Today we celebrate the generosity and commitment of nearly 68,000 donors as The Campaign for MIT reaches its $2 billion goal –– a phenomenal accomplishment for the largest campaign in the history of MIT and one of the largest in the history of higher education.
This landmark achievement –– which was catalyzed by the hard work of countless volunteers and staff –– enables us to sustain our excellence, maintain our position as a world leader in discovery and innovation, and continue to solve some of society’s most complex problems.
Seven years ago, MIT set an ambitious goal: to double the size of the last campaign and to raise $1.5 billion. Just five years later, we met that goal and set a new one $500 million higher.
Today, we have a lot to be proud of. With the participation of more than 50 percent of the alumni community, we have endowed 87 faculty chairs; 227 endowed and 67 expendable scholarships; and 110 endowed and 244 expendable graduate fellowships.
In addition, we have launched interdisciplinary programs, enriched the learning environment, and set in motion one of the most ambitious building initiatives in our history. We built Simmons Hall, a new undergraduate residence; Zesiger Sports and Fitness Center, which features an Olympic class pool; and the Ray and Maria Stata Center, a new facility for computer, information, and intelligence sciences. We renovated classrooms, labs, and community spaces. We created new learning technologies and supported innovative faculty research in areas ranging from the environment and comparative media studies to biological engineering and brain and cognitive sciences. And this is just some of what we have accomplished.
We owe much of our success to President Chuck Vest, the key architect of this campaign. He spent an immense amount of time and energy representing MIT to alumni/ae, foundations and corporations and also to the Washington political establishment, the world of higher education, and to various international audiences. Many of Chuck’s visionary ideas were enthusiastically received. OpenCourseWare (OCW) –– which makes available all MIT’s courses online for free –– has had especially notable impact. Chuck’s vision and thoughtful leadership has made him a highly regarded figure in education, and we salute him.
We also salute Susan Hockfield, MIT’s 16th president, who succeeded Chuck in December. We welcome her to the Institute community and look forward to working with her over the coming years to further strengthen the learning community, to confront some of the most pressing challenges in science and technology, and to expand opportunities for our students to become effective leaders around the world.
Throughout this Campaign, volunteers, faculty, staff, and senior administrators visited more than 5,300 MIT alumni and friends in 47 states and 30 countries. And more than 51,000 alumni/ae attended campaign events worldwide.
As Campaign Chairman, I was privileged to meet several MIT supporters. Many said they gave to the Campaign because they felt grateful to MIT, because they admired students and faculty, and because MIT had so positively influenced their lives. Often, alumni acknowledged that their ongoing support and involvement was key to the Institute’s ability to maintain its position of leadership in higher education.
Thank you all for your generosity to The Campaign for MIT. Together we have achieved a lot, and together we can sustain the momentum of this Campaign and do even more. I extend to each of you my thanks, congratulations, and respect for all we have accomplished!
Ray Stata ’57