diff --git a/bolt/tools/CMakeLists.txt b/bolt/tools/CMakeLists.txt
--- a/bolt/tools/CMakeLists.txt
+++ b/bolt/tools/CMakeLists.txt
@@ -1,3 +1,17 @@
+set(BOLT_TOOLS_INSTALL_DIR "${CMAKE_INSTALL_BINDIR}" CACHE PATH
+    "Path for binary subdirectory (defaults to '${CMAKE_INSTALL_BINDIR}')")
+mark_as_advanced(BOLT_TOOLS_INSTALL_DIR)
+
+# Move these macros to AddBolt if such a CMake module is ever created.
+
+macro(add_bolt_tool name)
+  llvm_add_tool(BOLT ${ARGV})
+endmacro()
+
+macro(add_bolt_tool_symlink name)
+  llvm_add_tool_symlink(BOLT ${ARGV})
+endmacro()
+
 add_subdirectory(driver)
 add_subdirectory(llvm-bolt-fuzzer)
 add_subdirectory(merge-fdata)
diff --git a/bolt/tools/driver/CMakeLists.txt b/bolt/tools/driver/CMakeLists.txt
--- a/bolt/tools/driver/CMakeLists.txt
+++ b/bolt/tools/driver/CMakeLists.txt
@@ -11,7 +11,7 @@
   set(BOLT_DRIVER_DEPS "")
 endif()
 
-add_llvm_tool(llvm-bolt
+add_bolt_tool(llvm-bolt
   llvm-bolt.cpp
 
   DEPENDS
@@ -25,8 +25,8 @@
   LLVMBOLTUtils
   )
 
-add_llvm_tool_symlink(perf2bolt llvm-bolt)
-add_llvm_tool_symlink(llvm-boltdiff llvm-bolt)
+add_bolt_tool_symlink(perf2bolt llvm-bolt)
+add_bolt_tool_symlink(llvm-boltdiff llvm-bolt)
 
 set(BOLT_DEPENDS
   llvm-bolt
diff --git a/bolt/tools/heatmap/CMakeLists.txt b/bolt/tools/heatmap/CMakeLists.txt
--- a/bolt/tools/heatmap/CMakeLists.txt
+++ b/bolt/tools/heatmap/CMakeLists.txt
@@ -5,7 +5,7 @@
   Support
   )
 
-add_llvm_tool(llvm-bolt-heatmap
+add_bolt_tool(llvm-bolt-heatmap
   heatmap.cpp
   )
 
diff --git a/bolt/tools/merge-fdata/CMakeLists.txt b/bolt/tools/merge-fdata/CMakeLists.txt
--- a/bolt/tools/merge-fdata/CMakeLists.txt
+++ b/bolt/tools/merge-fdata/CMakeLists.txt
@@ -1,6 +1,6 @@
 set(LLVM_LINK_COMPONENTS Support)
 
-add_llvm_tool(merge-fdata
+add_bolt_tool(merge-fdata
   merge-fdata.cpp
 
   DEPENDS
diff --git a/clang/CMakeLists.txt b/clang/CMakeLists.txt
--- a/clang/CMakeLists.txt
+++ b/clang/CMakeLists.txt
@@ -366,6 +366,10 @@
 # The libdir suffix must exactly match whatever LLVM's configuration used.
 set(CLANG_LIBDIR_SUFFIX "${LLVM_LIBDIR_SUFFIX}")
 
+set(CLANG_TOOLS_INSTALL_DIR "${CMAKE_INSTALL_BINDIR}" CACHE PATH
+    "Path for binary subdirectory (defaults to '${CMAKE_INSTALL_BINDIR}')")
+mark_as_advanced(CLANG_TOOLS_INSTALL_DIR)
+
 set(CLANG_SOURCE_DIR ${CMAKE_CURRENT_SOURCE_DIR})
 set(CLANG_BINARY_DIR ${CMAKE_CURRENT_BINARY_DIR})
 
diff --git a/clang/cmake/modules/AddClang.cmake b/clang/cmake/modules/AddClang.cmake
--- a/clang/cmake/modules/AddClang.cmake
+++ b/clang/cmake/modules/AddClang.cmake
@@ -184,9 +184,9 @@
   if(LLVM_TOOL_LLVM_DRIVER_BUILD AND ${dest} IN_LIST LLVM_DRIVER_TOOLS)
     set_property(GLOBAL APPEND PROPERTY LLVM_DRIVER_TOOL_SYMLINKS ${name})
   else()
-    add_llvm_tool_symlink(${name} ${dest} ALWAYS_GENERATE)
+    llvm_add_tool_symlink(CLANG ${name} ${dest} ALWAYS_GENERATE)
     # Always generate install targets
-    llvm_install_symlink(${name} ${dest} ALWAYS_GENERATE)
+    llvm_install_symlink(CLANG ${name} ${dest} ALWAYS_GENERATE)
   endif()
 endmacro()
 
diff --git a/flang/CMakeLists.txt b/flang/CMakeLists.txt
--- a/flang/CMakeLists.txt
+++ b/flang/CMakeLists.txt
@@ -203,6 +203,11 @@
   include_directories(SYSTEM ${MLIR_INCLUDE_DIR})
   include_directories(SYSTEM ${MLIR_TABLEGEN_OUTPUT_DIR})
 endif()
+
+set(FLANG_TOOLS_INSTALL_DIR "${CMAKE_INSTALL_BINDIR}" CACHE PATH
+    "Path for binary subdirectory (defaults to '${CMAKE_INSTALL_BINDIR}')")
+mark_as_advanced(FLANG_TOOLS_INSTALL_DIR)
+
 set(FLANG_INTRINSIC_MODULES_DIR ${CMAKE_BINARY_DIR}/include/flang)
 set(FLANG_INCLUDE_DIR ${FLANG_BINARY_DIR}/include)
 
diff --git a/flang/cmake/modules/AddFlang.cmake b/flang/cmake/modules/AddFlang.cmake
--- a/flang/cmake/modules/AddFlang.cmake
+++ b/flang/cmake/modules/AddFlang.cmake
@@ -122,8 +122,8 @@
 endmacro()
 
 macro(add_flang_symlink name dest)
-  add_llvm_tool_symlink(${name} ${dest} ALWAYS_GENERATE)
+  llvm_add_tool_symlink(FLANG ${name} ${dest} ALWAYS_GENERATE)
   # Always generate install targets
-  llvm_install_symlink(${name} ${dest} ALWAYS_GENERATE)
+  llvm_install_symlink(FLANG ${name} ${dest} ALWAYS_GENERATE)
 endmacro()
 
diff --git a/lld/CMakeLists.txt b/lld/CMakeLists.txt
--- a/lld/CMakeLists.txt
+++ b/lld/CMakeLists.txt
@@ -156,6 +156,10 @@
   endif()
 endif() # standalone
 
+set(LLD_TOOLS_INSTALL_DIR "${CMAKE_INSTALL_BINDIR}" CACHE PATH
+    "Path for binary subdirectory (defaults to '${CMAKE_INSTALL_BINDIR}')")
+mark_as_advanced(LLD_TOOLS_INSTALL_DIR)
+
 set(LLD_SOURCE_DIR ${CMAKE_CURRENT_SOURCE_DIR})
 set(LLD_INCLUDE_DIR ${LLD_SOURCE_DIR}/include )
 set(LLD_BINARY_DIR ${CMAKE_CURRENT_BINARY_DIR})
diff --git a/lld/cmake/modules/AddLLD.cmake b/lld/cmake/modules/AddLLD.cmake
--- a/lld/cmake/modules/AddLLD.cmake
+++ b/lld/cmake/modules/AddLLD.cmake
@@ -60,7 +60,7 @@
 endmacro()
 
 macro(add_lld_symlink name dest)
-  add_llvm_tool_symlink(${name} ${dest} ALWAYS_GENERATE)
+  llvm_add_tool_symlink(LLD ${name} ${dest} ALWAYS_GENERATE)
   # Always generate install targets
-  llvm_install_symlink(${name} ${dest} ALWAYS_GENERATE)
+  llvm_install_symlink(LLD ${name} ${dest} ALWAYS_GENERATE)
 endmacro()
diff --git a/llvm/cmake/modules/AddLLVM.cmake b/llvm/cmake/modules/AddLLVM.cmake
--- a/llvm/cmake/modules/AddLLVM.cmake
+++ b/llvm/cmake/modules/AddLLVM.cmake
@@ -1281,7 +1281,7 @@
     )
 endif()
 
-macro(add_llvm_tool name)
+macro(llvm_add_tool project name)
   cmake_parse_arguments(ARG "DEPENDS;GENERATE_DRIVER" "" "" ${ARGN})
   if( NOT LLVM_BUILD_TOOLS )
     set(EXCLUDE_FROM_ALL ON)
@@ -1297,7 +1297,7 @@
         get_target_export_arg(${name} LLVM export_to_llvmexports)
         install(TARGETS ${name}
                 ${export_to_llvmexports}
-                RUNTIME DESTINATION ${LLVM_TOOLS_INSTALL_DIR}
+                RUNTIME DESTINATION ${${project}_TOOLS_INSTALL_DIR}
                 COMPONENT ${name})
 
         if (NOT LLVM_ENABLE_IDE)
@@ -1312,7 +1312,11 @@
     endif()
     set_target_properties(${name} PROPERTIES FOLDER "Tools")
   endif()
-endmacro(add_llvm_tool name)
+endmacro(llvm_add_tool project name)
+
+macro(add_llvm_tool name)
+  llvm_add_tool(LLVM ${ARGV})
+endmacro()
 
 
 macro(add_llvm_example name)
@@ -2011,7 +2015,7 @@
 
 endfunction()
 
-function(llvm_install_symlink name dest)
+function(llvm_install_symlink project name dest)
   get_property(LLVM_DRIVER_TOOLS GLOBAL PROPERTY LLVM_DRIVER_TOOLS)
   if(LLVM_TOOL_LLVM_DRIVER_BUILD AND ${dest} IN_LIST LLVM_DRIVER_TOOLS)
     set_property(GLOBAL APPEND PROPERTY LLVM_DRIVER_TOOL_SYMLINKS ${name})
@@ -2042,7 +2046,7 @@
   endif()
 
   install(SCRIPT ${INSTALL_SYMLINK}
-          CODE "install_symlink(${full_name} ${full_dest} ${LLVM_TOOLS_INSTALL_DIR})"
+          CODE "install_symlink(${full_name} ${full_dest} ${${project}_TOOLS_INSTALL_DIR})"
           COMPONENT ${component})
 
   if (NOT LLVM_ENABLE_IDE AND NOT ARG_ALWAYS_GENERATE)
@@ -2053,7 +2057,7 @@
   endif()
 endfunction()
 
-function(add_llvm_tool_symlink link_name target)
+function(llvm_add_tool_symlink project link_name target)
   cmake_parse_arguments(ARG "ALWAYS_GENERATE" "OUTPUT_DIR" "" ${ARGN})
 
   get_property(LLVM_DRIVER_TOOLS GLOBAL PROPERTY LLVM_DRIVER_TOOLS)
@@ -2135,11 +2139,15 @@
     endif()
 
     if ((TOOL_IS_TOOLCHAIN OR NOT LLVM_INSTALL_TOOLCHAIN_ONLY) AND LLVM_BUILD_TOOLS)
-      llvm_install_symlink(${link_name} ${target})
+      llvm_install_symlink("${project}" ${link_name} ${target})
     endif()
   endif()
 endfunction()
 
+function(add_llvm_tool_symlink link_name target)
+  llvm_add_tool_symlink(LLVM ${ARGV})
+endfunction()
+
 function(llvm_externalize_debuginfo name)
   if(NOT LLVM_EXTERNALIZE_DEBUGINFO)
     return()
diff --git a/llvm/cmake/modules/CMakeLists.txt b/llvm/cmake/modules/CMakeLists.txt
--- a/llvm/cmake/modules/CMakeLists.txt
+++ b/llvm/cmake/modules/CMakeLists.txt
@@ -131,7 +131,6 @@
 
 set(LLVM_CONFIG_BINARY_DIR "\${LLVM_INSTALL_PREFIX}")
 extend_path(LLVM_CONFIG_CMAKE_DIR "\${LLVM_INSTALL_PREFIX}" "${LLVM_INSTALL_PACKAGE_DIR}")
-extend_path(LLVM_CONFIG_TOOLS_BINARY_DIR "\${LLVM_INSTALL_PREFIX}" "${LLVM_TOOLS_INSTALL_DIR}")
 
 # Generate a default location for lit
 if (LLVM_INSTALL_UTILS AND LLVM_BUILD_UTILS)
diff --git a/llvm/cmake/modules/LLVMConfig.cmake.in b/llvm/cmake/modules/LLVMConfig.cmake.in
--- a/llvm/cmake/modules/LLVMConfig.cmake.in
+++ b/llvm/cmake/modules/LLVMConfig.cmake.in
@@ -127,7 +127,6 @@
 set(LLVM_BINARY_DIR "@LLVM_CONFIG_BINARY_DIR@")
 set(LLVM_CMAKE_DIR "@LLVM_CONFIG_CMAKE_DIR@")
 set(LLVM_TOOLS_BINARY_DIR "@LLVM_CONFIG_TOOLS_BINARY_DIR@")
-set(LLVM_TOOLS_INSTALL_DIR "@LLVM_TOOLS_INSTALL_DIR@")
 set(LLVM_HAVE_OPT_VIEWER_MODULES @LLVM_HAVE_OPT_VIEWER_MODULES@)
 set(LLVM_CONFIGURATION_TYPES @CMAKE_CONFIGURATION_TYPES@)
 set(LLVM_ENABLE_SHARED_LIBS @BUILD_SHARED_LIBS@)
diff --git a/llvm/cmake/modules/TableGen.cmake b/llvm/cmake/modules/TableGen.cmake
--- a/llvm/cmake/modules/TableGen.cmake
+++ b/llvm/cmake/modules/TableGen.cmake
@@ -196,7 +196,7 @@
     install(TARGETS ${target}
             ${export_to_llvmexports}
             COMPONENT ${target}
-            RUNTIME DESTINATION ${LLVM_TOOLS_INSTALL_DIR})
+            RUNTIME DESTINATION "${${project}_TOOLS_INSTALL_DIR}")
     if(NOT LLVM_ENABLE_IDE)
       add_llvm_install_targets("install-${target}"
                                DEPENDS ${target}
diff --git a/mlir/CMakeLists.txt b/mlir/CMakeLists.txt
--- a/mlir/CMakeLists.txt
+++ b/mlir/CMakeLists.txt
@@ -32,6 +32,10 @@
   set(CMAKE_RUNTIME_OUTPUT_DIRECTORY "${CMAKE_CURRENT_BINARY_DIR}/bin")
 endif()
 
+set(MLIR_TOOLS_INSTALL_DIR "${CMAKE_INSTALL_BINDIR}" CACHE PATH
+    "Path for binary subdirectory (defaults to '${CMAKE_INSTALL_BINDIR}')")
+mark_as_advanced(MLIR_TOOLS_INSTALL_DIR)
+
 set(MLIR_MAIN_SRC_DIR     ${CMAKE_CURRENT_SOURCE_DIR}  )
 set(MLIR_MAIN_INCLUDE_DIR ${MLIR_MAIN_SRC_DIR}/include )
 
diff --git a/mlir/cmake/modules/AddMLIR.cmake b/mlir/cmake/modules/AddMLIR.cmake
--- a/mlir/cmake/modules/AddMLIR.cmake
+++ b/mlir/cmake/modules/AddMLIR.cmake
@@ -351,6 +351,10 @@
   endif()
 endfunction(add_mlir_library)
 
+macro(add_mlir_tool name)
+  llvm_add_tool(MLIR ${ARGV})
+endmacro()
+
 # Sets a variable with a transformed list of link libraries such individual
 # libraries will be dynamically excluded when evaluated on a final library
 # which defines an MLIR_AGGREGATE_EXCLUDE_LIBS which contains any of the
diff --git a/mlir/tools/mlir-cpu-runner/CMakeLists.txt b/mlir/tools/mlir-cpu-runner/CMakeLists.txt
--- a/mlir/tools/mlir-cpu-runner/CMakeLists.txt
+++ b/mlir/tools/mlir-cpu-runner/CMakeLists.txt
@@ -5,7 +5,7 @@
   native
   )
 
-add_llvm_tool(mlir-cpu-runner
+add_mlir_tool(mlir-cpu-runner
   mlir-cpu-runner.cpp
   )
 llvm_update_compile_flags(mlir-cpu-runner)
diff --git a/mlir/tools/mlir-linalg-ods-gen/CMakeLists.txt b/mlir/tools/mlir-linalg-ods-gen/CMakeLists.txt
--- a/mlir/tools/mlir-linalg-ods-gen/CMakeLists.txt
+++ b/mlir/tools/mlir-linalg-ods-gen/CMakeLists.txt
@@ -4,7 +4,7 @@
   )
 
 # New mlir-linalg-ods-yaml-gen.
-add_llvm_tool(mlir-linalg-ods-yaml-gen
+add_mlir_tool(mlir-linalg-ods-yaml-gen
   mlir-linalg-ods-yaml-gen.cpp
 )
 llvm_update_compile_flags(mlir-linalg-ods-yaml-gen)
diff --git a/mlir/tools/mlir-lsp-server/CMakeLists.txt b/mlir/tools/mlir-lsp-server/CMakeLists.txt
--- a/mlir/tools/mlir-lsp-server/CMakeLists.txt
+++ b/mlir/tools/mlir-lsp-server/CMakeLists.txt
@@ -42,7 +42,7 @@
   MLIRIR
   )
 
-add_llvm_tool(mlir-lsp-server
+add_mlir_tool(mlir-lsp-server
   mlir-lsp-server.cpp
 
   DEPENDS
diff --git a/mlir/tools/mlir-opt/CMakeLists.txt b/mlir/tools/mlir-opt/CMakeLists.txt
--- a/mlir/tools/mlir-opt/CMakeLists.txt
+++ b/mlir/tools/mlir-opt/CMakeLists.txt
@@ -65,7 +65,7 @@
   ${LIBS}
   )
 
-add_llvm_tool(mlir-opt
+add_mlir_tool(mlir-opt
   mlir-opt.cpp
 
   DEPENDS
diff --git a/mlir/tools/mlir-pdll-lsp-server/CMakeLists.txt b/mlir/tools/mlir-pdll-lsp-server/CMakeLists.txt
--- a/mlir/tools/mlir-pdll-lsp-server/CMakeLists.txt
+++ b/mlir/tools/mlir-pdll-lsp-server/CMakeLists.txt
@@ -2,7 +2,7 @@
   MLIRPdllLspServerLib
   )
 
-add_llvm_tool(mlir-pdll-lsp-server
+add_mlir_tool(mlir-pdll-lsp-server
   mlir-pdll-lsp-server.cpp
 
   DEPENDS
diff --git a/mlir/tools/mlir-reduce/CMakeLists.txt b/mlir/tools/mlir-reduce/CMakeLists.txt
--- a/mlir/tools/mlir-reduce/CMakeLists.txt
+++ b/mlir/tools/mlir-reduce/CMakeLists.txt
@@ -17,7 +17,7 @@
   MLIRReduceLib
   )
 
-add_llvm_tool(mlir-reduce
+add_mlir_tool(mlir-reduce
   mlir-reduce.cpp
 
   DEPENDS
diff --git a/mlir/tools/mlir-spirv-cpu-runner/CMakeLists.txt b/mlir/tools/mlir-spirv-cpu-runner/CMakeLists.txt
--- a/mlir/tools/mlir-spirv-cpu-runner/CMakeLists.txt
+++ b/mlir/tools/mlir-spirv-cpu-runner/CMakeLists.txt
@@ -5,7 +5,7 @@
 if (MLIR_ENABLE_SPIRV_CPU_RUNNER)
   message(STATUS "Building SPIR-V CPU runner")
 
-  add_llvm_tool(mlir-spirv-cpu-runner
+  add_mlir_tool(mlir-spirv-cpu-runner
     mlir-spirv-cpu-runner.cpp
   )
 
diff --git a/mlir/tools/mlir-translate/CMakeLists.txt b/mlir/tools/mlir-translate/CMakeLists.txt
--- a/mlir/tools/mlir-translate/CMakeLists.txt
+++ b/mlir/tools/mlir-translate/CMakeLists.txt
@@ -5,7 +5,7 @@
 get_property(dialect_libs GLOBAL PROPERTY MLIR_DIALECT_LIBS)
 get_property(translation_libs GLOBAL PROPERTY MLIR_TRANSLATION_LIBS)
 
-add_llvm_tool(mlir-translate
+add_mlir_tool(mlir-translate
   mlir-translate.cpp
   )
 llvm_update_compile_flags(mlir-translate)
diff --git a/mlir/tools/mlir-vulkan-runner/CMakeLists.txt b/mlir/tools/mlir-vulkan-runner/CMakeLists.txt
--- a/mlir/tools/mlir-vulkan-runner/CMakeLists.txt
+++ b/mlir/tools/mlir-vulkan-runner/CMakeLists.txt
@@ -88,7 +88,7 @@
     LIST(APPEND targets_to_link "LLVM${t}")
   ENDFOREACH(t)
 
-  add_llvm_tool(mlir-vulkan-runner
+  add_mlir_tool(mlir-vulkan-runner
     mlir-vulkan-runner.cpp
 
     DEPENDS
diff --git a/mlir/tools/tblgen-lsp-server/CMakeLists.txt b/mlir/tools/tblgen-lsp-server/CMakeLists.txt
--- a/mlir/tools/tblgen-lsp-server/CMakeLists.txt
+++ b/mlir/tools/tblgen-lsp-server/CMakeLists.txt
@@ -2,7 +2,7 @@
   TableGenLspServerLib
   )
 
-add_llvm_tool(tblgen-lsp-server
+add_mlir_tool(tblgen-lsp-server
   tblgen-lsp-server.cpp
 
   DEPENDS
diff --git a/openmp/libomptarget/tools/CMakeLists.txt b/openmp/libomptarget/tools/CMakeLists.txt
--- a/openmp/libomptarget/tools/CMakeLists.txt
+++ b/openmp/libomptarget/tools/CMakeLists.txt
@@ -10,4 +10,18 @@
 #
 ##===----------------------------------------------------------------------===##
 
+set(OPENMP_TOOLS_INSTALL_DIR "${CMAKE_INSTALL_BINDIR}" CACHE PATH
+    "Path for binary subdirectory (defaults to '${CMAKE_INSTALL_BINDIR}')")
+mark_as_advanced(OPENMP_TOOLS_INSTALL_DIR)
+
+# Move these macros to AddOpenMP if such a CMake module is ever created.
+
+macro(add_openmp_tool name)
+  llvm_add_tool(OPENMP ${ARGV})
+endmacro()
+
+macro(add_openmp_tool_symlink name)
+  llvm_add_tool_symlink(OPENMP ${ARGV})
+endmacro()
+
 add_subdirectory(deviceinfo)
diff --git a/openmp/libomptarget/tools/deviceinfo/CMakeLists.txt b/openmp/libomptarget/tools/deviceinfo/CMakeLists.txt
--- a/openmp/libomptarget/tools/deviceinfo/CMakeLists.txt
+++ b/openmp/libomptarget/tools/deviceinfo/CMakeLists.txt
@@ -12,7 +12,7 @@
 
 libomptarget_say("Building the llvm-omp-device-info tool")
 
-add_llvm_tool(llvm-omp-device-info llvm-omp-device-info.cpp)
+add_openmp_tool(llvm-omp-device-info llvm-omp-device-info.cpp)
 
 llvm_update_compile_flags(llvm-omp-device-info)