Most money which comes into MIT passes through overhead. That means if a foundation donates to MIT, a bit over 1/3 of that money might ends up with whatever they donated to. A bit under 2/3 might go into the general budget (overheads vary by funding source, but the numbers above are from one specific project).
On paper, overhead is used for costs of running the place. In practice, it's used for things like upscale faculty clubs, million-dollar executive salaries, $200 million buildings, etc. MIT has among the highest overheads in the academy. Ironically, MIT claims its ocean yacht makes money rather than losing money (which could very well be true).
If you're okay with the majority of your money going to graft, donate to MIT. With a project like OCW, which has such a huge cost:benefit ratio, accepting the graft with the donation may be a rational decision, if you subscribe to a system of ethics like utilitarianism.
Personally, I almost never donate to a charity where the highest-earner makes more than I do. I think if everyone did that, MIT might lose some of the graft and corruption which has built up there over the years.
