lefile GRAPHIC print - DO NOT PROCESS I As Filed Data - I DLN: 934931340540861 990 Return of Organization Exempt From Income Tax OMB No 1545-0047 Form Under section 501 (c), 527, or 4947 ( a)(1) of the Internal Revenue Code ( except private foundations) 201 4 Department of the Treasury Do not enter social security numbers on this form as it may be made public Internal Revenue Service 1-Information about Form 990 and its instructions is at www.IRS.gov/form990

For the 2014 calendar year, or tax year beginning 07-01-2014 , and ending 06-30-2015 C Name of organization B Check if applicable D Employer identification number Massachusetts Institute of Technology F Address change 04-2103594

F Name change Doing business as

1 Initial return E Telephone number Final Number and street (or P 0 box if mail is not delivered to street address) Room/suite 7 MASSACHUSETTS AVENUE NE49-3142 fl return/terminated (617) 324-8142

1 Amended return City or town, state or province, country, and ZIP or foreign postal code Cambridge, MA 021394307 G Gross receipts $ 26,659,611,000 1 Application pending

F Name and address of principal officer H(a) Is this a group return for L RAFAEL REIF subordinates? (-Yes No 77 MASSACHUSETTS AVENUE NE49-3142 Cambridge, MA 021394307 H(b) Are all subordinates 1 Yes (- No included? I Tax-exempt status F 501(c)(3) 1 501(c) ( ) I (insert no ) (- 4947(a)(1) or F_ 527 If "No," attach a list (see instructions)

J Website : - http //web mit edu H(c) Group exemption number 0-

K Form of organization F Corporation 1 Trust F_ Association (- Other 0- L Year of formation 1861 M State of legal domicile MA Summary 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 w

2 Check this box Of- if the organization discontinued its operations or disposed of more than 25% of its net assets

3 Number of voting members of the governing body (Part VI, line 1a) ...... 3 13 of :' 4 Number of independent voting members of the governing body (Part VI, line 1 b) . . . . 4 10 5 Total number of individuals employed in calendar year 2014 (Part V, line 2a) . 5 24,070 6 Total number of volunteers (estimate if necessary) 6 14,897 7aTotal unrelated business revenue from Part VIII, column (C), line 12 ...... 7a 69,842,000 b Net unrelated business taxable income from Form 990-T, line 34 ...... 7b 0 Prior Year Current Year 8 Contributions and grants (Part VIII, line 1h) . 956,016,000 985,424,000 9 Program service revenue (Part V I I I , l i n e 2g) ...... 1,817,391,000 2,005,751,000 N 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d . 969,651,000 908,466,000 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 327,607,000 142,583,000 12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 12) ...... 4,070,665,000 4,042,224,000 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3) 500,114,000 521,926,000 14 Benefits paid to or for members (Part IX, column (A), line 4) . 0 0 Salaries, other compensation, employee benefits (Part IX, column (A), lines 15 1,352,138,000 1,437,076,000 5-10) 16a Professional fundraising fees (Part IX, column (A), line 11e) 0 889,000

b Total fundraising expenses (Part IX, column (D), line 25) 0-47,339,000 LLJ 17 Other expenses (Part IX, column (A), lines h1a-11d, 11f-24e) . . . . 1,299,487,000 1,402,128,000 18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 3,151,739,000 3,362,019,000 19 Revenue less expenses Subtract line 18 from line 12 . 918,926,000 680,205,000 Beginning of Current End of Year Year -A 20 Total assets (Part X, l i n e 1 6 ) ...... 20,337,912,000 21,882,075,000 M % TS 21 Total l i a b i l i t i e s (Part X, l i n e 2 6 ) ...... 4,256,964,000 4,319,454,000 ZLL 22 Net assets or fund balances Subtract line 21 from line 20 . 166,0 948 000 17 562 621 000 lijaW Signature Block Under penalties of perjury, I declare that I have examined this return, includin my knowledge and belief, it is true, correct, and complete Declaration of preps preparer has any knowledge

Signature of officer Sign Here ISRAEL RUIZ EXECUTIVE VP & TREASURER Type or print name and title

Print/Type preparer's name Preparers signature

Paid Firm's name Pre pare r Use Only Firm's address

May the IRS discuss this return with the preparer shown above? (see instructs For Paperwork Reduction Act Notice, see the separate instructions. Form 990 ( 2014) Page 2 Statement of Program Service Accomplishments Check if Schedule 0 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-EZ7 ...... fl Yes F No If "Yes," describe these new services on Schedule 0 3 Did the organization cease conducting , or make significant changes in how it conducts , any program services? ...... F Yes F7 No If "Yes," describe these changes on Schedule 0 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 $ 1,354,524,000 including grants of $ 83,081,000 ) (Revenue $ 1 ,327,151,000 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 SEE SCHEDULE 0

4b (Code ) ( Expenses $ 811,495,000 including grants of $ 152,926, 000 ) (Revenue $ 641,307,000 INSTRUCTION AND UNSPONSORED RESEARCH MIT IS COMMITTED TO PROVIDING A WORLD-CLASS EDUCATION TO OUR APPROXIMATELY 4,500 UNDERGRADUATES AND APPROXIMATELY 6,800 GRADUATE STUDENTS THE FOCUS OF INSTRUCTION IS NOT ONLY SCIENTIFIC AND TECHNICAL, BUT INCLUDES A STRONG HUMANITIES COMPONENT AND EMPHASIZES CREATIVE PROBLEM SOLVING MIT'S FIVE SCHOOLS (SCIENCE, ENGINEERING, HUMANITIES, ARTS & SOCIAL SCIENCES, ARCHITECTURE & URBAN PLANNING , AND MANAGEMENT) CREATE THE FOUNDATION OF A RIGOROUS MIT EDUCATION, WHICH IS HEIGHTENED BY SERVICE TO COMMUNITIES AROUND THE WORLD

4c (Code ) ( Expenses $ 280,282,000 including grants of $ 280,282 ,000 ) (Revenue $ 0 ) SCHOLARSHIPS AND FELLOWSHIPS (TUITION DISCOUNT) 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 2014-2015, APPROXIMATELY 56% 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

See Additional Data

4d Other program services ( Describe in Schedule 0 (Expenses $ 120,964, 000 including grants of $ 5,637,000 ) ( Revenue $ 230 ,140,000 4e Total program service expenses 1- 2,567,265,000 Form 990 (2014) Form 990 (2014) Page 3 Checklist of Required Schedules Yes No 1 Is the organization described in section 501(c)(3) or4947(a)(1) (other than a private foundation)? If "Yes," Yes complete Schedule As ...... 1 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? 2 Yes 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to No candidates for public office? If "Yes,"complete Schedule C, Part I ...... 3 4 Section 501 ( c)(3) organizations . Did the organization engage in lobbying activities, or have a section 501(h) Yes election in effect during the tax year? If "Yes,"complete Schedule C, Part 1195 ...... 4 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, N o 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 N o Schedule D, Part I ...... 6 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, No the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II . . 7 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," Yes complete Schedule D, Part III ...... 8 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 No negotiation services? If "Yes," complete Schedule D, Part IV ...... 9

10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, 10 Yes permanent endowments, or quasi-endowments? If "Yes,"complete Schedule D, Part V . 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? Yes If "Yes," complete Schedule D, Part VI...... lla b Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more of Yes its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIS ...... llb c Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of No its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII ...... llc d Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets No reported in Part X, line 16? If "Yes," complete Schedule D, Part IX ...... lid e Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part X lle Yes f Did the organization 's separate or consolidated financial statements for the tax year include a footnote that hlf Yes addresses the organization 's liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part X...... 12a Did the organization obtain separate , independent audited financial statements for the tax year? If "Yes," complete Schedule D, Parts XI and XII ...... 12a N o b Was the organization included in consolidated , independent audited financial statements for the tax year? If 12b Yes "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional 13 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes,"completeSchedu leE 13 I 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 ...... 95 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 15 Yes for any foreign organization? If "Yes," complete Schedule F, Parts II and IV 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other Yes assistance to or for foreign individuals? If "Yes," complete Schedule F, Parts III and IV . . . 95 1 16 17 Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part 17 Yes IX, column (A), lines 6 and Ile? If "Yes," complete Schedule G, Part I (see instructions) . . . . 18 Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part No VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II ...... 18 19 Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If 19 No "Yes," complete Schedule G, Part III ......

20a Did the organization operate one or more hospital facilities? If "Yes,"completeScheduleH . . . 20a No b If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return? 20b Form 990 (2014) Form 990 (2014) Page 4 Checklist of Required Schedules (continued) 21 Did the organization report more than $5,000 of grants or other assistance to any domestic organization or 21 Yes domestic government on Part IX, column (A), line 1? If "Yes," complete Schedule I, Parts I and II . . 22 Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part 22 Yes IX, column (A), line 2? If "Yes," complete Schedule I, Parts I and III ...... S 23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's Yes current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," 23 complete Schedule J ...... IN 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 Yes and complete Schedule K. If "No,"go to line 25a ...... 24a 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 No to defease any tax-exempt bonds? . 24c

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 25b No "Yes," complete Schedule L, Part I ...... 26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? 26 Yes If "Yes," complete Schedule L, Part II ...... 19 27 Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family 27 Yes member of any of these persons? If "Yes," complete Schedule L, Part III ...... ID 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, or key employee? If "Yes,"complete Schedule L, Part IV ...... 28a No b A family member of a current or former officer, director, trustee, or key employee? If "Yes," Yes complete Schedule L, Part IV ...... 19 28b c A n entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was No an officer, director, trustee, or direct or indirect owner? If "Yes ," complete Schedule L, Part IV . . 28c 29 Did the organization receive more than $25,000 in non-cash contributions? If "Yes,"completeScheduleM . 29 Yes 30 Did the organization receive contributions of art, historical treasures , or other similar assets, or qualified Yes conservation contributions? If "Yes," complete Schedule M ...... 30 31 Did the organization liquidate, terminate , or dissolve and cease operations? If "Yes," complete Schedule N, No PartI ...... 31 32 Did the organization sell, exchange , dispose of, or transfer more than 25% of its net assets? If "Yes, " complete No Schedule N, Part II ...... 32 33 Did the organization own 100% of an entity disregarded as separate from the organization under Regulations Yes sections 301 7701-2 and 301 7701-3? If "Yes," complete Schedule R, PartI ...... IN 33 34 Was the organization related to any tax-exempt or taxable entity? If "Yes,"complete Schedule R, Part II, III, orIV, Yes and Part V, line 1 ...... 95 34 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 35b Yes entity within the meaning of section 512 (b)(13 )? If "Yes,"complete Schedule R, Part V, line 2 . . . 36 Section 501(c)( 3) organizations . Did the organization make any transfers to an exempt non-charitable related Yes organization? If "Yes," complete Schedule R, Part V, line2 ...... IS 36 37 Did the organization conduct more than 5% of its activities through an entity that is not a related organization No and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VI 37 38 Did the organization complete Schedule 0 and provide explanations in Schedule 0 for Part VI, lines 1 lb and 19? Yes Note . All Form 990 filers are required to complete Schedule 0 ...... 38 Form 990 (2014) Form 990 (2014) Page 5 Statements Regarding Other IRS Filings and Tax Compliance MEW- Check if Schedule 0 contains a response or note to any line in this Part V (- Yes 1 No la Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable . la 24,142 b Enter the number of Forms W-2G included in line la Enter-0- if not applicable lb 0

c Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? . . 1c I Yes 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 24,07C b If at least one is reported on line 2a, did the organization file all required federal employment tax returns? 2b Yes Note . If the sum of lines la and 2a is greater than 250, you may be required to e-file (see instructions)

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 0 . . 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 AR,AS,BA,BR,CJ,CI,CH,CO,EZ,DA,GR,GK, HU , IN , IS , JA , MY , MO , MU , PE , RP , QA , RO If "Yes," enter the name of the foreign country O-SN,TW,TH,TU,AE,UK,VE,KS,VI See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBA R) 5a Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? 5a N o

b Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction? 5b N o 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 6a N o organization solicit any contributions that were not tax deductible as charitable contributions? . . 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 7a Yes services provided to the payor? . 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 82827 ...... 7c Yes d If "Yes," indicate the number of Forms 8282 filed during the year . I 7d I 2

e Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? ...... 7e N o f Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? . . 7f N o 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 9a Did the sponsoring organization make any taxable distributions under section 4966? . . 9a b Did the sponsoring organization make a distribution to a donor, donor advisor, or related person? 9b 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 10b facilities 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? 13a Note . See the instructions for additional information the organization must report on Schedule 0 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 0 . 14b Form 990 (2014) Form 990 ( 2014) Page 6 Lam Governance , Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 1Ob below, describe the circumstances, processes, or changes in Schedule 0. See instructions. Check if Schedule 0 contains a response or note to any line in this Part VI .F Section A . Governing Body and Management Yes No la Enter the number of voting members of the governing body at the end of the tax la 13 year . . 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 0 b Enter the number of voting members included in line la, above, who are independent ...... lb 10 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 3 No supervision of officers, directors or trustees, or key employees to a management company or other person? 4 Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...... 4 No 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 No 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, 7b No or persons other than the governing body? 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 0 ...... 9 No Section B. Policies ( This Section B requests information about p olicies not required b y 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 No 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 0 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 0 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 0 (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 filed- MA , O K 18 Section 6104 requires an organization to make its Form 1023 (or 1024 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 fl Own website fl Another's website F Upon request fl Other (explain in Schedule O ) 19 Describe in Schedule 0 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 -GLEN SHOR

77 MASSACHUSETTS AVENUE NE49-4000 Cambridge, MA 02139 (617) 324-8142 Form 990 (2014) Form 990 (2014) Page 7 Compensation of Officers, Directors , Trustees, Key Employees , Highest Compensated Employees, and Independent Contractors Check if Schedule 0 contains a response or note to any line in this Part VII .(- Section A. Officers, Directors, Trustees, Kev Employees, and Highest Compensated Employees la 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 * 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 * List all of the organization 's current key employees, if any See instructions for definition of "key employee " * 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 * 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 * 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 List persons in the following order individual trustees or directors, institutional trustees, officers, key employees, highest compensated employees, and former such persons fl Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee

(A) (B) (C) (D) (E) (F) Name and Title Average Position (do not check Reportable Reportable Estimated hours per more than one box, unless compensation compensation amount of other week (list person is both an officer from the from related compensation any hours and a director/trustee) organization (W- organizations (W- from the for related ;rl 0 = T 2/1099-MISC) 2/1099-MISC) organization and organizations c 3uo a related below _ Q organizations m art, dotted line) Q a,

4• 4• ^

Form 990 (2014) Form 990 (2014) Page 8 Section A. Officers, Directors , Trustees , Key Employees , and Highest Compensated Employees (continued)

(A) (B) (C) (D) (E) (F) Name and Title Average Position (do not check Reportable Reportable Estimated hours per more than one box, unless compensation compensation amount of other week (list person is both an officer from the from related compensation any hours and a director/trustee) organization (W- organizations (W- from the for related 0- ;rl M= T 2/1099-MISC) 2/1099-MISC) organization and organizations - boo a related below 74 m_ organizations dotted line) C: 7. SL T! fD

a ;3 ur

c

lb Sub-Total ...... 0- c Total from continuation sheets to Part VII, Section A . . . . 0- d Total ( add lines lb and 1c) ...... 0- 12,758,769 0 1,375,115 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-3,558

Yes No 3 Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line la? If "Yes," complete Schedule] forsuch individual ...... 3 Yes 4 For any individual listed on line la, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,0007 If "Yes," complete Schedule] forsuch individual ...... 4 Yes 5 Did any person listed on line la receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule] forsuch person ...... 5 Yes

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) (B) (C) Name and business address Description of services Compensation John Moriarty & Associates CONSTRUCTION 45,002,453 3 CHURCH STREET SUITE 2 WINCHESTER, MA 01890 CONSIGLI CONSTRUCTION CO INC CONSTRUCTION 38,075,331 266 SUMMER STREET BOSTON, MA 02210 BOND BROTHERS INC CONSTRUCTION 32,994,257 145 SPRING STREET EVERETT, MA 02149 SUFFOLK CONSTRUCTION COMPANY INC CONSTRUCTION 23,768,850 65 ALLERTON STREET BOSTON, MA 02119 BARR & BARR INC CONSTRUCTION 15,979,647 260 COCHITUATE RD FRAMINGHAM , MA 01701 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 0-613 Form 990 (2014) Form 990 (2014) Page 9 Statement of Revenue Check if Schedule 0 contains a response or note to any line in this Part VIII F (A) (B) (C) (D) Total revenue Related or Unrelated Revenue exempt business excluded from function revenue tax under revenue sections 512-514 Z la Federated campaigns . la r = b Membership dues . . . . lb 6- 0 0 E c Fundraising events . . . . 1c

d Related organizations . ld tJ' E e Government grants (contributions) le 390,793,000

V f All other contributions, gifts, grants , and if 594,631,000 ^ similar amounts not included above

Noncash contributions included in lines 40,266,000 g la -If $ h Total . Add lines la -1f . 985,424,000

Business Code

2a Sponsored Research Contracts 900099 1,134,304,000 1,134,304,000

a2 b Fees and Services 900099 117,213,000 114,369,000 2,844,000

C Other Programs 900099 20,167,000 20,167,000

d Tuition 900099 621,140,000 621,140,000

e Auxiliary Enterprises 721000 112,927,000 112,913,000 14,000 f All other program service revenue 0 0 0 0

g Total . Add lines 2a -2f ...... 0- 2,005,751,000 3 Investment income ( including dividends , interest, and other similar amounts ) ...... 71,430,000 66,984,000 4,446,000 4 Income from investment of tax- exempt bond proceeds , . 0-

5 Royalties ...... 0- 43,596,000 43,596,000 (i) Real (ii) Personal 6a Gross rents 143,646,000 b Less rental 44,659,000 expenses c Rental income 98,987,000 0 or (loss) d Net rental inco me or ( loss) . lim- 98,987,000 98,987,000 (i) Securities (ii) Other 7a Gross amount from sales of 23,409,764,000 assets other than inventory b Less cost or other basis and 22,572,728,000 sales expenses c Gain or (loss) 837,036,000 0

d Net gain or ( loss) . lim- 837,036,000 837,036,000 8a Gross income from fundraising W events ( not including $ of contributions reported on line 1c) See Part IV, line 18 a

s b Less direct expenses . b c Net income or (loss) from fundraising events . . 0- 9a Gross income from gaming activities See Part IV , line 19 . . a b Less direct expenses . b c Net income or (loss ) from gaming acti vities . . .0- 10a Gross sales of inventory, less returns and allowances . a

b Less cost of goods sold . b c Net income or (loss ) from sales of inventory . lim- Miscellaneous Revenue Business Code 11a b

C d All other revenue . 0 0 0 0 e Total .Add lines 11a-11d 0- 0 12 Total revenue . See Instructions 0- 1 4,042,224,000 2,002,893,000 69,842,000 984,065,000 Form 990 (2014) Form 990 (2014) Page 10 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 0 contains a response or note to any line in this Part IX ...... (C) (D) Do not include amounts reported on lines 6b, (A) (B) Program service Management and Fundraising Total expenses 7b, 8b, 9b, and 10b of Part VIII . expenses general expenses expenses 1 Grants and other assistance to domestic organizations and domestic governments See Part IV, line 21 3,138,000 3,138,000

2 Grants and other assistance to domestic individuals See Part IV, line 22 516,289,000 516,289,000

3 Grants and other assistance to foreign organizations , foreign governments , and foreign individuals See Part IV, lines 15 and 16 2,499,000 2,499,000 4 Benefits paid to or for members . 0 0

5 Compensation of current officers, directors , trustees, and key employees 7,552,000 1,453,000 6,099,000 6 Compensation not included above, to disqualified persons (as defined under section 4958( f)(1)) and persons described in section 4958(c)(3)(B) 250,000 250,000 7 Other salaries and wages 1,123,802,000 869,086,000 226,706,000 28,010,000 8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions ) 77 ,023,000 60,254,000 15,906,000 863,000 9 Other employee benefits 151 ,070,000 114,889,000 31,001,000 5,180,000

10 Payroll taxes 77,379,000 60,532,000 15,980,000 867,000 11 Fees for services ( non-employees)

a Management 45,109,000 26,025,000 19,084,000

b Legal 28,697 ,000 979,000 27,718,000

c Accounting 1,084,000 30,000 1,054,000 d Lobbying . . e Professional fundraising services See Part IV, line 17 889,000 889,000 f Investment management fees 11,498,000 11,498,000

g Other ( If line 11g amount exceeds 10 % of line 25, column (A) amount, list line 11g expenses on Schedule O) 36,581,000 9,496,000 27,085,000 0 12 Advertising and promotion 10,229,000 8,849,000 1,380,000

13 Office expenses 29,967,000 18,608,000 10,462,000 897,000

14 Information technology 41,686,000 12,919,000 28,286,000 481,000

15 Royalties 14,532,000 7,222,000 7,310,000

16 Occupancy 37,034,000 32,120,000 4,859,000 55,000

17 Travel 81,385,000 69,085,000 8,837,000 3,463,000 18 Payments of travel or entertainment expenses for any federal, state, or local public officials 0 0 0 0 19 Conferences , conventions , and meetings 45,767,000 38,093,000 6,241,000 1,433,000

20 Interest 118,932,000 101,811,000 17,050,000 71,000

21 Payments to affiliates 1,880,000 1,880,000

22 Depreciation , depletion, and amortization 146,083,000 132,541,000 13,193,000 349,000

23 Insurance 56,999,000 45,545,000 11,454,000 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 0 a Lab Supplies 43,568,000 42,945,000 623,000

b Subrecipient Agreements 136,862,000 136,862,000 c Facilities Charges 92,491,000 54,693,000 34,925,000 2,873,000

d Equipment Rental and Maintenance 94,896,000 77,911,000 16,851,000 134,000

e All other expenses 326,848,000 121,261,000 203,813,000 1,774,000

25 Total functional expenses. Add lines 1 through 24e 3,362,019,000 2,567,265,000 747,415,000 47,339,000 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 F- if following SOP 98-2 (ASC 958-720)

Form 990 (2014) Form 990 (2014) Page 11 Balance Sheet Check if Schedule 0 contains a response or note to any line in this Part X F (A) (B) Beginning of year End of year 1 Cash-non-interest-bearing 281,363,000 1 301,931,000 2 Savings and temporary cash investments 2, 691, 413, 000 2 2, 028, 407, 000 3 Pledges and grants receivable, net 555, 662, 000 3 624, 535, 000 4 Accounts receivable, net 195,031,000 4 171,262,000 5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees Complete Part II of Schedule L 500,0001 5 500,000 6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L 0 6 7 Notes and loans receivable, net 48,169, 000 7 45, 678, 000 8 Inventories for sale or use 6,506,000 8 6,797,000 9 Prepaid expenses and deferred charges 114, 812, 000 9 148, 640, 000 10a Land, buildings, and equipment cost or other basis Complete Part VI of Schedule D 10a 4,179,197,000 b Less accumulated depreciation . . . . 10b 1 ,362,144,000 2,619,788,0001 10c 2, 817 , 053, 000

11 Investments-publicly traded securities 1, 420, 680, 000 11 1,622 , 389,000 12 Investments-other securities See Part IV, line 11 12, 403, 988, 000 12 14,114, 883, 000 13 Investments-program-related See Part IV, line 11 0 13 14 Intangible assets . . 0 14 0 15 Other assets See Part IV, line 11 0 15 0 16 Total assets. Add lines 1 through 15 (must equal line 34) . . 20, 337, 912, 000 16 21, 882, 075, 000 17 Accounts payable and accrued expenses 504, 032, 000 17 564, 448, 000 18 Grants payable . 0 18 0 19 Deferred revenue . 59, 955, 000 19 76, 002, 000 20 Tax-exempt bond liabilities . 1, 382 , 589, 000 20 863,471,000

21 Escrow or custodial account liability Complete Part IV of Schedule D . . 0 21 0 22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons Complete Part II of Schedule L . . 0 22 - 23 Secured mortgages and notes payable to unrelated third parties 1, 536, 312, 000 23 2, 058, 760, 000 24 Unsecured notes and loans payable to unrelated third parties . 0 24 0 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 . . 774, 076, 000 25 756, 773, 000 26 Total liabilities . Add lines 17 through 25 . . 4, 256, 964, 000 26 4, 319 , 454, 000 Organizations that follow SFAS 117 ( ASC 958), check here 1- F and complete 4) lines 27 through 29, and lines 33 and 34.

C5 27 Unrestricted net assets 6, 520, 412, 000 27 7,127 , 306, 000 M 28 Temporarily restricted net assets 6, 718, 225, 000 28 7, 553 , 447, 000 ca 29 Permanently restricted net assets 2,842, 311,000 29 2,881 , 868,000 r_ Organizations that do not follow SFAS 117 (ASC 958 ), check here 1- fl and complete lines 30 through 34. 30 Capital stock or trust principal, or current funds 0 30 0 31 Paid-in or capital surplus, or land, building or equipment fund 0 31 0 32 Retained earnings, endowment, accumulated income, or other funds 0 32 0 33 Total net assets or fund balances 16, 080, 948, 000 33 17, 562, 621, 000 z 34 Total liabilities and net assets/fund balances 20,337, 912,000 34 21,882 , 075,000 Form 990 (2014) Form 990 (2014) Page 12 « Reconcilliation of Net Assets Check if Schedule 0 contains a response or note to any line in this Part XI . F

1 Total revenue (must equal Part VIII, column (A), line 12) . . 1 4,04 2,22 4,000 2 Total expenses (must equal Part IX, column (A), line 25) . . 2 3,36 2,01 9,000 3 Revenue less expenses Subtract line 2 from line 1 3 68 0,20 5,000 4 Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) 4 16,08 0,94 8,000 5 Net unrealized gains (losses) on investments 5 84 6,70 4,000 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 0) 9 -4 5,23 6,000 10 Net assets or fund balances at end of year Combine lines 3 through 9 (must equal Part X, line 33, column (B)) 10 17,56 2,621,000 Financial Statements and Reporting Check if Schedule 0 contains a response or note to any line in this Part XII (-

Yes No

1 Accounting method used to prepare the Form 990 fl Cash 17 Accrual (Other If the organization changed its method of accounting from a prior year or checked "Other," explain in Schedule 0 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 fl Separate basis fl Consolidated basis fl Both consolidated and separate basis 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 fl Separate basis F Consolidated basis fl Both consolidated and separate basis 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 0 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 3b Yes required audit or audits, explain why in Schedule 0 and describe any steps taken to undergo such audits Form 990 (2014) Additional Data

Software ID : 14000329 Software Version : 2014v1.0 EIN: 04 -2103594 Name : Massachusetts Institute of Technology

Form 990, Part III - Line 4c: Program Service Accomplishments ( See the Instructions)

(Code ) (Expenses $ 120,964,000 including grants of $ 5,637,000 ) ( Revenue $ 230 ,140,000 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 VII - Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors (A) (B) (C) (D) (E) (F) Name and Title Average Position (do not check Reportable Reportable Estimated amount hours per more than one box, unless compensation compensation of other week (list person is both an officer from the from related compensation any hours and a director/trustee) organization (W- organizations (W- from the for related 0 ,o = 2/1099-MISC) 2/1099-MISC) organization and -n organizations _ related below m 0 organizations dotted line) i c rt `

LEI

CD

(1) Robert B Millard 30 00 ...... X X 70,746 0 6,027 Chairman of the Corporation (Incoming) 1 00 (1) John S Reed 30 00 ...... X X 230,722 0 2,941 Chairman of the Corporation (Outgoing) 1 00 (2) L Rafael Reif 60 00 ...... X X 849,906 0 117,981 President 2 00 (3) Israel Ruiz 60 00 ...... X X 557,150 0 49,613 Executive VP and Treasurer 2 00 (4) Denis A Bovin 5 00 ...... X 0 0 0 Executive Committee Member 1 00 (5) James A Champy 5 00 ...... X 0 0 0 Executive Committee Member 0 (6) Lawrence K Fish 5 00 ...... X 0 0 0 Executive Committee Member 0 (7) A Neil Pappalardo 5 00 ...... X 0 0 0 Executive Committee Member 0 (8) Diana Chapman Walsh 5 00 ...... X 0 0 0 Executive Committee Member 0 (9) Barrie R Zesiger 5 00 ...... X 0 0 0 Executive Committee Member 0 (10) Arthur) Samberg 5 00 ...... X 0 0 0 Executive Committee Member 0 (11) Henricus A Termeer 5 00 ...... X 0 0 0 Executive Committee Member 0 (12) John A Thain 5 00 ...... X 0 0 0 Executive Committee Member 1 00 (13) Susan E Whitehead 5 00 ...... X 0 0 0 Executive Committee Member 0 (14) R Gregory Morgan 60 00 ...... X 600,360 0 73,680 Senior VP and Secretary of the Corporation 0 (15) Seth Alexander 60 00 ...... X 1,555,973 0 51,209 President of MITIMCo 2 00 (16) Kirk Kolenbrander 60 00 ...... X 364,901 0 64,072 Vice President 0 (17) Mark DiVincenzo 60 00 ...... X 275,633 0 61,627 VP and General Counsel (Incoming) 0 (18) Claude Canizares 60 00 ...... X 349,405 0 53,630 Vice President 0 (19) Eric Evans 60 00 ...... X 458,448 0 60,403 Director of Lincoln Laboratory 0 (20) Maria Zuber 60 00 ...... X 362,826 0 66,113 VP for Research 2 00 (21) Martin Schmidt 60 00 ...... X 502,765 0 107,418 Provost 1 00 (22) Cynthia Barnhart 60 00 ...... X 329,956 0 64,459 Chancellor 1 00 (23) Steven Marsh 60 00 ...... X 1,199, 016 0 67,013 Managing Director - MITIMCo 0 (24) Charles Fine 60 00 ...... X 793,877 0 112,529 Professor - Sloan School of Management 0 Form 990, Part VII - Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors (A) (B) (C) (D) ( E) (F) Name and Title Average Position (do not check Reportable Reportable Estimated amount hours per more than one box, unless compensation compensation of other week (list person is both an officer from the from related compensation any hours and a director/trustee) organization (W- organizations (W- from the for related 0 ,o = 2/1099-MISC) 2/1099-MISC) organization and -n organizations _ related below m 0 organizations dotted line) i c rt `

D

(26) Daron Acemoglu 60 00 ...... X 785,598 0 55,782 Professor - Economics 0 (1) Susan Hockfield 60 00 ...... X 975,961 0 119,618 President Emerita and Professor 0 (2) Roberto Fernandez 60 00 ...... X 776,420 0 66,758 Professor - Sloan School of Management 0 (3) Phillip Clay (Former Chancellor) 40 00 ...... X 326,267 0 33,527 Professor 0 (4) W Eric Grimson (Former Chancellor) 40 00 ...... X 343,740 0 72,213 Chancellor for Academic Advancement 0 (5) Chris Kaiser (Former Provost) 40 00 ...... X 592,069 0 59,981 Professor 1 00 (6) Jeffrey Newton 40 00 X 457,030 0 8,521 Former VP for Resource Development 0 lefile GRAPHIC print - DO NOT PROCESS I As Filed Data - I DLN: 934931340540861 OMB No 1545-0047 SCHEDULE A Public Charity Status and Public Support (Form 990 or 990EZ) Complete if the organization is a section 501(c)( 3) organization or a section 4947(a)(1) nonexempt charitable trust. 201 4 Department of the Oil Attach to Form 990 or Form 990-EZ. Treasury Oil Information about Schedule A (Form 990 or 990-EZ) and its instructions is at Internal Revenue Service www.irs.gov/form 990. Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 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 11, check only one box ) 1 1 A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i). 2 F A school described in section 170 (b)(1)(A)(ii). (Attach Schedule E ) 3 1 A hospital or a cooperative hospital service organization described in section 170 ( b)(1)(A)(iii). 4 1 A medical research organization operated in conjunction with a hospital described in section 170 (b)(1)(A)(iii). Enter the hospital's name, city, and state 5 fl An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170 ( b)(1)(A)(iv ). (Complete Part II ) 6 fl A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v). 7 n An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170 ( b)(1)(A)(vi ). (Complete Part II ) 8 fl A community trust described in section 170 ( b)(1)(A)(vi ) (Complete Part II ) 9 fl An organization that normally receives (1) more than 331/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions-subject to certain exceptions, and (2) no more than 331/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 See section 509(a)(2). (Complete Part III ) 10 fl An organization organized and operated exclusively to test for public safety See section 509(a)(4). 11 n An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2) See section 509(a)(3). Check the box in lines 11 a through 11d that describes the type of supporting organization and complete lines Ile, 11f, and 11g a fl Type I . A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization You must complete Part IV, Sections A and B. b fl Type II . A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s) You must complete Part IV, Sections A and C. c fl Type III functionally integrated . A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions) You must complete Part IV, Sections A, D, and E. d fl Type III non -functionally integrated . A supporting organization operated in connection with its supported organization(s) that is not functionally integrated The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions) You must complete Part IV, Sections A and D, and Part V. e fl Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization Enter the number of supported organizations ...... Provide the following information about the supported organization(s)

(i)Name of supported (ii) EIN (iii) Type of (iv) Is the organization (v) Amount of (vi) Amount of organization organization listed in your governing monetary support other support (see (described on lines document? (see instructions) instructions) 1- 9 above orIRC section (see instructions)) Yes No

Total

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ . Cat No 11285F Schedule A (Form 990 or 990-EZ) 2014 Schedule A (Form 990 or 990-EZ) 2014 Page 2 MU^ 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 fails to qualify under the tests listed below, please complete Part III.) Section A . Public Support Calendar year (or fiscal year ( a) 2010 ( b) 2011 (c) 2012 ( d) 2013 (e) 2014 (f) Total beginning in) 11111 1 Gifts, grants , contributions, and membership fees received (Do 970,793,000 894,547,000 817,616,000 956,016,000 985,424,000 4,624,396,000 not include any "unusual grants ") 2 Tax revenues levied for the organization ' s benefit and either paid to or expended on its behalf 3 The value of services or facilities furnished by a governmental unit to the organization without charge 4 Total . Add lines 1 through 3 970,793,000 894,547,000 817,616,000 956,016,000 985,424,000 4,624,396,000 5 The portion of total contributions by each person ( other than a governmental unit or publicly supported organization ) included 135,108,100 on line 1 that exceeds 2% of the amount shown on line 11, column (f) 6 Public support . Subtract line 5 4,489,287,900 from line 4 Section B. Total Su pp ort Calendar year ( orfiscaI year (a) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (f) Total beginning in) ► 7 Amounts from line 4 970,793,000 894,547,000 817,616,000 956,016,000 985,424,000 4,624,396,000 8 Gross income from interest, dividends, payments received on securities loans, rents, 275,608,000 269,941,000 231,493,000 257,919,000 191,688,000 1,226,649,000 royalties and income from similar sources 9 Net income from unrelated business activities, whether or not the business is regularly carried on 10 Other income Do not include gain or loss from the sale of 0 0 0 0 0 0 capital assets (Explain in Part VI ) 11 Total support Add lines 7 5,851,045,000 through 10 12 Gross receipts from related activities, etc (see instructions) 12 9,983,398,000 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 ...... ItE Section C. Com p utation of Public Su pp ort Percenta g e 14 Public support percentage for 2014 (line 6, column (f) divided by line 11, column (f)) 14 76 73 15 Public support percentage for 2013 Schedule A, Part II, line 14 15 74 70 % 16a 33 1 / 3% support test-2014. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and stop here . The organization qualifies as a publicly supported organization b 33 1 / 3%support test - 2013. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box and stop here . The organization qualifies as a publicly supported organization 17a 10%-facts-and -circumstances test - 2014. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here . Explain in Part VI how the organization meets the "facts-and-circumstances" test The organization qualifies as a publicly supported organization b 10%-facts-and-circumstances test - 2013. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts- and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test The organization qualifies as a publicly supported organization 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

Schedule A (Form 990 or 990-EZ) 2014 Schedule A (Form 990 or 990-EZ) 2014 Page 3 IMMITM Support Schedule for Organizations Described in Section 509(a)(2) (Complete only if you checked the box on line 9 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 (a) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (f) Total in) 11111 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 Suuuort Calendar year ( or fiscal year beginning (a) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (f) Total in) ► 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, 1Oc, 11, and 12 ) 14 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 Section C. Computation of Public Support Percentage 15 Public support percentage for 2014 ( line 8, column (f) divided by line 13, column (f)) 15 16 Public support percentage from 2013 Schedule A, Part III, line 15 16 Section D . Com p utation of Investment Income Percenta g e 17 Investment income percentage for 2014 (line 10c, column (f) divided by line 13, column (f)) 17 18 Investment income percentage from 2013 Schedule A , Part III, line 17 18 19a 33 1/3% support tests-2014. If the organization did not check the box on line 14 , and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here . The organization qualifies as a publicly supported organization lk'F- b 33 1 / 3% support tests- 2013. If the organization did not check a box on line 14 or line 19a , and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here . The organization qualifies as a publicly supported organization llik^F_ 20 Private foundation . If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions llik^F_

Schedule A (Form 990 or 990-EZ) 2014 Schedule A (Form 990 or 990-EZ) 2014 Page 4 Supporting Organizations LQ&M (Complete only if you checked a box on line 11 of Part I If you checked 11a of Part I, complete Sections A and B If you checked 11b of Part I, complete Sections A and C If you checked 11c of Part I, complete Sections A, D, and E If you checked 11d of Part I, complete Sections A and D, and complete Part V Section A . All Sunnortina Organizations Yes I 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)7 If "Yes," explain in Part VI how the organization determined that thesupported 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 11a or 11b 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 4b being controlled or supervised by or in connection with its supported organizations. . . . c Did the organization support any foreign supported organization that does not have an IRS determination under sections 5 0 1 ( c ) ( 3 ) and 509 (a)(1) or (2 )? If "Yes," explain in Part VI what controls the organization used to ensure 4c that all support to the foreign supported organization was used exclusively for section 170(c)(2)(8) purposes. 5a Did the organization add, substitute, or remove any supported organizations during the tax year? If "Yes,"answer (b) and (c) below Of applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed, (n) the reasons for each such action, (in) 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 (a) its supported organizations, (b) individuals that are part of the charitable class benefited b one or more of its supported organizations, or (c) 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. 7 Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in IRC 4958(c)(3 )(C )), a family member of a substantial contributor, or a 35-percent controlled entity with regard to a substantial contributor? If "Yes,"complete Part I of Schedule L (Form 990).

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 II of Schedule L (Form 990). 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 ))7 If "Yes, "provide detail in Part VI. 9a b Did one or more disqualified persons (as defined in line 9(a)) 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 9(a)) have an ownership interest in , or derive any personal benefit from, assets in which the supporting organization also had an interest? If "Yes, "provide detai l in Part VI. 9c 10a Was the organization subject to the excess business holdings rules ofIRC 4943 because ofIRC 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If "Yes,"answerb 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). lOb 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? lla 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, orc, provide detail in Part VI. 11c

Schedule A (Form 990 or 990-EZ) 2014 Schedule A (Form 990 or 990-EZ) 2014 Page 5 Li^ Supporting Organizations (continued) Section B. Tvne I Sunnortina Organizations 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.

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.

Section C. Type II Supporting Organizations 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).

Section D . All Type III Supporting Organizations 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, (1) a written notice describing the type and amount of support provided during the prior tax year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the organization's governing documents in effect on the date of notification, to the extent not previously provided 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).

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.

Section E. Type III Functionally-Integrated Supporting Organizations Check the box next to the method that the organization used to satisfy the Integral Part Test during the year ( see instructions) a fl The organization satisfied the Activities Test Complete line 2 below b fl The organization is the parent of each of its supported organizations Complete line 3 below c fl The organization supported a governmental entity Describe in Part VI how you supported a government entity (see instructions) 2 Activities Test Answer ( a) and ( b) below. 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 exp lain 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. 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. 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 o each of the supported organizations? Provide details in Part VI. 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.

Schedule A (Form 990 or 990-EZ) 2014 Schedule A (Form 990 or 990-EZ) 2014 Page 6 Part V - Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

1 1 Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov 20, 1970 See instructions . All other Type III non-functionally integrated supporting organizations must complete Sections A through E

(B) Current Year I (A) Prior Year I Section A - Adjusted Net Income (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 Portion of operating expenses paid or incurred for production or collection of 6 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

(B) Current Year (A) Prior Year I Section B - Minimum Asset Amount (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 la b Average monthly cash balances lb c Fair market value of other non-exempt-use assets 1c d Total (add lines la, 1b, and 1c) ld Discount claimed for blockage or other factors (explain in detail in Part e VI) 2 Acquisition indebtedness applicable to non-exempt use assets 2 3 Subtract line 2 from line ld 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 F- Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990 or 990-EZ) 2014 Schedule A (Form 990 or 990-EZ) 2014 Page 7 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

7 Total 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 2014 from Section C, line 6

10 Line 8 amount divided by Line 9 amount

Section E - Distribution Allocations ( see (i) st r (^^^) Underdi ibutions Distributable instructions ) Excess Distributions Pre-2014 Amount for 2014 1 Distributable amount for 2014 from Section C, line 6 2 U nderdistributions, if any, for years prior to 2014 (reasonable cause required--see instructions) 3 Excess distributions carryover, if any, to 2014 a From 2009. b From 2010. c From 2011. d From 2012. e From 2013. f Total of lines 3a through e g Applied to underdistributions of prior years h Applied to 2014 distributable amount i Carryover from 2009 not applied (see instructions) j Remainder Subtract lines 3g, 3h, and 3i from 3f 4 Distributions for 2014 from Section D, line 7

a Applied to underdistributions of prior years b Applied to 2014 distributable amount c Remainder Subtract lines 4a and 4b from 4 5 Remaining underdistributions for years prior to 2014, if any Subtract lines 3g and 4a from line 2 (if amount greater than zero, see instructions) 6 Remaining underdistributions for 2014 Subtract lines 3h and 4b from line 1 (if amount greater than zero, see instructions) 7 Excess distributions carryoverto 2015 . Add lines 3j and 4c 8 Breakdown of line 7 a From 2010. b From 2011. c From 2012. d From 2013. e From 2014. Schedule A (Form 990 or 990-EZ) (2014) Schedule A (Form 990 or 990-EZ) 2014 Page 8 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 le; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this Dart for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference Explanation Schedule A (Form 990 or 990-EZ) 2014 l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493134054086 OMB No 1545-0047 SCHEDULE C Political Campaign and Lobbying Activities (Form 990 or 990-EZ ) For Organizations Exempt From Income Tax Under section 501(c) and section 527 201 4 Complete if the organization is described below . Attach to Form 990 or Form 990-EZ. Department of the Treasury 1- 0- 0- Information about Schedule C (Form 990 or 990-EZ) and its instructions is at Ope n Internal Revenue Service www.irs . Qov/form990 . Inspection If the organization answered "Yes" to Form 990, Part IV , Line 3 , or Form 990-EZ , Part V, line 46 (Political Campaign Activities), then • Section 501(c)(3) organizations Complete Parts I-A and B Do not complete Part I-C • Section 501(c) (other than section 501(c)(3)) organizations Complete Parts I-A and C below Do not complete Part I-B • Section 527 organizations Complete Part I-A only If the organization answered "Yes" to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 ( Lobbying Activities), then • 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 • 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" to 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 * Section 501(c)(4), (5), or (6) organizations Complete Part III Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 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 2 Political expenditures 0- $ 3 Volunteer hours

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 0- $ 2 Enter the amount of any excise tax incurred by organization managers under section 4955 0- $ 3 If the organization incurred a section 4955 tax, did it file Form 4720 for this year? fl Yes fl No 4a Was a correction made? fl Yes fl No b If "Yes," describe in Part IV rMWINT-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 0- $ 2 Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities 0- $

3 Total exempt function expenditures Add lines 1 and 2 Enter here and on Form 1120-PO L, line 17b 0- $

4 Did the filing organization file Form 1120-POL for this year? fl Yes fl No 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 (e) Amount of political filing organization's contributions received funds If none, enter -0- and promptly and directly delivered to a separate political organization If none, enter -0-

For Paperwork Reduction Act notice, see the instructions for Form 990 or 990 -EZ. Cat No 50084S Schedule C (Form 990 or 990-EZ) 2014 Schedule C (Form 990 or 990-EZ) 2014 Page 2 Complete if the organization is exempt under section 501 ( c)(3) and filed Form 5768 (election under section 501(h)). A Check - (- if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures) B Check - (- if the filing organization checked box A and "limited control" provisions apply (a) Filing (b) Affiliated Limits on Lobbying Expenditures organization's group (The term "expenditures " means amounts paid or incurred .) totals totals la 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 la 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 le, column ( a) or (b) is: The lobbying nontaxable amount is: Not over $500,000 20% of the amount on line le

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 la If zero or less, enter-0- i Subtract line 1f from line 1c If zero or less, enter-0- LE i If there is an amount other than zero on either line 1h or line 11, did the organization file Form 4720 reporting F- Yes F- No 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 (a) 2011 (b) 2012 (c) 2013 (d) 2014 (e) Total beginning in)

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) 2014 Schedule C (Form 990 or 990-EZ) 2014 Pa g e 3 Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 election under section 501 ( h )) . (a) (b) For each "Yes " response to lines la through li below, provide in Part IV a detailed description of the lobbying activity. Yes No 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 154,415 h Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? No i Other activities? Yes j Total Add lines 1c through 11 154,415 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? 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 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 111-A , lines 1 and 2, are answered " No" OR ( b) Part 111-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 Su lementalInformation

Provide the descriptions required for Part I-A, line 1, Part I-B, line 4, Part I-C, line 5, Part II-A (affiliated group list), Part II-A, lines 1 and 7 (cap instnirtinns and Part II-R Iina 1 A lcn rmmnlata this nart fnr anv a 1ditinnal infnrmatinn

Return Reference Explanation Schedule C, Part II-B, Line 1 LINES 1B & 1G FROM TIME TO TIME, MIT ENGAGES IN LOBBYING ACTIVITY USING MIT'S Description of the Activities Reported OWN PERSONNEL MIT'S EFFORTS REGARDING LEGISLATIVE AND RELATED ACTIVITIES IN on Lines 1A through 1I FY 2015 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 OFTHE DUES PAID TO THESE ORGANIZATIONS MAY BE USED TO LOBBY BY THE ASSOCIATIONS

Schedule C (Form 990 or 990EZ) 2014 Schedule C (Form 990 or 990-EZ) 2013 Page 4

Schedule C (Form 990 or 990EZ) 2014 lefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493134054086 OMB No 1545-0047 SCHEDULE D Supplemental Financial Statements (Form 990) 0- Complete if the organization answered "Yes," to Form 990, 2014 Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f , 12a, or 12b. Department of the Treasury 0- Attach to Form 990. • . - Internal Revenue Service Information about Schedule D (Form 990) and its instructions is at www. irs.gov/form990 .

Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts . Complete if the org anization answered "Yes" to Form 990 , Part IV , line 6. (a) Donor advised funds (b) Funds and other accounts 1 Total number at end of year 2 Aggregate value of contributions to (during year) 3 Aggregate value of grants from (during year) 4 Aggregate value at end of year 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? F Yes I No 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? fl Yes fl No MRSTI-Conservation Easements . Complete if the organization answered "Yes" to Form 990, Part IV, line 7. 1 Purpose(s) of conservation easements held by the organization (check all that apply) 1 Preservation of land for public use (e g , recreation or education) 1 Preservation of an historically important land area 1 Protection of natural habitat 1 Preservation of a certified historic structure fl Preservation of open space

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 8/17/06, and not on a historic structure listed in the National Register 2d 3 N umber of conservation easements modified, transferred , released, extinguished , or terminated by the organization during the tax year 0-

4 N umber of states where property subject to conservation easement is located 0- 5 Does the organization have a written policy regarding the periodic monitoring , inspection, handling of violations, and enforcement of the conservation easements it holds? fl Yes fl No 6 Staff and volunteer hours devoted to monitoring, inspecting , and enforcing conservation easements during the year 0- 7 Amount of expenses incurred in monitoring , inspecting , and enforcing conservation easements during the year 0- $ 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)? F Yes 1 No 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 Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete if the oraanization answered "Yes" to Form 990. Part IV. line 8. la If the organization elected, as permitted under SFAS 116 (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 SFAS 116 (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 in Form 990, Part VIII, line 1 $

(ii)Assets included in Form 990, Part X $ 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 SFAS 116 (ASC 958) relating to these items

a Revenue included in Form 990, Part VIII, line 1 0- $ 0

b Assets included in Form 990, Part X 0- $ 0 For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat No 52283D Schedule D (Form 990) 2014 Schedule D (Form 990) 2014 Page 2 r:FTnFW 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 F Public exhibition d fl Loan or exchange programs b F Scholarly research e (- Other

c F Preservation for future generations 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? 1 Yes F No Escrow and Custodial Arrangements . Complete if the organization answered "Yes" to Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21. la Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not included on Form 990, Part X7 1 Yes F No b If "Yes," explain the arrangement in Part XIII and complete the following table A mount c Beginning balance 1c d Additions during the year ld e Distributions during the year le f Ending balance if 2a Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? 1 Yes 1 No

b If "Yes," explain the arrangement in Part XIII Check here if the explanation has been provided in Part XIII ...... 1 MITIT-Endowment Funds . Com p lete if the org anization answered "Yes" to Form 990 , Part IV , line 10. (a)Current year (b)Prior year b (c)Two years back (d)Three years back (e)Four years back la Beginning of year balance . 12,589,776,000 11,005,930,000 10,308,273,000 9,853,574,000 8,463,458,000 b Contributions 166,646,000 192,422,000 136,980,000 180,985,000 313,644,000 c Net investment earnings, gains, and losses 1,495,654,000 1,921,163,000 1,075,065,000 754,548,000 1,431,852,000 d Grants or scholarships . 111,034,000 104,323,000 98,947,000 93,944,000 88,414,000 e Other expenditures for facilities and programs 434,827,000 411,108,000 400,353,000 374,661,000 254,932,000 f Administrative expenses 18, 276, 000 14, 308, 000 15, 088, 000 12, 229, 000 12, 034, 000 g End of year balance . 13, 687, 939, 000 12, 589, 776, 000 11, 005, 930, 000 10, 308, 273, 000 9, 853, 574, 000

2 Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as

a Board designated or quasi-endowment 0- 29 54 %

b Permanent endowment 0- 20 12 % c Temporarily restricted endowment 0- 50 34 % The percentages in 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) Yes (ii) related organizations ...... 3a(ii) Yes b If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? . . I 3b I Yes 4 Describe in Part XIII the intended uses of the organization's endowment funds Land , Buildings , and Equipment . Complete if the organization answered 'Yes' to Form 990, Part IV, line I l a. See Form 990. Part X. line 10. Description of property (a) Cost or other (b)Cost or other ( c) Accumulated ( d) Book value basis basis (other) depreciation (investment)

la Land 74 ,298,000 74,298,000

b Buildings 3 ,719,456,000 1,295,103,000 2,424,353,000

c Leasehold improvements 64,525,000 64,525,000

d Equipment 320,918,000 67,041,000 253,877,000 e Other Total . Add lines 1a through 1 e (Column (d) must equal Form 990, Part X, column (B), line 10 (c).) . . 0- 2,817,053,000 Schedule D (Form 990) 2014 Schedule D (Form 990) 2014 Page 3 Investments - Other Securities . Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990. Part X. line 12- (a) Description of security or category ( b)Book value (c) Method of valuation (including name of security) Cost or end-of-year market value (1 )Financial derivatives (2)Closely-held equity interests (3)Other (A) MINORITY INTERESTS 232,415,000 F

(B) FIXED INCOME 280,910,000 F

(C) EQUITIES 8,589,318,000 F

(D)ABSOLUTE RETURN 1,734,169,000 F

(E) REAL ESTATE & REAL ASSETS 3,164,177,000 F

(F) SPLIT INTEREST AGREEMENTS 146,405,000 F

(G) OTHER 3,456,000 F

(H) INTEREST RATE SWAPS -35,967,000 F

Total . (Column (b) must equal Form 990, Part X, col (B) line 12) 14,114,883,000 1: gLvJ$$ Investments - Program Related . Complete it the organization answered 'Yes' to Form 990, Part IV, line 11c. Caa Fnrm QQ(1 Dart X lino 1'^

Form 990, Part X, line 25. 1 (a) Description of liability (b) Book value

Federal income taxes Deferred Revenue and Other Credits 15,705,000 Noncontrolling Interests 232,415,000 Advance Payments 419,859,000 Government Advances 35,561,000 Accrued Benefits 53.233.000

Total . ( Column (b) must equa l Form 990, Part X, col (8) line 25) P. I 7 5 6,7 7 3,0 0 0 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 F Schedule D (Form 990) 2014 Schedule D (Form 990) 2014 Page 4 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the org anization answered 'Yes' to 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 « Reconciliation of Expenses per Audited Financial Statements With Expenses per Return . Complete if the org anization answered 'Yes' to 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 OT1174M Su pp lemental Information Provide the descriptions required for Part II, lines 3, 5, and 9, Part III, lines la and 4, Part IV, lines lb 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 PART III, LINE AS NOTED IN MIT'S AUDITED FINANCIAL STATEMENTS, MIT RECORDS ITEMS OF 1A 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 MIT RECORDS ITEMS OF COLLECTIONS OF ART AS A GIFT AT NOMINAL VALUE THEY ARE Collections of art- description of RECEIVED FOR EDUCATIONAL PURPOSES AND GENERALLY DISPLAYED THROUGHOUT MIT collections IN GENERAL, COLLECTIONS ARE NOT DISPOSED OF FOR FINANCIAL GAIN OR OTHERWISE ENCUMBERED IN ANY MANNER Schedule D , Part V, Line 4 Intended MIT'S ENDOWMENT IS INTENDED TO PROVIDE FINANCIAL SUPPORT TO FURTHER MIT'S uses of endowment funds 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 US GAAP requires MIT to evaluate tax positions taken by the Institute and recognize a tax liability (ASC 740) footnote ( or asset ) if the Institute has taken an uncertain 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, 2015, there are no significant uncertain positions taken or expected to be taken that would require recognition of a liability ( or asset ) or disclosure in the financial statements

Schedule D (Form 990) 2014 Schedule D (Form 990) 2013 Page 5

Schedule D (Form 990) 2014 Additional Data

Software ID : 14000329 Software Version : 2014v1.0 EIN: 04 -2103594 Name : Massachusetts Institute of Technology

Form 990 , Schedule D, Part VII - Investments Other Securities (a) Description of security or cateory ( b)Book value (c) Method of valuation (including name of security) Cost or end-of-year market value (3)Other (A) MINORITY INTERESTS 232,415,000 F

(B) FIXED INCOME 280,910,000 F

(C) EQUITIES 8,589,318,000 F

(D)ABSOLUTE RETURN 1,734,169,000 F

(E) REAL ESTATE & REAL ASSETS 3,164,177,000 F

(F) SPLIT INTEREST AGREEMENTS 146,405,000 F

(G) OTHER 3,456,000 F

(H) INTEREST RATE SWAPS -35,967,000 F l efile GRAPHIC P rint - DO NOT PROCESS As Filed Data - DLN: 93493134054086 SCHEDULE E OMB No 1545-0047 Schools (Form 990 or 990-EZ) if the organization answered "Yes" to Form 990, Part IV, line 13, or Form 990-EZ, Part VI, line 48. 2014 n Attach to Form 990 or Form 990-EZ. Department of the Treasury n Information about Schedule E (Form 990 or 990-EZ) and its instructions is at www . irs.gov/ form990. Internal Revenue Ser ice

Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 YES I 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? I 5f I I 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 Noticee see the Instructions for Form 990 or Form 990 -EZ. Cat No 50085D Schedule E (Form 990 or 990 - EZ) (2014) Schedule E (Form 990 or 990EZ) (2014) Page 2 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 MIT'S PROSPECTIVE STUDENTS CAN FIND THE INSTITUTES RACIALLY NONDISCRIMINATORY POLICY AT ANY RACIALLY TIME DURING THE ADMISSION PROCESS AND THROUGHOUT THE ENTIRE ACADEMIC YEAR AT NONDISCRIMINATORY HTTP//MITADMISSIONS ORG/PAGES/POLICIES MIT'S RACIALLY NONDISCRIMINATORY POLICY FOR THE POLICY GENERAL COMMUNITY CAN BE FOUND IN MIT'S POLICIES & PROCEDURES 7 1 1 OR CAN BE FOUND ON THE INSTITUTES WEBSITE AT HTTP//WEB MIT EDU/POLICIES/ THE INSTITUTE CUSTOMARILY DRAWS A SUBSTANTIAL PERCENTAGE OF ITS STUDENTS NATIONWIDE AND WORLDWIDE AND MAKES ITS RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS KNOWN TO ALL SEGMENTS OF THE GENERAL COMMUNITY IT SERVES BY INCLUDING A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS IN ALL ITS BROCHURES AND CATALOGUES DEALING WITH STUDENT ADMISSIONS, PROGRAMS, AND SCHOLARSHIPS THE INSTITUTE ENROLLS STUDENTS OF RACIAL MINORITY GROUPS IN MEANINGFUL NUMBERS

Schedule E, Part I, Line 6 MIT RECEIVES PELL, FEDERAL SUPPLEMENTAL EDUCATIONAL OPPORTUNITY AND PERKINS LOANS (a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT

Schedule E (Form 990 or 990-EZ) (2014) lefile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493134054086 SCHEDULE F Statement of Activities Outside the United States OMB No 1545-0047 (Form 990) n Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16. 2014 n Attach to Form 990. Department of the Treasury n Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990. Internal Revenue Service Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 General Information on Activities Outside the United States . Complete if the organization answered "Yes" to 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? ...... F Yes fl No

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 (c) Number of (d) Activities conducted in (e) If activity listed in (d) is (f) Total expenditures offices in the employees, region (by type) (e g , a program service, describe for and investments region agents, and fundraising, program specific type of in region independent services, investments, grants service(s) in region contractors in to recipients located in the region region) 1) See Add'I Data

( 2)

( 3)

(4)

( 5)

3a Sub-total 0 0 18 , 242 , 179 b Total from continuation sheets 3 132 2,320,996,753 to Part I c Totals (add lines 3a and 3b) 3 132 2,339,238,932 For Paperwork Reduction Act Notice, see the Instructions for Form 990 . Cat N o 50082W Schedule F (Form 990) 2014 Schedule F (Form 990) 2014 Page 2 Grants and Other Assistance to Organizations or Entities Outside the United States . Complete if the organization answered "Yes" to 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 ( b) IRS code ( c) Region ( d) Purpose of (e) Amount of (f) Manner of (g) Amount ( h) Description ( i) Method of organization section grant cash grant cash of non - cash of non - cash valuation and EIN ( if disbursement assistance assistance (book, FMV, applicable ) appraisal, other) ( 1)

(2)

(3)

(4)

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 . . . . ► Enter total number of other organizations or entities . Schedule F (Form 990) 2014 Schedule F (Form 990) 2014 Page 3 Grants and Other Assistance to Individuals Outside the United States . Complete if the organization answered "Yes" to Form 990, Part IV, line 16. Part III can be duplicated if additional space is needed.

(a) Type of grant or (b) Region (c) Number of (d) Amount of (e) Manner of cash (f) Amount of (g) Description (h) Method of assistance recipients cash grant disbursement non-cash of non-cash valuation assistance assistance (book, FMV, appraisal, other) ( 1) See Add'I Data

(2)

(3)

(4)

(5)

(6)

(7)

(8)

(9)

( 10)

( 11)

( 12)

( 13)

( 14)

( 15)

( 16)

( 17)

( 18)

Schedule F (Form 990) 2014 Schedule F (Form 990) 2014 Page 4 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) F Yes F- N o

2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to 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; do not file with Form 990) F Yes F- N o

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) F Yes F- N o

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 ) F Yes F- No

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) F Yes F- N o

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 file Form 5713, International Boycott Report (see Instructions for Form 5713; do not file with Form 990) F Yes F- N o

schedule F ( Form 990) 2014 Schedule F (Form 990) 2014 Page 5 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).

990 Schedule F, Supplemental Information Return Reference Explanation

Schedule F, Part I, Line 2 Procedures for monitoring MIT PROVIDES SEVERAL TYPES OF GRANTS AND ASSISTANCE TO FOREIGN use of grant funds INDIVIDUALS FOR PRIZES AND AWARDS, THE INDIVIDUAL MUST HAVE MET THE SPECIFIC CRITERIA FOR THE PARTICULAR PRIZE OR AW ARD TO BE SELECTED IN THE CASE OF FELLOWSHIPS, THE INDIVIDUAL IS REQUIRED TO UTILIZE THE FUNDS IN FURTHERANCE OF THEIR EDUCATION AT MIT GRANTS ARE MADE IN THE CONTEXT OF ACADEMIC OR RESEARCH PROGRAMS RECIPIENTS SPEND THEIR GRANT FUNDS UNDER THE SUPERVISION OF THE PRO GRAM AND ARE ACCOUNTABLE THROUGH THE PROGRAM FOR THE USE OF THE FUNDS 990 Schedule F, Supplemental Information Return Reference Explanation

Schedule F, Part I, Line 3(a) LINE A SUBRECIPIENT AGREEMENT IS A RESEARCH SUBCONTRACT WHERE MIT ENGAGES A THIRD PARTY TO 3A PERF ORM EXPERIMENTAL, DEVELOPMENTAL, OR RESEARCH WORK GENERALLY IN CONNECTION WITH A SPONSORED RESEARCH AGREEMENT 990 Schedule F, Supplemental Information Return Reference Explanation

Schedule F, Part I, Line 2 PROCEDURES FOR MONITORING MIT PROVIDES SEVERAL TYPES OF GRANTS AND ASSISTANCETO FOREIGN USE OF GRANT FUNDS INDIVIDUALS FOR PRIZES AND AWARDS, THE INDIVIDUAL MUST HAVE MET THE SPECIFIC CRITERIA FOR THE PARTICULAR PRIZE OR AW ARD TO BE SELECTED IN THE CASE OF FELLOWSHIPS, THE INDIVIDUAL IS REQUIRED TO UTILIZE THE FUNDS IN FURTHERANCE OF THEIR EDUCATION AT MIT GRANTS ARE MADE IN THE CONTEXT OF ACADEMIC OR RESEARCH PROGRAMS RECIPIENTS SPEND THEIR GRANT FUNDS UNDER THE SUPERVISION OF THE PRO GRAM AND ARE ACCOUNTABLE THROUGH THE PROGRAM FOR THE USE OF THE FUNDS Additional Data

Software ID : 14000329 Software Version : 2014v1.0 EIN: 04 -2103594 Name: Massachusetts Institute of Technology

Form 990 Schedule F Part I - Activities Outside The United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (f) Total expenditures offices in the employees or conducted in region (by (d) is a program for region region agents in type) (i e , fundraising, service, describe region program services, specific type of service grants to recipients (s) in region located in the region) East Asia and the Pacific Program Services Subrecipient Agreements 8,329,069

Europe (Including Iceland Program Services Subrecipient Agreements 4,663,093 and Greenland) Middle East and North Program Services Subrecipient Agreements 120,529 Africa Form 990 Schedule F Part I - Activities Outside T he United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (f) Total expenditures offices in the employees or conducted in region (by (d) is a program for region region agents in type) (i e , fundraising, service, describe region program services, specific type of service grants to recipients (s) in region located in the region) North America (Canada & Program Services Subrecipient Agreements 217,966 Mexico only) South America Program Services Subrecipient Agreements 405,754

South Asia Program Services Subrecipient Agreements 1,182,012 Form 990 Schedule F Part I - Activities Outside The United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (f) Total expenditures offices in the employees or conducted in region (by (d) is a program for region region agents in type) (i e , fundraising, service, describe region program services, specific type of service grants to recipients (s) in region located in the region) Sub-Saharan Africa Program Services Subrecipient Agreements 824,822

Central America and the Grantmaking 48,784 Caribbean East Asia and the Pacific Grantmaking 505,136 Form 990 Schedule F Part I - Activities Outside The United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (f) Total expenditures offices in the employees or conducted in region (by (d) is a program for region region agents in type) (i e , fundraising, service, describe region program services, specific type of service grants to recipients (s) in region located in the region) Europe (Including Iceland Grantmaking 609,799 and Greenland) Middle East and North Grantmaking 269,917 Africa North America (Canada & Grantmaking 137,921 Mexico only) Form 990 Schedule F Part I - Activities Outside The United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (f) Total expenditures offices in the employees or conducted in region (by (d) is a program for region region agents in type) (i e , fundraising, service, describe region program services, specific type of service grants to recipients (s) in region located in the region) Russia and Neighboring Grantmaking 77,055 States South America Grantmaking 327,106

South Asia Grantmaking 332,947 Form 990 Schedule F Part I - Activities Outside The United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (f) Total expenditures offices in the employees or conducted in region (by (d) is a program for region region agents in type) (i e , fundraising, service, describe region program services, specific type of service grants to recipients (s) in region located in the region) Sub-Saharan Africa Grantmaking 190,269

East Asia and the Pacific Fundraising 1,005,164

Europe (Including Iceland Fundraising 893,864 and Greenland) Form 990 Schedule F Part I - Activities Outside The United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (f) Total expenditures offices in the employees or conducted in region (by (d) is a program for region region agents in type) (i e , fundraising, service, describe region program services, specific type of service grants to recipients (s) in region located in the region) Middle East and North Africa Fundraising 94,255

North America (Canada & Fundraising 73,075 Mexico only) Russia and Neighboring Fundraising 78,575 States Form 990 Schedule F Part I - Activi ties Outside T he United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (d) (f) Total expenditures offices in the employees or conducted in region (by is a program service, for region region agents in type) (i e , fundraising, describe specific type of region program services, service(s) in region grants to recipients located in the region) South America 1 Fundraising 244,108

South Asia Fundraising 41,666

Central America and the 1 Program Services Education/Research 79,161 Caribbean Form 990 Schedule F Part I - Activi ties Outside T he United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (d) (f) Total expenditures offices in the employees or conducted in region (by is a program service, for region region agents in type) (i e , fundraising, describe specific type of region program services, service(s) in region grants to recipients located in the region) East Asia and the Pacific 1 60 Program Services Education/Research 14,634,886

Europe (Including Iceland 1 44 Program Services Education/Research 13,219,788 and Greenland) Middle East and North 2 Program Services Education/Research 3,992,500 Africa Form 990 Schedule F Part I - Activi ties Outside T he United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (d) (f) Total expenditures offices in the employees or conducted in region (by is a program service, for region region agents in type) (i e , fundraising, describe specific type of region program services, service(s) in region grants to recipients located in the region) North America (Canada & 2 Program Services Education/Research 1,596,854 Mexico only) Russia and Neighboring 8 Program Services Education/Research 3,058,530 States South America 1 8 Program Services Education/Research 1,776,572 Form 990 Schedule F Part I - Activi ties Outside T he United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (d) (f) Total expenditures offices in the employees or conducted in region (by is a program service, for region region agents in type) (i e , fundraising, describe specific type of region program services, service(s) in region grants to recipients located in the region) South Asia 3 Program Services Education/Research 1,510,624

Sub-Saharan Africa 3 Program Services Education/Research 415,789

Antarctica Program Services Education/Research 28,403 Form 990 Schedule F Part I - Activities Outside The United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (f) Total expenditures offices in the employees or conducted in region (by (d) is a program for region region agents in type) (i e , fundraising, service, describe region program services, specific type of service grants to recipients (s) in region located in the region) Central America and the Investments 1,380,012,063 Caribbean East Asia and the Pacific Investments 403,018,222

Europe (Including Iceland Investments 276,288,139 and Greenland) Form 990 Schedule F Part I - Activities Outside The United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (f) Total expenditures offices in the employees or conducted in region (by (d) is a program for region region agents in type) (i e , fundraising, service, describe region program services, specific type of service grants to recipients (s) in region located in the region) North America (Canada & Investments 7,519,603 Mexico only) South America Investments 23,453,742

South Asia Investments 15,155,351 Form 990 Schedule F Part I - Activities Outside The United States (a) Region (b) Number of (c) Number of (d) Activities (e) If activity listed in (f) Total expenditures offices in the employees or conducted in region (by (d) is a program for region region agents in type) (i e , fundraising, service, describe region program services, specific type of service grants to recipients (s) in region located in the region) Sub-Saharan Africa Investments 172,805,819 Form 990 Schedule F Part III - Grants and Assistance to Individuals Outside The U S (a) Type of grant or (b) Region (c)N umber of (d) Amount of cash (e) Manner of cash (f) Amount of non- (g) Description of non- (h) Method of valuation assistance recipients grant disbursement cash assistance cash assistance (book, FMV, appraisal, other)

Public Service Center Central America and 3 9,900 Check Grants the Caribbean Public Service Center East Asia and the 4 14,300 Check Grants Pacific Public Service Center South America 2 3,400 Check Grants Public Service Center South Asia 7 24,113 Check Grants Public Service Center Sub-Saharan Africa 26 94,012 Check Grants Public Service Center Middle East and North 1 745 Check Grants Africa MISTI Stipend East Asia and the 112 444,830 Check Pacific MISTI Stipend Europe (Including 298 454,516 Check Iceland and Greenland) MISTI Stipend Middle East and North 75 243,102 Check Africa MISTI Stipend North America 40 61,785 Check (Canada & Mexico only) Form 990 Schedule F Part III - Grants and Assistance to Individuals Outside The U S (a) Type of grant or (b) Region (c)Number of (d) Amount of cash (e) Manner of cash (f) Amount of non- (g) Description of non- (h) Method of valuation assistance recipients grant disbursement cash assistance cash assistance (book, FMV, appraisal, other)

MISTI Stipend Russia and 28 72,169 Check Neighboring States MISTI Stipend South America 64 292,270 Check MISTI Stipend South Asia 73 209,420 Check MISTI Stipend Sub-Saharan Africa 18 63,571 Check Honoraria East Asia and the 15 6,609 Check Pacific Honoraria Middle East and North 7 9,400 Check Africa Honoraria North America 9 8,464 Check (Canada & Mexico only) Honoraria South America 6 9,000 Check Honoraria South Asia 2 1,600 Check Honoraria Sub-Saharan Africa 2 714 Check Form 990 Schedule F Part III - Grants and Assistance to Individuals Outside The U S (a) Type of grant or (b) Region (c)Number of (d) Amount of cash (e) Manner of cash (f) Amount of non- (g) Description of non- (h) Method of valuation assistance recipients grant disbursement cash assistance cash assistance (book, FMV, appraisal, other)

Honoraria Europe (Including 85 86,070 Check Iceland and Greenland) Honoraria Russia and 1 2,857 Check Neighboring States Prizes &A wards East Asia and the 66 46,809 Check Pacific Prizes &A wards Middle East and North 12 12,448 Check Africa Prizes & Awards North America 34 47,164 Check (Canada & Mexico only) Prizes & Awards South America 6 4,404 Check Prizes & Awards South Asia 32 61,117 Check Prizes & Awards Sub-Saharan Africa 7 3,750 Check Prizes & Awards Europe (Including 52 71,280 Check Iceland and Greenland) Prizes &A wards Central America and 3 1,300 Check the Caribbean Form 990 Schedule F Part III - Grants and Assistance to Individuals Outside The U S (a) Type of grant or (b) Region (c)Number of (d) Amount of cash (e) Manner of cash (f) Amount of non- (g) Description of non- (h) Method of valuation assistance recipients grant disbursement cash assistance cash assistance (book, FMV, appraisal, other)

Prizes &A wards Russia and 3 2,029 Check Neighboring States Fellowships East Asia and the 12 27,588 Check Pacific Fellowships Middle East and North 6 4,222 Check Africa Fellowships North America 8 20,508 Check (Canada & Mexico only) Fellowships South America 7 18,033 Check Fellowships South Asia 9 12,997 Check Fellowships Sub-Saharan Africa 48 28,222 Check Fellowships Europe (Including 25 21,633 Check Iceland and Greenland) Fellowships Central America and 5 2,584 Check the Caribbean l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493134054086 SCHEDULEG Supplemental Information Regarding OMB No 1545-0047 (Form 990 or 990 -EZ) FunA raising or Gaming A%C,Vti ;tiIes Complete if the organization answered " Yes" to Forth 990, Part IV, lines 17 , 18, or 19 , or if the 2014 organization entered more than $ 15,000 on Forth 990-EZ, line 6a. Department of the Treasury 'Attach to Form 990 or Form 990- EZ. r t o r Internal Revenue Service I Information about Schedule G (Forth 990 or 990- EZ) and its instructions is at www.irs.uov/form990. Ins p ecti o n Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 Fundraising Activities . Complete if the organization answered "Yes" to 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 F Mail solicitations e F Solicitation of non-government grants b F Internet and email solicitations f F Solicitation of government grants c F Phone solicitations g 1 Special fundraising events d F In-person solicitations

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? F Yes 1! No b If "Yes," list the ten 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 (ii) Activity (iii) Did (iv) Gross receipts (v) Amount paid to (vi) Amount paid to individual fundraiser have from activity (or retained by) (or retained by) or entity (fundraiser) custody or fundraiser listed in organization control of col (i) contributions? Yes No 1 FUNDRAISING No 0 386,779 -386,779 The Brand Union Co Inc CONSULTING 3 Columbus Circle

NewYork NY 10019 2 FUNDRAISING No 0 313,683 -313,683 Blue State Digital CONSULTING 406 7th Street NW 3rd Floor Washington, DC 20004 3 FUNDRAISING No 0 172,428 -172,428 Propeller Group VIDEO 2535 Townsgate Road Suite 100 Westlake Village, CA 91361 4 FUNDRAISING No 0 16,200 -16,200 Cynthia Greenleaf CONSULTING 4375 Congress Street

Fairfield, CT 06824 5

6

7

8

9

10

Total ...... 0 889,090 -889,090

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 Noticee see the Instructions for Form 990or 990-EZ . Cat No 50083H Schedule G (Form 990 or 990-EZ) 2014 Schedule G (Form 990 or 990-EZ) 2014 Page 2 Fundraising Events . Complete if the organization answered "Yes" to 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. (a) Event #1 (b) Event #2 (c) Other events (d) Total events (add col (a) through col (c)) (event type) (event type) (total number) co 1 Gross receipts 75 2 Less Contributions

3 Gross income (line 1 minus line 2)

4 Cash prizes

5 Noncash prizes u7 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) ...... ► 11 Net income summary Subtract line 10 from line 3, column (d) ...... ► Gaming . Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a. (a) Bingo (b) Pull tabs/Instant (c) Other gaming (d) Total gaming (add bingo/progressive bingo col (a) through col co (c)) 1 Gross revenue .

2 Cash prizes u) C 3 Non-cash prizes

LIJ 4 Rent/facility costs .

5 Other direct expenses

%_ F F Yes F Yes------Yes- %o 6 Volunteer labor fl No fl No F No

7 Direct expense summary Add lines 2 through 5 in column (d) ►

8 Net gaming income summary Subtract line 7 from line 1, column (d) ►

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? ...... Yes r No b If "No," explain

------10a Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . . . . F Yes F No b If "Yes," explain ------

Schedule G (Form 990 or 990-EZ) 2014 Schedule G (Form 990 or 990-EZ) 2014 Page 3

11 Does the organization conduct gaming activities with nonmembers? ...... Yes No 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? ...... Yes No 13 Indicate the percentage of gaming activities 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 '

Address '

15a Does the organization have a contract with a third party from whom the organization receives gaming

revenue? ...... r- Yes r- No b If "Yes," enter the amount of gaming revenue received by the organization 111 $ and the

amount of gaming revenue retained by the third party ► $ c If "Yes," enter name and address of the third party

Name ►

Address ► ------

16 Gaming manager information

Name ►

Gaming manager compensation 11111 $

Description of services provided ► ------

r- Director/officer Employee Independent contractor 17 Mandatory distributions a Is the organization required understate law to make charitable distributions from the gaming proceeds to

retain the state gaming license? ...... F Yes F No 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 $ 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 I Explanation

Schedule G, Part I, Line 2b INO FUNDRAISING EVENTS WERE CONDUCTED IN RELATION TO THE AMOUNTS PAID TO THE FUNDRAISING EVENTS PROFESSIONAL FUNDRAISERS ADDITIONALLY, MIT DID NOT CONDUCT FUNDRAISING EVENTS PER IRS DEFINITIONS Schedule G (Form 990 or 990-EZ) 2014 l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493134054086 Schedule I OMB No 1545-0047 (Form 990 ) Grants and Other Assistance to Organizations, Governments and Individuals in the United States 2014 Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22. Department of the Treasury lik, Attach to Form 990. • Internal Revenue Service ► Information about Schedule I (Form 990) and its instructions is at www. irs.gov /form990 . Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 jlj^l 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? ...... F Yes 1 No 2 Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States Grants and Other Assistance to Domestic Organizations and Domestic Governments . Complete if the organization answered "Yes" to 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 (b) EIN (c) IRC section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grant organization if applicable grant cash valuation non-cash assistance or assistance or government assistance (book, FMV, appraisal, other )

See Additional Data Table

2 Enter total number of section 501(c)(3) and government organizations listed in the line 1 table lik. 0

3 Enter total number of other organizations listed in the line 1 table . . 28

For Paperwork Reduction Act Noticee see the Instructions for Form 990 . Cat No 50055P Schedule I (Form 990) 2014 Schedule I (Form 990) 2014 Page 2 Grants and Other Assistance to Domestic Individuals . Complete if the organization answered "Yes" to Form 990, Part IV, line 22. Part III can be duplicated if additional space is needed.

(a)Type of grant or assistance ( b)N umber of ( c)Amount of (d)Amount of ( e)Method of valuation (book, ( f)Description of non-cash assistance recipients cash grant non-cash assistance FMV, appraisal, other)

(1)TUITION SUPPORT 7428 354,509,000 FMV A pplied to student ' s tuition obligation

(2) HONORARIA 800 714,337

(3) PRIZES AND AWARDS 1103 1,684,196

(4) PUBLIC SERVICE CENTER GRANTS 30 102,576

(5) MIT STUDENT FELLOWSHIPS & 1921 38,759,000 STIPENDS (6) NON-MIT STUDENT FELLOWSHIPS & 482 15,259,295 STIPENDS (7) STUDENT WAGES 8286 105,261,000

Su pp lemental Information . Provide the information re q uired in Part I , line 2 , Part III , column ( b ), and an y other additional information. Return Reference Explanation Schedule I, Part I, Line 2 MIT PROVIDES SEVERAL TYPES OF GRANTS AND ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS FOR PRIZES AND AWARDS, THE Description Of Procedure For INDIVIDUAL OR ORGANIZATION MUST HAVE MET THE SPECIFIC CRITERIA TO BE SELECTED FOR THE PRIZE OR AWARD IN THE CASE OF Monitoring Use Of Grant Funds FELLOWSHIPS AND SCHOLARSHIPS, THE INDIVIDUAL IS REQUIRED TO UTILIZE THE FUNDS IN FURTHERANCE OF THEIR EDUCATION 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 OFTHE INSTITUTE WITH RESPECT TO ADMISSIONS, SCHOLARSHIPS, FELLOWSHIPS, AND STUDENT LOANS ARE PUBLICIZED IN THE INSTITUTE BULLETIN WHICH CONSTITUTES ITS CATALOGUE 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 I, Part I, Line 2 MIT PROVIDES SEVERAL TYPES OF GRANTS AND ASSISTANCE TO INDIVIDUALS AND ORGANIZATIONS FOR PRIZES AND AWARDS, THE Procedures for monitoring use of INDIVIDUAL OR ORGANIZATION MUST HAVE MET THE SPECIFIC CRITERIA TO BE SELECTED FOR THE PRIZE OR AWARD IN THE CASE OF grant funds FELLOWSHIPS AND SCHOLARSHIPS, THE INDIVIDUAL IS REQUIRED TO UTILIZE THE FUNDS IN FURTHERANCE OF THEIR EDUCATION 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 OFTHE INSTITUTE WITH RESPECT TO ADMISSIONS, SCHOLARSHIPS, FELLOWSHIPS, AND STUDENT LOANS ARE PUBLICIZED IN THE INSTITUTE BULLETIN WHICH CONSTITUTES ITS CATALOGUE 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 I (Form 990) 2014 Additional Data

Software ID : 14000329 Software Version : 2014v1.0 EIN: 04 -2103594 Name : Massachusetts Institute of Technology

Form 990,Schedule I, Part II, Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of ( b) EIN (c) IRC Code section (d) Amount of cash ( e) Amount of non- (f ) Method of ( g) Description of (h) Purpose of grant organization if applicable grant cash valuation non - cash assistance or assistance or government assistance ( book, FMV, appraisal, other)

HOUSE ASSOC OF THETA 04-3244129 501(c)(7) 23,948 IRDF Grant OMICRON OF ALPHA CHI OMEGA INC478 COMMONWEALTH AVE Boston, MA 02115 THE FRIENDS OF THE THE 04-2607157 501(c)(7) 16,907 IRDF Grant LAMBDA PHI CHAPTER OF ALPHA DELTA PHI FRATERNITY351 MASS AVE Cambridge ,MA 02139 MUTAW CORPORATION 04-6145647 501(c)(7) 20,609 IRDF Grant 155-165 BAY STATE ROAD Boston, MA 02215 Form 990.Schedule I. Part II. Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grant organization if applicable grant cash valuation non-cash assistance or assistance or government assistance (book, FMV, appraisal, other)

ZETA PHI CHAPTER HOUSE 22-2768441 501(c)(7) 31,583 IRDF Grant CORP OF ALPHA PHI INTERNATIONAL FRATERNITY INC479 COMMONWEALTH AVE Boston, MA 02215 BETA UPSILON 501(c)(7) 19,310 IRDF Grant ASSOCIATION119 120 BAY STATE ROAD Boston, MA 02215 THE BETA FOUNDATION32 04-2116079 501(c)(7) 28,398 IRDF Grant HEREFORD ST Boston, MA 02215 Form 990.Schedule I. Part II. Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of ( b) EIN (c) IRC Code section ( d) Amount of cash ( e) Amount of non- (f) Method of ( g) Description of (h) Purpose of grant organization if applicable grant cash valuation non - cash assistance or assistance or government assistance ( book, FMV, appraisal, other)

ASTADKE INC403 04-6066546 501(c)(7) 13,307 IRDF Grant MEMORIAL DRIVE Cambridge ,MA 02139 BETA NU HOUSE 23-7046612 501(c)(7) 21,804 IRDF Grant CORPORATION416 BEACON STREET Boston, MA 02215 TECHNOLOGY CHAPTER OF 04-6138571 501(c)(7) 10,926 IRDF Grant DELTA UPSILON526 BEACON STREET Boston, MA 02215 Form 990.Schedule I. Part II. Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of (b) EIN (c) IRC Code section ( d) Amount of cash ( e) Amount of non- (f) Method of (g) Description of (h) Purpose of grant organization if applicable grant cash valuation non-cash assistance or assistance or government assistance ( book, FMV, appraisal, other)

EPSILON THETA 04-6170956 501(c)(7) 24,462 IRDF Grant CORPORATION259 SAINT PAUL STREET Brookline, MA 02446 LAMBDA ZETA 04-3238433 501(c)(7) 15,309 IRDF Grant ASSOCIATES INC99 BAY STATE ROAD Boston, MA 02215 MIT STUDENT HOUSE INC 501(c)(7) 8,589 IRDF Grant 111 BAY STATE ROAD Boston, MA 02215 Form 990.Schedule I. Part II. Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of ( b) EIN (c) IRC Code section (d) Amount of cash ( e) Amount of non- (f) Method of ( g) Description of (h) Purpose of grant organization if applicable grant cash valuation non-cash assistance or assistance or government assistance (book, FMV, appraisal, other)

ALUMNI ASSOC OF NU 04-3071196 501(c)(7) 11,156 IRDF Grant DELTA CHAPTER OF PHI MU DELTA FRATERNITY460 BEACON STREET Boston, MA 02115 PHI BETA EPSILON 04-6014162 501(c)(7) 2,442,000 IRDF Grant CORPORATION400 MEMORIAL DRIVE Cambridge ,MA 02139 INCORPORATE ALUMNI OF 05-6016312 501(c)(7) 12,490 IRDF Grant PSI DELTA97 BAY STATE ROAD Boston, MA 02215 Form 990.Schedule I. Part II. Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grant organization if applicable grant cash valuation non-cash assistance or assistance or government assistance (book, FMV, appraisal, other)

ALUMNI ASSOC OF ALPHA 04-3146095 501(c)(7) 73,174 IRDF Grant MU CHAPTER OF PHI KAPPA SIGMA FRATERNITY INC530 BEACON STREET Boston, MA 02115 MASS ETA OF PHI KAPPA 04-6063508 501(c)(7) 6,486 IRDF Grant THETA FRATERNITY ALUMNI CORPORATION 229 COMMONWEALTH AVENUE Boston, MA 02116 450 BEACON STREET INC 04-2721968 501(c)(7) 28,325 IRDF Grant 450 BEACON STREET Boston, MA 02115 Form 990.Schedule I. Part II. Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of ( b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grant organization if applicable grant cash valuation non-cash assistance or assistance or government assistance (book, FMV, appraisal, other)

ALUMNI ASSOC OF 04-6197951 501(c)(7) 32,847 IRDF Grant OMICRON CHAPTER487 COMMONWEALTH AVENUE Boston, MA 02215 HOUSECORP INC69 23-7091484 501(c)(7) 11,654 IRDF Grant CHESTNUT STREET Cambridge ,MA 02139 ALPHA THETA CHAPTER OF 04-2761368 501(c)(7) 19,872 IRDF Grant SIGMA CHI FRATERNITY INC532 BEACON STREET Boston, MA 02215 Form 990.Schedule I. Part II. Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of ( b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grant organization if applicable grant cash valuation non-cash assistance or assistance or government assistance (book, FMV, appraisal, other)

THETA LAMBDA CHAPTER 04-3374823 501(c)(7) 6,695 IRDF Grant HOUSE CORPORATION OF SIGMA KAPPA SORORITY 480 COMMONWEALTH AVE Boston, MA 02215 SNHC INC28 THE FENWAY 68-0514586 501(c)(7) 22,437 IRDF Grant Boston, MA 02215 ALUMNI ASSOC OF XI 16-1686778 501(c)(7) 127,039 IRDF Grant CHAPTER OF TAU EPSILON PHIINC253 COMMONWEALTH AVE Boston, MA 02116 Form 990.Schedule I. Part II. Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of ( b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grant organization if applicable grant cash valuation non-cash assistance or assistance or government assistance (book, FMV, appraisal, other)

BETA CHAPTER OF THETA 04-2112594 501(c)(7) 14,443 IRDF Grant CHI FRATERNITY528 BEACON ST Boston, MA 02215 THETA XI HOUSING CORP 04-2129483 501(c)(7) 8,443 IRDF Grant OF MIT INC64 BAY STATE ROAD Boston, MA 02215 MIT WOMENS 04-2642553 501(c)(7) 5,950 IRDF Grant INDEPENDENT LIVING GROUP355 MASS AVE Cambridge ,MA 02474 Form 990.Schedule I. Part II. Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grant organization if applicable grant cash valuation non-cash assistance or assistance or government assistance (book, FMV, appraisal, other)

DOVER CLUB OF MIT INC 04-3158370 501(c)(7) 18,907 IRDF Grant 58 MANCHESTER ROAD Brookline, MA 02446 Massachusetts Afterschool 20-5116880 501(c)(3) 38,500 Prize/Award Partnership Inc128A Tremont Street Boston, MA 02108 YMCA of Greater Boston Inc 04-2103551 501(c)(3) 7,255 Contribution 316 Huntington Avenue Boston, MA 02115 Form 990.Schedule I. Part II. Grants and Other Assistance to Domestic Organizations and Domestic Governments. (a) Name and address of (b) EIN (c) IRC Code section (d) Amount of cash (e) Amount of non- (f) Method of (g) Description of (h) Purpose of grant organization if applicable grant cash valuation non-cash assistance or assistance or government assistance (book, FMV, appraisal, other)

The President and Fellows of 04-2103580 501(c)(3) 15,000 Contribution Harvard College124 Mount Auburn Street Cambridge,MA 02138 Form 990 , Schedule I Part III Grants and Other Assistance to Domestic Individuals. (a)Type of grant or assistance (b)N umber of (c)Amount of (d)Amount of (e)Method of valuation (book, (f)Description of non-cash assistance recipients cash grant non-cash assistance FMV, appraisal, other)

TUITION SUPPORT 7428 354,509,000 FMV A pplied to student's tuition obligation

HONORARIA 800 714,337

PRIZES AND AWARDS 1103 1,684,196

PUBLIC SERVICE CENTER GRANTS 30 102,576

MIT STUDENT FELLOWSHIPS & STIPENDS 1921 38,759,000

NON-MIT STUDENT FELLOWSHIPS & 482 15,259,295 STIPENDS STUDENT WAGES 8286 105,261,000 l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493134054086 Schedule J Compensation Information OMB No 1545-0047 (Form 990) For certain Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 2014 1- Complete if the organization answered " Yes" to Form 990, Part IV, line 23. Department of the Treasury 1- Attach to Form 990. Internal Revenue Service 0- Information about Schedule J (Form 990) and its instructions is at www.irs.gov /form990. Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 Questions Re g ardin g Com p ensation Yes No la Check the appropiate box(es ) if the organization provided any of the following to or for a person listed in Form 990, Part VII , Section A, line la Complete Part III to provide any relevant information regarding these items F First-class or charter travel F Housing allowance or residence for personal use F Travel for companions 1 Payments for business use of personal residence F Tax idemnification and gross - up payments F Health or social club dues or initiation fees 1 Discretionary spending account F Personal services ( e g , maid, chauffeur, chef)

b If any of the boxes in line la 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 lb 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 in line la? 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 F Compensation committee 1 Written employment contract F Independent compensation consultant F Compensation survey or study F Form 990 of other organizations F Approval by the board or compensation committee

4 During the year, did any person listed in Form 990, Part VII, Section A, line la with respect to the filing organization or a related organization

a Receive a severance payment or change-of-control payment? 4a No 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 in Form 990, Part VII, Section A, line la, 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," to line 5a or 5b, describe in Part III 6 For persons listed in Form 990, Part VII, Section A, line la, 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," to line 6a or 6b, describe in Part III 7 For persons listed in Form 990, Part VII, Section A, line la, did the organization provide any non-fixed payments not described in lines 5 and 6? If "Yes," describe in Part III 7 Yes 8 Were any amounts reported in 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" to 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 3 ( Form 990) 2014 Schedule J (Form 990) 2014 Page 2 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 in 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)(1)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line la, 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 (D) Nontaxable (E) Total of (F) Compensation in (ii) Bonus & (iii) other deferred benefits columns column(B) reported (i) Base Other incentive reportable compensation (B)(i)-(D) as deferred in prior compensation compensation compensation Form 990 See Additional Data Table Schedule 3 (Form 990) 2014 Schedule J (Form 990) 2014 Page 3 Supplemental Information Provide the information, explanation, or descriptions required for Part I, lines la, 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, Column (B)(ui) SCHEDULE J, PART II, COLUMN B(III) - THE MIT SLOAN SCHOOL OF MANAGEMENT OFFERS A BROAD RANGE OF EXECUTIVE EDUCATION PART II, COLUMN B(III) AND PROFESSIONAL DEVELOPMENT PROGRAMS DEVELOPED AND LED BY ITS FACULTY AND FOLLOWS MIT'S WRITTEN SUPPLEMENTAL COMPENSATION GUIDELINES FOR FACULTY WHO PARTICIPATE IN THESE PROGRAMS SLOAN FACULTY INCLUDED IN THE FORM 990 ARE PROFESSORS FINE AND FERNANDEZ Schedule J, Part II, Column (C) PART SCHEDULE J, PART II, COLUMN (C) DOES NOT INCLUDE $212,500 OF INCENTIVE COMPENSATION FOR MR ALEXANDER AND $158,476 OF II, COLUMN (C) INCENTIVE COMPENSATION FOR MR MARSH AWARDED IN January 2014 THESE AMOUNTS CAN INCREASE OR DECREASE DEPENDING ON THE PERFORMANCE OFTHE ENDOWMENT AND ARE CONTINGENT ON CONTINUED EMPLOYMENT BY MIT Schedule J, Part II FORM 990, PART THE INDIVIDUALS DISCLOSED IN PART VII OF FORM 990 OFTEN DEVOTE MORE HOURS TO THEIR POSITION THAN THE NUMBER OF HOURS VII LISTED, WHICH REPRESENT ESTIMATES OF AVERAGE HOURS INDIVIDUALS WHO ARE ALSO ON THE BOARDS OF MIT'S SUBSIDIARIES AND RELATED ORGANIZATIONS WORK AN ADDITIONAL ESTIMATE OF 1 TO 3 HOURS PER WEEK AS LISTED IN COLUMN (B) OF FORM 990, PART VII Schedule J, Part I, Line 4b SUPPL AS MIT PREVIOUSLY REPORTED, MIT HAD PAID AN AMOUNT ANNUALLY INTO AN ACCOUNT FOR THE BENEFIT OF FORMER PRESIDENT NONQUAL RETIREMENT PLAN - SUSAN HOCKFIELD DURING HER TENURE AS MIT PRESIDENT MIT DID NOT MAKE ANY PAYMENTS INTO THAT ACCOUNT IN CALENDAR YEAR PART II, COL B(III), LINE 20 2014 FORMER PRESIDENT HOCKFIELD RECEIVED PAYMENT FOR THE BALANCE OF THIS ACCOUNT ON JUNE 30, 2014 IN ADDITION, IN CALENDAR YEAR 2012 FORMER PRESIDENT HOCKFIELD VESTED IN A DEFERRED ANNUITY, WITH RESPECT TO WHICH SHE WILL NOT BEGIN TO RECEIVE PAYMENTS UNTIL 2016 Schedule J, Part I, Line 7 NON- THE MIT INVESTMENT MANAGEMENT COMPANY PAYS CERTAIN EMPLOYEES NON-FIXED AMOUNTS PURSUANT TO AN INCENTIVE FIXED PAYMENTS - PART II, COMPENSATION PROGRAM THAT BASES COMPENSATION PAYMENTS ON A NUMBER OF FACTORS THE PRIMARY BASIS FOR INCENTIVE COLUMN B(II), LINES 9 & 17 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 Schedule J, Part I, Line la First- SCHEDULE J, PART I, LINES 1A AND B MIT FOLLOWS A WRITTEN POLICY OR WRITTEN EMPLOYMENT AGREEMENT WITH RESPECT TO THE class or charter travel PAYMENT OR REIMBURSEMENT OF ALL OF THE EXPENSES SPECIFIED IN PART I, LINE 1A THAT MIT PAYS OR REIMBURSES 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 la Travel for COMPANION TRAVEL IS ONLY REIMBURSED BY MIT IF THERE IS A BONA FIDE BUSINESS PURPOSE FOR THE COMPANION TO companions TRAVEL,CONSISTENT WITH MIT'S WRITTEN POLICY DOCUMENTATION OF THE COMPANION'S BUSINESS PURPOSE IS REQUIRED Schedule J, Part I, Line la Tax ONE OF THE INDIVIDUALS DISCLOSED IN SCHEDULE J RECEIVES LIMITED TAX INDEMNIFICATION AND GROSS UP PAYMENTS ALL TAX indemnification and gross-up INDEMNIFICATION AND GROSS UP PAYMENTS ARE PURSUANT TO A WRITTEN EMPLOYMENT AGREEMENT payments Schedule J, Part I, Line la Housing THE MIT PRESIDENT IS REQUIRED TO LIVE IN AN MIT OWNED CAMPUS RESIDENCE AS A CONDITION OF EMPLOYMENT AND AS A allowance or residence for personal CONVENIENCE TO MIT IRS RULES REQUIRE MIT TO ESTIMATE A VALUE FOR SUCH USE AND TO INCLUDE THE VALUE IN THE PRESIDENT'S use TOTAL COMPENSATION AS A "NONTAXABLE BENEFIT" (SCHEDULE J, PART II, COLUMN (D)) AS CALCULATED PURSUANT TO IRS RULES,THE ESTIMATED VALUE IS $84,000 FOR PRESIDENT REIF IN CALENDAR YEAR 2014 MIT PAYS FOR HOUSEKEEPING OFTHE PUBLIC AREAS OF THE HOUSE AND MIT INCLUDES IN THE PRESIDENT'S TAXABLE INCOME AN AMOUNT OF EXPENSES RELATING TO HOUSEKEEPING SERVICES FOR THE PORTION OFTHE MIT OWNED RESIDENCE USED BY THE PRESIDENT'S FAMILY AS THEIR PRIVATE RESIDENCE Schedule J, Part I, Line la Health or MIT REIMBURSES SOME OFFICERS AND KEY EMPLOYEES FOR CERTAIN DUES AND FEES FOR ASSOCIATIONS THEY USE FOR BUSINESS social club dues or initiation fees REIMBURSEMENT IS DEPENDENT UPON SUBSTANTIATION OF THE BONA FIDE BUSINESS REASON FOR THE EXPENSE Schedule 3 (Form 990) 2014 Additional Data

Software ID : 14000329 Software Version : 2014v1.0 EIN: 04 -2103594 Name : Massachusetts Institute of Technology

Form 990 , Schedule J . Part II - Officers , Directors, Trustees , Key Employees, and Highest Compensated Employees (A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and (D) Nontaxable (E) Total of columns (F) Compensation in other deferred benefits (B)(i)-(D) column (B) ((ii)(i) Base Bonus & (iii) Other reported as deferred in Compensation incentive reportable compensation prior Form 990 compensation compensation John S Reed (i) 228,603 0 2,119 0 2,941 233,663 0 Chairman of the (u) 0 Corporation (Outgoing) 0 0 0 0 0 0 LRafael Reif (i) 796,966 0 52 , 940 13 , 000 104 , 981 967 , 887 0 President (i i) 0 0 0 0 0 0 0 Israel Ruiz (i) 531,638 0 25,512 23,400 26,213 606,763 0 Executive VP and (H) 0 Treasurer 0 0 0 0 0 0 R Gregory Morgan (i) 570,790 0 29,570 44,200 29,480 674,040 0 Senior VP and Secretary of (HH) 0 the Corporation 0 0 0 0 0 0 Phillip Clay (Former (1) 309,080 0 17 , 187 13 , 000 20 , 527 359 , 794 0 Chancellor) (i i) 0 Professor 0 0 0 0 0 0 W Eric Grimson (Former (i) 335,798 0 7,942 44,200 28,013 415,953 0 Chancellor) (i i) 0 Chancellor for Academic 0 0 0 0 0 0 Advancement Chris Kaiser (Former (i) 510,563 0 81 , 506 39 , 000 20 , 981 652 , 050 0 Provost) (H) 0 Professor 0 0 0 0 0 0 Jeffrey Newton (i) 33,913 0 423,117 6,466 2,055 465,551 0 Former VP for Resource (H) 0 Development 0 0 0 0 0 0 Seth Alexander (i) 589,721 933 , 296 32 , 956 23 , 400 27 , 809 1 , 607 , 182 0 President of MITIMCo (H) 0 0 0 0 0 0 0 Kirk Kolenbrander (i) 353,981 0 10 , 920 33 , 800 30 , 272 428 , 973 0 Vice President (H) 0 0 0 0 0 0 0 Mark DiVincenzo (i) 273,798 0 1 , 835 33 , 800 27 , 827 337 , 260 0 VP and General Counsel (H) 0 (Incoming) 0 0 0 0 0 0 Claude Canizares (i) 337,498 0 11,907 13,000 40,630 403,035 0 Vice President (H) 0 0 0 0 0 0 0 Eric Evans (i) 440,928 0 17,520 33,800 26,603 518,851 0 Director of Lincoln (i i) 0 Laboratory 0 0 0 0 0 0 Maria Zuber (i) 353,401 0 9,425 39,000 27,113 428,939 0 VP for Research (H) 0 0 0 0 0 0 0 Martin Schmidt (i) 497,070 0 5,695 33,800 73,618 610,183 0 Provost (I I) 0 0 0 0 0 0 0 Cynthia Barnhart (i) 328,099 0 1 , 857 39 , 000 25 ,459 394 ,415 0 Chancellor (H) 0 0 0 0 0 0 0 Steven Marsh (i) 489,518 688,398 21,100 39,000 28,013 1,266,029 0 Managing Director- (H) 0 MITIMCo 0 0 0 0 0 0 Charles Fine (i) 273,772 0 520,105 39,000 73,529 906,406 0 Professor - Sloan School of (^^) 0 Management 0 0 0 0 0 0 Daron Acemoglu (i) 750,085 0 35 , 513 28 , 600 27 , 182 841 , 380 0 Professor - Economics (H) 0 0 0 0 0 0 0 Susan Hockfield (i) 518,424 0 457 , 537 49 , 400 70 , 218 1 , 095 , 579 0 President Emerita and (H) 0 Professor 0 0 0 0 0 0 Form 990, Schedule J. Part II - Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and (D) Nontaxable (E) Total of columns (F) Compensation in other deferred benefits (B)(i)-(D) column (B) (i) Base (ii) Bonus & (iii) Other reported as deferred in Compensation incentive reportable compensation prior Form 990 compensation compensation Roberto Fernandez (i) 333,095 0 443,325 39,000 27,758 843,178 Professor - Sloan School of (^^) 0 Management 0 0 0 0 0 l efile GRAPHIC print - DO NOT PROCESS As Filed Data - DLN: 93493134054086 Schedule K OMB No 1545-0047 (Form 990) Supplemental Information on Tax Exempt Bonds 1- Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions, explanations, and any additional information in Part VI. 2014 1- Attach to Form 990. Department of the Treasury Information about Schedule K (Form 990) and its instructions is at www.irs.gov/form990 . Internal Revenue Service Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 Bond Issues (a) Issuer name (b) Issuer EIN (c) CUSIP # ( d) Date (e) Issue price ( f) Description of purpose (g) (h) On ( i) Pool issued Defeased behalf of financing issuer Yes No Yes No Yes No A MASSACHUSETTS HEALTH 04-2456011 57585K3G1 05-07-2003 204,790,814 CONSTRUCTION/RENOVATION/REFUNDING X X X & EDUCATIONAL FAC

B MASSACHUSETTS HEALTH 04-2456011 57586CBP9 04-02-2004 150,854,243 CONSTRUCTION AND X X X & EDUCATIONAL FAC RENOVATION

C MASSACHUSETTS HEALTH 04-2456011 57586C8G3 08-13-2008 334,995,460 CONSTRUCTION AND X X X & EDUCATIONAL FAC RENOVATION

D MASSACHUSETTS HEALTH 04-2456011 57586ECM1 01-08-2009 274,996,289 CONSTRUCTION AND X X X & EDUCATIONAL FAC RENOVATION n n.ii Proceeds A B C D 1 Amount of bonds retired 43,190,000 9,110,000 50,000,000 0 2 Amount of bonds legally defeased 0 0 275,195,000 178,460,000 3 Total proceeds of issue 205,361,235 151,599,210 336,035,127 276,649,117 4 Gross proceeds in reserve funds 0 0 0 0 5 Capitalized interest from proceeds 0 0 0 0 6 Proceeds in refunding escrows 0 0 0 0 7 Issuance costs from proceeds 1,040,170 854,243 1,575,675 1,558,146 8 Credit enhancement from proceeds 0 0 0 0 9 Working capital expenditures from proceeds 0 0 0 0 10 Capital expenditures from proceeds 204,321,064 150,744,967 334,459,512 275,090,971 11 Other spent proceeds 0 0 0 0 12 Other unspent proceeds 0 0 0 0 13 Year of substantial completion 2005 2005 2010 2010 Yes No Yes No Yes No Yes No 14 Were the bonds issued as part of a current refunding issue? X X X X

15 Were the bonds issued as part of an advance refunding issue? X X X X

16 Has the final allocation of proceeds been made? X X X X 17 Does the organization maintain adequate books and records to support the final X X X X allocation of proceeds? i n.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 X X X X property financed by tax-exempt bonds? 2 Are there any lease arrangements that may result in private business use of bond- X X X X financed property? For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat No 50193E Schedule K (Form 990) 2014 Schedule K (Form 990) 2014 Pa g e 2 Private Business Use (Continued) A B C D Yes No Yes No Yes No Yes No Are there any management or service contracts that may result in private business use 3a X X X X of bond-financed property? 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 X X X X property?

c Are there any research agreements that may result in private business use of bond- financed property? X 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 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 0- 1 1 % 1 9 % 1 2 % 3 2 % 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 0- 6 Total of lines 4 and 5 1 1% 1 9% 1 2% 3 2 % 7 Does the bond issue meet the private security or payment test? X X X X ga 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 X X X X issued? 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 1 145-27 g Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under X X X X Regulations sections 1 141-12 and 1 145-2? Arbitrage A B C D Yes No Yes No Yes No Yes No 1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield X X X X Reduction and Penalty in Lieu of Arbitrage Rebate? 2 If "No" to line 1, did the following apply? a Rebate not due yet?

b Exception to rebate? X 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 X 4a Has the organization or the governmental issuer entered X X X X into a qualified hedge with respect to the bond issue? b Name of provider

c Term of hedge d Was the hedge superintegrated?

e Was the hedge terminated?

Schedule K (Form 990) 2014 Schedule K (Form 990) 2014 Page 3 Arbitrage (Continued) A B C D Yes No Yes No Yes No Yes No Were gross proceeds invested in a guaranteed investment 5a X X X X contract (GIC)7 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 X X X X period? 7 Has the organization established written procedures to monitor X X X X the requirements of section 148? 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 X X X X and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?

0 Suuulemental Information . Provide additional information for responses to auestions on Schedule K (see instructions). Return Reference I Explanation I Schedule K, Part III, Line 3b IM IT ROUTINELY REVIEWS RESEARCH AGREEMENTS RELATING TO ITS BOND-FINANCED PROPERTY FOR PRIVATE BUSINESS USE, USING SCHEDULE K, PART III, LINE 3B & EITHER IN-HOUSE COUNSEL, OUTSIDE COUNSEL, OR PROFESSIONAL CONTRACT REVIEWERS WHO HAVE EXTENSIVE EXPERIENCE WITH 3D RESPECT TO THE PRIVATE BUSINESS USE RULES AND THE SAFE HARBORS SET FORTH IN REV PROC 2007-47 AND REV PROC 97-13 Return Reference Explanation Schedule K, Part II, Line 3 (TOTAL PROCEEDS ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED IN PART I COLUMN (E) DUE TO INVESTMENT SCHEDULE K, PART II, LINE 3 EARNINGS Return Reference Explanation PRIVATE BUSINESS USE ADDITIONAL INFORMATION SINCE THE IRS FIRST ISSUED ITS UNDERLYING REVENUE PROCEDURES 1997-13 AND 1997-14, IT HAS BEEN MIT'S POLICY TO ENSURE THAT ITS MANAGEMENT CONTRACTS FALL WITHIN REVENUE PROCEDURE 97-13'S SAFE HARBOR, AND THAT ITS PRIVATE SPONSORED Schedule K, Part III, Line 4 RESEARCH CONTRACTS FALL WITHIN THE REVENUE PROCEDURE 2007-471S SAFE HARBOR (TOGETHER, THESE SCHEDULE K, PART III, LINE 4 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 BELOWTHE 5% SAFE HARBOR OF EACH BOND ISSUE MIT REGULARLY REVIEWS ITS PROCEDURES IN ORDER TO ENSURE COMPLIANCE WITH ITS PRIVATE BUSINESS USE POLICY Return Reference Explanation 'DETAILS OF REFUNDED BOND ISSUES HEFA SERIES L BOND (ISSUED MAY 7, 2003) REFUNDED HEFA SERIES H Schedule K, Part I, Column (a) BOND ISSUED ON APRIL 6, 1993 HEFA SERIES H BOND WAS USED FOR CONSTRUCTION AND TO REFUND HEFA SCHEDULE K, PART I, LINE A SERIES D BOND ISSUED MAY 14,1980 l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493134054086 Schedule L Transactions with Interested Persons OMB No 1545-0047 (Form 990 or 990-EZ) 0- Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a , 25b, 26, 27, 28a, 28b, or 28c, 2O14 or Form 990-EZ, Part V, line 38a or 40b. Department of the Treasury 0- Attach to Form 990 or Form 990-EZ . Open Internal Revenue Service 1-Information about Schedule L (Form 990 or 990 -EZ) and its instructions is at Insp e ction www.irs .gov/form990 . Name of the organization Employer identification number Massachusetts Institute of Technology 1 04-2103594 L^l Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 501(c)(29) organizations only) Cmmnlata iftha nrnanvatinn ancwarad "Yac" nn Fnrm 99O Part TV lino 75a nr 75h nr Fnrm 990-F7 Part V lino 40h 1 (a) Name of disqualified person (b) Relationship between disqualified (c) Description of transaction (d) Corrected? person and organization Yes No

2 Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958 ...... ► $ 3 Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ► $

KiLLMLS 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 (b) Relationship (c) (d) Loan to (e)Original (f)Balance (g) In (h) (i)Written interested with organization Purpose of or from the principal due default? Approved agreement? person loan organization? amount by board or committee? To From Yes No Yes No Yes No

Total lk^ $ I I I Grants or Assistance Benefiting Interested Persons. Com p lete if the or anization answered "Yes" on Form 990 , Part IV , line 27. (a) Name of interested ( b) Relationship between (c) Amount of assistance ( d) Type of assistance ( e) Purpose of assistance person interested person and the organization (1) CHILDREN'S CHILDREN OF 89,680 SCHOLARSHIP SCHOLARSHIP SCHOLARSHIP QUALIFIED FACULTY

For Paperwork Reduction Act Noticee see the Instructions for Form 990 or 990 -EZ. Cat No 50056A Schedule L (Form 990 or 990-EZ) 2014 Schedule L (Form 990 or 990-EZ) 2014 Page 2 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 ( c) Amount of ( d) Description of transaction (e) Sharing between interested transaction of person and the organization's organization revenues? Yes No (1) SEE PART V SEE PART V SEE PART V No

Supplemental Information Provide additional information for responses to questions on Schedule L (see instructions) Return Reference I Explanation Schedule L, Part III LINE 1 - (ALTHOUGH THERE MAY BE RECIPIENTS WHO ARE RELATED TO PERSONS HAVING AN CHILDREN'S SCHOLARSHIPS INTEREST IN THE INSTITUTE, SUCH RECIPIENTS ARE SELECTED ON THE BASIS OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED, AND OTHER SIMILAR STANDARDS Schedule L, Part IV PART IV MS PAMELA EVANS IS A RESEARCH GROUP LEADER AT MIT LINCOLN LABORATORY MS EVANS IS A FAMILY MEMBER OF A MIT KEY EMPLOYEE IN FY 2015, SHE RECEIVED COMPENSATION AND BENEFITS IN THE AMOUNT OF $249,715 Schedule L (Form 990 or 990-EZ) 2014 l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493134054086 SCHEDULEM OMB No 1545-0047 (Form 990) Noncash Contributions if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30. 2014 n Attach to Form 990. Department of the Treasury n Information about Schedule M (Form 990) and its instructions is at www.irs.gov/form990 . Ope n to Public Internal Revenue Service Inspection. Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 Tvoes of Prooertv (a) (b) (c) (d) Check N umber of contributions Noncash contribution Method of determining if or items contributed amounts reported on noncash contribution amounts applicable Form 990, Part VIII, line 1g 1 Art-Works of art . . . . X 13 4,500 Opinions of experts 2 Art-Historical treasures 3 Art-Fractional interests 4 Books and publications X 0 NONE 5 Clothing and household X 0 NONE goods ...... 6 Cars and other vehicles . . 7 Boats and planes . . . . 8 Intellectual property . . . 9 Securities-Publicly traded . X 1,021 39,219,349 Market value 10 Securities-Closely held stock 11 Securities-Partnership, LLC, or trust interests 12 Securities-Miscellaneous . X 8 786,964 Market value 13 Qualified conservation contribution-Historic structures 14 Qualified conservation contribution-O ther . . . 15 Real estate-Residential 16 Real estate-Commercial 17 Real estate-Other . . . 18 Collectibles . . . . . 19 Food inventory . . . 20 Drugs and medical supplies 21 Taxidermy ...... 22 Historical artifacts . . . . 23 Scientific specimens . . 24 Archeological artifacts . . . 25 Other P- ( X 11 254,756 Market value EQUIPMENT 26 Other P- ( X 13 0 NONE ARCHIVAL RECORDS 27 Other P- ( X 9 0 NONE OTHER) 28 Other n ( ) 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 is not 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 non-standard 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 did not 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 Noticee see the Instructions for Form 990 . Cat No 51227] Schedule M (Form 990 ) ( 2014) Schedule M (Form 990 ) (2014) Page 2 Supplemental 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. F Return Reference Explanation Schedule M , Part I LINE 33 MIT RECORDS ITEMS OF COLLECTIONS AS A GIFT AT NOMINAL VALUE THEY ARE RECEIVED FOR EDUCATIONAL PURPOSES AND 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 MIT REAL ESTATE FOUNDATION, INC 'S PRIMARY PURPOSE IS TO HOLD AND SELL GIFTS OF parties used to solicit, process , or REAL ESTATE AND PROPERTY FOR THE MASSACHUSETTS INSTITUTE OF TECHNOLOGY sell noncash contributions Schedule M , Part I Explanations of Art - Works of art NUMBER OF CONTRIBUTIONS Securities - Publicly traded NUMBER OF ITEMS reporting method for number of Securities - Miscellaneous NUMBER OF ITEMS Other NUMBER OF CONTRIBUTIONS Other contributions NUMBER OF CONTRIBUTIONS Other NUMBER OF CONTRIBUTIONS Schedule M (Form 990) (2014) efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93493134054086 OMB No 1545 0047 SCHEDULE 0 (Form 990 or 990-EZ) Supplemental Information to Form 990 or 990-EZ 2014 Complete to provide information for responses to specific questions on Department of the Treasury Form 990 or 990-EZ or to provide any additional information . Open Internal Revenue Service 1- Attach to Form 990 or 990-EZ. Inspection 1- Information about Schedule 0 (Form 990 or 990-EZ) and its instructions is at www.irs.aov / form990.

Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594

Return Reference Explanation

Form 990, Part III, (Expenses $ 120,964,000 including grants of $ 5,637,000)(Revenue $ 230,140,000) THIS ITEM CONSISTS OF OTHER Line 4d Description EXPENDITURES (INCLUDING GRANTS) INCURRED, AND REVENUES GENERATED IN CONNECTION WITH MIT'S OTHER of other program PROGRAM SERVICES RELATED TO VARIOUS ACTIVITIES IN FURTHERANCE OF AND IN SUPPORT OF MIT'S EXEMPT services 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 Return Explanation Reference

Form 990, Part THE MIT BYLAWS VEST IN THE EXECUTIVE COMMITTEE OF THE MIT CORPORATION THE RESPONSIBILITY FOR OVERSEEING VI, Line 1 a THE GENERAL ADMINISTRATION AND SUPERINTENDENCE OF ALL MATTERS RELATING TO MIT, INCLUDING ITS EDUCATIONAL PART VI, LINE AND RESEARCH PROGRAMS, ADMINISTRATION PERFORMANCE, FINANCIAL AFFAIRS, ENDOWMENT, REAL PROPERTY, 1A POLICIES, SYSTEMS, CONTROLS, SPECIAL CONTRACT SERVICES, AND FACULTY TENURE DECISION APPROVAL THE EXECUTIVE COMMITTEE CONSISTS OF 13 MEMBERS AND MEETS 10 TIMES EACH YEAR THE MIT CORPORATION IS A BODY CURRENTLY COMPRISED OF 78 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 4 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 Return Reference Explanation

Form 990, Part VI, Line CLAUDE CANIZARES AND ROBERT MILLARD ARE BOARD MEMBERS OF L-3 COMMUNICATIONS, INC SETH 2 PART VI, LINE 2 ALEXANDER AND R GREGORY MORGAN ARE MEMBERS OF THE INVESTMENT COMMITTEE AND UNDERWRITING COMMITTEE, RESPECTIVELY, OF CRICO Return Reference Explanation

Form 990 , Part VI, Line 7a THE MIT CORPORATION ELECTS THE NON EX-OFFICIO MEMBERS OF MIT'S GOVERNING BODY (THE Members or stockholders EXECUTIVE COMMITTEE OF THE CORPORATION) EX-OFFICIO MEMBERS OF THE EXECUTIVE COMMITTEE ARE electing members of governing THE CHAIR OF THE CORPORATION, THE PRESIDENT, THE EXECUTIVE VICE-PRESIDENT AND TREASURER, body AND THE CHAIR OF THE INVESTMENT MANAGEMENT COMPANY BOARD OF DIRECTORS Return Reference Explanation

Form 990 , Part VI, Line 1 Ob THE WRITTEN POLICIES AND PROCEDURES OF THE INSTITUTE APPLY TO ITS SUBSIDIARIES THE Monitoring compliance of local ORGANIZATIONAL DOCUMENTS OF OTHER ORGANIZATIONS OVER WHICH MIT EXERCISES SUPERVISION unit's activities AND CONTROL INCLUDE PROVISIONS THAT ALIGN THEIR MISSIONS WITH MIT'S MISSION Return Reference Explanation

Form 990, Part VI, Line MIT'S OFFICERS RESPONSIBLE FOR MIT'S TAX MATTERS PREPARE MIT'S FORM 990 WITH EXTENSIVE ASSISTANCE 11b Review of form FROM MIT'S ACADEMIC AND ADMINISTRATIVE UNITS SENIOR MIT OFFICERS THEN REVIEW THE FORM 990 990 by governing body 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 Return Explanation Reference

Form 990, MONITORING AND ENFORCING COMPLIANCE WITH CONFLICT OF INTEREST POLICIES DISCLOSURE MIT HAS TWO PRIMARY Part VI, Line CONFLICT OF INTEREST POLICIES - THE POLICY CONCERNING AVOIDANCE OF CONFLICTS OF INTEREST WHICH COVERS ALL 12c Conflict INDIVIDUALS SERVING ON THE MIT EXECUTIVE COMMITTEE (MIT'S GOVERNING BODY) AND CORPORATION, AND THE of interest SECTION OF MIT'S POLICIES AND PROCEDURES TITLED CONFLICT OF INTEREST, WHICH IS GENERALLY APPLICABLE TO policy 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 WAS 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 Return Reference Explanation

Form 990, Part VI, Line THE SALARY SUBCOMMITTEE, A SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE OF THE MIT CORPORATION, 15a Process to REVIEWS DATA REGARDING PAY COMPARISONS OF OTHER PEER INSTITUTIONS THE DATA ARE COLLECTED AND establish PRESENTED TO MIT BY TOWERS WATSON AND ANALYZED BY THE COMPENSATION DEPARTMENT OF MIT'S HUMAN compensation of top RESOURCES DEPARTMENT AND MIT'S VICE PRESIDENT FOR HUMAN RESOURCES RECOMMENDATIONS FOR management official SALARY INCREASES ARE PRESENTED TO THE SALARY SUBCOMMITTEE BASED ON PERFORMANCE FEEDBACK COLLECTED THE DATA AND PERFORMANCE FEEDBACK ARE DISCUSSED AND A FINAL RECOMMENDATION IS APPROVED NOTIFICATION IS MADE TO THE COMPENSATION DEPARTMENT AND FORMS ARE CREATED TO BE SIGNED BY ONE MEMBER OF THE SALARY SUBCOMMITTEE Return Reference Explanation

Form 990, Part VI, THE SALARY SUBCOMMITTEE, A SUBCOMMITTEE OF THE EXECUTIVE COMMITTEE OF THE MIT CORPORATION, Line 15b Process to REVIEWS DATA REGARDING PAY COMPARISONS OF OTHER PEER INSTITUTIONS THE DATA ARE COLLECTED AND establish PRESENTED TO MIT BY TOWERS WATSON AND ANALYZED BY THE COMPENSATION DEPARTMENT OF MIT'S HUMAN compensation of RESOURCES DEPARTMENT AND MIT'S VICE PRESIDENT FOR HUMAN RESOURCES RECOMMENDATIONS FOR SALARY other employees INCREASES ARE PRESENTED TO THE SALARY SUBCOMMITTEE BASED ON PERFORMANCE FEEDBACK COLLECTED THE DATA AND PERFORMANCE FEEDBACK ARE DISCUSSED AND A FINAL RECOMMENDATION IS APPROVED NOTIFICATION IS MADE TO THE COMPENSATION DEPARTMENT AND FORMS ARE CREATED TO BE SIGNED BY ONE MEMBER OF THE SALARY SUBCOMMITTEE Return Reference Explanation

Form 990, Part VI, Line 19 Required THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND documents available to the public FINANCIAL STATEMENTS ARE AVAILABLE ON MIT'S WEBSITE HTTP//WEB MIT EDU Return Reference Explanation

Form 990, Part XI, Line 9 Other Net change in life income funds - -19197000, Postretirement plan changes other than net periodic benefit changes in net assets or fund costs - 13314000, Advance refunding/bond defeasance loss - -63028000, Gain recorded for right to balances use asset - 23675000, Return Reference Explanation

Schedule J, Part I, Line MIT PAYS FOR HOUSEKEEPING OF THE PUBLIC AREAS OF THE HOUSE AND MIT INCLUDES IN THE PRESIDENT'S 1a Personal services TAXABLE INCOME AN AMOUNT OF EXPENSES RELATED TO HOUSEKEEPING SERVICES FOR THE PORTION OF THE MIT OWNED RESIDENCE USED BY THE PRESIDENT'S FAMILY AS THEIR PRIVATE RESIDENCE l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN:93493134054086 OMB No 1545-0047 SCHEDULE R Related Organizations and Unrelated Partnerships (Form 990) 1- Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37. 201 4 1- Attach to Form 990. Department of the Treasury 1- Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990. Internal Revenue Service Name of the organization Employer identification number Massachusetts Institute of Technology 04-2103594 Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33. (a) (b) (c) (d) (e) (f) Name, address, and EIN (if applicable) of disregarded entity Primary activity Legal domicile (state Total income End-of-year assets Direct controlling or foreign country) entity

See Additional Data Table

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) (b) ( c) (d) (e) (f) (g) Name, address, and EIN of related organization Primary activity Legal domicile (state Exempt Code section Public charity status Direct controlling Section 512(b) or foreign country) (if section 501(c)(3)) entity (13) controlled entity? Yes No See Additional Data Table

For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat No 50135Y Schedule R (Form 990) 2014 Schedule R (Form 990) 2014 Page 2 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) (b) (c) (d) (e) (f) (g) (h) (i) U) (k) Name, address, and EIN of Primary activity Legal Direct Predominant Share of Share of Disproprtionate Code V-UBI General or Percentage related organization domicile controlling income(related, total income end-of-year allocations? amount in box managing ownership (state or entity unrelated, assets 20 of partner? foreign excluded from Schedule K-1 country) tax under (Form 1065) sections 512- 514) Yes No Yes No See Additional Data Table

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) (b) (c) (d) (e) (f) (g) (h) (i) Name, address, and EIN of Primary activity Legal Direct controlling Type of entity Share of total Share of end- Percentage Section 512 related organization domicile entity (C corp, S income of-year ownership (b)(13) (state or foreign corp, assets controlled country) or trust) entity? Yes No See Additional Data Table

Schedule R (Form 990) 2014 Schedule R (Form 990) 2014 Page 3 ff^ 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 YesFNo 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 la No b Gift, grant, or capital contribution to related organization(s) lb Yes c Gift, grant, or capital contribution from related organization(s) 1c Yes d Loans or loan guarantees to or for related organization(s) ld Yes e Loans or loan guarantees by related organization(s) le No

f Dividends from related organization(s) if 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) li No j Lease of facilities, equipment, or other assets to related organization(s) lj No

k Lease of facilities, equipment, or other assets from related organization(s) 1k No I Performance of services or membership or fundraising solicitations for related organization(s) 11 No m Performance of services or membership or fundraising solicitations by related organization(s) 1m Yes n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) in No o Sharing of paid employees with related organization(s) 10 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) lr Yes s Other transfer of cash or property from related organization(s) is 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) (b) (c) (d) Name of related organization Transaction Amount involved Method of determining amount involved type (a-s) See Additional Data Table

Schedule R (Form 990) 2014 Schedule R (Form 990) 2014 Page 4 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) (b) (c) (d) (e) (f) (g) (h) (i) U) (k) Name, address, and EIN of entity Primary activity Legal Predominant Are all partners Share of Share of Disproprtionate Code V-UBI General or Percentage domicile income section total end-of-year allocations? amount in managing ownership (state or (related, 501(c)(3) income assets box 20 part ner? foreign unrelated, organizations? of Schedule country) excluded from K-1 tax under (Form 1065) sections 512- 514) Yes No Yes No Yes No

Schedule R (Form 990) 2014 Schedule R (Form 990) 2014 Page 5 Supplemental Information Provide additional information for responses to auestions on Schedule R (see instructions

Return Reference I Explanation Schedule R, Part IV SCHEDULE R, MIT IS THE OWNER (RECEIVED BY WAY OF TWO CHARITABLE GIFTS AND DISCLOSED IN A PRIOR TAX YEAR) OF A MAJORITY OF BOSE PART IV CORPORATION'S CLASS B SHARES THIS INTEREST IS ENTIRELY PASSIVE AND PURELY ECONOMIC AS MIT POSSESSES ONLY THE RIGHT TO RECEIVE DIVIDENDS WHICH MAY BE DISTRIBUTED ON THE SHARES THE CLASS B SHARES HAVE NO VOTING POWER OVER BOARD MEMBERSHIP, CORPORATE LIQUIDATION OR SALE, OR OTHER CORPORATE GOVERNANCE AND OPERATIONS ISSUES AS A CLASS B SHAREHOLDER, MIT IS NOT PERMITTED TO SELL ITS STOCK WITHOUT THE EXPRESS APPROVAL OF BOSE'S BOARD PUBLIC DISCLOSURE OF CERTAIN DETAILS ABOUT THE GIFT COULD PUT BOSE CORPORATION AT A COMPETITIVE DISADVANTAGE * * SEVERAL IRS PRONOUNCEMENTS HAVE MADE IT CLEAR THAT THE FORM 990 IS NOT INTENDED TO PUT A DISCLOSED DONOR AT A POTENTIAL COMPETITIVE DISADVANTAGE Schedule R , Part II SCHEDULE R, AS A RESULT OF MIT'S CONTROL OF AN ORGANIZATION THAT CONTROLS ANOTHER ORGANIZATION WHICH SERVES AS THE CENTRAL PART II 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) 2014 Additional Data

Software ID : 14000329 Software Version : 2014v1.0 EIN: 04 -2103594 Name: Massachusetts Institute of Technology

Form 990, Schedule R, Part I - Identification of Disregarded Entities (c) (a) (b) Legal Domicile ( d) (e) (f) Name, address , and EIN (if applicable) of disregarded entity Primary Activity (State Total income End-of-year assets Direct Controlling or Foreign Entity Country)

MIT Real Estate LLC Real Estate MA 2,348,472 83,350,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 81-0643869 MIT 130 Brookline LLC Real Estate MA 2,321,521 46,950,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4339718 MIT 170171 Sidney LLC Real Estate MA 148,012 4,080,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4653513 MIT 300 Third LLC Real Estate MA 930,792 26,155,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4480264 MIT 770790 Memorial LLC Real Estate MA 689,865 19,430,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4667544 MIT 99 Erie LLC Real Estate MA 155,872 4,260,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4550283 MIT 195 Albany SPE LLC Real Estate MA - 483,903 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4453275 MIT 207 Albany SPE LLC Real Estate MA -34,981 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4467648 MIT 8 Carleton Street LLC Real Estate MA -104,660 4 ,360,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4523741 MIT West 300 Block Mass Ave Fee Owner LLC Real Estate MA 488,322 15,190,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4611506 MIT 128 Sidney SPE LLC Real Estate MA 120 2,377 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4329881 MIT 148 Sidney SPE LLC Real Estate MA 120 2,377 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4400934 MIT 149 Sidney SPE LLC Real Estate MA 120 2,377 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4439009 MIT 640 Memorial SPE LLC Real Estate MA 10 200 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4596884 MIT One Broadway Fee Owner LLC Real Estate MA 120 1,407 ,359 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4562852 MIT 177 Massachusetts Avenue LLC Real Estate MA 10 198 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4289160 MIT 650 Main Street LLC Real Estate MA 360 7,313 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 MIT 424- 456 Massachusetts Avenue LLC Real Estate MA 10 201 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4493299 MIT 281-295 Albany Street LLC Real Estate MA 10 202 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4307186 MIT 12 Emily Street LLC Real Estate MA 10 202 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 46-4268263 Form 990, Schedule R, Part I - Identification of Disregarded Entities (c) (a) (b) Legal Domicile (d) (e) (f) Name, address, and EIN (if applicable) of disregarded entity Primary Activity (State Total income End-of-year assets Direct Controlling or Foreign Entity Country)

134 Massachusetts Avenue Fee Owner LLC Real Estate MA 120 2,438 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4682035 MIT 620 Memorial LLC Real Estate MA 10 203 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4238931 MIT 128 Sidney Leasehold LLC Real Estate MA 2,049,257 25,000,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4318943 MIT 148 Sidney Leasehold LLC Real Estate MA 507,766 9,500,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4350211 MIT 149 Sidney Leasehold LLC Real Estate MA 1,648,665 23,270,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4419735 MIT 640 Memorial Leasehold LLC Real Estate MA 1,437,447 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-1548002 MIT One Broadway LLC Real Estate MA 9,325,321 187,000,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4581832 177 Massachusetts Avenue Leasehold LLC Real Estate MA 10,568,041 308,750,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4279029 650 Main Street Leasehold LLC Real Estate MA 0 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 04-2103594 424-456 Massachusetts Avenue Leasehold LLC Real Estate MA 850,170 16,545,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4509441 281-295 Albany Street Leasehold LLC Real Estate MA 1,144,488 20,750,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4298517 12 Emily Street Leasehold LLC Real Estate MA 846,772 6,900,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4257627 134 Massachusetts Avenue Leasehold LLC Real Estate MA 719,220 8,870,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4695223 610 Main Street South Leasehold LLC Real Estate MA 6,777,632 247,400,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-3904926 700 Main Street Leasehold LLC Real Estate MA 6,970,807 146,600,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-3910601 610-700 Main Garage Leasehold LLC Real Estate MA 0 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-3997167 MIT 351 Vassar LLC Real Estate MA 15,302 1,500,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4168318 620 Memorial Leasehold LLC Real Estate MA -271,692 63,000,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4249493 610 Main Street North Leasehold LLC Real Estate MA -4,904 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-4624112 MIT 636 Putnam Avenue LLC Real Estate MA -43,998 950,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge, MA 01242 46-5619441 Form 990, Schedule R, Part I - Identification of Disregarded Entities (c) (a) (b) Legal Domicile (d) (e) (f) Name, address, and EIN (if applicable) of disregarded entity Primary Activity (State Total income End-of-year assets Direct Controlling or Foreign Entity Country)

MIT Site N LLC Real Estate MA 0 1,202,040 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 MIT Site P LLC Real Estate MA 0 1,436,304 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 MIT Site S LLC Real Estate MA 0 276,488 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 47-4560662 MIT Site Q LLC Real Estate MA 0 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 MIT 238 Main Street Leasehold LLC Real Estate MA 0 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 MIT 326-336 Main Street Leasehold LLC Real Estate MA 0 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 610 Main Street South Trustee LLC Real Estate MA 0 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 700 Main Street Trustee LLC Real Estate MA 0 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 610-700 Main Garage Trustee LLC Real Estate MA 0 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 MIT West 300 Block JV LLC Real Estate MA -2,385 33, 520,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 MIT East 300 Block JV LLC Real Estate MA -29 278,764 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 Tech Square JV LLC Real Estate MA 5,469,858 54, 205,000 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 20-5242541 Meadowlark Associates LLC Investments DE -40,708,763 199,019,260 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 Blue Jay Associates LLC Investments DE 0 0 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-2103594 MIT Private Equity LLC Investments DE 19,932 71 ,924 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-3490003 MIT Private Equity Management Company LLC Investments DE 61,664 116,648 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 04-3490002 MIT Private Equity Management Company II LLC Investments DE 53,503 53 ,739 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 43-1964717 MIT Private Equity Management Company III LLC Investments DE 513,451 513,738 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 20-4639870 MIT Private Equity Management Company IV LLC Investments DE 153,301 159,878 Massachusetts Institute of 238 Main Street Technology c/o MIT Cambridge , MA 01242 26-1356780 MIT Foundation UK Ltd MIT Support UK Massachusetts Institute of 19 Norcott Road Technology London UK 98-1192046 Form 990 , Schedule R, Part II - Identification of Related Tax-Exempt Organizations (a) (b) (c) (d) (e) (f) (g) Name, address, and EIN of related organization Primary activity Legal domicile Exempt Code Public charity Direct controlling Section 512 (state section status entity (b)(1 3) or foreign (if section 501(c) controlled country) (3)) entity?

Yes No (1) MIT ENTERPRISE FORUM INC EDUCATION MA 501(c)(3 9 TECHNOLOGY REVIEW Yes

77 MASSACHUSETTS AVENUE CAMBRIDGE, MA 02142 04-2921492 (1) MIT REAL ESTATE FOUNDATION INC REAL ESTATE MA 501(c)(3 Type I MIT Yes

238 MAIN STREET SUITE 200 CAMBRIDGE, MA 02142 04-3397800 (2)TECHNOLOGY REVIEWINC PUBLICATION MA 501(c)(3 Type I MIT Yes

ONE MAIN STREET 7TH FLOOR CAMBRIDGE, MA 02142 95-4893200 (3)TECHNOLOGY BROADCASTING CORPORATION RADIO MA 501(c)(3 9 MIT Yes

3 AMES STREET CAMBRIDGE, MA 02142 23-7154684 (4) LORD FOUNDATION OF MASSACHUSETTS INC MIT SUPPORT MA 501(c)(3 Type I MIT Yes

238 MAIN STREET SUITE 200 CAMBRIDGE, MA 02142 04-2748895 (5) MIT RETIREE WELFARE BENEFIT TRUST HEALTH BEN MA 501(c)(3 Type I MIT Yes

77 MASSACHUSETTS AVENUE NE 49-31 CAMBRIDGE, MA 02142 04-3177556 (6) KENDALL PARTNERS I INC TITLE HOLD MA 501(c)(2 MIT Yes

238 MAIN STREET SUITE 200 CAMBRIDGE, MA 02142 27-0565900 (7)THE MASSACHUSETTS GREEN HIGH PERFORMANCE RESEARCH MA 501(c)(3 Type I NA No

100 BIGELOW STREET HOLYOKE, MA 01040 27-3014805 (8) MGHPCC HOLYOKE INC RESEARCH MA 501(c)(3 Type I NA No

100 BIGELOW STREET HOLYOKE, MA 01041 45-2257442 Form 990, Schedule R, Part III - Identification of Related Organizations Taxable as a Partnership (c) (e) (h) 0) (a) Legal (d) Predominant (f) (g) 0) General Disproprtionate Code V-UBI amount (k) Name, address, and EIN (b) Domicile Direct income Share of total Share of end-of- or PrimaryP activity allocations? in Percentage of (State Controlling (related, income year assets Managingging Box 20 of Schedule ownership related organization or Entity unrelated, Partner? K-1 Foreign excluded from (Form 1065) Country) tax under sections 512-514) Yes No Yes No Alchemy Plan Investments UK Massachusetts Excluded 172,531 1,958,441 No 0 No 99 % (Cambridge) LP Institute of Technology None None None, None None GK 98-0203250 Northaven Partners III Investments NY Massachusetts Excluded -85,904 3,154,352 No 0 No 56 % LP Institute of Technology None None None, NY 00000 13-3908626 Wexford MIT Energy II Investments DE Massachusetts Excluded 2,990,124 13,760,736 No 0 No 91 % LP Institute of Technology None None None, DE 00000 76-0787877 Wexford MIT Energy LP Investments DE Massachusetts Excluded -21,779 2,621,059 No 0 No 67 % Institute of None Technology None None, DE 00000 80-0057801 Leviathan Real Estate Investments DE Massachusetts Excluded 0 0 No No Partners LLC Institute of Technology None None None, DE 00000 47-3349186 MIT Investments 2009 Investments DE Massachusetts Excluded 130,257,825 721,161,472 No 7,294,503 Yes 92 % LP Institute of Technology None None None, DE 00000 27-0896088 MIT Investments 2010 Investments DE Massachusetts Excluded 456,316,085 5,611,878,173 No -3,931,528 Yes 100 % LP Institute of Technology None None None, DE 00000 27-0542081 MIT Private Equity II Investments DE Massachusetts Excluded 23,439 175,732 No 1,079 Yes 100 % LLC Institute of Technology None None None, DE 00000 75-3066771 MIT Private Equity III Investments DE Massachusetts Excluded 70,348 337,906 No 0 Yes 100 % LLC Institute of Technology None None None, DE 00000 20-4639783 MIT Private Equity IV Investments DE Massachusetts Excluded 15,178 122,504 No -517 Yes 100 % LLC Institute of Technology None None None, DE 00000 26-1356668 Premia Fund I LLC Investments DE Massachusetts Excluded 0 0 No No Institute of None Technology None None, DE 00000 47-3300238 MFPLA LP Investments DE MIT Excluded 34,880,083 366,238,925 No 0 No 91 % Investments None 2010 LP None None, DE 00000 45-3203773 Galileo TM LLC Investments DE MIT Excluded 6,882,647 117,975,786 No 0 No 99 % Investments None 2010 LP None None, DE 00000 99-0376894 Hephaestus Energy Investments DE MIT Excluded 797,878 143,117,810 No 0 No 100 % Fund LP Investments 2010 LP None None None, DE 00000 36-4747789 MD Investors Value Investments DE MIT Excluded 35,367,663 203,078,328 No 0 No 97 % Fund Investments 2010 LP None None None, DE 00000 30-0615514 Form 990 , Schedule R, Part III - Identification of Related Organizations Taxable as a Partnership (c) (e) (h) W Legal (d) Predominant (f) (g) 0) General (a) (b) Disproprtionate Code V-UBI amount (k) Domicile Direct income Share of total Share of end-of- or Name, address, and EIN of Primary activity allocations? in Percentage (State Controlling (related, income year assets Managingging related organization Box 20 of Schedule ownership or Entity unrelated, Partner? K-1 Foreign excluded from (Form 1065) Country) tax under sections 512-514) Yes No Yes No Merckx Capital Partners Investments DE MIT Excluded 11,477,420 91,430,301 No 0 No 85 % LP Investments 2010 LP None None None, DE 00000 36-4711803 MGPLA LP Investments DE MIT Excluded 3,363,761 54,450,687 No 0 No 94 % Investments None 2010 LP None None, DE 00000 45-3625653 Greenlea Lane Capital Investments DE MIT Excluded 636,517 13,058,647 No 53,438 No 52 % Partners LP Investments 2010 LP None None None, DE 00000 26-0247078 Standard Partners Fund Investments DE MIT Excluded 3,284 4,987,042 No 0 No 100 % LP Investments 2010 LP None None None, DE 00000 37-1762191 China Omaha Partners LP Investments CJ MIT Excluded 30,366 29,804,651 No 0 No 99 % Investments None 2010 LP None None, None None CJ Ithuba Investments LP Investments DE MIT Excluded 0 0 No No Investments None 2010 LP None None, DE 00000 47-4243976 Mallard Fund LP Investments TX Meadowlark Excluded -40,708,763 119,099,260 No 0 No 100 % Associates None LLC None None, TX 00000 20-8974201 Form 990, Schedule R, Part IV - Identification of Related Organizations Taxable as a Corporation or Trust (d) Name, address, (and EIN of related (b) (c) (e) Share of total (9) (h) Legal Domicile Direct Controlling Type of entity Share of Percentage 0) organization Primary activity income Section 512(b) (State or Entity (C corp, S corp, end-of-year ownership (13) controlled Foreign or trust) assets entity? Country)

Yes No Gaoling Feeder II Investments CJ Massachusetts C Corporation 0 822,596,513 100 % Yes PO Box 908 GT Mary Street Institute of c/o Walkers Corporate Services Ltd Technology Georgetown, Grand Cayman KY19005 CJ Hyde Park Capital Limited Investments UK Massachusetts C Corporation 0 5,715,389 100 % Yes 85 Gracechurch Street Institute of London EC3V OAA Technology UK MIT EndowmentPatron Scotland LP Investments UK MITPatron GP C Corporation 651,215 6,215,936 100 % Yes 50 Lothian Road Festival Square Limited Edinburgh, Midlothian EH3 9BY UK MIT Patron GP Limited Investments UK Massachusetts C Corporation 0 0 100 % Yes 50 Lothian Road Festival Square Institute of Edinburgh, Midlothian EH3 9BY Technology UK The Gallinule Fund Investments CJ MIT Investments C Corporation 83,626,300 158,782,922 100 % Yes PO Box 309 Ugland House 2010 LP c/o Maples Corporate Services Ltd Georgetown, Grand Cayman KY11104 CJ ABG Capital Investments MP MIT Investments C Corporation 9,592,279 238,719,134 100 % Yes 4th Floor Raffles Tower 2010 LP co Apex Fund Services Mauritius Ltd Cybercity,Ebene 19 MP Charles-Lim AsiaGlobal Limited Investments VI MIT Investments C Corporation 0 196,654,496 90 % Yes PO Box 173 2010 LP c/o Maples Corp Svcs BVI Ltd Kingston Chambers Road Town, Tortola VI Foxhaven Capital (Offshore) Ltd Investments CJ MIT Investments C Corporation 0 101,026,143 63 % Yes PO Box 309 Ugland House 2010 LP c/o Maples Corporate Services Ltd Georgetown, Grand Cayman KY11104 CJ Admetos Assets Limited Investments VI MIT Investments C Corporation 0 20,699,382 100 % Yes Trident Trust Co BVI Ltd 2010 LP Trident Chambers PO Box 146 Road Town, Tortola VI MIT Press Limited Publication UK Massachusetts C Corporation -32,568 137,305 100 % Yes Lion House Red Lion Street Institute of London WC1R 4GB Technology UK Singapore-MIT Alliance for Research Research SN Massachusetts C Corporation 0 38,975,058 100 % Yes and Technology Institute of 1 Create Way Technology 10-01 Create Tower Singapore 138602 SN Bose Corporation Product MA N/A C Corporation 0 0 No The Mountain Development Framingham, MA 01701 MIT Charitable Remainder Trusts Investments MA N/A Trust (323)

MIT Charitable Lead Trust (1) Investments MA N/A Trust

MIT Pooled Income Funds (3) Investments MA N/A Trust Form 990, Schedule R, Part IV - Identification of Related Organizations Taxable as a Corporation or Trust (d) Name, address, (and EIN of related (b) (c) (e) Share of total (9) (h) Legal Domicile Direct Controlling Type of entity Share of Percentage 0) organization Primary activity income Section 512(b) (State or Entity (C corp, S corp, end-of-year ownership (13) controlled Foreign or trust) assets entity? Country)

Yes No Outside Charitable Remainder Trusts Investments N/A Trust (25)

Outside Charitable Lead Trust ( 1) Investments N/A Trust

Outside Perpetual Trust ( 19) Investments N/A Trust

MIT India Trust Investments IN India Institutional Trust 0 1,648 100 % Yes Fund LLC Form 990, Schedule R, Part V - Transactions With Related Organizations (a) (b) (c) (d) Name of related organization Transaction Amount Involved Method of determining amount type(a-s) involved

Singapore-MIT Alliance for Research & Technology Centre C 11,894,000 CASH

Singapore-MIT Alliance for Research & Technology Centre Q 4,993,000 CASH

Technology Review Inc D 4,542,000 CASH

Technology Review Inc P 1,451,000 CASH

Bose Corporation F 3,007,000 FMV

MIT Press Ltd M 576,000 CASH

MIT Press Ltd S 314,000 CASH

Lord Foundation of Massachusetts Inc R 1,038,000 CASH

MIT Investments 2009 LP B 64,598,521 CASH

MIT Investments 2010 LP B 1,492,999,795 CASH

Galileo TM LLC B 14,000,000 CASH

Hephaestus Energy Fund LP B 105,025,806 CASH

Merckx Capital Partners LP B 11,776,694 CASH

China Omaha Partners LP B 30,000,000 CASH

Mallard Fund LP B 31,000,000 CASH

ABG Capital B 229,151,324 CASH

Charles-Lim AsiaGlobal Limited B 145,000,000 CASH

Admetos Assets Limited B 19,999,232 CASH

Alchemy Plan (Cambridge) LP R 5,543,745 CASH

Wexford MIT Energy II LP R 1,818,182 CASH

MIT Investments 2009 LP R 203,607,934 CASH

MIT Investments 2010 LP R 332,652,794 CASH

MD Investors Value Fund R 15,000,000 CASH

ABG Capital R 9,592,279 CASH