NonprofitsGeorgia Tech Foundation Inc

Education

Georgia Tech Foundation Inc

ATLANTA, GA

Total revenue

$282.8M

Total expenses

$157.5M

Net assets

$2.8B

Grants received

$202.0M

873 grants

EIN

586043294

Tax year

2023

Mission

See schedule o

Programs

3 programs

Scholarships and fellowships: the foundation provides funding for grants, scholarships, fellowships and loan funds for undergraduate and graduate students at georgia tech. The office of financial aid and academic units at georgia tech select the recipients of the scholarships and fellowships. Examples of two programs funded by the foundation are the georgia tech promise program, which is a program to provide scholarships for need-based students and the georgia tech president's scholarship program, which is a scholarship program for students with exceptional merit.

Expenses: $44.4MGrants: $44.4M

Alumni association: the foundation provides funding for the georgia tech alumni association, which provides programs for georgia tech alumni and students.

Expenses: $2.9MGrants: $2.9M

Other program servicesgeorgia tech foundation, inc. Provides general support to the georgia institute of technology and its affiliated organizations. The general support provides funds for educational and various other activities.

Expenses: $14.0MGrants: $6.6M

Financials

FY 2023

Revenue

Contributions & grants$136.0M
Program service revenue$696K
Investment income$141.4M
Other revenue$4.7M
Total revenue$282.8M

Expenses

Grants paid$119.0M
Salaries & benefits$8.9M
Fundraising$6.4M
Other expenses$29.6M
Total expenses$157.5M
Total assets$3.3B
Net assets$2.8B

People

50 listed

NameRoleCompensation

ALFREDO TRUJILLO

PRESIDENT & COO

Board

$696K

40 hrs/wk

MARK DELORENZO

CFO & SECRETARY

Board

$247K

40 hrs/wk

CYNTHIA PEKRUL

CFO & SECRETARY

Board

$40K

40 hrs/wk

BETSY BULAT

TRUSTEE

Board

1 hrs/wk

FRANCES L CASHMAN

TRUSTEE

Board

1 hrs/wk

THEODORE COLBERT III

TRUSTEE

Board

1 hrs/wk

KARL F DASHER

TRUSTEE

Board

1 hrs/wk

MARIO M DE LA GUARDIA JR

TRUSTEE

Board

1 hrs/wk

STEPHEN M DEEDY

TRUSTEE

Board

1 hrs/wk

WALTER G EHMER

TRUSTEE

Board

1 hrs/wk

JAMES O ETHEREDGE

TRUSTEE

Board

1 hrs/wk

D FORT FLOWERS JR

TRUSTEE

Board

1 hrs/wk

J LOUIS FOUTS

TRUSTEE

Board

1 hrs/wk

SHELDON J FOX

TRUSTEE

Board

1 hrs/wk

LANCE M FRITZ

TRUSTEE

Board

1 hrs/wk

MARY A GORDON

TRUSTEE

Board

1 hrs/wk

THOMAS N HERRINGTON JR

TRUSTEE

Board

1 hrs/wk

LARA O HODGSON

TRUSTEE

Board

1 hrs/wk

MICHELLE E JARRARD

TRUSTEE

Board

1 hrs/wk

ELAINE H JOHNS

TRUSTEE

Board

1 hrs/wk

CHRISTOPHER T JONES

TRUSTEE

Board

1 hrs/wk

CHRISTOPHER W KLAUS

TRUSTEE

Board

1 hrs/wk

ANDREA L LALIBERTE

TRUSTEE

Board

1 hrs/wk

WONYA Y LUCAS

TRUSTEE

Board

1 hrs/wk

MICHELLE D MASON

TRUSTEE

Board

1 hrs/wk

JOHN M MCKENNEY

TRUSTEE

Board

1 hrs/wk

ROBERT A MILTON

TRUSTEE

Board

1 hrs/wk

THOMAS E NOONAN

TRUSTEE

Board

1 hrs/wk

BRADY L RACKLEY III

TRUSTEE

Board

1 hrs/wk

MAGD M RIAD

TRUSTEE

Board

1 hrs/wk

FRANCES G ROGERS

TRUSTEE

Board

1 hrs/wk

DAVID P ROWLAND

TRUSTEE

Board

1 hrs/wk

RICARDO SALGADO

TRUSTEE

Board

1 hrs/wk

DR ANGEL CABRERA

PRESIDENT GA INSTITUTE OF TECHNOLOGY

Board

1 hrs/wk

TERESA M SMITH

TRUSTEE

Board

1 hrs/wk

JOCELYN M STARGEL

TRUSTEE

Board

1 hrs/wk

ROBERT N STARGEL JR

TRUSTEE

Board

1 hrs/wk

JEB M STEWART

TRUSTEE

Board

1 hrs/wk

WENDI C STURGIS

TRUSTEE

Board

1 hrs/wk

BENJAMIN J TARBUTTON III

TRUSTEE

Board

1 hrs/wk

MARK C TEIXEIRA

TRUSTEE

Board

1 hrs/wk

KAREN C THURMAN

TRUSTEE

Board

1 hrs/wk

ALAN C WARREN

TRUSTEE

Board

1 hrs/wk

BRIAN PELLEGRINO

CHIEF INVESTMENT OFFICER

Staff

$1.5M

40 hrs/wk

LU YAN

MANAGING DIRECTOR - PUBLIC INVESTMENTS

Staff

$582K

40 hrs/wk

PATRICK LIU

DIRECTOR - PRIVATE INVESTMENTS

Staff

$544K

40 hrs/wk

DWIGHT DOZIER

CHIEF INFORMATION OFFICER

Staff

$241K

40 hrs/wk

JOHN CRIST

PORTFOLIO SPECIALIST - GLOBAL EQUITIES

Staff

$228K

40 hrs/wk

ROBERT THOMPSON

INVESTMENT OFFICER

Staff

$226K

40 hrs/wk

CHRIS SETZER

CONTROLLER

Staff

$181K

40 hrs/wk

Independent contractors

GAY CONSTRUCTION COMPANY

CONSTRUCTION SERVICES

$2.6M

IDEAS UNITED LLC

MARKETING

$583K

HITT CONTRACTING

DESIGN & CONSTRUCTIONS

$451K

BLACKBAUD INC

SOFTWARE

$422K

KPMG LLP

AUDIT & TAX

$399K

Grants received

Showing 200 of 873

FromAmountPurposeYear
$7M
SUPPORT SOUTHERN COMPANY FOUNDATION ENGINEERING PIPELINE
2024
$4M
CURRENT OPERATIONS AND FOR A PERMANENT ENDOWMENT, DIRECTED TOWARD THE ATTRACTION AND RETENTION OF EMINENT TEACHER/SCHOLARS.
2024
$3.2M
Center for Finance & Technology -Operations $800,000Season Speedwell Talks $100,000Promis Scholarship program $200,000Fellowshio Endowment $2,000,000Tuiition for Cristo Rey High School student $100,000Student support for Cristo Rey Students $200,000
2024
$2.0M
GIVING AND GENEROSITY
2024
$1.4M
TO SUPPORT THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION
2024
$1.4M
TO SUPPORT THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION
2024
$1.3M
UNRESTRICTED GENERAL SUPPORT
2024
$1.0M
GENERAL OPERATING SUPPORT
2024
$1M
SUPPORT TO NAME THE JOHN LEWIS STUDENT CENTER ON GEORGIA TECH CAMPUS
2024
$750K
GRANT - TO SUPPORT THE CHARITABLE ENVIRONMENTAL MISSION, ACTIVITIES AND OPERATIONS OF THE RECIPIENT ORGANIZATION
2024
$444K
OVARIAN CANCER RESEA
2024
$325K
EDUCATIONAL
2024
$250K
First Generation/URM Scholarship; Postdoc in Susta inability/Global Development; Study Abroad Program ; Project ENGAGES Scholarship; EXCEL Scholarship
2024
$250K
General operating support
2024
$200K
GENERAL SUPPORT
2024
$200K
Faculty Endowment Fund
2024
$200K
Education
2024
$155K
TO PROVIDE SUPPORT FOR LBAT SCHOLARSHIP, CLAUS HALLE GATEWAY FELLOWSHIP, AND CLAUS HALLE GRADUATE ASSISTANTSHIP PROGRAMS.
2024
$100K
TO SUPPORT THE MISSION OF THE RECIPIENT ORGANIZATION
2024
$100K
DONATION TOWARDS THE PORTMAN PRIZE
2024
$84K
EDUCATION; DAF FUNDED
2024
$80K
SETH BONDER CAMP IN COMPUTATIONAL & DATA SCIENCES
2024
$70K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2024
$65K
CONTRIBUTION
2024
$61K
SUPPORT EDUCATIONAL ORGANIZATION
2024
$60K
PROGRAMATIC SUPPORT
2024
$60K
PROGRAMATIC SUPPORT
2024
$60K
CHARITABLE CONTRIBUTION
2024
$50K
support for education
2024
$50K
General Charitable Purpose
2024
$50K
ISYE UNDERREPRESENTED EARLY CAREER FACULTY AND GRADUATE STUDENTS FUND
2024
$50K
MISSION OF NONPROFIT ORGANIZATION
2024
$50K
COLLEGE EXCELLENCE PROGRAM
2024
$43K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$40K
MAKING A POSITIVE IMPACT ON THE GEORGIA TECH COMM
2024
$40K
ACADEMIC ENDOWMENT FUNDS
2024
$27K
GENERAL OPER SUPPORT
2024
$26K
GENERAL SUPPORT
2024
$25K
UNRESTRICTED GENERAL SUPPORT
2024
$24K
UNRESTRICTED GENERAL
2024
$20K
To assist local charities
2024
$20K
GENERAL FUND
2024
$20K
SUPPORT OF URBAN DESIGN AND PLANNING EDUCATION
2024
$20K
CHARITABLE DONATION TO SUPPORT THE GEORGIA TECH FOUNDATION IN PROMOTING HIGHER EDUCATION MANAGING GIFTS AND ENHANCING THE GEORGIA INSTITUTE OF TECHNOLOGY AS A LEADING EDUCATIONAL AND RESEARCH INSTITUTION.
2024
$13K
DEAN'S SCHOLARSHIP
2024
$12K
GENERAL PURPOSE
2024
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$10K
GENERAL SUPPORT
2024
$10K
CIVIC & HUMAN SERVICES
2024
$10K
TO FURTHER THE MISSION OF THE FOUNDATION.
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2024
$10K
EDUCATIONAL
2024
$8K
GENERAL OPERATIONS
2024
$8K
DONATIONS TO COLLEGES, UNIVERSITIES AND OTHER ORGANIZATIONS UNDER "MATCHING GIFTS PROGRAM."
2024
$7K
FIDELITY MATCHING GIFTS TO EDUCATION
2024
$7K
TO CONVENE SCHOLARS AND PRACTITIONERS TO BRAINSTORM NEW, INNOVATIVE, AND BOLD RESEARCH IDEAS IN THE CHILD WELL-BEING AND JUVENILE JUSTICE SPACE.
2024
$7K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2024
$6K
GENERAL SUPPORT
2024
$5K
CHARITABLE CONTRIBUTION
2024
$5K
WALT EHMER ENDOWMENT FUND
2024
$4K
MATCHING GIFT FOR BOARD MEMBERS & EMPLOYEES
2024
$4K
Annual role call for scholarships
2024
$3K
MATCHING GIFTS
2024
$3K
2024 MATCHING GIFT
2024
$3K
MATCHING GIFTS
2024
$1K
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$1K
PROGRAM SUPPORT
2024
$600
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$400
SUPPORTING CHARITABLE ACTIVITES
2024
$200
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$200
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$200
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$125
GENERAL OPERATING PURPOSE
2024
$50
GENERAL OPERATING GRANTS & MATCHING GIFTS.
2024
$12.5M
Phase III construction of Tech Square.
2023
$7M
SUPPORT SOUTHERN COMPANY FOUNDATION ENGINEERING PIPELINE
2023
$4.4M
Financial Service Lab $3,100,000.Redesigning Cities Series $100,000.Faculty chair and professorship School of Civil & Enviromental Engineering $1,000,000Student support for Cristo Rey Students $200,000
2023
$4M
CURRENT OPERATIONS AND FOR A PERMANENT ENDOWMENT, DIRECTED TOWARD THE ATTRACTION AND RETENTION OF EMINENT TEACHER/SCHOLARS.
2023
$1.6M
Unrestricted Donation
2023
$1.5M
For grant recipient's exempt purposes
2023
$1.4M
TO SUPPORT THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION
2023
$1.0M
CHARITABLE
2023
$1M
SUPPORT TO NAME THE JOHN LEWIS STUDENT CENTER ON GEORGIA TECH CAMPUS TOTALING $4M.
2023
$781K
EDUCATIONAL
2023
$725K
GENERAL FUND FOR THE BENEFIT OF GEORGIA TECH STUDENTS
2023
$600K
GENERAL OPERATING FUNDS
2023
$600K
GENERAL OPERATING FUNDS
2023
$500K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$370K
General operating support
2023
$365K
OVARIAN CANCER RESEA
2023
$250K
Neurorehabilitation Training Program
2023
$200K
Faculty Endowment Fund
2023
$200K
GENERAL SUPPORT
2023
$194K
Este fondo apoyara catedras a la facultad de la
2023
$176K
Contribution for charity's use in its programs & activities
2023
$175K
TO BENEFIT THE CONSTELLATIONS CENTER FOR EQUITY IN COMPUTING AT THE GEORGIA INSTITUTE OF TECHNOLOGY (INSTITUTE), IN ORDER TO SUPPORT A SENIOR FELLOW POSITION
2023
$150K
To foster and manage gifts given in support of academic excellence in the spirit and traditions of the Georgia Institute of Technology.
2023
$150K
GENERAL OPERATING
2023
$136K
EDUCATIONAL
2023
$105K
IMPROVING EDUCATIONAL OPPORTUNITIES
2023
$101K
CONTRIBUTION
2023
$101K
CONTRIBUTION
2023
$100K
GENERAL CHARITABLE PURPOSES
2023
$100K
TO FUND SCHOLARSHIPS
2023
$100K
GENERAL OPERATING
2023
$100K
PROGRAMATIC SUPPORT
2023
$85K
SETH BONDER CAMP IN COMPUTATIONAL & DATA SCIENCES
2023
$80K
CHARITABLE GIFT
2023
$71K
CHARITABLE DONATION
2023
$70K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$68K
UNRESTRICTED GENERAL SUPPORT
2023
$60K
DONATION TOWARDS THE PORTMAN PRIZE
2023
$57K
CHARITABLE DONATION
2023
$50K
ISYE UNDER REPRESENTED EARLY CAREER FACULTY AND GRADUATE STUDENTS FUND
2023
$50K
SUPPORT
2023
$50K
support for education
2023
$50K
SERVING RURAL MINORITY BUSINESS ENTERPRISES
2023
$50K
BAGWELL CENTER FOR THE STUDY OF MARKETS AND ECONOMIC OPPORTUNITY
2023
$50K
CHARITABLE
2023
$50K
UNRESTRICTED GENERAL SUPPORT
2023
$45K
UNRESTRICTED GENERAL
2023
$41K
GENERAL SUPPORT
2023
$40K
GEORGE FELLOWS IN THE ISYE PROGRAM STUDYING AND RESEARCHING IN THE AREA OF HEALTH SYSTEMS
2023
$40K
MAKING A POSITIVE IMPACT ON THE GEORGIA TECH COMM
2023
$40K
ACADEMIC ENDOWMENT FUNDS
2023
$40K
EDUCATIONAL DEVELOPMENT
2023
$40K
TO BEGIN EXPERIMENTS FOR THE NANOMODULAR ELECTRONICS PROGRAM. SPECIFICIALLY, IT WAS FOR THE FUNDED SCIENTISTS TO CREATE ELECTRONIC COMPONENTS THAT COULD BE LIFTED OFF A SILICON SUBSTRATE TO TEST COLLOIDAL SOLUTIONS AND CONTACT DECAY.
2023
$38K
CHARITABLE
2023
$34K
2023 MATCHING GIFTS - SC FOUNDATION MATCH
2023
$30K
UNRESTRICTED
2023
$30K
GENERAL SUPPORT
2023
$27K
GENERAL OPER SUPPORT
2023
$25K
VARIOUS CHARITABLE PROGRAM ACTIVITIES
2023
$25K
General & Unrestricted
2023
$25K
UNRESTRICTED GENERAL
2023
$25K
College of Science's Dean's Excellence Fund
2023
$25K
MISSION OF NONPROFIT ORGANIZATION
2023
$25K
UNRESTRICTED GENERAL SUPPORT
2023
$22K
MATCHING GIFTS
2023
$20K
2024 AIR PRODUCTS CONTRIBUTION
2023
$20K
PAYMENT OF DONATION TOWARDS GEORGIA TECH'S MISSION TO FOSTER AND MANAGE GIFTS GIVEN IN SUPPORT OF ACADEMIC EXCELLENCE IN THE SPIRIT AND TRADITIONS OF THE GEORGIA INSTITUTE OF TECHNOLOGY.
2023
$19K
UNRESTRICTED GENERAL
2023
$18K
SCHOLARSHIPS
2023
$15K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$15K
ECONOMIC MOBILITY
2023
$13K
SUPPORT ACADEMIC EXCELLENCE
2023
$10K
SCHOLARSHIPS FOR EDUCATION
2023
$10K
CHARITABLE CONTRIBUTION
2023
$10K
EDUCATIONAL PURPOSE
2023
$10K
CHARITABLE PURPOSES, UNRESTRICTED
2023
$10K
MEN'S WATER POLO CLUB
2023
$10K
To assist local charities
2023
$10K
DONATION TO THE GEORGIA TECH BLACK ALUMNI ORGANIZATION (GTBAO) FUND IN HONOR OF MICHAEL ANDERSONS RETIREMENT FROM GEORGIA POWER
2023
$8K
GENERAL SUPPORT
2023
$6K
MATCHING GIFTS
2023

Funded by

$202.0M from 309 funders · 873 grants · 2017–2024

Southern Company Charitable Foundation

$33.3M · 11 grants · 2020–2024

Robert W Woodruff Foundation Inc

$25.0M · 2 grants · 2022–2023

Fidelity Investments Charitable Gift Fund

$22.7M · 8 grants · 2017–2023

Natl Christian Charitable Fdn Inc

$13.9M · 5 grants · 2020–2024

The Community Foundation For Greater

$10.2M · 5 grants · 2019–2024

Speedwell Foundation

$9.1M · 4 grants · 2020–2024

Donor Advised Charitable Giving Inc

$8.8M · 7 grants · 2017–2023

The Marcus Foundation Inc

$6.5M · 5 grants · 2020–2024

Details

EIN586043294
NTEE codeB110
Subsection03
Ruling date1944-07
Formed1932
Employees52
Volunteers150
GEORGIA TECH FOUNDATION INC — Mission, Financials & Grants Received | Grantivo