Georgia Phi Foundation Inc

Foundation · Grantmaker Atlanta, GA EIN: 58-2285554

Georgia Phi Foundation Inc is a private foundation focused on Education, based in Atlanta, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $91K in total assets. In 2024, it awarded 1 grant totaling $16K. Net investment income was $947.

Key facts about Georgia Phi Foundation Inc

EIN: 58-2285554
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $15,971
Grants made (2024): 1
Average grant: $15,971
Median grant: $15,971
Total assets: $91,217
Primary geography: Georgia (100% of itemized 2024 grant dollars)

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

How Georgia Phi Foundation Inc gives

Giving grew 289% from 2021 to 2024. Method
In 2024 it paid out 329% of its IRS minimum distribution (the 5% rule). 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

$91K

-14.1% YoY

Annual Giving

$16K

-21.1% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$16K

-21.1% YoY

Under IRS private-foundation payout rules, Georgia Phi Foundation Inc reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Georgia Phi Foundation Inc

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $16K (100%)

Share of all 1 itemized 2024 grant dollars.

States

Georgia

Cities

Atlanta

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$91,217	$106,241	$128,473
Revenue	$2,274	—	$2
Expenses	$17,298	$22,232	$10,918
Qualifying Distributions	$15,971	$20,254	$8,810
Net Investment Income	$947	—	—
Distributable Amount	$4,849	$5,780	$6,636

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Sigma Alpha Epsilon Fraternity ($15,971).

Recipient	Purpose	Amount
SIGMA ALPHA EPSILON FRATERNITY Atlanta, GA	ENHANCE EDUCATIONAL OPPORTUNITIES BY PROVIDING EDUCATIONAL SUPPLIES, TUITION RIEMBURSEMENTS AND SEMINAR-RELATED EXPENSES FOR PARTICIPANTS.	$15,971

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Ashby Foltz	President & CEO	2	—
Peyton Bell	Treasurer	2	—
Grady Bunn	Secretary	2	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Georgia Phi Foundation Inc?

Georgia Phi Foundation Inc is a private foundation focused on Education, based in Atlanta, GA. It holds $91K in total assets as of 2024.

How large is Georgia Phi Foundation Inc?

As of 2024, Georgia Phi Foundation Inc holds $91K in total assets with $2K in annual revenue. It awarded 1 grant totaling $16K in 2024.

Where does Georgia Phi Foundation Inc operate?

Georgia Phi Foundation Inc has awarded grants in Georgia.

What size grants does Georgia Phi Foundation Inc award?

In 2024, Georgia Phi Foundation Inc awarded 1 grant totaling $16K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Georgia Phi Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Georgia Phi Foundation Inc reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.