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Georgia Tech Foundation

Atlanta, GA · EIN 58-6043294 · 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

Georgia Tech Foundation reported $412.9 million in revenue and $208.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $83.88 went to program services, $13.74 to management and general costs and $2.38 to fundraising. Its largest source of revenue was contributions and grants: 57.2% of the total. The highest compensation it reported for one person was $1,662,871 (CHIEF INVESTMENT OFFICER). 19 people received more than $100,000 in reportable compensation. Revenue rose 214% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $208M

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 $413M

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)
83.9%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
13.7%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
2.4%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.02$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
57.2%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.2%69.9%
Highest reported compensation
Part VII-A, columns D–F
$1,662,871$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.80%1.28%
People paid over $100,000
Part VII, line 2
198
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
178.113.3
Independent voting board members
Part VI 1a–1b
52 of 53100.0%

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
$131M expenses · 74.8% of program spending · grants $124M · revenue $743K

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

$44M expenses · 25.2% of program spending · grants $44M

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

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
CHIEF INVESTMENT OFFICER
Key employee, 40.00 hrs/week
$1,627,553$0$35,318$1,662,871
PRESIDENT GA INSTITUTE OF TECHNOLOGY
Director/trustee, 1.00 hrs/week
$0$673,714$602,059$1,275,773
PRESIDENT & COO
Officer, 40.00 hrs/week
$724,023$0$62,849$786,872
DIRECTOR - PRIVATE INVESTMENTS
Highest compensated employee, 40.00 hrs/week
$616,568$0$73,064$689,632
MANAGING DIRECTOR - PUBLIC INVESTMENTS
Highest compensated employee, 40.00 hrs/week
$637,047$0$47,191$684,238
CFO & SECRETARY
Officer, 40.00 hrs/week
$394,836$0$64,313$459,149
PORTFOLIO SPECIALIST - GLOBAL EQUITIES
Highest compensated employee, 40.00 hrs/week
$267,600$0$35,733$303,333
CHIEF INFORMATION OFFICER
Key employee, 40.00 hrs/week
$256,279$0$43,135$299,414

19 people received more than $100,000 in reportable compensation from Georgia Tech Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.1M (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
$0$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$413M$208M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$413M$208M83.9%$3.09B$1,662,871
FY2024 ⓘ$283M$158M80.2%$2.75B$1,554,550
FY2023 ⓘ$239M$154M79.7%$2.53B$1,374,461
FY2022 ⓘ$284M$118M74.8%$2.45B$1,444,500
FY2021 ⓘ$246M$100M83.4%$2.49B$1,413,500
FY2020 ⓘ$132M$94M85.4%$1.80B$782,613

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–1b53 · 52 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14No
  • 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 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 554
  • Volunteers Part I, line 6150

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
IDEAS UNITED LLC
Marketing
$819,500
BLACKBAUD INC
Software
$393,789
GIVECAMPUS
Software
$390,488
IFOLIO LLC
Software
$356,400

Individuals listed as contractors are left out. 25 contractors were paid more than $100,000 in all.

Private foundation grants it received

86 private foundations reported grants to Georgia Tech Foundation totaling $31M 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 Georgia Tech 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 Georgia Tech 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 Georgia Tech Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Georgia Tech Foundation reported that 83.9% of its $208.3 million in expenses went to program services, 13.7% to management and general and 2.4% to fundraising (Form 990, Part IX).

How much does Georgia Tech Foundation pay its top executive?

The largest total compensation Georgia Tech Foundation reported for one person in the fiscal year ending June 30, 2025 was $1,662,871, for the role of CHIEF INVESTMENT OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Georgia Tech Foundation get its money?

Of $412.9 million in revenue in the fiscal year ending June 30, 2025, 57.2% came from contributions and grants and 0.2% from program service revenue (Form 990, Part VIII).

Is Georgia Tech Foundation a registered charity?

The IRS lists EIN 58-6043294 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 202631349349304503 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511349349304466 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441369349306949 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301329349309280 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221329349306717 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111339349304016 · read the filing

All filings for EIN 58-6043294: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.