STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

GEORGIA TECH FOUNDATION INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GEORGIA TECH FOUNDATION INC (EIN 58-6043294)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-05-14
IRS object ID
202511349349304466
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T10:24:08-05:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 W 5TH STREET SUITE 800AddressLine1Txt
CityWINSTONSALEMCityNm
State AbbreviationNCStateAbbreviationCd
ZIP27101ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN586043294EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GEORGIA TECH FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGEORBusinessNameControlTxt
Phone4048945072PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1760 SPRING ST NW STE 400AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30308ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCYNTHIA PEKRULPersonNm
Person TitleCFO/SECRETARYPersonTitleTxt
Phone4048945072PhoneNum
Signature2025-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSHAWN HUTCHINSONPreparerPersonNm
PTINP01048557PTIN
Phone3362753394PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCYNTHIA PEKRULPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1760 SPRING ST NW STE 400AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30308ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$1,241,885,651GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GTF.GATECH.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1932FormationYr
Legal Domicile StateGALegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body54VotingMembersGoverningBodyCnt
Voting Members Independent53VotingMembersIndependentCnt
Total Employee52TotalEmployeeCnt
Total Volunteers150TotalVolunteersCnt
Total Gross UBI$6,943,292TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$1,403,670NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$120,666,538PYContributionsGrantsAmt
CY Contributions Grants$136,026,820CYContributionsGrantsAmt
PY Program Service Revenue$698,475PYProgramServiceRevenueAmt
CY Program Service Revenue$695,909CYProgramServiceRevenueAmt
PY Investment Income$109,927,322PYInvestmentIncomeAmt
CY Investment Income$141,442,657CYInvestmentIncomeAmt
PY Other Revenue$7,665,882PYOtherRevenueAmt
CY Other Revenue$4,682,465CYOtherRevenueAmt
PY Total Revenue$238,958,217PYTotalRevenueAmt
CY Total Revenue$282,847,851CYTotalRevenueAmt
PY Grants And Similar Paid$114,336,517PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$119,030,932CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$8,344,720PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$8,923,819CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$6,355,794CYTotalFundraisingExpenseAmt
PY Other Expenses$31,450,505PYOtherExpensesAmt
CY Other Expenses$29,575,556CYOtherExpensesAmt
PY Total Expenses$154,131,742PYTotalExpensesAmt
CY Total Expenses$157,530,307CYTotalExpensesAmt
PY Revenues Less Expenses$84,826,475PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$125,317,544CYRevenuesLessExpensesAmt
Total Assets BOY$3,107,757,706TotalAssetsBOYAmt
Total Assets EOY$3,315,225,486TotalAssetsEOYAmt
Total Liabilities BOY$577,359,353TotalLiabilitiesBOYAmt
Total Liabilities EOY$564,118,831TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,530,398,353NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$2,751,106,655NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$65,099,552ExpenseAmt
Grant$65,099,552GrantAmt
Revenue$695,909RevenueAmt
DescACADEMIC 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.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$44,409,770ExpenseAmt
Grant$44,409,770GrantAmt
DescSCHOLARSHIPS 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.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$2,886,950ExpenseAmt
Grant$2,886,950GrantAmt
DescALUMNI ASSOCIATION: THE FOUNDATION PROVIDES FUNDING FOR THE GEORGIA TECH ALUMNI ASSOCIATION, WHICH PROVIDES PROGRAMS FOR GEORGIA TECH ALUMNI AND STUDENTS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

FieldValueIRS element (for citing)
Expense$14,004,580ExpenseAmt
Grant$6,634,660GrantAmt
DescOTHER 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.Desc
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$14,004,580TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$6,634,660TotalOtherProgSrvcGrantAmt
Total Program Service Expenses$126,400,852TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document49IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee52EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members54GoverningBodyVotingMembersCnt
Independent Voting Member53IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CYNTHIA PEKRULBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone4048945072PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1760 SPRING ST NW STE 400AddressLine1Txt
CityATLANTACityNm
State AbbreviationGAStateAbbreviationCd
ZIP30308ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (64 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
DR ANGEL CABRERA
PRESIDENT GA INSTITUTE OF TECHNOLOGY1.0040.00Yes (X)$0$668,345$612,268
GREGORY J OWENS
PAST CHAIR1.001.00Yes (X)$0$0$0Yes (X)
TOMMY M HOLDER
CHAIR1.001.00Yes (X)$0$0$0Yes (X)
JAMES R BORDERS
VICE CHAIR - CHAIR ELECT1.001.00Yes (X)$0$0$0Yes (X)
KELLY H BARRETT
TREASURER1.001.00Yes (X)$0$0$0Yes (X)
RODNEY C ADKINS
TRUSTEE1.000.00Yes (X)$0$0$0
MICHAEL K ANDERSON
TRUSTEE1.000.00Yes (X)$0$0$0
LAURIE D BAGLEY
TRUSTEE1.000.00Yes (X)$0$0$0
BIRD D BLITCH
TRUSTEE1.000.00Yes (X)$0$0$0
DAVID A BOTTOMS
TRUSTEE1.000.00Yes (X)$0$0$0
BETSY BULAT
TRUSTEE1.000.00Yes (X)$0$0$0
FRANCES L CASHMAN
TRUSTEE1.000.00Yes (X)$0$0$0
THEODORE COLBERT III
TRUSTEE1.000.00Yes (X)$0$0$0
KARL F DASHER
TRUSTEE1.000.00Yes (X)$0$0$0
MARIO M DE LA GUARDIA JR
TRUSTEE1.000.00Yes (X)$0$0$0
STEPHEN M DEEDY
TRUSTEE1.000.00Yes (X)$0$0$0
WALTER G EHMER
TRUSTEE1.000.00Yes (X)$0$0$0
JAMES O ETHEREDGE
TRUSTEE1.000.00Yes (X)$0$0$0
D FORT FLOWERS JR
TRUSTEE1.000.00Yes (X)$0$0$0
J LOUIS FOUTS
TRUSTEE1.000.00Yes (X)$0$0$0
SHELDON J FOX
TRUSTEE1.000.00Yes (X)$0$0$0
LANCE M FRITZ
TRUSTEE1.000.00Yes (X)$0$0$0
MARY A GORDON
TRUSTEE1.000.00Yes (X)$0$0$0
THOMAS N HERRINGTON JR
TRUSTEE1.000.00Yes (X)$0$0$0
LARA O HODGSON
TRUSTEE1.000.00Yes (X)$0$0$0
MICHELLE E JARRARD
TRUSTEE1.000.00Yes (X)$0$0$0
ELAINE H JOHNS
TRUSTEE1.000.00Yes (X)$0$0$0
CHRISTOPHER T JONES
TRUSTEE1.000.00Yes (X)$0$0$0
CHRISTOPHER W KLAUS
TRUSTEE1.000.00Yes (X)$0$0$0
ANDREA L LALIBERTE
TRUSTEE1.000.00Yes (X)$0$0$0
WONYA Y LUCAS
TRUSTEE1.000.00Yes (X)$0$0$0
MICHELLE D MASON
TRUSTEE1.000.00Yes (X)$0$0$0
JOHN M MCKENNEY
TRUSTEE1.000.00Yes (X)$0$0$0
ROBERT A MILTON
TRUSTEE1.000.00Yes (X)$0$0$0
THOMAS E NOONAN
TRUSTEE1.000.00Yes (X)$0$0$0
BRADY L RACKLEY III
TRUSTEE1.000.00Yes (X)$0$0$0
MAGD M RIAD
TRUSTEE1.000.00Yes (X)$0$0$0
FRANCES G ROGERS
TRUSTEE1.000.00Yes (X)$0$0$0
DAVID P ROWLAND
TRUSTEE1.000.00Yes (X)$0$0$0
RICARDO SALGADO
TRUSTEE1.000.00Yes (X)$0$0$0
RONDA R SIDES
TRUSTEE1.000.00Yes (X)$0$0$0
TERESA M SMITH
TRUSTEE1.000.00Yes (X)$0$0$0
JOCELYN M STARGEL
TRUSTEE1.000.00Yes (X)$0$0$0
ROBERT N STARGEL JR
TRUSTEE1.000.00Yes (X)$0$0$0
JEB M STEWART
TRUSTEE1.000.00Yes (X)$0$0$0
WENDI C STURGIS
TRUSTEE1.000.00Yes (X)$0$0$0
BENJAMIN J TARBUTTON III
TRUSTEE1.000.00Yes (X)$0$0$0
MARK C TEIXEIRA
TRUSTEE1.001.00Yes (X)$0$0$0
KAREN C THURMAN
TRUSTEE1.000.00Yes (X)$0$0$0
ALAN C WARREN
TRUSTEE1.000.00Yes (X)$0$0$0
JOHN R WELLS
TRUSTEE1.000.00Yes (X)$0$0$0
JOHN A WHITE III
TRUSTEE1.000.00Yes (X)$0$0$0
GLENN T WRIGHT
TRUSTEE1.000.00Yes (X)$0$0$0
S BRENT ZELNAK
TRUSTEE1.000.00Yes (X)$0$0$0
ALFREDO TRUJILLO
PRESIDENT & COO40.001.00$696,256$0$59,733Yes (X)
MARK DELORENZO
CFO & SECRETARY40.001.00$247,303$0$40,064Yes (X)
CYNTHIA PEKRUL
CFO & SECRETARY40.001.00$39,933$0$6,248Yes (X)
BRIAN PELLEGRINO
CHIEF INVESTMENT OFFICER40.000.00$1,520,778$0$33,772Yes (X)
DWIGHT DOZIER
CHIEF INFORMATION OFFICER40.000.00$240,702$0$40,976Yes (X)
LU YAN
MANAGING DIRECTOR - PUBLIC INVESTMENTS40.000.00$582,398$0$45,418Yes (X)
PATRICK LIU
DIRECTOR - PRIVATE INVESTMENTS40.000.00$543,594$0$66,210Yes (X)
ROBERT THOMPSON
INVESTMENT OFFICER40.000.00$225,556$0$25,777Yes (X)
JOHN CRIST
PORTFOLIO SPECIALIST - GLOBAL EQUITIES40.000.00$228,265$0$25,730Yes (X)
CHRIS SETZER
CONTROLLER40.000.00$180,731$0$58,709Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,505,516TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$668,345TotReportableCompRltdOrgAmt
Total Other Compensation$1,014,905TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K20IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GAY CONSTRUCTION COMPANY
PO BOX 723657ATLANTAGA31139CONSTRUCTION SERVICES$2,604,310
IDEAS UNITED LLC
750 GLENWOOD AVE SE STE 330ATLANTAGA30316MARKETING$582,975
HITT CONTRACTING
PO BOX 3772BALTIMOREMD21297DESIGN & CONSTRUCTIONS$451,033
BLACKBAUD INC
65 FAIRCHILD STREETCHARLESTONSC29492SOFTWARE$422,325
KPMG LLP
PO BOX 120608DALLASTX75312AUDIT & TAX$399,313
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K21CntrctRcvdGreaterThan100KCnt
All Other Contributions$136,026,820AllOtherContributionsAmt
Noncash Contributions$26,118,316NoncashContributionsAmt
Total Contributions$136,026,820TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INVESTMENT FEE INCOME900099$688,331$688,331
COST RECOVERIES900099$7,578$7,578
FieldValueIRS element (for citing)
Total Program Service Revenue$695,909TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$32,023,165TotalRevenueColumnAmt
Unrelated Business Revenue$4,451,936UnrelatedBusinessRevenueAmt
Exclusion$27,571,229ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$917,630TotalRevenueColumnAmt
Exclusion$917,630ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$22,475,699RealAmt
Personal$15,516,428PersonalAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$21,202,220RealAmt
Personal$13,025,072PersonalAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$1,273,479RealAmt
Personal$2,491,356PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,764,835TotalRevenueColumnAmt
Unrelated Business Revenue$2,491,356UnrelatedBusinessRevenueAmt
Exclusion$1,273,479ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,034,230,000SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$924,810,508SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$109,419,492SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$109,419,492TotalRevenueColumnAmt
Exclusion$109,419,492ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$282,847,851TotalRevenueColumnAmt
Related Or Exempt Func Income$695,909RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$6,943,292UnrelatedBusinessRevenueAmt
Exclusion$139,181,830ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$119,030,932TotalAmt
Program Services$119,030,932ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,807,181TotalAmt
Management And General$2,807,181ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,753,140TotalAmt
Management And General$4,753,140ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$453,390TotalAmt
Management And General$453,390ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$555,462TotalAmt
Management And General$555,462ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$354,646TotalAmt
Management And General$354,646ManagementAndGeneralAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$191,443TotalAmt
Management And General$191,443ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$382,738TotalAmt
Program Services$28,036ProgramServicesAmt
Management And General$354,702ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$392,511TotalAmt
Management And General$392,511ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$76,492TotalAmt
Program Services$76,492ProgramServicesAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$12,005,711TotalAmt
Management And General$12,005,711ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,138,101TotalAmt
Program Services$595,380ProgramServicesAmt
Management And General$1,456,721ManagementAndGeneralAmt
Fundraising$86,000FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,435,641TotalAmt
Program Services$50,144ProgramServicesAmt
Management And General$291,990ManagementAndGeneralAmt
Fundraising$1,093,507FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$17,929TotalAmt
Management And General$17,929ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$134,567TotalAmt
Program Services$3,479ProgramServicesAmt
Management And General$131,088ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$5,428,636TotalAmt
Program Services$3,731,247ProgramServicesAmt
Management And General$399,189ManagementAndGeneralAmt
Fundraising$1,298,200FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$2,500,882TotalAmt
Program Services$2,500,882ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$315,564TotalAmt
Program Services$258,978ProgramServicesAmt
Management And General$56,586ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$125,282TotalAmt
Program Services$125,282ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
REIMBURSEMENT TO GT$3,862,214-$15,873$3,878,087
MISCELLANEOUS$306,791$306,791
INCOME TAXES$150,000$150,000
MAINTENANCE/REPAIRS$111,054$111,054

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$157,530,307TotalAmt
Program Services$126,400,852ProgramServicesAmt
Management And General$24,773,661ManagementAndGeneralAmt
Fundraising$6,355,794FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$19,589,282BOYAmt
EOY$19,949,536EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$106,408,352BOYAmt
EOY$138,891,356EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$23,124,646BOYAmt
EOY$25,320,774EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$1,300,413BOYAmt
EOY$975,389EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$261,112,132LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$38,539,933LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$226,206,270BOYAmt
EOY$222,572,199EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$139,645,347BOYAmt
EOY$171,795,790EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$2,459,166,854BOYAmt
EOY$2,605,448,320EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$132,316,542BOYAmt
EOY$130,272,122EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,107,757,706BOYAmt
EOY$3,315,225,486EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$34,888,607BOYAmt
EOY$34,139,000EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$8,966,764BOYAmt
EOY$7,149,495EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$80,033,788BOYAmt
EOY$71,807,074EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$258,409,487BOYAmt
EOY$251,396,688EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$195,060,707BOYAmt
EOY$199,626,574EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$577,359,353BOYAmt
EOY$564,118,831EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$362,020,019BOYAmt
EOY$408,771,996EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,168,378,334BOYAmt
EOY$2,342,334,659EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,530,398,353BOYAmt
EOY$2,751,106,655EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,107,757,706BOYAmt
EOY$3,315,225,486EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$125,317,544ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$93,547,299NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1,843,459OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$71,925,865CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$100,715,385CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$100,942,019CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$120,662,585CurrentTaxYearMinus1YearAmt
Current Tax Year$136,026,820CurrentTaxYearAmt
Total$530,272,674TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$71,925,865CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$100,715,385CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$100,942,019CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$120,662,585CurrentTaxYearMinus1YearAmt
Current Tax Year$136,026,820CurrentTaxYearAmt
Total$530,272,674TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$60,956,423SubstantialContributorsTotAmt
Public Support Total170$469,316,251PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$43,923,867CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$58,660,296CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$56,150,003CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$42,869,856CurrentTaxYearMinus1YearAmt
Current Tax Year$51,660,467CurrentTaxYearAmt
Total$253,264,489TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus1 Year$381,002CurrentTaxYearMinus1YearAmt
Current Tax Year$1,403,670CurrentTaxYearAmt
Total$1,784,672TotalAmt
FieldValueIRS element (for citing)
Total Support$785,321,835TotalSupportAmt
Gross Receipts Rltd Activities$3,410,094GrossReceiptsRltdActivitiesAmt
Public Support CY1700.59760PublicSupportCY170Pct
Public Support PY1700.57530PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$76,492DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$76,492TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationLOBBYING EXPENDITURES LOBBYING EXPENSES ARE PAID BY THE GEORGIA TECH FOUNDATION AT THE REQUEST OF THE GEORGIA INSTITUTE OF TECHNOLOGY (GEORGIA TECH) FOR GEORGIA TECH'S ADVOCACY OF HIGHER EDUCATION HIGHLIGHTING GEORGIA TECH'S LEGISLATIVE PRIORITIES. EXPENSES INCLUDE PAYMENTS FOR GOODS AND SERVICES UTILIZED IN THE HOSTING OF MEETINGS, CAMPUS VISITS, CAMPUS ATHLETIC EVENTS, AND PROMOTIONAL ITEMS WITH THE GEORGIA TECH LOGO.ExplanationTxt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Assets Included$3,697,712AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,976,738,702BeginningYearBalanceAmt
Contributions$46,111,754ContributionsAmt
Investment Earnings Or Losses$173,132,055InvestmentEarningsOrLossesAmt
Other Expenditures$78,362,195OtherExpendituresAmt
End Year Balance$2,117,620,316EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,949,286,073BeginningYearBalanceAmt
Contributions$33,982,848ContributionsAmt
Investment Earnings Or Losses$72,872,813InvestmentEarningsOrLossesAmt
Other Expenditures$79,403,032OtherExpendituresAmt
End Year Balance$1,976,738,702EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$2,016,500,946BeginningYearBalanceAmt
Contributions$43,225,310ContributionsAmt
Investment Earnings Or Losses-$40,757,075InvestmentEarningsOrLossesAmt
Other Expenditures$69,683,108OtherExpendituresAmt
End Year Balance$1,949,286,073EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,461,135,121BeginningYearBalanceAmt
Contributions$59,768,038ContributionsAmt
Investment Earnings Or Losses$560,190,809InvestmentEarningsOrLossesAmt
Other Expenditures$64,593,022OtherExpendituresAmt
End Year Balance$2,016,500,946EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,455,035,486BeginningYearBalanceAmt
Contributions$42,942,092ContributionsAmt
Investment Earnings Or Losses$23,892,792InvestmentEarningsOrLossesAmt
Other Expenditures$60,735,249OtherExpendituresAmt
End Year Balance$1,461,135,121EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.06700BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.44500PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.48800TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$71,548,299OtherCostOrOtherBasisAmt
Book Value$71,548,299BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$77,700,000InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$93,693,688OtherCostOrOtherBasisAmt
Depreciation$37,702,225DepreciationAmt
Book Value$133,691,463BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$17,114,514OtherCostOrOtherBasisAmt
Depreciation$837,708DepreciationAmt
Book Value$16,276,806BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,055,631OtherCostOrOtherBasisAmt
Book Value$1,055,631BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$222,572,199TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
MANAGED PERPETUAL TRUSTS$817,444F
CHARITABLE GIFT ANNUITY$17,304,540F
INVESTMENT POOL FUNDS$2,586,597,662F
CREATE-X INVESTMENTS$728,674F
FieldValueIRS element (for citing)
Total Book Value Securities$2,605,448,320TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
PAYABLE/GUARANTEE TO AFFILIATE$166,987,301
LIFE INCOME INTEREST$22,449,273
LINES OF CREDIT$10,190,000
FieldValueIRS element (for citing)
Total Liability$199,626,574TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:ART COLLECTION VARIOUS SCULPTURES AND PAINTINGS AS PLACED ACROSS GEORGIA TECH'S CAMPUS FOR CAMPUS BEAUTIFICATION AND FOR ENHANCEMENT OF THE STUDENTS' LEARNING EXPERIENCE.
PART V, LINE 4:ENDOWMENT FUNDS INCOME EARNED ON ENDOWMENTS IS USED TO SUPPORT GEORGIA INSTITUTE OF TECHNOLOGY. THE INCOME FROM THE ENDOWMENT IS MOSTLY RESTRICTED TO CERTAIN PURPOSES BY THE DONORS. THE USES INCLUDE: STUDENT SUPPORT IN THE FORM OF SCHOLARSHIPS, FELLOWSHIPS (LOAN FUNDS TO MEET THEIR EDUCATIONAL EXPENSES), GRADUATE SUPPORT, AS WELL AS SUPPORT OF FACULTY IN THEIR TEACHING AND RESEARCH PROGRAMS. THE ENDOWMENT SUPPORTS EACH OF THE SEVEN COLLEGES AND MANY PROGRAMS, INCLUDING THE LIBRARY, LECTURES, FACULTY RECRUITMENT, AND PROGRAM CURRICULUM DEVELOPMENT, AND FOR THE RENOVATION OF FACILITIES AND LABORATORIES.
PART X, LINE 2:FIN 48 (ASC 740) FOOTNOTE THE FOUNDATION DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX POSITIONS THAT SHOULD BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR 2024 OR 2023.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (21 entries)

RegionRegionTxtType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,INVESTMENTS$698,787,000
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMINVESTMENTS$65,335,000
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATESINVESTMENTS$6,983,000
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMFUNDRAISING$63,082
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMPROGRAM SERVICES$20,202PROGRAMS
CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS,PROGRAM SERVICES$13,154PROGRAMS
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMPROGRAM SERVICES$4,150RESEACH COLLABORATION
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMPROGRAM SERVICES$1,596SYMPOSIUMS/CONFERENCES
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATESFUNDRAISING$747
NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATESPROGRAM SERVICES$270ACADEMIC
SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,PROGRAM SERVICES$3,859PROGRAMS
SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,PROGRAM SERVICES$309SYMPOSIUMS/CONFERENCES
SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,PROGRAM SERVICES$562RESEACH COLLABORATION
SOUTH ASIAPROGRAM SERVICES$326PROGRAMS
SOUTH ASIAPROGRAM SERVICES$1,264ACADEMIC
MIDDLE EAST AND NORTH AFRICAPROGRAM SERVICES$270SYMPOSIUMS/CONFERENCES
MIDDLE EAST AND NORTH AFRICAPROGRAM SERVICES$120RESEACH COLLABORATION
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMPROGRAM SERVICES$2,608ACADEMIC
EAST ASIA AND THE PACIFICPROGRAM SERVICES$46RESEACH COLLABORATION
EAST ASIA AND THE PACIFICPROGRAM SERVICES$3,145ACADEMIC
EAST ASIA AND THE PACIFICPROGRAM SERVICES$5,154SYMPOSIUMS/CONFERENCES
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$771,207,184SubtotalSpentAmt
Continuation Spent$18,680ContinuationSpentAmt
Total Spent$771,225,864TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE F, PART V:FormAndLineReferenceDesc
ExplanationGEORGIA TECH FOUNDATION, INC. ATTACHES ALL FOREIGN FILINGS TO FORM 990T, WHICH IS ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (8 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2Txt
GEORGIA TECH ALUMNI ASSOCIATION
190 NORTH AVENUEATLANTAGA30313580634853501(C)(3)$2,977,376$0ALUMNI ASSOCIATION
GEORGIA INSTITUTE OF TECHNOLOGY
225 NORTH AVENUEATLANTAGA30332586002023GOVT$108,067,378$0SCHOLARSHIPS, FELLOWSHIPS
GEORGIA TECH FACILITIES INC
225 NORTH AVENUEATLANTAGA30332521442293501(C)(3)$1,246,267$0CONSTRUCTION PROJECT
GEORGIA TECH ATHLETIC ASSOCIATION
150 BOBBY DODD WAYATLANTAGA30332580622514501(C)(3)$6,138,107$0SCHOLARSHIPS
GEORGIA TECH GLOBAL INC
221 UNCLE HEINIE WAY NW LYMAN HALLATLANTAGA303320257271010747501(C)(3)$58,000$0SUPPORTBLDG RM 304
EMORY UNIVERSITY
1599 CLIFTON ROAD THIRD FLOOR 3101ATLANTAGA30322580566256501(C)(3)$483,279$0SUPPORT
BROWN UNIVERSITY
BOX JPROVIDENCERI02912050258809501(C)(3)$7,121$0SUPPORT
MOREHOUSE COLLEGE
830 WESTVIEW DRIVE SWATLANTAGA30314580566205501(C)(3)$51,374$0SUPPORT
FieldValueIRS element (for citing)
Total501c3 Org8Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationMONITORING THE USE OF GRANT FUNDS GEORGIA TECH FOUNDATION, INC. PROVIDES GRANTS TO THE GEORGIA INSTITUTE OF TECHNOLOGY AND OTHER AFFILIATED ORGANIZATIONS THAT SUPPORT THE GEORGIA INSTITUTE OF TECHNOLOGY. THE USE OF THE FUNDS IS MONITORED TO ENSURE THAT THE GRANT IS USED FOR ITS ORIGINAL PURPOSE. NO GRANTS ARE PROVIDED TO INDIVIDUALS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgYes (1)CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgYes (1)CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsYes (1)AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BRIAN PELLEGRINO
CHIEF INVESTMENT OFFICER$614,228$0$906,550$0$0$0$33,000$0$772$0$1,554,550$0$0$0
DR ANGEL CABRERA
PRESIDENT GA INSTITUTE OF TECHNOLOGY$0$625,045$0$0$0$43,300$0$580,492$0$31,776$0$1,280,613$0$0
ALFREDO TRUJILLO
PRESIDENT & COO$478,256$0$200,000$0$18,000$0$33,000$0$26,733$0$755,989$0$0$0
LU YAN
MANAGING DIRECTOR - PUBLIC INVESTMEN$294,971$0$287,427$0$0$0$30,096$0$15,322$0$627,816$0$0$0
PATRICK LIU
DIRECTOR - PRIVATE INVESTMENTS$268,048$0$275,546$0$0$0$27,680$0$38,530$0$609,804$0$0$0
MARK DELORENZO
CFO & SECRETARY$247,303$0$0$0$0$0$22,500$0$17,564$0$287,367$0$0$0
DWIGHT DOZIER
CHIEF INFORMATION OFFICER$233,202$0$7,500$0$0$0$24,077$0$16,899$0$281,678$0$0$0
JOHN CRIST
PORTFOLIO SPECIALIST - GLOBAL EQUITI$138,910$0$89,355$0$0$0$13,342$0$12,388$0$253,995$0$0$0
ROBERT THOMPSON
INVESTMENT OFFICER$132,106$0$93,450$0$0$0$13,505$0$12,272$0$251,333$0$0$0
CHRIS SETZER
CONTROLLER$170,731$0$10,000$0$0$0$18,166$0$40,543$0$239,440$0$0$0

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1AHEALTH OR SOCIAL CLUB DUES OR INITIATION FEES GEORGIA TECH FOUNDATION, INC. PROVIDES REIMBURSEMENT TO ALFREDO TRUJILLO SOCIAL CLUB. THE BUSINESS EXPENSES ARE SUBSTANTIATED. THE DUES ARE ALSO FOR THE BUSINESS EXPENSES AND THE DUES RELATED TO THEIR MEMBERSHIP IN A PAID AND THE PERSONAL USE AMOUNT IS INCLUDED AS COMPENSATION ON FORM W-2.
PART I, LINE 3ESTABLISHMENT OF CEO/EXECUTIVE DIRECTOR COMPENSATION THE COMPENSATION COMMITTEE OF THE GEORGIA TECH FOUNDATION IS CHARGED WITH REVIEWING AND APPROVING COMPENSATION AND BENEFITS PROVIDED BY THE GEORGIA TECH FOUNDATION, INC. THE COMPENSATION COMMITTEE IS COMPOSED OF THE FOUR BOARD OFFICERS OF THE GEORGIA TECH FOUNDATION, WHO ARE NOT COMPENSATED AND ARE NOT RELATED TO INDIVIDUALS WHOSE COMPENSATION IS UNDER REVIEW. THE COMPENSATION COMMITTEE MAY HIRE COMPENSATION CONSULTANTS AND RELIES ON MARKET DATA IN ASSESSING REASONABLENESS OF COMPENSATION AND BENEFITS FOR THE PRESIDENT AND CHIEF OPERATING OFFICER AND THE SENIOR STAFF.
SCHEDULE J, PART I, LINE 5A & 6A:INCENTIVE COMPENSATION BONUSES ARE PAID TO INVESTMENT STAFF IF THE INVESTMENT RETURN EXCEEDS THE TARGET.
SCHEDULE J, PART I, LINE 7:CERTAIN BONUSES ARE PAID TO LEADERSHIP BASED ON DISCRETION OF THE COMPENSATION COMMITTEE.
SCHEDULE J, PART II:SUPPLEMENTAL INFORMATION DR. ANGEL CABRERA IS THE PRESIDENT OF THE GEORGIA INSTITUTE OF TECHNOLOGY. AS PRESIDENT HE SERVES AS AN EX-OFFICIO VOTING TRUSTEE OF THE GEORGIA TECH FOUNDATION. THE GEORGIA INSTITUTE OF TECHNOLOGY, A UNIT OF THE UNIVERSITY SYSTEM OF GEORGIA, PROVIDES COMPENSATION TO DR. CABRERA, AS REPORTED IN SCHEDULE J, PART II. THE BOARD OF REGENTS OF THE UNIVERSITY OF GEORGIA DETERMINES DR. CABRERA'S COMPENSATION.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DEVELOPMENT AUTH OF FULTON COUNTY SERIES 2011A
A581639487359900R412011-11-09$37,498,996REFUND A 2001 PRIOR BOND ISSUE000
DEVELOPMENT AUTH OF FULTON COUNTY SERIES 2017B
B58150687836005FAMT2017-12-21$90,654,780REFUND PORTION OF 2011A AND 2012A000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$37,498,996$473,597$37,025,3392011Yes (1)0Yes (1)Yes (1)
B$90,654,780$750,886$89,903,89420170Yes (1)Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00Yes (1)Yes (1)0000
B00Yes (1)Yes (1)0000

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000Yes (1)0000Yes (1)
B000Yes (1)0000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
B0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART IV, LINE 2C:THE REBATE COMPUTATION WAS PERFORMED FOR BOND A ON APRIL 21, 2014; FOR BOND B ON DECEMBER 21, 2022.
SCHEDULE K, PART IV, LINE 3A:CONTRACTS IN THE BOND FINANCED SPACE ARE INCIDENTAL.
SCHEDULE K, PART III, LINE 9, PART IV, LINE 7 & PART V:GEORGIA TECH FOUNDATION HAS PROCESSES AND PROCEDURES IN PLACE TO ENSURE ALL NONQUALIFIED BONDS ARE REMEDIATED IN ACCORDANCE WITH THE REQUIREMENTS OF SECTIONS 1.141-12 AND 1.145-2, AND FORMALIZED THESE PROCEDURES IN WRITING IN MARCH 2018. GEORGIA TECH FOUNDATION ESTABLISHED WRITTEN PROCEDURES TO MONITOR THE REQUIREMENTS OF SECTION 148. GEORGIA TECH FOUNDATION ESTABLISHED WRITTEN PROCEDURES TO ENSURE THAT VIOLATIONS OF FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM AND ADOPTED THOSE PROCEDURES IN MARCH 2018.

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution135ContributionCnt
Noncash Contributions Rpt F990$22,858,258NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$95,058NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Real Estate Residential RealEstateResidentialGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$3,165,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1TO PROMOTE THE CAUSE OF HIGHER EDUCATION IN GEORGIA; TO RAISE AND RECEIVE FUNDS FOR THE SUPPORT OF GA TECH; AND TO AID GA TECH IN ITS DEVELOPMENT AS A LEADING EDUCATIONAL INSTITUTION.
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:IT IS THE MISSION OF THE GEORGIA TECH FOUNDATION, INC., TO: 1. PROMOTE THE CAUSE OF HIGHER EDUCATION IN THE STATE OF GEORGIA; 2. RECEIVE AND MANAGE FINANCIAL DONATIONS RECEIVED BY THE FOUNDATION FOR SUPPORT AND ENHANCEMENT OF THE GEORGIA INSTITUTE OF TECHNOLOGY; 3. ASSIST THE GEORGIA INSTITUTE OF TECHNOLOGY IN ITS ROLE AS A LEADING EDUCATIONAL AND RESEARCH INSTITUTION.
FORM 990, PART VI, SECTION A, LINE 7AELECTED BOARD MEMBERS THE GEORGIA TECH FOUNDATION, INC. BYLAWS STATE THAT THE EX-OFFICIO VOTING TRUSTEES SHALL BE THE PRESIDENT OF GEORGIA INSTITUTE OF TECHNOLOGY; THE CHAIRMAN OF THE GEORGIA TECH ADVISORY BOARD; AND THE CHAIR, PAST CHAIR, AND CHAIR-ELECT OF THE GEORGIA TECH ALUMNI ASSOCIATION, INC.
FORM 990, PART VI, SECTION B, LINE 11BFORM 990 REVIEW PROCESS THE TRUSTEES, DIRECTORS, AND OFFICERS OF GEORGIA TECH FOUNDATION, INC. ARE GIVEN ACCESS TO ALL GEORGIA TECH FOUNDATION, INC.'S TAX RETURNS THROUGH A WEBSITE AND ASKED TO REVIEW AND PROVIDE ANY QUESTIONS AND COMMENTS BEFORE A CERTAIN DATE. ANY QUESTIONS AND COMMENTS FROM THE BOARD MEMBERS ARE NOTED AND CHANGES ARE MADE TO THE RETURN AS APPROPRIATE. ONCE ALL CHANGES HAVE BEEN MADE, AN UPDATED RETURN IS PROVIDED TO THE BOARD MEMBERS THROUGH THE SAME WEBSITE PRIOR TO THE RETURN BEING FILED.
FORM 990, PART VI, SECTION B, LINE 12CCONFLICT OF INTEREST POLICY THE BOARD OF DIRECTORS AND OFFICERS OF GEORGIA TECH FOUNDATION, INC. ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST WITH GEORGIA TECH FOUNDATION, INC. THE AUDIT COMMITTEE OF GEORGIA TECH FOUNDATION, INC. IS THEN CHARGED WITH REVIEWING ANY CONFLICTS OF INTEREST AND REPORTING THEM TO THE EXECUTIVE COMMITTEE. IF ANY ACTION IS NECESSARY, THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR TAKING THE APPROPRIATE ACTION.
FORM 990, PART VI, SECTION B, LINE 15REVIEW OF OFFICER COMPENSATION THE COMPENSATION COMMITTEE OF THE GEORGIA TECH FOUNDATION IS CHARGED WITH REVIEWING AND APPROVING COMPENSATION AND BENEFITS PROVIDED BY THE GEORGIA TECH FOUNDATION, INC. THE COMPENSATION COMMITTEE IS COMPOSED OF THE FOUR BOARD OFFICERS OF THE GEORGIA TECH FOUNDATION, WHO ARE NOT COMPENSATED AND ARE NOT RELATED TO INDIVIDUALS WHOSE COMPENSATION IS UNDER REVIEW. THE COMPENSATION COMMITTEE MAY HIRE COMPENSATION CONSULTANTS AND RELIES ON MARKET DATA IN ASSESSING REASONABLENESS OF COMPENSATION AND BENEFITS FOR THE PRESIDENT AND CHIEF OPERATING OFFICER AND THE SENIOR STAFF. THE COMPENSATION COMMITTEE OF GEORGIA TECH FOUNDATION CONTEMPORANEOUSLY DOCUMENTS THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION OF THESE INDIVIDUALS.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS AVAILABLE TO THE PUBLIC THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE POSTED TO THE GEORGIA TECH FOUNDATION, INC. WEBSITE. THE FORM 990 AND FORM 990-T OF GEORGIA TECH FOUNDATION, INC. ARE AVAILABLE UPON REQUEST.
FORM 990, PART VII:BOARD MEMBER COMPENSATION RELATED ORGANIZATION COMPENSATION IS PROVIDED BY THE GEORGIA INSTITUTE OF TECHNOLOGY TO BOARD MEMBERS WHO ARE EMPLOYEES OF GEORGIA TECH. NO RELATED ORGANIZATION COMPENSATION IS PROVIDED TO INDIVIDUALS FOR THEIR ROLE AS BOARD MEMBERS OF GEORGIA TECH FOUNDATION, INC.
FORM 990, PART XI, LINE 9:ACTUARIAL GAIN 1,551,719. INCREASE IN CASH SURRENDER VALUE 291,740.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
FIFTH STREET HOTEL LLC
760 SPRING ST NW STE 400ATLANTAGA30308586043294HOLDING CORP.GA$20,796,071$38,954,121GTF INC
TECHNOLOGY SQUARE LLC
760 SPRING ST NW STE 400ATLANTAGA30308586043294HOLDING CORP.GA$6,256,473$108,848,382GTF INC
CYPRESS ACADEMY LLC
760 SPRING ST NW STE 400ATLANTAGA30308263042898HOLDING CORP.GA$0$4,895,804GTF INC
GEORGIA TECH FOUNDATION PROPERTIES LLC
760 SPRING ST NW STE 400ATLANTAGA30308586043294REAL ESTATEGA$0$3,576,756GTF INC
70 4TH STREET LLC
760 SPRING ST NW STE 400ATLANTAGA30308830838727REAL ESTATEGA$0$1,487,007GEORGIA TECH FOUNDATION PROPERTIES INC
ACADEMY OF MEDICINE LLC
760 SPRING ST NW STE 400ATLANTAGA30308586043294REAL ESTATEGA$0$0GTF INC
BILTMORE TECHNOLOGY SQUARE LLC
760 SPRING ST NW STE 400ATLANTAGA30308813182172HOLDING CORP.DE$3,852,251$52,053,374GTF INC
GTF 1052 LLC
760 SPRING ST NW STE 400ATLANTAGA30308815360579HOLDING CORP.DE-$2,967,155$38,415,658GTF INC
GTF ATC LLC
760 SPRING ST NW STE 400ATLANTAGA30308586053294HOLDING CORP.GA$4,185,083$47,100,852GTF INC
665 MARIETTA LLC
760 SPRING ST NW STE 400ATLANTAGA30308586043294HOLDING CORP.GA$1,575$39,242,108GTF INC
GTF MEANS STREET LLC
760 SPRING ST NW STE 400ATLANTAGA30308586043294HOLDING CORP.GA$36,000$630,661GTF INC
600 MEANS STREET LLC
760 SPRING ST NW STE 400ATLANTAGA30308586043294HOLDING CORP.GA$0$0GTF INC
GTF VENTURES LLC
760 SPRING ST NW STE 400ATLANTAGA30308586043294HOLDING CORP.GA$0$2,016,667GTF INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
GEORGIA TECH FOUND REAL ESTATE HOLDING COMPANY
760 SPRING ST NW SUITE 400ATLANTAGA30308581948026REAL ESTATEGA501(C)(3)N/AGTF INCYes (1)
GEORGIA INSTITUTE OF TECHNOLOGY
225 NORTH AVENUEATLANTAGA30332586002023EDUCATIONGAN/AN/A0N/A

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndEINEIN
CHARITABLE REMAINDER UNITRUSTS (30)
760 SPRING STREET NW SUITE 400ATLANTAGA30308TRUSTGATYes (1)
CHARITABLE REMAINDER ANNUITY TRUSTS (1)
760 SPRING STREET NW SUITE 400ATLANTAGA30308TRUSTGATYes (1)
GTF POOLED INCOME FUND
760 SPRING STREET NW SUITE 400ATLANTAGA30308TRUSTGATYes (1)586093829
GEORGIA TECH CHARITABLE LIFE INC
760 SPRING STREET NW SUITE 400ATLANTAGA30308INSURANCE SERGACYes (1)581609015
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd