When you give to The Rochester Institute of Technology, you're helping shape future world changers. To make sure that your support for our university continues without interruption, you can set up a monthly, quarterly, or yearly gift to RIT. Giving regularly makes an enduring difference – and ensures your support is always counted when national rankings evaluate our university.
Rochester Institute of Technology FAQ
RIT's tuition and endowment are so high; why do they need more money?
The Rochester Institute of Technology is fortunate to have a substantial endowment, just over $1 billion. However, only about 5% of RIT's annual budget is obtained from the endowment each year as much of this money is held in restricted trusts or reserved for specific accounts. Also, in order to generate the same amount raised by annual funds last year, the endowment would have needed to grow an additional $42 million.
Annual giving dollars go immediately back to the students by providing scholarships, improving technology, among other great needs. Regardless of size, your support is important and does make a difference to the students of the Rochester Institute of Technology.
What if I can't afford to make a large gift this year? Does my gift even make a difference?
Every tax-deductible gift makes a difference to our university. Your gift sends a powerful message that you support this institution and its educational mission, and it has made a difference in your life. Gifts of all sizes make an impact. Some foundations and other grant-making organizations look at the number of gifts rather than total amounts when determining grant requests. Your gift, viewed as a vote of confidence, could help our university secure thousands of dollars in funding.
What's the difference between restricted and unrestricted gifts?
Unrestricted gifts vs. endowment gifts: Money generated by the University endowment is allocated in advance for specific uses. Money from the Tiger Fund, in contrast, is unrestricted, meaning that it is disbursed on a current-use basis to meet some of the University's most pressing needs.
Does my gift count toward my reunion?
Absolutely. In your reunion year, your gift IS your Reunion Class Gift. Every five years during a reunion celebration, we hope that you will make that meaningful "stretch" gift to show how much your Rochester Institute of Technology experience meant to you.