New! Fundraise with Daffy Campaigns 🚀

Illinois Institute of Technology

Illinois Institute of Technology

Chicago, IL 60616
Tax ID36-2170136

Want to make a donation using Daffy?

Lower your income taxes with a charitable deduction this year when you donate to this non-profit via Daffy.

Payment method

Frequency

Amount

$USD
Daffy covers all ACH transaction fees so 100% of your donation goes to your favorite charities.

Do you work for Illinois Institute of Technology? Learn more here.

About this organization

Revenue

$380,049,108

Expenses

$370,165,220

Website

iit.edu

Mission

TO PROVIDE DISTINCTIVE AND RELEVANT EDUCATION IN AN ENVIRONMENT OF SCIENTIFIC, TECHNOLOGICAL, AND PROFESSIONAL KNOWLEDGE CREATION AND INNOVATION.

About

INSTRUCTION SUPPORT:- This past fiscal year witnessed the largest class of incoming first-year students in three decades. The university has continued to expand its academic offerings, which included the development of the first undergraduate degree in artificial intelligence in the Midwest. A new academic building was opened during the year and was designed to enhance and expand the activities of the university's longstanding Interprofessional Projects (IPRO), its Entrepreneurship Academy, and the Idea Shop. Through eight different schools and colleges, instruction supports over 50 academic majors, more than 75 minors, and a variety of specializations and is made up of over 6,500 students, including 3,144 undergraduate, 2,509 graduate, 862 law students, and 51 students in continuing education programs. The University offered and awarded 600 bachelor, 1,437 master, 229 J.D., and 104 Ph.D. degrees during the 2019 academic year. The University's signature Interprofessional Projects Program (IPRO) joins together students from various academic disciplines to work as a team to tackle real-world problems, often on behalf of companies and nonprofits that sponsor the projects, using design-centered methodology and innovative thinking. All undergraduate students are required to take six credit hours of IPRO courses. Developed in 1995, IPRO consists of student teams from the junior through graduate levels, representing the breadth of the university's disciplines and professional programs. Each IPRO course is a unique project with teams that include the faculty and enrolled students. The courses encourage intellectual inquiry with research on the project subject, analysis, design, and development. Such experiential learning reinforces traditional education methods, providing students a richer academic experience allowing them to gain knowledge that goes beyond the regular classroom experience. When they graduate, students have learned to "speak the language" of other professions and have learned that problems can be "framed" from many different perspectives. Recently, IPRO project teams collaborated on developing a platform for safe prescription drug disposal, harvested condensate from HVAC systems to create drinking water for humans, worked with a developer to design a zero-net-energy community, created an educational web-based platform for guests at a local museum, and studied the relationship between wastewater injection and earthquakes. The University's Idea Shop helps to ignite ideas with cutting-edge tools to help students transform their new products and inventions into reality. This state-of-the-art, rapid-prototyping lab houses 3-D printers and scanners, multiple CNC milling machines, a vacuum cutter, and laser former. Full-time staff advise students on everything from equipment use to product marketability. This is where University students from all fields of study generate breakthrough ideas and guide them from concept to launch. It is an inviting place for returning alumni, students, and prospective students to interact and participate in workshops. The Idea Shop also serves the Chicago-area entrepreneurial community and facilitates the process by transforming student and faculty generated ideas into actual businesses, products, and patents. Within the College of Architecture is the university's Design/Build Studio where students can experience firsthand the entire life cycle of a small-building project. Students conceptualize, draft, design, and build a structure from the ground up, and they construct their projects around the world. The program has taken students to Indonesia, Ghana, Japan, New Orleans, Chile, Germany, and in the summer of 2018 to Puerto Rico, where students built a community building that allowed local citizens to cook for themselves and others.

Interesting data from their 2020 990 filing

From their filing, the objective of the non-profit is stated as “To provide distinctive and relevant education in an environment of scientific, technological, and professional knowledge creation and innovation.”.

When talking about its functions, they were outlined as: “To provide distinctive and relevant education in an environment of scientific, technological, and professional knowledge creation and innovation.”.

  • The legally reported state of operation for the non-profit is IL.
  • According to the filing, the non-profit's address in 2020 is SUITE 1900 10 W 35TH STREET, CHICAGO, IL, 60616.
  • The non-profit organization as of 2020 has a total of 4006 employees reported on their form.
  • Does not operate a hospital.
  • Operates a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $9,883,888.
  • The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has a foreign financial account.
  • The organization has 66 independent voting members.
  • The organization has a professional fund raiser.
  • The organization was formed in 1940.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization engages in lobbying activities.
  • The organization pays $150,501,802 in salary, compensation, and benefits to its employees.
  • The organization pays $8,934,317 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

Additional Non-Profits in the area

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
Donations to organizations are distributed as soon as the donation is approved and the funds are available. In the rare event that Daffy is unable to fulfill the donation request to this charity, you will be notified and given the opportunity to choose another charity. This may occur if the charity is unresponsive or if the charity is no longer in good standing with regulatory authorities.