONFLICTS OF INTEREST, IF A MATTER COMES BEFORE THE CORPORATION OR EXECUTIVE COMMITTEE THAT INVOLVES A PERSONAL OR BUSINESS OR OTHER FINANCIAL INTEREST OF A MEMBER OR OFFICER OF THE CORPORATION OR A MEMBER OF HIS OR HER IMMEDIATE FAMILY, THE INDIVIDUAL IS REQUIRED TO DISCLOSE THE INTEREST, REFRAIN FROM PARTICIPATING IN THE DISCUSSION OF THE MATTER (EXCEPT AS NECESSARY TO ANSWER QUESTIONS ASKED BY THE OTHER CORPORATION OR EXECUTIVE COMMITTEE MEMBERS) AND REFRAIN FROM VOTING AND BEING PRESENT WHEN THE VOTE IS TAKEN. IF THE MATTER INVOLVES ONGOING DECISION MAKING OR INVOLVEMENT, THE CORPORATION OR EXECUTIVE COMMITTEE CONTINUES TO MONITOR AND MANAGE THE CONFLICT. WITH RESPECT TO OFFICERS, MIT RELIES UPON A COMBINATION OF THE ANNUAL DISCLOSURES, THE OFFICERS' OBLIGATIONS TO DEVOTE THEIR FULL TIME AND EFFORT TO THE INSTITUTE, THE OFFICERS' FIDUCIARY OBLIGATION TO THE INSTITUTE AND THE OFFICERS' JUDGMENT TO ENSURE THAT CONFLICTS ARE IDENTIFIED. IF A CONFLICT IS IDENTIFIED, THE CONFLICT IS EITHER ELIMINATED OR MANAGED.
Form 990, Part VI, Line 15a Process to establish compensation of top management official THE SALARY SUBCOMMITTEE, A COMMITTEE DESIGNATED BY THE EXECUTIVE COMMITTEE OF THE MIT CORPORATION, REVIEWS DATA ON AN ANNUAL BASIS REGARDING PAY COMPARISONS OF OTHER PEER INSTITUTIONS AND SURVEY DATA COLLECTED BY WILLIS TOWERS WATSON. UPON REVIEW AND DISCUSSION OF THE DATA AND PERFORMANCE FEEDBACK FOR THE INDIVIDUAL, THE SALARY SUBCOMMITTEE MAKES A COMPENSATION DECISION. THE COMMITTEE'S DELIBERATIONS ARE RECORDED IN A TIMELY MANNER IN THE MEETING MINUTES.
Form 990, Part VI, Line 15b Process to establish compensation of other employees THE SALARY SUBCOMMITTEE, A COMMITTEE DESIGNATED BY THE EXECUTIVE COMMITTEE OF THE MIT CORPORATION, REVIEWS DATA ON AN ANNUAL BASIS REGARDING PAY COMPARISONS OF OTHER PEER INSTITUTIONS AND SURVEY DATA COLLECTED BY WILLIS TOWERS WATSON. UPON REVIEW AND DISCUSSION OF THE DATA AND PERFORMANCE FEEDBACK FOR THE INDIVIDUAL, THE SALARY SUBCOMMITTEE MAKES A COMPENSATION DECISION. THE COMMITTEE'S DELIBERATIONS ARE RECORDED IN A TIMELY MANNER IN THE MEETING MINUTES.
Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE ON MIT'S WEBSITE HTTP://WEB.MIT.EDU.
Form 990, Part XI, Line 9 Other changes in net assets or fund balances NET CHANGE IN LIFE INCOME FUNDS - -5148000; POSTRETIREMENT PLAN CHANGES OTHER THAN NET PERIODIC BENEFIT COSTS - -XXX-XX-XXXX; OTHER CHANGES - 12111000;
Form 990, Part VI, Line 2 - BUSINESS RELATIONSHIP ISRAEL RUIZ AND ALAN SPOON WERE MEMBERS OF THE BOARD OF FORTIVE CORPORATION DURING FISCAL YEAR 2020.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2019


Additional Data


Software ID: 19010655
Software Version: 2019v5.0
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
Massachusetts Institute of Technology
 
Employer identification number

04-2103594
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) MIT Private Equity LLC
77 Massachusetts Avenue NE49-3142
c/o MIT
Cambridge,MA02139
04-3490003 		Investments DE -4,237 3,643 Massachusetts Institute of Technology
 
(2) MIT Private Equity Management Company LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
04-3490002 		Investments DE 31,492 33,025 Massachusetts Institute of Technology
 
(3) MIT Private Equity Management Company II LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
43-1964717 		Investments DE 0 0 Massachusetts Institute of Technology
 
(4) MIT Private Equity Management Company III LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
20-4639870 		Investments DE 0 0 Massachusetts Institute of Technology
 
(5) MIT Private Equity Management Company IV LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
26-1356780 		Investments DE 0 0 Massachusetts Institute of Technology
 
(6) Cassini GP LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
82-3143463 		Investments DE -1,504 438 Massachusetts Institute of Technology
 
(7) PEF LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
26-1424379 		Investments DE -13,484 1,252,207 MIT Private Equity Fund III LP
 
(8) Blue Jay Associates LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
04-2103594 		Investments DE 0 0 Massachusetts Institute of Technology
 
(9) 12 Emily Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4257627 		Real Estate MA 2,306,987 39,300,000 Massachusetts Institute of Technology
 
(10) 134 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4682035 		Real Estate MA -1,910 0 Massachusetts Institute of Technology
 
(11) 134 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4695223 		Real Estate MA -2,887 0 Massachusetts Institute of Technology
 
(12) 177 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4279029 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(13) 281-295 Albany Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4298517 		Real Estate MA 1,943,561 35,900,000 Massachusetts Institute of Technology
 
(14) 424-456 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4509441 		Real Estate MA 761,356 26,230,000 Massachusetts Institute of Technology
 
(15) 610 Main Street North Trustee LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4624112 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(16) 610 Main Street South Trustee LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
82-2075860 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(17) 610-700 Main Street Garage Trustee LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4652351 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(18) 620 Memorial Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4249493 		Real Estate MA 5,860,430 118,000,000 Massachusetts Institute of Technology
 
(19) 650 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4613270 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(20) 700 Main Street Trustee LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4626823 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(21) MIT 1010 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4484968 		Real Estate MA -3,033 0 Massachusetts Institute of Technology
 
(22) MIT 1010 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4469185 		Real Estate MA 743,197 25,370,000 Massachusetts Institute of Technology
 
(23) MIT 1039 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4457119 		Real Estate MA -3,033 0 Massachusetts Institute of Technology
 
(24) MIT 1039 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4444669 		Real Estate MA 284,395 11,860,000 Massachusetts Institute of Technology
 
(25) MIT 117 Waverly Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4676654 		Real Estate MA -2,333 0 Massachusetts Institute of Technology
 
(26) MIT 117 Waverly Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4682284 		Real Estate MA -32,408 12,800,000 Massachusetts Institute of Technology
 
(27) MIT 119 Pacific Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4431009 		Real Estate MA -3,032 0 Massachusetts Institute of Technology
 
(28) MIT 119 Pacific Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4417032 		Real Estate MA 83,114 4,710,000 Massachusetts Institute of Technology
 
(29) MIT 12 Emily Street LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4268263 		Real Estate MA -1,200 0 Massachusetts Institute of Technology
 
(30) MIT 128 Sidney Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4318943 		Real Estate MA 2,610,429 45,500,000 Massachusetts Institute of Technology
 
(31) MIT 128 Sidney SPE LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4329881 		Real Estate MA -2,444 0 Massachusetts Institute of Technology
 
(32) MIT 130 Brookline Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-1727616 		Real Estate MA 3,200,208 64,100,000 Massachusetts Institute of Technology
 
(33) MIT 130 Brookline LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4339718 		Real Estate MA -1,200 0 Massachusetts Institute of Technology
 
(34) MIT 139 Main Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4763660 		Real Estate MA -42,690 0 Massachusetts Institute of Technology
 
(35) MIT 139 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4781556 		Real Estate MA 3,363,979 71,600,000 Massachusetts Institute of Technology
 
(36) MIT 142 Waverly Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4361993 		Real Estate MA -3,032 0 Massachusetts Institute of Technology
 
(37) MIT 142 Waverly Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4324924 		Real Estate MA -347,595 11,700,000 Massachusetts Institute of Technology
 
(38) MIT 148 Sidney Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4350211 		Real Estate MA 505,530 19,000,000 Massachusetts Institute of Technology
 
(39) MIT 148 Sidney SPE LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4400934 		Real Estate MA -2,444 0 Massachusetts Institute of Technology
 
(40) MIT 149 Sidney Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4419735 		Real Estate MA 2,527,762 45,188,000 Massachusetts Institute of Technology
 
(41) MIT 149 Sidney SPE LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4439009 		Real Estate MA -2,443 0 Massachusetts Institute of Technology
 
(42) MIT 165 Main Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
83-4453569 		Real Estate MA -11,079 0 Massachusetts Institute of Technology
 
(43) MIT 165 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
83-4466591 		Real Estate MA 0 63,200,233 Massachusetts Institute of Technology
 
(44) MIT 17 Tudor Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-1419417 		Real Estate MA 810,054 12,800,000 Massachusetts Institute of Technology
 
(45) MIT 170171 Sidney LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4653513 		Real Estate MA 172,527 9,925,000 Massachusetts Institute of Technology
 
(46) MIT 177 Massachusetts Avenue LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4289160 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(47) MIT 181 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4347511 		Real Estate MA -65,640 56,500,000 Massachusetts Institute of Technology
 
(48) MIT 181 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
47-5534204 		Real Estate MA 541,377 0 Massachusetts Institute of Technology
 
(49) MIT 187 Sidney Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-5069171 		Real Estate MA -1,702 0 Massachusetts Institute of Technology
 
(50) MIT 187 Sidney Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-5075628 		Real Estate MA -29,959 1,180,000 Massachusetts Institute of Technology
 
(51) MIT 22 Magazine Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-3420155 		Real Estate MA -3,032 0 Massachusetts Institute of Technology
 
(52) MIT 22 Magazine Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-3433185 		Real Estate MA 172,322 12,980,000 Massachusetts Institute of Technology
 
(53) MIT 233 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4402096 		Real Estate MA -3,663 0 Massachusetts Institute of Technology
 
(54) MIT 233 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4398640 		Real Estate MA 38,086 6,355,000 Massachusetts Institute of Technology
 
(55) Mit 238 Main Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
85-3270400 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(56) MIT 238 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4497262 		Real Estate MA -9,126 360,455,851 Massachusetts Institute of Technology
 
(57) MIT 252 Albany Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4703355 		Real Estate MA -2,252 0 Massachusetts Institute of Technology
 
(58) MIT 252 Albany Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4711384 		Real Estate MA -3,645 0 Massachusetts Institute of Technology
 
(59) Mit 266 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
86-1794386 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(60) MIT 281-295 Albany Street LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4307186 		Real Estate MA -1,200 0 Massachusetts Institute of Technology
 
(61) MIT 289 Massachusetts Avenue Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-1170989 		Real Estate MA -3,032 0 Massachusetts Institute of Technology
 
(62) MIT 289 Massachusetts Avenue Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-2439067 		Real Estate MA 18,159 7,040,000 Massachusetts Institute of Technology
 
(63) MIT 300 Third LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4480264 		Real Estate MA 1,138,894 38,660,000 Massachusetts Institute of Technology
 
(64) MIT 314 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4514745 		Real Estate MA -14,354 129,951,609 Massachusetts Institute of Technology
 
(65) MIT 351 Vassar LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4168318 		Real Estate MA 28,692 3,010,000 Massachusetts Institute of Technology
 
(66) MIT 38 Henry Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4736181 		Real Estate MA -2,253 0 Massachusetts Institute of Technology
 
(67) MIT 38 Henry Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4750562 		Real Estate MA -69,022 3,100,000 Massachusetts Institute of Technology
 
(68) MIT 415 Main Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-1153762 		Real Estate MA -61,629 0 Massachusetts Institute of Technology
 
(69) MIT 415 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-1136944 		Real Estate MA 6,097,868 134,000,000 Massachusetts Institute of Technology
 
(70) MIT 424-456 Massachusetts Avenue LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4493299 		Real Estate MA -2,621 0 Massachusetts Institute of Technology
 
(71) MIT 589 Putnam Avenue Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-5179715 		Real Estate MA -710 0 Massachusetts Institute of Technology
 
(72) MIT 589 Putnam Avenue Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-5189010 		Real Estate MA 1,896 1,717,000 Massachusetts Institute of Technology
 
(73) MIT 600 Main Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-5094585 		Real Estate MA -1,154 0 Massachusetts Institute of Technology
 
(74) MIT 600 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-5115630 		Real Estate MA -412,525 43,000,000 Massachusetts Institute of Technology
 
(75) MIT 620 Memorial LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4238931 		Real Estate MA -1,200 0 Massachusetts Institute of Technology
 
(76) MIT 636 Putnam Avenue LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-5619441 		Real Estate MA -80,008 2,400,000 Massachusetts Institute of Technology
 
(77) MIT 640 Memorial Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-1548002 		Real Estate MA -900 1,660,000 Massachusetts Institute of Technology
 
(78) MIT 640 Memorial SPE LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4596884 		Real Estate MA 139,536 23,300,173 Massachusetts Institute of Technology
 
(79) MIT 650 Main Street LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4611506 		Real Estate MA 225,686 42,110,000 Massachusetts Institute of Technology
 
(80) MIT 7 Landsdowne Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-5259291 		Real Estate MA -715 0 Massachusetts Institute of Technology
 
(81) MIT 730 Main Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4583846 		Real Estate MA -1,162 0 Massachusetts Institute of Technology
 
(82) MIT 730 and 750 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4571861 		Real Estate MA -5,725 76,518,633 Massachusetts Institute of Technology
 
(83) MIT 75 Hamilton Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-5130627 		Real Estate MA -2,374 0 Massachusetts Institute of Technology
 
(84) MIT 75 Hamilton Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-5146006 		Real Estate MA 107,574 2,200,000 Massachusetts Institute of Technology
 
(85) MIT 750 Main Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4562956 		Real Estate MA -1,242 0 Massachusetts Institute of Technology
 
(86) MIT 750 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4544139 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(87) MIT 770790 Memorial LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4667544 		Real Estate MA 844,701 27,555,000 Massachusetts Institute of Technology
 
(88) MIT 782 Main Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4380573 		Real Estate MA -3,032 0 Massachusetts Institute of Technology
 
(89) MIT 782 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4368863 		Real Estate MA 319,040 10,645,000 Massachusetts Institute of Technology
 
(90) MIT 8 Carleton Street LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4523741 		Real Estate MA -1,915 0 Massachusetts Institute of Technology
 
(91) MIT 840 Main Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
47-4957426 		Real Estate MA -2,952 0 Massachusetts Institute of Technology
 
(92) MIT 840 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-2421079 		Real Estate MA -16,940 6,020,000 Massachusetts Institute of Technology
 
(93) MIT 882 Main Street Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-2999684 		Real Estate MA -3,033 0 Massachusetts Institute of Technology
 
(94) MIT 882 Main Street Leasehold LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-2972818 		Real Estate MA -84,194 1,355,000 Massachusetts Institute of Technology
 
(95) MIT 99 Erie LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4550283 		Real Estate MA 183,999 5,915,000 Massachusetts Institute of Technology
 
(96) MIT Cambridge Real Estate LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-2653478 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(97) MIT East 300 Block JV LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4600471 		Real Estate MA -7,522 633,979 Massachusetts Institute of Technology
 
(98) MIT One Broadway Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4562852 		Real Estate MA 11,563 0 Massachusetts Institute of Technology
 
(99) MIT One Broadway LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
46-4581832 		Real Estate MA 16,512,079 407,000,000 Massachusetts Institute of Technology
 
(100) MIT Real Estate LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-0643869 		Real Estate MA 2,120,325 179,045,000 Massachusetts Institute of Technology
 
(101) MIT Site N LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
04-2103594 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(102) MIT Site P LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
04-2103594 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(103) MIT Site Q LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
04-2103594 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(104) MIT Site S LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
47-4560662 		Real Estate MA 0 0 Massachusetts Institute of Technology
 
(105) MIT West 300 Block JV LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
81-4529876 		Real Estate MA -2,473 0 Massachusetts Institute of Technology
 
(106) MIT West 300 Block Mass Ave Fee Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
82-0966258 		Real Estate MA 532,890 25,935,000 Massachusetts Institute of Technology
 
(107) Tech Square JV LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
20-5242541 		Real Estate MA -1,965 0 Massachusetts Institute of Technology
 
(108) MIT OT Master Tenant Owner LLC
1 Broadway 9th Floor
c/o MIT
Cambridge,MA02142
83-4030770 		Real Estate MA 0 34,162,697 Massachusetts Institute of Technology
 
Part II
Identification of Related Tax-Exempt Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)MIT International Inc
77 MASSACHUSETTS AVENUE
NE49-3142
CAMBRIDGE,MA02139
81-2731492 		EDUCATION MA 501(c)(3) 7 Massachusetts Institute of Technology
 
Yes
 
(2)MIT Enterprise Forum Inc
ONE MAIN STREET
13th FLOOR
CAMBRIDGE,MA02142
04-2921492 		EDUCATION MA 501(c)(3) 10 TECHNOLOGY REVIEW INC
 
Yes
 
(3)MGHPCC Holyoke Inc
100 BIGELOW STREET

HOLYOKE,MA01040
45-2257442 		RESEARCH MA 501(c)(3) Type I NA
 
 
No
(4)Technology Broadcasting Corporation
3 AMES STREET

CAMBRIDGE,MA02142
23-7154684 		RADIO MA 501(c)(3) 10 Massachusetts Institute of Technology
 
Yes
 
(5)Technology Review Inc
ONE MAIN STREET
13th FLOOR
CAMBRIDGE,MA02142
95-4893200 		PUBLICATION MA 501(c)(3) Type I Massachusetts Institute of Technology
 
Yes
 
(6)The Massachusetts Green High Performance Computing Center Inc
100 BIGELOW STREET

HOLYOKE,MA01040
27-3014805 		RESEARCH MA 501(c)(3) Type I NA
 
 
No
(7)The Lord Foundation of Massachusetts Inc
77 MASSACHUSETTS AVENUE
NE49-3142
CAMBRIDGE,MA02139
04-2748895 		MIT SUPPORT MA 501(c)(3) Type I Massachusetts Institute of Technology
 
Yes
 
(8)Kendall Partners I Inc
1 BROADWAY
9th FLOOR
CAMBRIDGE,MA02142
27-0565900 		TITLE HOLD MA 501(c)(2)   Massachusetts Institute of Technology
 
Yes
 
(9)Massachusetts Institute of Technology Welfare Benefit Plans Trust
77 MASSACHUSETTS AVENUE
NE49-3142
CAMBRIDGE,MA02139
04-3177556 		HEALTH BEN. MA 501(c)(3) Type I Massachusetts Institute of Technology
 
Yes
 
(10)MIT Real Estate Foundation Inc
77 MASSACHUSETTS AVENUE
NE49-3142
CAMBRIDGE,MA02139
04-3397800 		REAL ESTATE MA 501(c)(3) Type I Massachusetts Institute of Technology
 
Yes
 
(11)EdX Inc
141 PORTLAND STREET
9TH FLOOR
CAMBRIDGE,MA02139
46-0807740 		EDUCATION MA 501(c)(3) Type I NA
 
 
No
(12)Fidelity Non-Profit Management Foundation
11 KEEWAYDIN DR
SUITE 100
SALEM,NH03079
22-3195349 		GRANTMAKING DE 501(c)(3) Type I NA
 
 
No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) Alchemy Plan (Cambridge) LP

 
 
98-0203250 		Investments UK Massachusetts Institute of Technology
  		Excluded 0 1,446,826   No 0   No 88 %
(2) Altimeter Special Situations Series Fund LP

1209 ORANGE STREET
WILMINGTON,DE19801
84-4942386 		Investments DE Massachusetts Institute of Technology
  		Excluded 30,522,135 124,417,708   No 0   No 56 %
(3) Browning West Cayman SPV 1 LP

 
 
98-1508693 		Investments CJ Massachusetts Institute of Technology
  		Excluded 65,830 72,225,857   No 0   No 64 %
(4) Cassini Partners LP

1 Broadway
9th Floor
Cambridge,MA02142
82-3143653 		Investments DE Massachusetts Institute of Technology
  		Excluded 136,104,716 1,407,663,772   No 0   No 98.61 %
(5) CSWR Partners LP

9 Joann Circle
Westport,CT06880
83-3990390 		Investments DE Massachusetts Institute of Technology
  		Excluded 4,253,875 130,581,785   No 336,656   No 96 %
(6) Galileo TM LLC

 
 
99-0376894 		Investments BR MIT Investments 2010 LP
  		Excluded 27,615,658 200,221,180   No 0   No 99 %
(7) Hephaestus Energy Fund LP

10000 Memorial Drive
Suite 550
Houston,TX77024
36-4747789 		Investments TX MIT Investments 2010 LP
  		Excluded -25,095,357 27,053,733   No -3,953,132   No 100 %
(8) HSRE-Osborn I LLC

1209 ORANGE STREET
WILMINGTON,DE19801
84-1738022 		INVESTMENTS DE Massachusetts Institute of Technology
  		Excluded 1,039,108 30,398,533   No 0   No 100 %
(9) Ithuba Investments LP

3 Columbus Circle
15th Floor
New York,NY10019
47-4243976 		Investments DE MIT Investments 2010 LP
  		Excluded -3,314,977 99,607,032   No 0   No 90 %
(10) KCC Opportunity Fund I-A LP

 
 
Investments CA MIT Investments 2010 LP
  		Excluded 0 2,605,454   No 0   No 100 %
(11) Leviathan Real Estate Partners LLC

116 Huntington Avenue
Suite 600
Boston,MA02116
47-3349186 		Investments DE Massachusetts Institute of Technology
  		Excluded 77,504 88,872,589   No 0   No 83 %
(12) Magnolia BOC I LP

1411 Harney Street
Suite 200
Omaha,NE68102
82-4397267 		Investments DE Massachusetts Institute of Technology
  		Excluded 0 124,259,363   No 0   No 98 %
(13) Magnolia Capital Opportunity Fund LP

1411 Harney Street
Suite 200
Omaha,NE68102
83-2072527 		Investments DE Massachusetts Institute of Technology
  		Excluded 7,991,525 201,303,290   No 0   No 100 %
(14) Mallard Fund LP

2000 McKinney Avenue
Suite 2125
Dallas,TX75201
20-8974201 		Investments TX Massachusetts Institute of Technology
  		Excluded 959,139 68,037,997   No 666,271   No 88.05 %
(15) Merckx Capital Partners LP

555 California Street
Suite 4900
San Francisco,CA94104
36-4711803 		Investments CA MIT Investments 2010 LP
  		Excluded 27,999,567 177,291,607   No -31,586   No 80 %
(16) MIT Investments 2009 LP

77 Massachusetts Avenue
NE49-3142
Cambridge,MA02139
27-0896088 		Investments DE Massachusetts Institute of Technology
  		Excluded 80,078,685 290,922,838   No 6,423,779 Yes   92.41 %
(17) MIT Investments 2010 LP

77 Massachusetts Avenue
NE49-3142
Cambridge,MA02139
27-0542081 		Investments MA Massachusetts Institute of Technology
  		Excluded 730,040,354 10,534,395,766   No -32,356,630 Yes   100 %
(18) MIT Private Equity Fund LP

77 Massachusetts Avenue
NE49-3142
Cambridge,MA02139
04-3490004 		Investments DE MIT Private Equity LLC
  		Excluded -478,825 622,091   No 0   No 41 %
(19) MIT Private Equity Fund II LP

77 Massachusetts Avenue
NE49-3142
Cambridge,MA02139
45-0480232 		Investments DE MIT Private Equity II LLC
  		Excluded 107,591 3,238,231   No 0   No 40 %
(20) MIT Private Equity Fund III LP

77 Massachusetts Avenue
NE49-3142
Cambridge,MA02139
20-4640729 		Investments DE MIT Private Equity III LLC
  		Excluded 2,107,126 18,289,028   No 2,826   No 28 %
(21) MIT Private Equity Fund IV LP

77 Massachusetts Avenue
NE49-3142
Cambridge,MA02139
26-1349728 		Investments DE MIT Private Equity IV LLC
  		Excluded 652,332 7,127,774   No 13,049   No 27 %
(22) MIT Private Equity II LLC

77 Massachusetts Avenue
NE49-3142
Cambridge,MA02139
75-3066771 		Investments DE Massachusetts Institute of Technology
  		Excluded 531 145,377   No 0 Yes   100 %
(23) MIT Private Equity III LLC

77 Massachusetts Avenue
NE49-3142
Cambridge,MA02139
20-4639783 		Investments DE Massachusetts Institute of Technology
  		Excluded 15,992 234,418   No 22 Yes   100 %
(24) MIT Private Equity IV LLC

77 Massachusetts Avenue
NE49-3142
Cambridge,MA02139
26-1356668 		Investments DE Massachusetts Institute of Technology
  		Excluded 5,166 132,677   No 105 Yes   100 %
(25) Mudita Archimedes LP

535 Pacific Avenue
4th Floor
San Francisco,CA94133
81-3445986 		Investments DE MIT Investments 2010 LP
  		Excluded -1,143,171 262,145,663   No 0   No 99 %
(26) Mudita Original Onshore Feeder LP

535 Pacific Avenue
4th Floor
San Francisco,CA94133
82-5151455 		Investments DE Massachusetts Institute of Technology
  		Excluded 888,180 21,922,383   No -66,888   No 100 %
(27) Northaven Partners III LP

46 Robin Glen Road
Watchung,NJ07069
13-3908626 		Investments NY Massachusetts Institute of Technology
  		Excluded 368 979,273   No 0   No 65 %
(28) Standard Partners Fund LP

309 Hawthorne Place
Lawrenceville,NJ08648
37-1762191 		Investments DE MIT Investments 2010 LP
  		Excluded -283,568 12,279,917   No 0   No 69 %
(29) Wexford MIT Energy II LP

411 West Putnam Avenue
Suite 125
Greenwich,CT06830
76-0787877 		Investments CT Massachusetts Institute of Technology
  		Excluded 740,651 4,380,233   No -46,514   No 91 %
Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) ABG Capital

Citco Mauritius Limited
4th Floor Tower A
Cybercity,Ebene72201
MP
Investments MP MIT Investments 2010 LP
  		C Corporation 5,625,597 419,623,596 100 % Yes  
(2) Admetos Assets Limited

Trident Chambers PO Box 146
Road Town,TortolaVG1110
VI
Investments VI MIT Investments 2010 LP
  		C Corporation -214,647 29,986,785 100 % Yes  
(3) Aperimus Offshore Fund Ltd

75 Fort Street
PO Box 1350
Georgetown,Grand CaymanKY11108
CJ
Investments CJ Massachusetts Institute of Technology
  		C Corporation 3,584,712 152,884,940 99 % Yes  
(4) AtomVest Offshore Fund Limited

190 Elgin Avenue
Georgetown,Grand CaymanKY19007
CJ
Investments CJ Massachusetts Institute of Technology
  		C Corporation 6,567,608 146,116,643 82 % Yes  
(5) Bose Corporation

The Mountain
Framingham,MA01701
04-2655386 		Product Development DE Massachusetts Institute of Technology
  		C Corporation       Yes  
(6) Foxhaven Capital (Offshore) Ltd

PO Box 309 Ugland House
c/o Maples Corporate Services Ltd
Georgetown,Grand CaymanKY11104
CJ
Investments CJ MIT Investments 2010 LP
  		C Corporation 11,318,923 168,655,184 54 % Yes  
(7) Gaoling Feeder II

27 Hospital Road
c/o Walkers Corporate Services Ltd
Georgetown,Grand CaymanKY19008
CJ
Investments CJ Massachusetts Institute of Technology
  		C Corporation 5,708,719 594,491,811 100 % Yes  
(8) Hyde Park Capital Limited

 
 
Investments UK Massachusetts Institute of Technology
  		C Corporation 106,139 29,392,050 100 % Yes  
(9) MIT EndowmentPatron Scotland LP

50 Lothian Road Festival Square
Edinburgh,MidlothianEH39BY
UK
Investments UK MITPatron GP Limited
  		C Corporation -1,870,110 1,707,750 99 % Yes  
(10) MIT Patron GP Limited

50 Lothian Road Festival Square
Edinburgh,MidlothianEH39BY
UK
Investments UK Massachusetts Institute of Technology
  		C Corporation 0 0 100 % Yes  
(11) Protego Blocker LLC

77 Massachusetts Avenue
NE49-3142
Cambridge,MA02139
81-1672568 		Investments MA Massachusetts Institute of Technology
  		C Corporation 0 288,400 100 % Yes  
(12) MIT India Trust

 
 
Investments IN Massachusetts Institute of Technology
  		Trust 0 1,530 100 % Yes  
(13) The Engine Accelerator Inc

501 Massachusetts Avenue
Cambridge,MA02139
81-4518296 		Innovation Support MA Massachusetts Institute of Technology
  		C Corporation 5,423,777 9,117,875 100 % Yes  
(14) Charitable Lead Trust (1)

 
 
04-6854498 		Investments MA N/A
 Trust          
(15) Charitable Remainder Trusts (407)

 
 
Investments   N/A
 Trust          
(16) MIT Pooled Income Funds (3)

 
 
Investments MA N/A
 Trust          
(17) Perpetual Trusts (23)

 
 
Investments   N/A
 Trust          
(18) MIT PRESS LIMITED

 
 
PUBLICATION UK MIT INTERNATIONAL INC
  		C Corporation 50,476 1,926,925 100 % Yes  
(19) MIT CHILE FOUNDATION

 
 
EDUCATION AND RESEARCH CI MIT INTERNATIONAL INC
  		C Corporation 0 0 100 % Yes  
(20) MIT EGYPT FOR RESEARCH EDUCATION AND INNOVATION

 
 
EDUCATION AND RESEARCH EG MIT INTERNATIONAL INC
  		C Corporation 0 0 100 % Yes  
(21) Terra Australis Property Active Fund II

Level 12 89 York Street
Sydney,NSW2000
AS
INVESTMENTS AS Massachusetts Institute of Technology
  		Trust 4,097,021 3,768,367 87.81 % Yes  
Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page 3
Part V
Transactions With Related Organizations. Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
Yes
 
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
Yes
 
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
Yes
 
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
Yes
 
s Other transfer of cash or property from related organization(s) ............................
1s
Yes
 
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) ABG Capital

 S 97,906,695 CASH
(2) Aperimus Offshore Fund Ltd

 B 38,000,000 CASH
(3) Browning West Cayman SPV I LP

 A 4,742 CASH
(4) Browning West Cayman SPV I LP

 B 65,000,000 CASH
(5) Cassini Partners LP

 A 6,809,237 CASH
(6) Cassini Partners LP

 B 612,196,009 CASH
(7) Cassini Partners LP

 S 168,561,295 CASH
(8) CSWR Partners LP

 A 5,503 CASH
(9) CSWR Partners LP

 B 98,324,235 CASH
(10) Galileo TM LLC

 A 86,041 CASH
(11) Gaoling Feeder II

 B 2,800,000 CASH
(12) Gaoling Feeder II

 S 76,000,000 CASH
(13) Hephaestus Energy Fund LP

 A 932,333 CASH
(14) Hephaestus Energy Fund LP

 S 34,798,867 CASH
(15) Ithuba Investments LP

 A 1,709 CASH
(16) Ithuba Investments LP

 S 1,382,354 CASH
(17) KCC Opportunity Fund I-A LP

 B 2,700,000 CASH
(18) Leviathan Real Estate Partners LLC

 A 77,504 CASH
(19) Leviathan Real Estate Partners LLC

 B 21,225,000 CASH
(20) Lord Foundation of Massachusetts Inc

 C 950,000 CASH
(21) Lord Foundation of Massachusetts Inc

 R 1,294,691 CASH
(22) Magnolia Capital Opportunity Fund LP

 A 43,274 CASH
(23) Magnolia Capital Opportunity Fund LP

 B 125,025,000 CASH
(24) Mallard Fund LP

 A 115,259 CASH
(25) Massachusetts Institute of Technology Welfare Benefit Plans Trust

 R 1,480,000 CASH
(26) Merckx Capital Partners LP

 A 877,712 CASH
(27) MIT International Inc

 C 4,426,536 CASH
(28) MIT International Inc

 D 1,305,197 CASH
(29) MIT Investments 2009 LP

 S 134,699,631 CASH
(30) MIT Investments 2009 LP

 A 4,318,529 CASH
(31) MIT Investments 2010 LP

 A 20,022,909 CASH
(32) MIT Investments 2010 LP

 S 464,165,514 CASH
(33) MIT Private Equity Fund II LP

 A 84,372 CASH
(34) MIT Private Equity Fund II LP

 S 1,911,927 CASH
(35) MIT Private Equity Fund III LP

 A 306,241 CASH
(36) MIT Private Equity Fund III LP

 S 8,078,018 CASH
(37) MIT Private Equity Fund IV LP

 A 28,366 CASH
(38) MIT Private Equity Fund IV LP

 B 393,293 CASH
(39) MIT Private Equity Fund IV LP

 S 2,488,059 CASH
(40) MIT Private Equity Fund LP

 A 7,964 CASH
(41) MIT Private Equity Fund LP

 S 854,625 CASH
(42) MIT Private Equity II LLC

 A 418 CASH
(43) MIT Private Equity III LLC

 A 2,322 CASH
(44) MIT Private Equity III LLC

 S 61,311 CASH
(45) MIT Private Equity IV LLC

 A 225 CASH
(46) Mudita Archimedes LP

 B 64,780,177 CASH
(47) Mudita Original Onshore Feeder LP

 A 162,433 CASH
(48) Mudita Original Onshore Feeder LP

 B 10,000,000 CASH
(49) Northaven Partners III LP

 A 368 CASH
(50) Standard Partners Fund LP

 A 29,079 CASH
(51) Technology Review Inc

 B 4,512,964 CASH
(52) Technology Review Inc

 P 1,879,709 CASH
(53) Wexford MIT Energy II LP

 A 108,302 CASH
(54) MIT International

 B 600,000 CASH
(55) The Engine Accelerator Inc

 A 201,132 CASH
(56) The Engine Accelerator Inc

 D 10,869,988 CASH
(57) Terra Australis Property Active Fund II

 F 376,839 CASH
(58) Terra Australis Property Active Fund II

 S 11,113,270 CASH
Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership. Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V-UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2019
Schedule R (Form 990) 2019
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R. (see instructions).
Return Reference Explanation
Schedule R, Part IV MIT IS THE OWNER OF A MAJORITY OF BOSE CORPORATION'S SHARES, ALTHOUGH MIT HOLDS ONLY CLASS B SHARES. CLASS B SHAREHOLDERS HAVE THE RIGHT TO RECEIVE THE SAME DISTRIBUTIONS WITH RESPECT TO THEIR STOCK AS DO CLASS A SHAREHOLDERS. CLASS B SHAREHOLDERS HAVE NO VOTING POWER OVER BOARD MEMBERSHIP, CORPORATE GOVERNANCE OR OPERATIONAL MATTERS. CLASS B SHAREHOLDERS ARE NOT PERMITTED TO SELL THEIR STOCK WITHOUT THE APPROVAL OF THE BOSE BOARD.
Schedule R, Part II AS A RESULT OF MIT'S CONTROL OF AN ORGANIZATION THAT CONTROLS ANOTHER ORGANIZATION WHICH SERVES AS THE CENTRAL ORGANIZATION UNDER A GROUP EXEMPTION, MIT HAS RELATED ORGANIZATIONS THAT ARE SUBORDINATE ORGANIZATIONS INCLUDED IN A GROUP EXEMPTION. PURSUANT TO IRS INSTRUCTIONS, THESE ORGANIZATIONS ARE NOT REQUIRED TO BE SEPARATELY LISTED ON SCHEDULE R.
Schedule R (Form 990) 2019

Additional Data


Software ID: 19010655
Software Version: 2019v5.0