Employees of General Electric Co. who are MIT alumni donated $104,378 to the Institute in 2002, which was matched by a grant from the GE Foundation. Among those who contributed to GE's alumni giving program were 22 MIT Ph.Ds--almost twice the number of Ph.D. hires as from any other single university.
GE employees and retirees gave more than $11 million to institutions of higher learning in 2002. The GE Foundation has matched $147 million in gifts to colleges and universities since 1954.
A version of this article appeared in MIT Tech Talk on June 12, 2003.