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Medical College of Georgia Foundation

Augusta, GA · EIN 58-0706796 · 501(c)(3) · Organization operated for a governmental college or university
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Medical College of Georgia Foundation reported $28.3 million in revenue and $14.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $76.88 went to program services, $16.94 to management and general costs and $6.18 to fundraising. Its largest source of revenue was contributions and grants: 74.5% of the total. The highest compensation it reported for one person was $390,968 (PRESIDENT/CEO). 5 people received more than $100,000 in reportable compensation. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $15M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $28M

Other revenue was negative: −$182K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
76.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
16.9%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
6.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
74.5%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.8%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$390,968$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.62%1.28%
People paid over $100,000
Part VII, line 2
58
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
333.213.3
Independent voting board members
Part VI 1a–1b
23 of 23100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$11M expenses · 100.0% of program spending · grants $11M

The foundation serves the needs and interests of the Medical College of Georgia, the augusta university health sciences campus and the augusta university health system. The foundation receives and administers funds for the support and enhancement of the Medical College of Georgia, the augusta university health sciences campus and the augusta university health system, and manages investments and distributed funds in accordance with donor instructions and board of director's intentions for gifts. The foundation provides support for faculty chairs, research in the health sciences fields…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Officer, 40.00 hrs/week
$306,740$0$84,228$390,968
PACELINE PRESIDENT
Officer, 40.00 hrs/week
$198,000$0$33,573$231,573
COO/CFO
Officer, 40.00 hrs/week
$175,440$0$32,025$207,465
PACELINE VICE PRESIDENT
Officer, 40.00 hrs/week
$119,900$0$30,342$150,242
DIRECTORY IT
Officer, 40.00 hrs/week
$114,800$0$25,063$139,863

5 people received more than $100,000 in reportable compensation from Medical College of Georgia Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $890K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
−$11M−$1.1M$8.9M$19M$29MFY2020FY2021FY2022FY2023FY2024FY2025$28M$15M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$28M$15M76.9%$414M$390,968
FY2024 ⓘ$18M$14M80.7%$366M$390,968
FY2023 ⓘ$16M$13M75.9%$332M$334,299
FY2022 ⓘ$14M$12M80.2%$307M$257,280
FY2021 ⓘ$13M$11M77.6%$338M$292,751
FY2020 ⓘ−$11M$10M78.9%$261M$292,502

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b23 · 23 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 515
  • Volunteers Part I, line 625

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
PARLAY MARKETING PARTNERS
Marketing consulting
$180,000
AG LAWN SERVICES
Property maintenance
$108,046

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to Medical College of Georgia Foundation totaling $1.0M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Medical College of Georgia Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Medical College of Georgia Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Georgia

Questions people ask

How much of Medical College of Georgia Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Medical College of Georgia Foundation reported that 76.9% of its $14.9 million in expenses went to program services, 16.9% to management and general and 6.2% to fundraising (Form 990, Part IX).

How much does Medical College of Georgia Foundation pay its top executive?

The largest total compensation Medical College of Georgia Foundation reported for one person in the fiscal year ending June 30, 2025 was $390,968, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Medical College of Georgia Foundation get its money?

Of $28.3 million in revenue in the fiscal year ending June 30, 2025, 74.5% came from contributions and grants (including 0.8% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).

Is Medical College of Georgia Foundation a registered charity?

The IRS lists EIN 58-0706796 as a 501(c)(3) organization (organization operated for a governmental college or university), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631279349301653 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531299349302573 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202440959349300134 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321029349301852 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202230499349300418 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202141319349303854 · read the filing

All filings for EIN 58-0706796: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.