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Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science.
|Motto||Mens et Manus (Latin)|
Motto in English
|"Mind and Hand"|
|Type||Private land-grant research university|
|Established||April 10, 1861; 162 years ago (1861-04-10)|
|Founder||William Barton Rogers|
|Endowment||$24.6 billion (2022)|
|Campus||Midsize city, 166 acres (67.2 ha)|
|Colors||Cardinal red and steel gray|
|Mascot||Tim the Beaver|
Founded in response to the increasing industrialization of the United States, MIT adopted a European polytechnic university model and stressed laboratory instruction in applied science and engineering. MIT is one of three private land grant universities in the United States, the others being Cornell University and Tuskegee University. The institute has an urban campus that extends more than a mile (1.6 km) alongside the Charles River, and encompasses a number of major off-campus facilities such as the MIT Lincoln Laboratory, the Bates Center, and the Haystack Observatory, as well as affiliated laboratories such as the Broad and Whitehead Institutes.
As of December 2021[update], 100 Nobel laureates, 26 Turing Award winners, and 8 Fields Medalists have been affiliated with MIT as alumni, faculty members, or researchers. In addition, 58 National Medal of Science recipients, 29 National Medals of Technology and Innovation recipients, 50 MacArthur Fellows, 83 Marshall Scholars, 41 astronauts, 16 Chief Scientists of the US Air Force, and heads of states have been affiliated with MIT. The institute also has a strong entrepreneurial culture and MIT alumni have founded or co-founded many notable companies. MIT is a member of the Association of American Universities (AAU).