Sloan Students Come Together for Fundraiser
Students from all six programs at the MIT Sloan School of Management have come together to raise money for the student led fundraiser for the Sloan Annual Fund. For the student fundraiser, each degree program holds its own campaign and has its own fundraising goal. The Student Giving portion of the Sloan Annual Fund is a multi-program event that was designed to bring the classes together.
The MIT Sloan Annual Fund provides funding for many of the School’s most important initiatives and priorities. Money given to the fund go toward supporting innovative new programs and courses at Sloan, fellowships for students and funding research projects developed and led by junior faculty. The fund also helps Sloan to expand their alumni and student networks by bringing both groups together.
The Class Gift is a way for graduating classes across all Sloan programs to support the Annual Fund. The cost of tuition covers only 63 percent of MIT Sloan’s operating budget. That means that philanthropic support subsidizes every students’ experience. The money raised by the graduating classes and the support given by alumni and Sloan supporters goes to subsidize he rest of the school’s costs.
Last year, the MBA and Leaders for Global Operations class raised more than $300,000 for the Annual Fund. Ninety-three percent of the class gave to the class’s fundraiser, which was a new record participation rate for the MBA class. For the past two years, 100 percent of the MIT Executive MBA class has participated in its class gift campaign. Last year students raised $433,459 in gifts and pledges.