Areas to Support
Annual Giving to the Olin Fund
Donating to the Olin Fund gives us flexibility to meet essential needs.
The Olin Fund provides unrestricted, immediate-use dollars that support Olin’s innovative curriculum, dedicated faculty, and meaningful programming that makes our student experience unique.
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Why the Olin Fund?
Olin’s scholarship and tuition alone do not cover the full cost of an Olin education. Along with special funds, grants and the endowment draw, the Olin Fund provides a critical source of revenue to help bridge this gap.
In 2020-21, the Olin Fund represented 46% percent of the total philanthropic dollars raised for the College.
An unrestricted annual fund gift provides Olin with powerful financial flexibility to meet core commitments and support new initiatives, ensuring that we can continue to be an innovative leader of engineering education for the next generation and that we can make engineering accessible for everyone. Simply put your generous gift will go to where it is needed most.
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This merit-based endowed fund helps reduce the financial burden of attending Olin, empowering high-achieving students to pursue their education and contribute to the Olin community without financial barriers.
The Alumni Merit Scholarship Fund was founded by Olin alumni to return the Olin merit scholarship to 100 percent. Currently the Olin merit scholarship is valued at $10,000 and awarded to all admitted students. As of June 15, 2024, the fund has grown to approximately $1.3M through the generous support of alumni and other donors.
In 2024, the fund awarded $500 to each 8th semester senior completing their degree. As this fund grows, the amount awarded to each student will likewise grow.
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The Financial Aid Fund is a restricted fund dedicated to supporting need-based financial aid at Olin College. Gifts to this fund help ensure that cost is not a barrier for talented students from all backgrounds, making an Olin education accessible to those with demonstrated financial need.
Financial circumstances should not present a barrier to an Olin education. In keeping with the school’s mission, students for whom finances are a concern can be awarded need-based scholarships. These need-based scholarships provide critical funds for qualified, talented students who would be otherwise unable to finance their college education.
In particular, a named scholarship is a strong and meaningful way to support an Olin student. The name given to the scholarship is associated with the recipient student throughout his or her Olin career—and often beyond—taking on a special meaning to the student and his or her family, friends and teachers.
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The ADE Initiative Fund supports Olin College’s Affordable Design and Entrepreneurship (ADE) program—an interdisciplinary, student-led effort to co-design sustainable solutions. Gifts to this fund help advance experiential learning, global collaboration, and socially responsible engineering through real-world projects that make a lasting impact.
Please note: ADE Is now Design Justice Studio.
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The Iris Shanyue Tang Scholarship Fund is named in honor of Iris Shanyue Tang ’29, who passed away suddenly on November 22, 2025. Iris was an exceptional student who excelled academically with a particular affinity for math. She was both a National Merit Scholarship Finalist (2025) and a U.S. Presidential Scholar Candidate (2025). Iris also enjoyed swimming, crew and the visual arts. The Scholarship seeks to create opportunities for students who have achieved academic excellence and have a demonstrated interest in the arts. Through this scholarship, recipients will receive up to $10,000 per year, for up to four years of study. Additional gifts to the Iris Shanyue Tang Scholarship fund will support these efforts.
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The Olin College Teaching Fellows Fund will help to support our mission to transform engineering education by building a teaching practicum program for aspiring undergraduate educators. This three-year pilot includes one year for program development, followed by recruitment and implementation with a small cohort of Teaching Fellows who will learn about Olin’s pedagogical approaches and bring new perspectives to the Olin community. This two-year program will create opportunities for these budding educators to develop through mentorship, direct teaching experience, and reflection. In the first year, we will test interest from two groups: industry professionals seeking a career change to teaching and recent PhD graduates seeking teaching-track faculty roles. This pilot program will help Olin explore additional ways of transforming engineering education by developing educators who are ideally positioned to develop future engineers, at Olin and beyond.
Looking for Other Opportunities?
Giving in Action
Tommy ’06 and Katy Cecil Class of 2006
Beverly Wyse P'15
Diana Dabby Professor of Electrical Engineering and Music; Music Program Director
Catherine Chen and Feng Pan P'21
Andy Barry Class of 2010
Zach Davenport Class of 2020
Susan Fredholm Murphy & Chris Murphy Class of 2006
Emily Tow Assistant Professor of Mechanical Engineering
Every donor is part of the Olin story!
Leadership Donor Societies
There are many ways to create your own legacy at Olin by making a planned gift. Legacy gifts include bequests, charitable gift annuities, donations of retirement plan assets, and the inclusion of Olin College in your will.
Allocation of estate assets is one of the most important plans many people will ever make. These decisions can have an enormous impact not only on one’s heirs but also on the ongoing and future success of organizations that can benefit from this personally meaningful support.
Founder’s Circle recognizes donors who have contributed $1,000,000 and above since Olin’s founding.
President’s Circle recognizes generosity at the following annual giving levels starting at $10,000.
$100,000 or more: Visionary
$50,000-99,999: Innovator
$25,000-49,999: Entrepreneur
$10,000-24,999: Investor
Phoenix Leadership Society recognizes generosity at annual giving levels between $5,000 and $9,999.
Phoenix Society recognizes generosity at annual giving levels between $1,000 and $4,999.
The Continuum Club celebrates and recognizes Olin's most loyal donors—those alumni, parents and friends who have made a gift, at any level, for any purpose, for three or more consecutive years.