NonprofitsUniversity System Of Georgia Foundation Inc

Education

University System Of Georgia Foundation Inc

ATLANTA, GA

Total revenue

$29.3M

Total expenses

$20.5M

Net assets

$53.9M

Grants received

$5.3M

44 grants

EIN

586333106

Tax year

2023

Mission

See schedule o for complete mission description.the university system of georgia foundation's primary goal is to support the state of georgia university system and its 26 colleges and universities to ensure access to academic excellence and educational opportunities for all georgians.

Programs

2 programs

Scholarships and awards: usg foundation provides scholarship funds to all usg institutions so that they can offer needs-based scholarships to qualified students. Additionally, the usg foundation annually provides monetary awards to outstanding faculty selected by the usg department of academic affairs.

Expenses: $1.3MGrants: $1.3M

The usg foundation is committed to strengthening public institutions of higher learning across georgia. Through capacity building grants and professional development opportunities, the foundation bolsters the efforts of institutions and programs to improve their efficiency, increase their impact, and plan for the future.

Expenses: $843KGrants: $165K

Financials

FY 2023

Revenue

Contributions & grants$1.9M
Program service revenue$24.4M
Investment income$3.2M
Other revenue
Total revenue$29.3M

Expenses

Grants paid$4.3M
Salaries & benefits$472K
Fundraising$300K
Other expenses$15.7M
Total expenses$20.5M
Total assets$542.1M
Net assets$53.9M

People

22 listed

NameRoleCompensation

KIRBY A THOMPSON

CEO/VICE CHANCELLOR FOR DEVELOPMENT

Board

$155K

40 hrs/wk

CHRISTINA PALOSKI

ASST VICE CHAN FOR DEVELOPMENT

Board

$134K

40 hrs/wk

T DALLAS SMITH

SECRETARY

Board

1 hrs/wk

TY SMITH

TREASURER

Board

1 hrs/wk

NEIL L PRUITT JR

PRESIDENT USGREF MANAGER, LLC

Board

2 hrs/wk

TEDDY RUSSELL

IMMEDIATE PAST CHAIR

Board

0.5 hrs/wk

M BRIAN BLAKE

TRUSTEE

Board

0.5 hrs/wk

CHRISTINE BOUCHER

TRUSTEE

Board

0.5 hrs/wk

GEORGE BROOKS

TRUSTEE

Board

0.5 hrs/wk

RICH JOHNSON

TRUSTEE

Board

0.5 hrs/wk

SARAH-ELIZABETH LANGFORD

TRUSTEE

Board

0.5 hrs/wk

CADE JOINER

CHAIR

Board

2 hrs/wk

KELLY LOEFFLER

TRUSTEE

Board

0.5 hrs/wk

ANDY MACKE

TRUSTEE

Board

0.5 hrs/wk

JOHN J NEELY III

TRUSTEE

Board

0.5 hrs/wk

COURTNEY SMITH

TRUSTEE

Board

0.5 hrs/wk

JULIE SMITH

TRUSTEE

Board

0.5 hrs/wk

MALCOLM SMITH

TRUSTEE

Board

0.5 hrs/wk

JAMES K SYFAN III

TRUSTEE

Board

0.5 hrs/wk

SCOTT BRYANT

CEO/VICE CHANCELLOR FOR DEVELOPMENT

Board

40 hrs/wk

DONALD LEEBERN

TRUSTEE

Board

0.5 hrs/wk

ELIZABETH A TERRELL

VICE CHAIR

Board

1 hrs/wk

Grants received

Showing 44 of 44

FromAmountPurposeYear
$1M
DFCS QUALIFIED FOSTER CHILD SUPPORT ORGANIZATION
2024
$100K
UNRESTRICTED GENERAL SUPPORT
2024
$100K
GIVING AND GENEROSITY
2024
$3K
PROVIDE FUNDS FOR A REACH SCHOLARSHIP FOR A BUTTS COUNTY STUDENT
2024
$250K
1 grant(s) for varying purposes
2023
$50K
GENERAL OPERATING
2023
$50K
UNRESTRICTED GENERAL SUPPORT
2023
$25K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2023
$11K
For grant recipient's exempt purposes
2023
$25K
TO FURTHER THE ORGANIZATION'S EXEMPT PURPOSE
2022
$18K
GENERAL SUPPORT
2022
$11K
For grant recipient's exempt purposes
2022
$25K
GENERAL SUPPORT
2021
$10K
For grant recipient's exempt purposes
2021
$10K
For grant recipient's exempt purposes
2021
$1.7M
TO SUPPORT FUTURE UNIVERSITY RESERVE AND REPLACEMENT PROJECTS
2020
$969K
To supoort future university reserve and replacement projects.
2020
$35K
FINANCIAL SUPPORT
2020
$26K
GENERAL SUPPORT
2020
$20K
SOCIAL SERVICES
2020
$10K
SUPPORT FOR CREATION OF A NEEDS-BASED SCHOLARSHIP
2020
$10K
For grant recipient's exempt purposes
2020
$3K
PROVIDE FUNDS FOR A REACH SCHOLARSHIP FOR A BUTTS COUNTY STUDENT
2020
$25K
GENERAL SUPPORT
2019
$24K
For grant recipient's exempt purposes
2019
$24K
GENERAL SUPPORT
2018
$6K
GENERAL SUPPORT
2018
$10K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$5.3M from 21 funders · 44 grants · 2017–2024

Georgia College & State University

$1.7M · 1 grant · 2020

Fostering Success Act Inc

$1M · 1 grant · 2024

Natl Christian Charitable Fdn Inc

$320K · 4 grants · 2022–2024

The University Financing Foundation Inc

$275K · 4 grants · 2020–2023

The Winston-Salem Foundation

$250K · 1 grant · 2023

Morgan Stanley Global Impact Funding Trust Inc

$150K · 2 grants · 2023–2024

Luluma Charitable Trust Xxxxx8009

$100K · 2 grants · 2022–2023

Details

EIN586333106
NTEE codeB12
Subsection03
Ruling date1997-04
Formed1995
Employees4
Volunteers30
UNIVERSITY SYSTEM OF GEORGIA FOUNDATION INC — Mission, Financials & Grants Received | Grantivo