Georgia Advanced Technology Ventures Inc logo

Georgia Advanced Technology Ventures Inc

ATLANTA, GA EIN: 58-2538285 Website

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.

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

1states

States

Cities

Atlanta

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$30M$40M20202021202220232024
Metric202420232022
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

$0$669K$1M$2M$3M2 grants20202 grants20212 grants20222 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

GEORGIA INSTITUTE OF TEC…$1.1M

Grant Size Distribution

9 grants across all recorded years

<$50K$50–100K$100–250K2$250–500K4$500K–1M3$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Georgia Institute of Technology ($1,114,837).

RecipientPurposeAmount
GEORGIA INSTITUTE OF TECHNOLOGY ATLANTA, GAsupport$1,114,837

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
STEVEN MCLAUGHLINDIRECTOR1
Chaouki AbdallahDirector1
James G FortnerTreasurer4
Anthony ZivalichVice President - REAL ESTATE4
DAVID BRIDGESVICE PRESIDENT - INNOVATION4
JENNIFER BENTSONAssistant Treasurer4
AMY HERRONFORMER OFFICER
SHANTAY BOLTONDIRECTOR4
Tanesha StewardSecretary4
GAIL SPATTFORMER OFFICER
KELLY MACARTHURFORMER OFFICER
HOLLY SEELAssistant Treasurer4
Sig MosleyChairman1
Ben T Raney IIDirector1
Blake PattonDirector1
BURUNDA PRINCEDIRECTOR1
JOHN LONGDIRECTOR1
MICHAEL ROSSDIRECTOR1
SEAN HENRYDIRECTOR1
GARRETT LANGLEYDIRECTOR1

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.

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