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: Verified by RoundPaper

FY 2023

Verified NonprofitLast Filed 2023EIN 58-6043294

Georgia Tech Foundation Inc

ATLANTA, GANTEE: B110Founded 1932Website

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Total Revenue

$282.8M

FY 2023

Program Spending

80.2%

of total expenses

Known Funders

325

2018–2025 filings

Key Metrics (FY 2023)

The Numbers

$3.3B

Total Assets

$2.8B net

209.57 mo

Operating Reserves

FY 2023

+18%

Revenue Growth

YoY

Total Employees

FY 2023

Funding Track Record

Backed by 325 Institutional Funders

$227.8M raised across 1035 grants · +$41.4M committed (2018–2025 filings)

Funder Geography

Funders across 39 states (2018–2025 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Southern Company Charitable Foundation Inc	ATLANTA, GA	$48,156,693 +$21,528,260 committed
Robert W Woodruff Foundation Inc	Atlanta, GA	$25,000,107 +$12,500,000 committed
Fidelity Investments Charitable Gift Fund	BOSTON, MA	$20,196,461
Natl Christian Charitable Fdn Inc	ALPHARETTA, GA	$16,299,452
Speedwell Foundation	Atlanta, GA	$11,310,325
The Community Foundation for Greater Atlanta Inc	ATLANTA, GA	$10,395,687
Donor Advised Charitable Giving Inc	SAN FRANCISCO, CA	$7,884,211
Clark Charitable Foundation Inc	BETHESDA, MD	$6,711,280
The Marcus Foundation Inc	ATLANTA, GA	$5,620,000
The University Financing Foundation Inc	MARIETTA, GA	$5,490,600 +$466,000 committed

Total tracked: $227,805,515 across 1035 grants · +$41,411,349 committed across 40 commitments (2018–2025 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2023)

What They Do

$65.1M in expenses

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.

$44.4M in expenses

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.

$2.9M in expenses

Alumni association: the foundation provides funding for the georgia tech alumni association, which provides programs for georgia tech alumni and students.

$14.0M in expenses

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.

Financial History