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.
Key facts about Georgia Advanced Technology Ventures Inc
- EIN
- 58-2538285
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,114,837
- Grants made (2024)
- 1
- Average grant
- $1,114,837
- Median grant
- $1,114,837
- Total assets
- $245,847,261
- Primary geography
- Georgia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$245.8M
+1.6% YoY
Annual Giving
$1.1M
+1.0% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$1.1M
+102.1% YoY
About Georgia Advanced Technology Ventures Inc
Based on IRS filings
Georgia Advanced Technology Ventures Inc is a nonprofit organization focused on Education, based in ATLANTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $245.8M in total assets. In 2024, it awarded 1 grants totaling $1.1M. Net investment income was $120K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $245,847,261 | $241,918,056 | $234,129,719 |
| Revenue | $36,381,962 | $31,669,077 | $34,809,516 |
| Expenses | $23,586,639 | $21,232,410 | $21,543,916 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $120,122 | $85,048 | $53,126 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Georgia Institute of Technology ($1,114,837).
| Recipient | Purpose | Amount |
|---|---|---|
| GEORGIA INSTITUTE OF TECHNOLOGY ATLANTA, GA | support | $1,114,837 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEVEN MCLAUGHLIN | DIRECTOR | 1 | — |
| Chaouki Abdallah | Director | 1 | — |
| James G Fortner | Treasurer | 4 | — |
| Anthony Zivalich | Vice President - REAL ESTATE | 4 | — |
| DAVID BRIDGES | VICE PRESIDENT - INNOVATION | 4 | — |
| JENNIFER BENTSON | Assistant Treasurer | 4 | — |
| AMY HERRON | FORMER OFFICER | — | — |
| SHANTAY BOLTON | DIRECTOR | 4 | — |
| Tanesha Steward | Secretary | 4 | — |
| GAIL SPATT | FORMER OFFICER | — | — |
| KELLY MACARTHUR | FORMER OFFICER | — | — |
| HOLLY SEEL | Assistant Treasurer | 4 | — |
| Sig Mosley | Chairman | 1 | — |
| Ben T Raney II | Director | 1 | — |
| Blake Patton | Director | 1 | — |
| BURUNDA PRINCE | DIRECTOR | 1 | — |
| JOHN LONG | DIRECTOR | 1 | — |
| MICHAEL ROSS | DIRECTOR | 1 | — |
| SEAN HENRY | DIRECTOR | 1 | — |
| GARRETT LANGLEY | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Georgia Advanced Technology Ventures Inc?
Georgia Advanced Technology Ventures Inc is a nonprofit organization focused on Education, based in ATLANTA, GA. It holds $245.8M in total assets as of 2024.
How large is Georgia Advanced Technology Ventures Inc?
As of 2024, Georgia Advanced Technology Ventures Inc holds $245.8M in total assets with $36.4M in annual revenue. It awarded 1 grants totaling $1.1M in 2024.
Where does Georgia Advanced Technology Ventures Inc operate?
Georgia Advanced Technology Ventures Inc has awarded grants in Georgia.
What size grants does Georgia Advanced Technology Ventures Inc award?
In 2024, Georgia Advanced Technology Ventures Inc awarded 1 grants totaling $1.1M — an average of about $1.1M per grant, based on its IRS Form 990 filings.
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 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.