September 19, 2010
Entrepreneur’s Foundation Gives $24-Million to MIT to Accommodate More Undergraduates
How much: $24-million
Who gave it: Fariborz Maseeh, through his Massiah Foundation. Mr. Maseeh is founder and managing prinicpal of Picoco, an investment firm in Newport Beach, Calif. He also founded IntelliSense, a microelectro-mechanical design and development company.
Who got it: the Massachusetts Institute of Technology
The donor’s connection to the organization: Mr. Maseeh earned a doctor of
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