Georgia Tech Foundation is a school foundation based in Atlanta, GA that was founded in 1932. As of 2018 they had $203 million in revenue and $2.1 billion in assets.
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.
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.
| Fiscal year ending | Date received by IRS | Form | PDF link |
|---|---|---|---|
| 2018-06 | Jun 19, 2019 | 990 | View PDF |
| 2017-06 | Jun 14, 2018 | 990 | View PDF |
| 2016-06 | Oct 4, 2017 | 990 | View PDF |
| 2015-06 | Aug 2, 2016 | 990 | View PDF |
| 2014-06 | Jul 15, 2015 | 990 | View PDF |
| ...and four more Form 990 PDFs | |||
| Field | 2018 |
|---|---|
| Total grants, contributions, etc. | $81,369,588 |
| Program services | $725,256 |
| Investment income and dividends | $28,668,027 |
| Tax-exempt bond proceeds | $0 |
| Royalty revenue | $709,106 |
| Net rental income | $7,672,872 |
| Net gain from sale of non-inventory assets | $84,238,458 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous revenues | $0 |
| Total revenues | $203,383,307 |
| Vendor | Services | Amount paid | Date |
|---|---|---|---|
| Drupal | Content management system software | 2020-06-16 | |
| █████████ | Content management system software | 2020-06-16 | |
| ████ ███ | Tax accounting | 2019-05-13 | |
| █████████ | It Services | $1,182,758 | 2018-06-01 |
| ████████ █████ | Investment Services | $522,813 | 2018-06-01 |
| ██████████ █████ ███████ | Investment Services | $387,244 | 2018-06-01 |
| ███████ █████ ██████████ | Investment Services | $596,527 | 2018-06-01 |
| ████ ██████████ | Construction | $434,970 | 2018-06-01 |
| Name | Title | Compensation | Most recent data |
|---|---|---|---|
| Al Trujillo | President and Chief Operating Officer | - | June 3, 2019 |
| James Taylor | Chief Investment Officer | $193,632 | June 30, 2018 |
| ████ █ ████ | Chief Financial Officer and Secretary | $214,294 | June 30, 2018 |
| ██████ ██████ | Chief Information Officer | $197,728 | June 30, 2018 |
| █████ ███████ | Chief of Staff | - | Sept. 23, 2020 |
| █████ ███████ | Interim Executive Vice President for Administration and Finance | - | July 17, 2019 |
| █████ █████████ | Vice President for Communications | - | July 17, 2019 |
| ███████ ██ ██████ | Vice President for Development | - | Sept. 23, 2020 |
| ████ ██ █████ | Vice President of Student Life, Dean of Students | - | July 17, 2019 |
| ███████ ██ ████████ | Executive Vice President for Research | - | July 17, 2019 |
| ...and nine more key personnel | |||