Public charity
CAMBRIDGE, MAEIN
This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2023
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2023 | 990 | $23,334,000 | $8,383,000 | $6,196,000 | $18,724,000 | $16,689,000 |
| FY2022 | 990 | $2,729,000 | $3,863,000 | $2,505,000 | $34,517,000 | $34,505,000 |
| FY2021 | 990 | $6,428,000 | $8,792,000 | $7,793,000 | $42,886,000 | $42,559,000 |
| FY2020 | 990 | $17,443,000 | $5,652,000 | $4,427,000 | $126,226,000 | $124,736,000 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 100% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| Massachusetts Institute of TechnologyCAMBRIDGE, MA | FUNDRAISING TRANSFERS | $7,793,000 | 2021 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Richard Lester | President | 2.0 | $0 |
| Cynthia Barnhart | Director | 1.0 | $0 |
| Glen Shor | Director | 1.0 | $0 |
| Maria Zuber | Director |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| FUNDRAISING TRANSFERS |
| $6,196,000 |
| 2023 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGYCambridge, MA | FUNDRAISING TRANSFERS | $4,427,000 | 2020 |
| MASSACHUSETTS INSTITUTE OF TECHNOLOGYCAMBRIDGE, MA | FUNDRAISING TRANSFERS | $2,505,000 | 2022 |
| 1.0 |
| $0 |
| Mark DiVincenzo | Director | 1.0 | $0 |
| Katherine Hammer | Treasurer | 1.0 | $0 |
| Magdalene Lee | Vice President (Incoming) | 1.0 | $0 |
| Matthew Fucci | Clerk | 1.0 | $0 |
| Robert Lemp | Vice President (Outgoing) | 1.0 | $0 |
| Charleston Sin | Executive Director, MIT Hong Kong Innovation Node | 40.0 | $244,934 |
| Marina Chan | Senior Director - MIT Hong Kong Innovation Node, Head of Education | 40.0 | $156,819 |
| Nina VanWormer | Associate Director, Global Investment Legal Services | 40.0 | $251,501 |
| Sunnie Lau | Director of Smart City Research and Industry Collaboration - MIT Hong Kong Innovation Node | 40.0 | $130,768 |
Nearest by size, location and giving pattern in the database. Geography weighs heavily. Treat it as a starting list, not a ranking of fit.
Form 990 · FY2024 · period ending Jun 30, 2024IRS bulk XML
Filing id 202541349349308029
Form 990 · FY2023 · period ending Jun 30, 2023IRS bulk XML
Filing id 202431359349304323
Form 990 · FY2022 · period ending Jun 30, 2022
Filing id 202301329349308200
Form 990 · FY2021 · period ending Jun 30, 2021
Filing id 202241329349304344
Form 990 · FY2020 · period ending Jun 30, 2020
Filing id 202141339349303259
Form 990 · FY2019 · period ending Jun 30, 2019
Filing id 202021959349301622
Form 990 · FY2018 · period ending Jun 30, 2018
Filing id 201941349349305989
Form 990 · FY2017 · period ending Jun 30, 2017
Filing id 201801349349301705
Form 990 · FY2016 · period ending Jun 30, 2016
Filing id 201721329349301587
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.