Georgia Independent College Association Inc logo

Georgia Independent College Association Inc

Public charity · Grantmaker Atlanta, GA EIN: 58-0684740 Website

Georgia Independent College Association, inc ("gica") supports private higher education in Georgia in the areas of public policy, increased public awareness, fund raising for student financial aid, and collaborative projects, in partnership with institutions, business and community leaders.

Key facts about Georgia Independent College Association Inc

In short: Georgia Independent College Association Inc gave $653K across 9 grants in 2024 (avg $73K), mostly in Georgia. Source: 2024 IRS Form 990.

EIN
58-0684740
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$653,184
Grants made (2024)
9
Average grant
$72,576
Median grant
$67,493
Total assets
$20,083,372
Primary geography
Georgia (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$20.1M

+6.6% YoY

Annual Giving

$653K

-5.6% YoY

Grant Count

9

-35.7% YoY

Avg Grant Size

$73K

+46.9% YoY

How Georgia Independent College Association Inc gives

  • Giving held roughly steady from 2021 to 2024 (+15%). Method

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

About Georgia Independent College Association Inc

Based on IRS filings

Georgia Independent College Association Inc is a public charity focused on Education, based in Atlanta, GA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $20.1M in total assets. In 2024, it awarded 9 grants totaling $653K. Net investment income was $1.6M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 9 itemized grants.

States

Cities

AtlantaMaconDecaturDemorestLagrangeMount BerryRomeGainsevilleWaleskaClevelandFranklin SpringsLookout MountainCuthbertEast PointGainesvilleMariettaMt VernonThomasvilleToccoa FallsYoung Harris

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K24 grants2019 24 grants2020 11 grants2021 13 grants2022 14 grants2023 9 grants2024

From 2019 to 2024, annual grant giving ranged from $568K (2021) to $698K (2019). In 2024 it made 9 grants totaling $653K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Mercer University: $126KMercer University$126KBerry College: $86KBerry College$86KOglethorpe University: $71KOglethorpe University$71KShorter University: $69KShorter University$69KPiedmont University: $67KPiedmont University$67KBrenau University: $67KBrenau University$67KLagrange College: $57KLagrange College$57KAgnes Scott College: $57KAgnes Scott College$57KWesleyan College: $53KWesleyan College$53K

The largest 2024 recipient was Mercer University ($126K). Together the top 9 received $653K.

Grant Size Distribution

71 grants across all recorded years

31<$50K35$50–100K5$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 35 grants of 71 (49%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Mercer University Macon, GATo provide support for private colleges and universities in Georgia$125,895
Berry College Mount Berry, GATo provide support for private colleges and universities in Georgia$85,515
Oglethorpe University Atlanta, GATo provide support for private colleges and universities in Georgia$70,664
Shorter University Rome, GATo provide support for private colleges and universities in Georgia$69,425
Piedmont University Demorest, GATo provide support for private colleges and universities in Georgia$67,493
Brenau University Gainseville, GATo provide support for private colleges and universities in Georgia$66,629
Lagrange College Lagrange, GATo provide support for private colleges and universities in Georgia$57,282
Agnes Scott College Decatur, GATo provide support for private colleges and universities in Georgia$57,202
Wesleyan College Macon, GATo provide support for private colleges and universities in Georgia$53,079

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$20,083,372$18,845,633$17,834,466
Revenue$3,026,599$2,049,642$2,521,058
Expenses$2,049,492$1,858,496$1,771,287
Net Investment Income$1,590,966$768,257$1,284,713

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS June 30, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS July 26, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS November 10, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS November 10, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
  7. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Georgia Independent College Association Inc is led by Jenna Colvin, President since 2021 (on filings since 2020); 2 of 34 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Jenna Colvin

    President

    Ex-Officio → President, 2021

    On filings since 2020

    40 hrs/week

    $75K (2020) → $226K (2024)

  • Leocadia I. Zak

    Chair

    Trustee → Vice Chair, 2022

    Vice Chair → Chair, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Susanna L. Baxter

    Trustee

    Executive Officio → Ex-Officio - & Trustee, 2020

    Ex-Officio - & Trustee → Trustee, 2021

    On filings since 2019

    1 hr/week

    $245K (2019) → $0 (2024)

  • David Thomas

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Dean C. Collins

    Trustee

    Trustee → At Large, 2021

    At Large → Trustee, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Drew Van Horn

    Trustee

    At Large → Chair, 2022

    Chair → Trustee, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Emir Caner

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • George French

    Trustee

    Trustee → At Large, 2022

    At Large → Trustee, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Howard Mosby

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jimmy Fleming

    Trustee

    Trustee → At Large, 2021

    At Large → Trustee, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Robert Myers

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • Stephen R. Briggs

    Trustee

    Trustee → At Large, 2022

    At Large → Trustee, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Steve Echols

    Trustee

    On filings since 2019

    1 hr/week

    No compensation reported

  • William D. Underwood

    Trustee

    Trustee → At Large, 2021

    At Large → Trustee, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Anne Skelder

    Trustee

    At Large → Trustee, 2022

    On filings since 2021

    1 hr/week

    No compensation reported

  • Bharath Parthasarathy

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Meaghan Blight

    Trustee

    On filings since 2022

    1 hr/week

    No compensation reported

  • Brad Voyles

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Greg Hearn

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Kathryn McClymond

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Marshall Criser

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Rusty Kennedy

    Trustee

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Lisa Macke

    Vice President

    On filings since 2021

    40 hrs/week

    $94K (2021) → $103K (2024)

  • Andy Sheppard

    Vice Chair

    Trustee → At Large, 2022

    At Large → Vice Chair, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Antonio Molina

    At Large

    Trustee → At Large, 2022

    On filings since 2019

    1 hr/week

    No compensation reported

  • Donald Dowless

    At Large

    Trustee → At Large, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • John Coleman

    At Large

    Trustee → At Large, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Keith H. Shurbutt

    Treasurer

    Treasurer → Trustee, 2020

    Trustee → Treasurer, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Nancy Juneau

    At Large

    Trustee → At Large, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Rob Scott

    At Large

    Trustee → At Large, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Gregory Fenves

    At Large

    Trustee → At Large, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Roberts

    At Large

    Trustee → At Large, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Helene Gayle

    At Large

    Trustee → At Large, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Kevin Tanner

    At Large

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (21)
  • Former: J. Derek Halvorson (2019–2023) — Trustee
  • Former: James F. Mellichamp (2019–2023) — Trustee
  • Former: Linda R. Buchanan (2019–2023) — Trustee
  • Former: Ronald G. White (2019–2023) — Trustee
  • Former: Charlie Harman (2020–2023) — Trustee
  • Former: Nicholas Ladany (2021–2023) — At Large
  • Former: Margaret Kaiser (2019–2021) — Trustee
  • Former: Mary Schmidt Campbell (2019–2021) — Trustee
  • Former: Ryan Shepard (2019–2021) — Trustee
  • Former: Vivia Fowler (2019–2021) — Chair
  • Former: Anne Skleder (2019–2020) — Trustee
  • Former: Dan McAlexander (2019–2020) — Trustee
  • Former: Jennifer Hobbs (2019–2020) — Trustee
  • Former: Kina S. Mallard (2019–2020) — Trustee
  • Former: Lawrence M. Schall (2019–2020) — Trustee
  • Former: Nick Ladeny (2020) — Trustee
  • Former: Charles Charlie Harman (2019) — Chair
  • Former: Ed L. Schrader (2019) — Trustee
  • Former: Lucille Mauge (2019) — Trustee
  • Former: Michael Meyer Von Bremen (2019) — Trustee
  • Former: Seth Harp (2019) — Trustee

Data from IRS Form 990 filings, 2019–2024. "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

Jenna Colvin — President: $226KJenna ColvinPresident$226KLisa Macke — Vice-President: $103KLisa MackeVice-President$103K

The highest reported compensation on the 2024 filing was $226K, to Jenna Colvin (President). 2 officers or directors reported compensation on that filing.

Frequently asked questions about Georgia Independent College Association Inc

How much does Georgia Independent College Association Inc give each year?

Georgia Independent College Association Inc gave $653K across 9 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $692K across 14 grants.

What is Georgia Independent College Association Inc's typical grant size?

Georgia Independent College Association Inc's median grant in 2024 was $67,493, and its average grant was $72,576, across 9 grants on its 2024 IRS Form 990.

Where does Georgia Independent College Association Inc give grants?

Georgia Independent College Association Inc gives mostly in Georgia: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Macon, GA (2 grants).

Does Georgia Independent College Association Inc give general operating support?

Not in 2024: none of the 9 grants with a stated purpose on Georgia Independent College Association Inc's 2024 IRS Form 990 were described as general or operating support.

Who are Georgia Independent College Association Inc's largest grantees?

Georgia Independent College Association Inc's largest 2024 grantees include Mercer University ($125,895), Berry College ($85,515) and Oglethorpe University ($70,664), according to its 2024 IRS Form 990. Together they received 43% of its itemized 2024 grant dollars.

How large is Georgia Independent College Association Inc?

Georgia Independent College Association Inc reported $20.1M in total assets on its 2024 IRS Form 990. Its revenue that year was $3.0M.

What is Georgia Independent College Association Inc?

Georgia Independent College Association Inc is a public charity focused on Education, based in Atlanta, GA. It holds $20.1M in total assets as of 2024.

What is Georgia Independent College Association Inc's EIN?

Georgia Independent College Association Inc's EIN (Employer Identification Number) is 58-0684740. IRS Form 990 filing data is available on this page for 2019–2024.

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

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