Strengthening MIT’s FSILG community – today and for the next 50 years.
The Independent Residence Development Fund (IRDF) helps house corporations keep fraternities, sororities, and independent living groups welcoming, accessible, and safe – so students can live, learn and lead together.
Programs
Loans
Since the 1960s, the IRDF has provided FSILGs with loans at the lowest allowable rates to facilitate major capital improvements and renovations. Interest from these loans has helped grow the IRDF and fund its grant programs.
Project Grants
Launched in 1997 to help FSILGs execute renovation projects of all sizes, project grants are available to support specific eligible types of improvements. Organizations can apply for funds to support projects with educational, life safety, accessibility, or historic preservation components.
Educational Operating Grants (EOGs)
Beginning in 2004, the EOG program has provided annual grants to virtually every FSILG to help fund operating expenses related to educational activities and life safety.
Community Grants
Community grants fund targeted systemwide initiatives. Past programs have enhanced network infrastructure and performance, helped fund a systemwide facilities study, and supported important facility renewal work.
Support the IRDF
For FSILGs to thrive, they need the financial flexibility to keep their residences welcoming, accessible, modern, and safe. The IRDF provides that flexibility by offering tailored support to meet each chapter’s unique needs. Over the years, most FSILGs have benefited from both loan and grant funding through the IRDF. To keep pace with rising costs, we need your help.
About Us
The IRDF is governed by three volunteer alumni boards appointed by the MIT Executive Vice President and Treasurer.