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

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

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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

No grants recorded for .

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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

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

1states

States

Cities

Atlanta

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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