EIN 58-6043294

Georgia Tech Foundation

IRS 501(c) type
501(c)(3)
Num. employees
47
State
Year formed
1932
Most recent tax filings
2023-06-01
Description
It is the mission of the Georgia Tech Foundation, its Board of Trustees, officers and staff to foster and manage gifts given in support of academic excellence in the spirit and traditions of the Georgia Institute of Technology.
Total revenues
$238,958,217
2023
Total expenses
$154,131,742
2023
Total assets
$3,107,757,706
2023
Num. employees
47
2023

Program areas at Georgia Tech Foundation

Academic and research program support: the Foundation provides support for many academic programs and some research programs at Georgia Tech. This funding includes faculty support through endowed chairs and professorships, curriculum development, faculty grants, library support and renovation and construction of facilities.
Alumni association: the Foundation provides funding for the Georgia Tech alumni association, which provides programs for Georgia Tech alumni and students.
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 needy students and the Georgia Tech president's scholarship program, which is a scholarship program for students with exceptional merit.
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.

Grants made by Georgia Tech Foundation

GranteeGrant descriptionAmount
Georgia Institute of TechnologyScholarships, Fellowships$97,218,459
Georgia Tech Athletic AssociationScholarships$13,500,000
Georgia Tech Alumni AssociationAlumni Association$2,789,325
...and 2 more grants made

Who funds Georgia Tech Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Robert W. Woodruff FoundationPhase Iii Construction of Tech Square.$12,500,047
Schwab Charitable FundEducation$2,703,498
National Christian Foundation / Natl Christian Charitable FDN IncSupport$2,115,302
...and 187 more grants received totalling $35,548,173

Personnel at Georgia Tech Foundation

NameTitleCompensation
Alfredo TrujilloPresident and Chief Operating Officer$624,400
Cindy PekrulChief Financial Officer and Secretary
Leo HowellInterim Vice President for Information Technology and Chief Information Officer
Frank NevilleSenior Vice President for Strategic Initiatives and Chief of Staff
Skye DuckettVice President and Chief Human Resources
...and 23 more key personnel

Financials for Georgia Tech Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$120,666,538
Program services$698,475
Investment income and dividends$22,770,789
Tax-exempt bond proceeds$0
Royalty revenue$941,055
Net rental income$6,724,827
Net gain from sale of non-inventory assets$87,156,533
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$238,958,217

Form 990s for Georgia Tech Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-15990View PDF
2022-062023-05-12990View PDF
2021-062022-05-12990View PDF
2020-062021-05-18990View PDF
2019-062021-01-28990View PDF
...and 9 more Form 990s

Organizations like Georgia Tech Foundation

OrganizationLocationRevenue
Wisconsin Foundation and Alumni Association (UWF)Madison, WI$490,458,457
Philadelphia Foundation (PF)Philadelphia, PA$80,318,312
New Hampshire Charitable FoundationConcord, NH$65,087,484
University of Illinois FoundationChampaign, IL$450,262,389
University of Arizona FoundationTucson, AZ$221,291,216
Clemson University FoundationClemson, SC$75,039,646
Arkansas Community FoundationLittle Rock, AR$82,995,729
San Antonio Area FoundationSan Antonio, TX$68,911,493
The Rhode Island FoundationProvidence, RI$94,559,880
The San Diego FoundationSan Diego, CA$268,696,192
Data update history
August 26, 2024
Received grants
Identified 51 new grant, including a grant for $12,500,047 from Robert W. Woodruff Foundation
August 1, 2024
Updated personnel
Identified 8 new personnel
July 15, 2024
Posted financials
Added Form 990 for fiscal year 2023
July 12, 2024
Used new vendors
Identified 3 new vendors, including , , and
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $30,000 from Jewish Communal Fund
Nonprofit Types
Grantmaking organizationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Political advocacyProvides grantsLobbyingOperates internationallyState / local levelEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
760 Spring St NW Ste 400
Atlanta, GA 30308
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
Fulton County, GA
Website URL
gtf.gatech.edu/ 
Phone
(404) 894-5072
Facebook page
GatechSF 
IRS details
EIN
58-6043294
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1932
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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