Actions of MIT’s 15th president have ‘grown to inspire generations,’ Reif says.
Reunion classes from 1935 through 2000 and the graduating Class of 2005 reported the results of their fund-raising efforts at a rousing Technology Day luncheon at the Johnson Athletic Center held Saturday, June 4. The results, announced by MIT Alumni Association President Linda Sharpe '69, totaled $138,563,600.
"The financial support that alumni provide to the Institute assures MIT's continued success," Sharpe said. "Reunion class gifts are one of the most significant forms of this support."
The largest contribution came from the Class of 1940, which contributed a 65th reunion total of $109.4 million over a five-year period, counting gifts and bequests from 69 percent of the class.
The Class of 1955 presented a 50th reunion gift total of $7 million, representing contributions from 65 percent of the class. A 40th reunion gift total of $1.9 million came from 64 percent of the Class of 1965. And the Class of 1980, which set a 25th reunion gift participation record of 84 percent, gave $3 million.
The Class of 2005 presented a senior gift of $31,742, earmarked to support a student lounge off Lobby 10.
Visit the MIT Alumni Association Web site, alum.mit.edu, for more 2005 Tech Reunions coverage, including class-by-class totals.