Overview Money In Money Out People Connected Orgs Positions Interview Endorsements
About 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.
In care of MARK Delorenzo
Donations are tax-deductible
Financial Snapshot FY ending 2023-06-30 Financial history 16 17 18 19 20 21 22 23
Latest FY2023: $239.0M · Peak FY2019: $373.7M · Avg: $237.2M
Foreign activity (Schedule F) Total spent abroad $855.6M
Foreign employees 0
Foreign offices 0
Foreign partnership interest Yes
Foreign trust interest No
Region Activity Spent CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, — — EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM — — NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES — — EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM — — SOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR, — — EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM — — CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, — — EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM — — EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM — — NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES — —
501(h) election This 501(c)(3) has NOT elected 501(h) — lobbying is permitted but limited under the vaguer "no substantial part of activities" test.
Political & Grant Activity
GEORGIA TECH FOUNDATION INC
Address 760 Spring ST NW
Atlanta, GA, 30308-102
Governance Voting board members 54
Independent members 53
Conflict-of-interest policy Yes
Whistleblower policy Yes
Doc-retention policy Yes
Audit committee Yes
990 reviewed by board Yes
Compensation practices Severance payments No
Equity-based comp No
Supplemental retirement plan No
Compensation committee Yes
Used comp survey Yes
Board approved comp Yes
Initial contract exception No
Financial detail (Schedule D) Board-designated % 6.8%
Permanent endowment % 45.4%
Endowment held by related org No
Public records
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