Massachusetts Inst of Tech Trust
EIN 236297385Total Given 2016–2020
$1.2M
6 grants · $239K avg/year
based on 5 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$84K
typical mid grants · $54K–$162K
grant size
100%
deep partner · 1/1 multi-year
repeat
$1.6M
Assets (2019)
1
Distinct Recipients
About
THE TAXPAYER IS NOT REQUIRED TO FILE A COPY OF FORM 990-PF WITH PA BECAUSE IT IS A PURELY PUBLIC CHARITABLE INSTITUTION WHICH RECEIVED CONTRIBUTIONS OF LESS THAN $25,000 AND PROGRAM SERVICE REVENUE DID NOT EQUAL OR EXCEED $5 MILLION IN THE YEAR 2020.
Application Information
Accepts Unsolicited Proposals
No — Preselected Only
Phone
(610) 296-4200
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2016 | $71K | $1.6M | $66K | 1 |
| 2017 | $98K | $1.5M | $62K | 1 |
| 2018 | $49K | $1.4M | $8K | 1 |
| 2019 | N/A | $1.6M | $47K | N/A |
| 2020 | $977K | $0 | $35K | 3 |
Grant Size Distribution
Based on 6 grants on record
Minimum
$20K
25th Pctl
$54K
Median
$84K
Average
$199K
75th Pctl
$162K
Maximum
$774K
Geographic Distribution
Officers & Directors
LS
Lucy B Newlin Sellers
Trustee
WN
William Verplank Newlin
Trustee
WN
William Verplank Newlin
Trustee
LS
Lucy B Newlin Sellers
Trustee
WN
William Verplank Newlin
Trustee
LS
Lucy B Newlin Sellers
Trustee
WN
William Verplank Newlin
Trustee
LS
Lucy B Newlin Sellers
Trustee
LS
Lucy B Newlin Sellers
Trustee
WN
William Verplank Newlin
Trustee
Grants Awarded (6 total)
| Purpose | ||||
|---|---|---|---|---|
| Massachusetts Institute of Technology | Cambridge, MA | $774,117 | FBO RECIPIENT (STATEMENT A: VARIOUS SECURITIES: DISTRIBUTION OF ASSETS IN COMPLETE TERMINATION) | 2020 |
| Massachusetts Institute of Technology | Cambridge, MA | $182,707 | FBO RECIPIENT (STATEMENT A: DISTRIBUTION OF CASH IN COMPLETE TERMINATION) | 2020 |
| Massachusetts Institute of Technology | Cambridge, MA | $98,374 | FBO RECIPIENT | 2017 |
| Massachusetts Institute of Technology | Cambridge, MA | $70,588 | FBO RECIPIENT | 2016 |
| Massachusetts Institute of Technology | Cambridge, MA | $48,753 | FBO RECIPIENT | 2018 |
| Massachusetts Institute of Technology | Cambridge, MA | $20,406 | FBO RECIPIENT | 2020 |