Undergraduate alumni give twice as much to Annual Fund as graduate alumni
The MIT Annual Fund raised a total of $63.3 million in the 2014 fiscal year, which is an increase from the $57.9 million raised in fiscal 2013 and the $50.3 million raised in fiscal 2012.
Of the 2014 sum, MIT alumni donated $48.6 million. A total of 20,091 undergraduate alumni donated $33.1 million; some 12,400 graduate alumni donated $15.5 million.
Among undergraduate alumni, the class of 1964 was the top donor, giving a total of $1.5 million. The top gifts from graduate alumni came from graduates of the Sloan MBA and PhD Programs, raising a total of $4.9 million.
More than 330 companies matched 2,846 of the gifts from individual donors, bringing in a total of $1.9 million to the Annual Fund. The top two matching gifts were from The ExxonMobil Foundation, which gave $386,332, and the General Electric Foundation, which gave $194,820.
The Underclassmen Giving Campaign, consisting of donations from the students graduating in 2015, 2016, and 2017, raised $8,476 from 1,514 donors. The Senior Gift Campaign raised a total of $21,513 from 845 donors.
The MIT Annual Fund is tasked with encouraging annual giving among alumni, parents, students and friends of MIT.