Georgia Tech Applied
THE GEORGIA TECH APPLIED RESEARCH CORPORATION (GTARC) IS ORGANIZED AND OPERATED TO SUPPORT THE RESEARCH ACTIVITIES OF THE GEORGIA INSTITUTE OF TECHNOLOGY IN THE AREAS OF INNOVATIVE RESEARCH, TECHNICAL ASSISTANCE AND ECONOMIC DEVELOPMENT.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$400.6M
+12.6% YoY
Annual Giving
$11.7M
+157.2% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$5.9M
+157.2% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $400,581,870 | $355,628,608 | $314,724,771 |
| Revenue | $903,257,158 | $832,626,634 | $705,926,938 |
| Expenses | $907,100,849 | $823,570,080 | $684,464,528 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,586,360 | $1,605,066 | $129,684 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Georgia Tech Applied fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHAOUKI ABDALLAH | PRESIDENT | 1 | — |
| ROBIN BIENFAIT | TRUSTEE | 0.5 | — |
| SHANTAY BOLTON | TRUSTEE (08/14/23- CURRENT) | 1 | — |
| SCOTT FOUSE | TRUSTEE | 0.5 | — |
| SCOTT FRANK | TRUSTEE | 0.5 | — |
| PATRICK KELLY | TRUSTEE | 0.5 | — |
| TROY LITTLES | TRUSTEE | 1 | — |
| KENNETH MASSARONI | TRUSTEE | 0.5 | — |
| LING-LING NIE | TRUSTEE | 0.5 | — |
| LESLIE SIBERT | TRUSTEE | 0.5 | — |
| REBECCA E WEIRICK | TRUSTEE | 0.5 | — |
| EARL C WYATT | TRUSTEE | 0.5 | — |
| ROBERT FOY | GENERAL MANAGER | 20 | — |
| JAMES HUDGENS | SECRETARY | 1 | — |
| ALBERT CONCORD | FACILITY SECURITY OFFICER | 1 | — |
| CYNTHIA HOPE | VP AND ASST. SECRETARY | 40 | — |
| KIM TOATLEY | TREASURER | 1 | — |
| NEIL VITRO | ASST SEC AND ASST. TREAS. | 20 | — |
| BRUCE HENRY | ASST SEC AND ASST. TREAS. | 1 | — |
| JAMES FORTNER | ASST SEC AND ASST. TREAS. | 1 | — |
| KEVIN WOZNIAK | ASST SEC. | 1 | — |
| ROBERTA BURKE | ASST SEC. | 1 | — |
| TANESHA STEWARD | ASST SEC. | 1 | — |
| ROMY SMITH | ASST SEC. | 1 | — |
| SOPHIA HERBERT-PETERSON | ASST SEC. | 1 | — |
| J ANDREW HOWARD | ASST SEC. (05/12/2023 - CURRENT) | 20 | — |
| MARK MILITELLO | SR. DIRECTOR GTRI ACCT | 1 | — |
| MICHAEL SHANNON | TRUSTEE (01/01/23-06/01/23) | 1 | — |
| STEPHEN CROSS | FORMER TRUSTEE | — | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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