Georgia Corporation for Economic Development logo

Georgia Corporation for Economic Development

Public charity · Grantmaker Atlanta, GA EIN: 58-2059120 Website

Assist in Georgia economic development.

Key facts about Georgia Corporation for Economic Development

In short: Georgia Corporation for Economic Development gave $403K across 4 grants in 2025 (avg $101K), mostly in Georgia. Source: 2025 IRS Form 990.

EIN
58-2059120
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$403,300
Grants made (2025)
4
Average grant
$100,825
Median grant
$48,250
Total assets
$3,740,921
Primary geography
Georgia (98% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$3.7M

+0.0% YoY

Annual Giving

$403K

+29.1% YoY

Grant Count

4

-20.0% YoY

Avg Grant Size

$101K

+61.3% YoY

How Georgia Corporation for Economic Development gives

  • Giving grew 102% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Georgia Corporation for Economic Development

Based on IRS filings

Georgia Corporation for Economic Development is a public charity focused on Community Improvement & Capacity Building, based in Atlanta, GA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $3.7M in total assets. In 2025, it awarded 4 grants totaling $403K. Net investment income was $163K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 4 itemized grants.

Cities

AtlantaNewtownNorcrossAugustaChicagoMcLean

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K4 grants2020 4 grants2021 4 grants2022 4 grants2023 5 grants2024 4 grants2025

From 2020 to 2025, annual grant giving ranged from $123K (2021) to $442K (2020). In 2025 it made 4 grants totaling $403K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Georgia Economic Dev Foundation: $300KGeorgia Economic DevFoundation$300KIndustrial Asset Management Council: $58KIndustrial Asset ManagementCouncil$58KAugusta Metro Chamber of Commerce: $39KAugusta Metro Chamber ofCommerce$39KNational Shooting Sports Foundation: $7KNational Shooting SportsFoundation$7K

The largest 2025 recipient was Georgia Economic Dev Foundation ($300K). Together the top 4 received $403K.

Grant Size Distribution

21 grants across all recorded years

12<$50K5$50–100K3$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 21 (57%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Georgia Economic Dev Foundation Atlanta, GAGeneral Support$300,000
Industrial Asset Management Council Norcross, GASponsor Event$57,500
Augusta Metro Chamber of Commerce Augusta, GASponsor Event$39,000
National Shooting Sports Foundation Newtown, CTSponsor Event$6,800

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,740,921$3,740,423$3,697,760
Revenue$1,931,196$1,946,115$1,762,258
Expenses$1,772,320$2,061,526$1,856,487
Net Investment Income$163,062$174,567$36,256

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS February 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS April 25, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 15, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 13, 2026)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Georgia Corporation for Economic Development is led by Dennis L. Chastain, Chairman since 2025 (on filings since 2021); none of the 43 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Dennis L. Chastain

    Chairman

    Board Member → Chairman, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Chris Clark

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gretchen Corbin

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Julie C. Smith

    Working Part

    On filings since 2020

    1 hr/week

    No compensation reported

  • Justin Clay

    Working Part

    On filings since 2020

    1 hr/week

    No compensation reported

  • Morgan B. Law Cecd

    Working Part

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nick D'andrea

    Working Part

    On filings since 2020

    1 hr/week

    No compensation reported

  • Pat Wilson

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Peter W. Carter

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Walt Farrell

    Working Part

    On filings since 2020

    1 hr/week

    No compensation reported

  • Aprill Spingfield Blanco

    Board Member

    Working Part → Board Member, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Aubrey Brown

    Working Part

    On filings since 2021

    1 hr/week

    No compensation reported

  • Bud Whitmire

    Working Part

    On filings since 2021

    1 hr/week

    No compensation reported

  • Craig Camuso

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Daryl Ingram

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • James E. Fuller

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jb Landroche

    Working Part

    On filings since 2021

    1 hr/week

    No compensation reported

  • Joe W. Rogers III

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Malcom P. Smith

    Working Part

    On filings since 2021

    1 hr/week

    No compensation reported

  • Houston Bass IV

    Working Part

    On filings since 2022

    1 hr/week

    No compensation reported

  • Katie Saez

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Mike Mitchell

    Working Part

    On filings since 2022

    1 hr/week

    No compensation reported

  • Virgil Miller

    Board Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Bob Davis

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Ryan Heffern

    Working Part

    On filings since 2023

    1 hr/week

    No compensation reported

  • Tracy Pitcher

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Alex McGee

    Working Part

    On filings since 2024

    1 hr/week

    No compensation reported

  • Anita Costello

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Bradley Harris

    Secretary

    Working Part → Secretary, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Camila Knowles

    Working Part

    On filings since 2024

    1 hr/week

    No compensation reported

  • Katie Childers

    Working Part

    On filings since 2024

    1 hr/week

    No compensation reported

  • Marisa Simpson

    Secretary

    Working Part → Secretary, 2025

    On filings since 2024

    1 hr/week

    No compensation reported

  • Stefan Loeb

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Trey Kilpatrick

    Board Member

    On filings since 2024

    1 hr/week

    No compensation reported

  • Arthur Tripp

    Working Part

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Elizabeth Reynolds

    Working Part

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Kevin Brennan

    Working Part

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Lindsey Johnson

    Working Part

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Mary Beth Coke

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Michael Kiely

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Misti Martin

    Working Part

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Riley Blount

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Sydne Smith

    Executive Di

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (50)
  • Former: Venessa Harrison (2020–2024) — Board Member
  • Former: David A. Smith (2021–2024) — Working Part
  • Former: Laura Lane (2021–2024) — Board Member
  • Former: Mike Donnelly (2021–2024) — Board Member
  • Former: Pedro Cherry (2021–2024) — Board Member
  • Former: William H. Linginfelter (2021–2024) — Board Member
  • Former: Rich Johnson (2022–2024) — Working Part
  • Former: David Wilkinson (2024) — Board Member
  • Former: Frank Martire (2020–2023) — Board Member
  • Former: Joanna Price (2020–2023) — Board Member
  • Former: Michelle Robinson (2020–2023) — Board Member
  • Former: W. Cofield Widner (2020–2023) — Working Part
  • Former: Brittany Young (2021–2023) — Executive Di
  • Former: Fatimot Ladipo (2021–2023) — Working Part
  • Former: Jeff Davidman (2021–2023) — Working Part
  • Former: Kathleen Smith (2021–2023) — Board Member
  • Former: Pat B. Merritt (2021–2023) — Working Part
  • Former: Jaime Hockin (2022–2023) — Board Member
  • Former: Jeff Buzzelli (2022–2023) — Board Member
  • Former: Rob Legge (2022–2023) — Working Part
  • Former: Kristi Brigman (2023) — Executive Di
  • Former: Jenna Kelly (2020–2021) — Board Member
  • Former: John D'andrea (2020–2021) — Board Member
  • Former: Kevin Curtin (2020–2021) — Working Part
  • Former: Scott McMurray (2020–2021) — Working Part
  • Former: Bill Connors (2021) — Board Member
  • Former: Kirby A. Thompson (2021) — Working Part
  • Former: Michael Wall (2021) — Working Part
  • Former: William Tate (2021) — Working Part
  • Former: Adam T. Ogburn (2020) — Working Part
  • Former: Bert Brantley (2020) — Executive Di
  • Former: Bill Connors Comcast (2020) — Board Member
  • Former: Bryan Batson (2020) — Board Member
  • Former: Daryl Ingram Electric Cities Of Georgia (2020) — Treasurer
  • Former: David A Smith Regions Bank (2020) — Working Part
  • Former: David Abney (2020) — Board Member
  • Former: David Werner (2020) — Working Part
  • Former: Dennis L Chastain Georgia Electric Membership Corp (2020) — Board Member
  • Former: Gene Rackley (2020) — Working Part
  • Former: Heath Campbell Bb&t (2020) — Board Member
  • Former: James E. Fuller Meag Power (2020) — Board Member
  • Former: JB Landroche Georgia Lottery Corporation (2020) — Working Part
  • Former: Kirby A Thompson Suntrust Bank (2020) — Working Part
  • Former: Michael Wall Comcast (2020) — Working Part
  • Former: PAT B Merritt Georgia Electric Membership Corp (2020) — Working Part
  • Former: Paul Menk Wells Fargo (2020) — Board Member
  • Former: Robert Martinez Norfolk Southern Corporation (2020) — Board Member
  • Former: Sean Mabey (2020) — Working Part
  • Former: William H Linginfelter Regions Bank (2020) — Board Member
  • Former: William Tate Norfolk Southern Corporation (2020) — Working Part

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 Corporation for Economic Development

How much does Georgia Corporation for Economic Development give each year?

Georgia Corporation for Economic Development gave $403K across 4 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $313K across 5 grants.

What is Georgia Corporation for Economic Development's typical grant size?

Georgia Corporation for Economic Development's median grant in 2025 was $48,250, and its average grant was $100,825, across 4 grants on its 2025 IRS Form 990.

Where does Georgia Corporation for Economic Development give grants?

Georgia Corporation for Economic Development gives mostly in Georgia: 98% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.

Does Georgia Corporation for Economic Development give general operating support?

Yes: 25% of Georgia Corporation for Economic Development's 2025 grants with a stated purpose (1 of 4) were for general or operating support, per its 2025 IRS Form 990. Recurring purposes include "Sponsor Event" (3 grants).

How large is Georgia Corporation for Economic Development?

Georgia Corporation for Economic Development reported $3.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.9M.

What is Georgia Corporation for Economic Development?

Georgia Corporation for Economic Development is a public charity focused on Community Improvement & Capacity Building, based in Atlanta, GA. It holds $3.7M in total assets as of 2025.

What is Georgia Corporation for Economic Development's EIN?

Georgia Corporation for Economic Development's EIN (Employer Identification Number) is 58-2059120. IRS Form 990 filing data is available on this page for 2020–2025.

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

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