Georgia Business Council Inc

Grantmaker Atlanta, GA EIN: 58-1828236

TO FOSTER AND EXPAND MUTUALLY BENEFICIAL ECONOMIC OPPORTUNITIES BETWEEN CERTIFIED MINORITY BUSINESS ENTERPRISES (MBEs) CORPORATIONS, AND GOVERNMENT ENTITIES WITHIN THE STATE OF GEORGIA; AND TO HELP BUILD A STRONGER,

Georgia Business Council Inc at a glance

In short: Georgia Business Council Inc gave $9K across 1 grant in 2024 (avg $9K), mostly in Georgia. Source: 2024 IRS Form 990 filing.

Annual giving (2024)
$9,274
Grants made (2024)
1
Average grant
$9,274
Median grant
$9,274
Total assets
$4,269,919
+18.4% vs 2023
Primary geography
Georgia (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990 filing, 2024 View filing

Data from IRS Form 990 filing, 2024; updated September 2026.

Who Georgia Business Council Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Georgia Education Foundation: $9KGeorgia Education Foundation$9K

The largest 2024 recipient was Georgia Education Foundation ($9K).

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Atlanta

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K0 grants2020 0 grants2021 0 grants2022 0 grants2023 1 grant2024

In 2024 it made 1 grant totaling $9K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Georgia Education Foundation Atlanta, GAEducation$9,274
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$4,269,919$2,217,917$1,554,268$9,2741$58,002
2023$3,607,659$2,179,489$1,661,294——$3,344
2022$3,032,497$2,064,280$1,569,432——$1,263
2021$2,747,157$2,030,983$1,343,670——$632
2020$2,035,312$1,576,799$1,270,955——$2,900

About Georgia Business Council Inc

Based on IRS filings

Georgia Business Council Inc is a nonprofit organization, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 1 grant totaling $9K. Net investment income was $58K.

Leadership & Key People

Officers and directors from IRS filings

Georgia Business Council Inc is led by Stacey Key, President & CEO on every filing since 2020; 1 of 14 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Stacey Key

    President & CEO

    On filings since 2020

    60 hrs/week

    $194K (2020) → $304K (2024)

  • Vicki Irwin-Avery

    Chairman

    On filings since 2020

    1 hr/week

    No compensation reported

  • Douglas Burrell

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Keith Ambersley

    Treasurer

    Board Member → Treasurer, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ken Taunton

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nedra Dickson

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tremese Davis

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Valerie Nesbitt

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Clovice Vaughn

    Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

  • David Braxton

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Fernando Hernandez

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Raven Smith

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Jack McPherson

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Adam Walker

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Dan McNally (2020–2023) — Board Member
  • Former: Wassel Lewis (2020–2023) — Vice Chairman
  • Former: Tracey Grace (2021–2023) — Board Member
  • Former: Lauren Costley (2022–2023) — Board Member
  • Former: Christi Jordan (2023) — Board Member
  • Former: Mathieu Bradier (2022) — Board Member
  • Former: Angela Williams (2020–2021) — Secretary
  • Former: Darrell Green (2020–2021) — Board Member
  • Former: Michael Robinson (2020–2021) — Board Member
  • Former: Kris Oswold (2021) — Board Member
  • Former: Amanda Rivera Lucas-White (2020) — Board Member
  • Former: Kristin Oswold (2020) — Board Member
  • Former: Sidd Ahmed (2020) — Board Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Stacey Key — President & CEO: $304KStacey KeyPresident & CEO$304K

The highest reported compensation on the 2024 filing was $304K, to Stacey Key (President & CEO).

Frequently asked questions about Georgia Business Council Inc

How much does Georgia Business Council Inc give each year?

Georgia Business Council Inc gave $9K across 1 grant in 2024, according to its 2024 IRS Form 990 filing.

How large is Georgia Business Council Inc?

Georgia Business Council Inc reported $4.3M in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $2.2M.

Where does Georgia Business Council Inc operate?

Georgia Business Council Inc has awarded grants in Georgia.

What is Georgia Business Council Inc's EIN?

Georgia Business Council Inc's EIN (Employer Identification Number) is 58-1828236. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Georgia Business Council Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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