About the Tech Fund

The Michigan Tech Fund is a not-for-profit, tax-exempt corporation established in 1965 under the laws of the State of Michigan. Existing solely for the benefit of Michigan Technological University and its students, the Tech Fund receives, invests, and disburses gifts to support the University's mission and vision.

The business and affairs of the Michigan Tech Fund are managed by a nine-person Board of Directors.

Michigan Tech Fund Spending Policy

Michigan Tech Fund’s current spending policy, established by the Fund’s Board of Directors, is to distribute 4 percent of the 12-quarter rolling average of an endowed fund’s market value on an annual basis. The Board of Directors also determines the asset allocation for the endowment, partnering with an investment advisor to work within the asset-allocation targets to select and monitor investment managers. The Investment Committee oversees the Fund’s investment advisor, meeting quarterly to review the endowment’s investment performance.
In managing the endowment, the Michigan Tech Fund has two primary goals. The first goal provides resources for students today, while the second goal ensures Michigan Tech can provide opportunities and experiences for future generations.


Additional Information

Note: In accordance with IRS regulations (Rev. Rul. 56-329), we are unable to issue receipts for gifts that support fraternity and sorority houses.