Question 1

What is the mission of MIT FOUNDATION (UK) LIMITED?

Accepted Answer

The advancement of learning and education in particular at Massachusetts Institute of Technology; and such other exclusively charitable purposes as the Trustees may in their absolute discretion determine.

Question 2

What is the financial size of MIT FOUNDATION (UK) LIMITED?

Accepted Answer

MIT FOUNDATION (UK) LIMITED is classified as a large charity. In the latest financial year, they reported a total income of £7,295,395 and total expenditure of £7,300,051.

Question 3

How does MIT FOUNDATION (UK) LIMITED allocate its spending?

Accepted Answer

For every pound spent, approximately 100.0% goes directly to charitable activities. The remaining 0.0% is spent on raising funds and administration. This is higher than the median for similar-sized charities (97.7%).

Question 4

What is the workforce structure of MIT FOUNDATION (UK) LIMITED?

Accepted Answer

MIT FOUNDATION (UK) LIMITED employs 0 staff members and is supported by 0 volunteers.

Question 5

Does MIT FOUNDATION (UK) LIMITED receive government funding?

Accepted Answer

To a small extent. Approximately 0.0% of their income comes from government grants or contracts.

Question 6

Does MIT FOUNDATION (UK) LIMITED pay its trustees?

Accepted Answer

No, the latest data indicates that trustees do not receive payments or personal benefits from the charity.

MIT FOUNDATION (UK) LIMITED

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