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Georgia Independent College

Foundation · 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

EIN
58-0684740
Latest 990 filing
Form 990-PF, 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-PF, 2024; updated April 2026.

Who Georgia Independent College funds

By grant dollars, the top recipient states for Georgia Independent College's 9 itemized 2024 grants were Georgia (100%). The most frequent recipient cities were Macon, GA (2 grants). None of its 9 grants with a stated purpose were described as general or operating support.

How Georgia Independent College gives

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

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

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Financial Overview

From 2024 IRS Form 990-PF · 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

About Georgia Independent College

Based on IRS filings

Georgia Independent College 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 $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 all 9 itemized 2024 grant dollars.

States

Cities

AtlantaMaconDecaturDemorestLagrangeMount BerryRomeGainsevilleWaleskaClevelandFranklin SpringsLookout MountainCuthbertEast PointGainesvilleMariettaMt VernonThomasvilleToccoa FallsYoung Harris

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$832K$2M$2M$3M20202021202220232024
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
Qualifying Distributions———
Net Investment Income$1,590,966$768,257$1,284,713
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

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

Giving Over Time

Total grant dollars and number of grants per year

$0$173K$346K$519K$692K24 grants202011 grants202113 grants202214 grants20239 grants2024

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

Grant Size Distribution

71 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Mercer University ($125,895), Berry College ($85,515), Oglethorpe University ($70,664).

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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

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

From 2024 IRS filing

NameTitleHoursCompensation
Andy SheppardVice-Chair1—
Anne SkelderTrustee1—
Antonio MolinaAt Large1—
Bharath ParthasarathyTrustee1—
Rusty KennedyTrustee1—
David ThomasTrustee1—
Dean CollinsTrustee1—
Donald DowlessAt Large1—
George FrenchTrustee1—
Emir CanerTrustee1—
Brad VoylesTrustee1—
Gregory FenvesAt Large1—
Helene GayleAt Large1—
Howard MosbyTrustee1—
Greg HearnTrustee1—
Susanna BaxterTrustee1—
Kathryn McClymondTrustee1—
Jimmy FlemingTrustee1—
John ColemanAt Large1—
Keith H ShurbuttTreasurer1—
Kevin TannerAt Large1—
Leocadia I ZakChair1—
Marshall CriserTrustee1—
Drew Van HornTrustee1—
Mark RobertsAt Large1—
Meaghan BlightTrustee1—
Nancy JuneauAt Large1—
Rob ScottAt Large1—
Robert MyersTrustee1—
Stephen R BriggsTrustee1—
Steve EcholsTrustee1—
William D UnderwoodTrustee1—
Jenna ColvinPresident40$225,660
Lisa MackeVice-President40$102,613

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Georgia Independent College?

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

How large is Georgia Independent College?

As of 2024, Georgia Independent College holds $20.1M in total assets with $3.0M in annual revenue. It awarded 9 grants totaling $653K in 2024.

Where does Georgia Independent College operate?

Georgia Independent College has awarded grants in Georgia.

What size grants does Georgia Independent College award?

In 2024, Georgia Independent College awarded 9 grants totaling $653K — an average of about $73K per grant, based on its IRS Form 990 filings.

What is Georgia Independent College's EIN?

Georgia Independent College's EIN (Employer Identification Number) is 58-0684740. 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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