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
Who funds Georgia Tech Foundation
Grants from foundations and other nonprofits
Personnel at Georgia Tech Foundation
| Name | Title | Compensation | Date of data |
|---|
| Alfredo Trujillo | President and Chief Operating Officer | $618,055 | 2022-06-30 |
| Brian Pellegrino | Chief Investment Officer | $1,414,664 | 2022-06-30 |
| Mark Delorenzo | Chief Financial Officer and Secretary | $332,895 | 2023-05-12 |
| Leo Howell | Interim Vice President for Information Technology and Chief Information Officer | | 2024-04-23 |
| Frank Neville | Senior Vice President for Strategic Initiatives and Chief of Staff | | 2023-01-23 |
| ...and 22 more key personnel |
Financials for Georgia Tech Foundation
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $120,666,538 | $100,942,019 | 19.5% |
| Program services | $698,475 | $773,490 | -9.7% |
| Investment income and dividends | $22,770,789 | $26,445,817 | -13.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $941,055 | $750,304 | 25.4% |
| Net rental income | $6,724,827 | $4,056,147 | 65.8% |
| Net gain from sale of non-inventory assets | $87,156,533 | $150,916,731 | -42.2% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $238,958,217 | $283,884,508 | -15.8% |
Organizations like Georgia Tech Foundation
| Organization | Type | Location | Revenue |
|---|
| Clemson University Foundation | 501(c)(3) | Clemson, SC | $75,039,646 |
| Philadelphia Foundation (PF) | 501(c)(3) | Philadelphia, PA | $80,318,312 |
| New Hampshire Charitable Foundation | 501(c)(3) | Concord, NH | $65,087,484 |
| University of Illinois Foundation | 501(c)(3) | Champaign, IL | $450,262,389 |
| University of Arizona Foundation | 501(c)(3) | Tucson, AZ | $221,291,216 |
| Arkansas Community Foundation | 501(c)(3) | Little Rock, AR | $82,995,729 |
| San Antonio Area Foundation | 501(c)(3) | San Antonio, TX | $68,911,493 |
| The San Diego Foundation | 501(c)(3) | San Diego, CA | $268,696,192 |
| The Rhode Island Foundation | 501(c)(3) | Providence, RI | $94,559,880 |
| Saint Paul and Minnesota Foundation | 501(c)(3) | Saint Paul, MN | $122,971,818 |
Data update history
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 April 23, 2024
Updated personnel
Identified 6 new personnel
January 3, 2024
Received grants
Nonprofit Types
Grantmaking organizationsSchoolsCharities
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/Â
- Phone
- (404) 894-5072
- Facebook page
- GatechSFÂ
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
- Independent
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