Georgia Advanced Technology Ventures Inc
The corporation is organized and shall be operated exclusively as a supporting organization to and for the benefit of the Georgia institute of technology to foster and support education and scientific research and economic development throughout the state of Georgia by promoting the state of Georgia for the development of new high technology research and industry within the state of Georgia.
Georgia Advanced Technology Ventures Inc at a glance
In short: Georgia Advanced Technology Ventures Inc gave $33.4M across 1 grant in 2025 (avg $33.4M), mostly in Georgia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $33,402,572
- +2896.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $33,402,572
- +2896.2% vs 2024
- Median grant
- $33,402,572
- Total assets
- $237,901,675
- -3.2% vs 2024
- Primary geography
- Georgia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Georgia Advanced Technology Ventures Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Georgia Institute of Technology ($33.4M).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was in the $500K–1M range: 3 grants of 8 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Georgia Advanced Technology Ventures Inc gives
- Giving grew 1149% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $1.1M (2023) to $33.4M (2025). In 2025 it made 1 grant totaling $33.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Georgia Institute of Technology Atlanta, GA | support | $33,402,572 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $237,901,675 | $56,010,998 | $55,250,326 | $33,402,572 | 1 | $120,352 |
| 2024 | $245,847,261 | $36,381,962 | $23,586,639 | $1,114,837 | 1 | $120,122 |
| 2023 | $241,918,056 | $31,669,077 | $21,232,410 | $1,103,391 | 2 | $85,048 |
| 2022 | $234,129,719 | $34,809,516 | $21,543,916 | $2,674,862 | 2 | $53,126 |
| 2021 | $206,195,666 | $20,980,407 | $15,690,188 | $1,955,735 | 2 | $-824,195 |
| 2020 | $187,373,029 | $18,408,233 | $15,935,386 | $1,273,374 | 2 | $267,721 |
About Georgia Advanced Technology Ventures Inc
Based on IRS filings
Georgia Advanced Technology Ventures Inc is a public charity focused on Education, based in Atlanta, GA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $237.9M in total assets. In 2025, it awarded 1 grant totaling $33.4M. Net investment income was $120K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Georgia Advanced Technology Ventures Inc is led by Raghupathy Sivakumar, President on the 2025 filing; none of the 28 officers listed in 2025 report compensation.
Officers on the 2025 filing
Raghupathy Sivakumar
President
New on the 2025 filing
4 hrs/week
No compensation reported
Blake Patton
Chair
Director → Chair, 2025
On filings since 2020
1 hr/week
No compensation reported
Ben T Raney II
Director
On filings since 2020
1 hr/week
No compensation reported
Chaouki Abdallah
Director
Director & President → Director, 2021
On filings since 2020
1 hr/week
No compensation reported
Sig Mosley
Director
Director → Chairman, 2022
Chairman → Director, 2025
On filings since 2020
1 hr/week
No compensation reported
Steven McLaughlin
Director
On filings since 2021
1 hr/week
No compensation reported
Burunda Prince
Director
On filings since 2022
1 hr/week
No compensation reported
John Long
Director
On filings since 2022
1 hr/week
No compensation reported
Michael Ross
Director
On filings since 2022
1 hr/week
No compensation reported
Garrett Langley
Director
On filings since 2024
1 hr/week
No compensation reported
Sean Henry
Director
On filings since 2024
1 hr/week
No compensation reported
Shantay Bolton
Director
On filings since 2024
1 hr/week
No compensation reported
Karie Davis-Nozemack
Director
New on the 2025 filing
1 hr/week
No compensation reported
Kim Toatley
Director
New on the 2025 filing
1 hr/week
No compensation reported
Timothy Lieuwen
Director
New on the 2025 filing
1 hr/week
No compensation reported
Tricia Chastain
Director
New on the 2025 filing
1 hr/week
No compensation reported
Amy E Herron
Former Officer
Assistant Treasurer → Former Officer, 2023
On filings since 2020
No compensation reported
Anthony Zivalich
Vice President - Real Estate
Vice President → Vice President - Real Estate, 2021
On filings since 2020
4 hrs/week
No compensation reported
James G Fortner
Treasurer
On filings since 2020
4 hrs/week
No compensation reported
Tanesha Steward
Secretary
On filings since 2020
4 hrs/week
No compensation reported
David Bridges
Vice President - Innovation
On filings since 2021
4 hrs/week
No compensation reported
Gail Spatt
Former Officer
On filings since 2021
No compensation reported
Kelly Macarthur
Former Officer
Assistant Treasurer → Former Officer, 2023
On filings since 2022
No compensation reported
Holly Seel
Assistant Treasurer
On filings since 2023
4 hrs/week
No compensation reported
Jennifer Bentson
Assistant Treasurer
On filings since 2024
4 hrs/week
No compensation reported
Jazmyn Muse
Assistant Secretary
New on the 2025 filing
4 hrs/week
No compensation reported
Ronni Bryant
Secretary
New on the 2025 filing
4 hrs/week
No compensation reported
Shannon McGhee
Secretary-Interim
New on the 2025 filing
4 hrs/week
No compensation reported
Former officers (13)
- Former: Cortrella Greer (2020–2023) — Assistant Secretary
- Former: Kelly Fox (2020–2023) — Director
- Former: Stephen E Cross (2020–2023) — Former Officer
- Former: Jennifer Hubert (2023) — Assistant Treasurer
- Former: Michael Shannon (2023) — Director
- Former: James R Borders (2020–2022) — Director
- Former: John J Huntz (2020–2022) — Director
- Former: Karen Fite (2020–2022) — Former Officer
- Former: Steve W Chaddick (2020–2022) — Director
- Former: Steven Swant (2021–2022) — Former Officer
- Former: Aisha Oliver-Staley (2020–2021) — Assistant Secretary
- Former: Rafael L Bras (2020–2021) — Director
- Former: Christopher Downing (2020) — Former President
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Georgia Advanced Technology Ventures Inc
How much does Georgia Advanced Technology Ventures Inc give each year?
Georgia Advanced Technology Ventures Inc gave $33.4M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.1M across 1 grant.
How large is Georgia Advanced Technology Ventures Inc?
Georgia Advanced Technology Ventures Inc reported $237.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $56.0M.
What is Georgia Advanced Technology Ventures Inc?
Georgia Advanced Technology Ventures Inc is a public charity focused on Education, based in Atlanta, GA. It holds $237.9M in total assets as of 2025.
Where does Georgia Advanced Technology Ventures Inc operate?
Georgia Advanced Technology Ventures Inc has awarded grants in Georgia.
What is Georgia Advanced Technology Ventures Inc's EIN?
Georgia Advanced Technology Ventures Inc's EIN (Employer Identification Number) is 58-2538285. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS March 4, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 16, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS May 12, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 7, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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