Program areas at University System of Georgia Foundation
Real estate support: the usg Foundation, in partnership with the University System of Georgia board of regents, facilitates financing of capital improvement projects and new facilities at usg institutions. We provide below-market lease terms to finance construction, renovation, or expansion of facilities. Usg Foundation also provides refinancing of existing debt through tax-exempt bond financing. These partnerships result in reduced student fees, increased building efficiencies, and enhanced risk management for institutions across our portfolio.
The usg Foundation is committed to strengthening public institutions of higher learning across Georgia. Through capacity building grants and professional development opportunities, the Foundation bolsters the efforts of institutions and programs to improve their efficiency, increase their impact, and plan for the future.
Scholarships and awards: usg Foundation provides scholarship funds to all usg institutions so that they can offer needs-based scholarships to qualified students. Additionally, the usg Foundation annually provides monetary awards to outstanding faculty selected by the usg department of academic affairs.
Grants made by University System of Georgia Foundation
Who funds University System of Georgia Foundation
Grants from foundations and other nonprofits
Personnel at University System of Georgia Foundation
| Name | Title | Compensation | Date of data |
|---|
| Christina L Paloski | Assistant Vice Chan for Development | $115,974 | 2024-04-01 |
| Teddy Russell | Chair | $0 | 2023-06-30 |
| Cade Joiner | Vice Chair | $0 | 2023-06-30 |
| Elizabeth A Terrell | Secretary | $0 | 2023-06-30 |
| Neil L Pruitt | President Usgref Manager | $0 | 2023-06-30 |
| ...and 9 more key personnel |
Financials for University System of Georgia Foundation
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $3,090,447 | $1,889,730 | 63.5% |
| Program services | $28,726,496 | $25,401,555 | 13.1% |
| Investment income and dividends | $1,603,119 | $146,399 | 995% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-10,368 | $431,982 | -102.4% |
| Net income from fundraising events | $-35,554 | $-59,113 | 39.9% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $306 | $34 | 800% |
| Total revenues | $33,374,446 | $27,810,587 | 20% |
Organizations like University System of Georgia Foundation
| Organization | Type | Location | Revenue |
|---|
| Florida State College at Jacksonville Foundation | 501(c)(3) | Jacksonville, FL | $11,858,819 |
| The Uw - Platteville Foundation | 501(c)(3) | Platteville, WI | $9,230,219 |
| Pittsburg State University Foundation | 501(c)(3) | Pittsburg, KS | $10,071,570 |
| University of Memphis Foundation | 501(c)(3) | Memphis, TN | $47,641,079 |
| University of Wisconsin Stevens Point Foundation | 501(c)(3) | Stevens Point, WI | $11,397,782 |
| Binghamton University Foundation | 501(c)(3) | Binghamton, NY | $82,839,756 |
| Georgia Goal Scholarship Program (GGSP) | 501(c)(3) | Peachtree Corners, GA | $69,730,186 |
| CAMC Foundation | 501(c)(3) | Charleston, WV | $13,317,608 |
| University of Northern Colorado Foundation | 501(c)(3) | Greeley, CO | $14,422,865 |
| Columbus State University Foundation | 501(c)(3) | Columbus, GA | $10,467,549 |
Data update history
May 21, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 20, 2024
Updated personnel
Identified 3 new personnel
May 18, 2024
Received grants
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsCorporate foundationsSchoolsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Fundraising eventsState / local levelEndowed supportGala fundraisersTax deductible donationsAccepts online donations
General information
- Address
- 270 Washington St SW 7002
- Atlanta, GA 30334
- Metro area
- Atlanta-Sandy Springs-Alpharetta, GA
- County
- Fulton County, GA
- Website URL
- usgfoundation.org/Â
IRS details
- EIN
- 58-6333106
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1995
- 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
California AB-488 details
- AB 488 status
- May Operate or Solicit for Charitable Purposes
- Charity Registration status
- Current - Awaiting Reporting
- FTB status revoked
- Not revoked
- AG Registration Number
- CT0264181
- FTB Entity ID
- None yet
- AB 488 data last updated ("as-of") date
- 2025-01-15
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