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Raj Tahil trusts MIT to activate his entrepreneurial instincts. “I’ve learned to see problems as interesting opportunities,” says the president of Torpac Capsules, which specializes in specialty capsules and pharmaceutical equipment. In the spirit of creating opportunity, Tahil and his wife, Mary Jo Wrenn, have created an MIT donor-advised fund (DAF), an increasingly popular way to simplify charitable giving.
The benefits of DAF. An MIT DAF allows the donor to create a charitable account maintained and managed by the MIT Investment Management Company, from which distributions can be made to MIT and other charities. The speed with which DAF funds were deployed for Cereal and Wrenn kicked in at a critical time: In the spring of 2020, Professor J. Christopher Love delivered a DAF to the lab of Raymond A. and Helen E. To support the lab’s work on an affordable COVID-19 vaccine, the Chemical Engineering Department of St. Laurent Head.
A global view of the environment and health. The couple gives back to MIT in a variety of ways, including a fellowship to support graduate students who conduct research to improve the environment through scientific, engineering, or public policy solutions. Tahil particularly appreciates MIT’s research in the environment and medicine. “MIT contributes to a better world by bringing its holistic, multidisciplinary approach to problems in a wide variety of fields,” he says.
Help MIT build a better world. For more information, contact David Woodruff: 617,253.3990; daw@mit.edu. Or visit issue.mit.edu.
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