Founder of Bose donates stock to MIT
Dr. Amar Bose ’51, Bose Corporation’s Founder, has given to MIT the majority of the stock of Bose Corporation in the form of non-voting shares.
MIT will receive annual cash dividends on those shares when dividends are paid by Bose Corporation; those cash dividends will be used by MIT to sustain and advance MIT’s education and research mission.
Magnanimous.