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Medical College of Georgia Foundation INC

Public charity990-T FY2023
DBA: INCORPORATED
Other · AUGUSTA, GA · EIN 58-0706796
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About

The misson of the medical college of georgia foundation is to improve the quality of life of the people of georgia, the nation, and the world by supporting the advancement of education, research, and patient care at augusta university.

DBA Incorporated

Donations are tax-deductible
Category
Other
Employees
18
Volunteers
25

Financial Snapshot

FY ending 2023-06-30
Revenue
$16.2M
Expenses
$12.6M
Assets
$349.0M
Liabilities
$17.4M

Financial history

$62.3M$31.1M$0
1617181920212223
RevenueExpenses
Latest FY2023: $16.2M · Peak FY2019: $62.3M · Avg: $21.4M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$9.5M
MEDICAL COLLEGE OF GEORGIA FOUNDATION INC
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Address

750 ST Sebastian Way STE 150
Augusta, GA, 30901-000

Governance

Voting board members20
Independent members20
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %13.0%
Permanent endowment %55.0%
Endowment held by related orgNo
Public records
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