The MIT Life Income Fund Program

When you make a gift to MIT in the form of a charitable trust, gift annuity, or pooled income fund, your gift is turned over to MITIMCo’s Planned Giving Services group for oversight and management.  Our fiduciary specialists are committed to delivering superior trust services to our donors.  Working in partnership with third-party service providers and MITIMCo’s investment professionals, these services include… 

• Investment management
• Tax and investment reporting
• Beneficiary payment processing
• Record keeping and accounting
• Federal and state tax-return filings
• Regulatory compliance reporting

Investment Management of Trusts
Trust assets are set aside from other Institute funds and invested in one of several investment strategies that take into consideration the unique characteristics of life income funds. 

Strategy #1
If a donor’s objective for their gift is to maximize long-term growth of trust principal, then charitable remainder trusts in which MIT is designated as the sole remainderman may be invested alongside the MIT Endowment.  This strategy provides trusts with the benefit of broad investment diversification in alternative asset categories including private equity, real estate, real assets and hedge funds. 

Strategy #2
For trusts with multiple remaindermen, or for donors who are seeking opportunities both for long-term growth of trust principal and income, our alternative investment strategy provides access to a highly skilled global investment management firm that is well regarded in the industry and currently manages a portion of the MIT Endowment and the MIT Basic Retirement Plan.  This strategy offers a diversified portfolio of stocks and bonds in the U.S. and non-U.S. markets.

Strategy #3
Our third strategy serves our pooled income funds.  It offers a diversified portfolio of stocks and bonds in the U.S. and non-U.S. markets, but with more emphasis on current and long-term income. 

For inquiries about an existing trust, call 617-253-8675.
For inquiries about setting up a new trust, contact the Director of Gift Planning at (617) 253-6463.