THE PURPOSE FOR WHICH THE CORPORATION IS ORGANIZED IS TO PROMOTE AND SUPPORT THE GEORGIA INSTITUTE OF TECHNOLOGY, AN INSTRUMENTALITY OF THE BOARD OF REGENTS OF THE STATE UNIVERSITY SYSTEM OF GEORGIA AND TO ERECT SUCH SUITABLE BUILDINGS AND OTHER FACILITIES AS MAY BE APPROPRIATE TO THE NEEDS AND GOALS OF THE INSTITUTE. GEORGIA TECH FACILITIES, INC. PROVIDED FINANCING AS APPROPRIATE TO MEET THE NEEDS AND GOALS OF THE GEORGIA INSTITUTE OF TECHNOLOGY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$394.8M
+17.9% YoY
Annual Giving
$17.8M
-40.2% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$8.9M
-70.1% YoY
About Georgia Tech Facilities Inc
Based on IRS filings
Georgia Tech Facilities Inc 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 $394.8M in total assets. In 2024, it awarded 2 grants totaling $17.8M. Net investment income was $1.8M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $394,829,399 | $335,005,818 | $373,740,668 |
| Revenue | $39,978,256 | $20,637,393 | $11,738,325 |
| Expenses | $35,530,349 | $43,729,379 | $11,780,284 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $1,828,123 | $692,703 | $-231,223 |
| 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
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Georgia Institute of Technology ($13,291,891), Georgia Tech Athletic Association ($4,509,972).
| Recipient | Purpose | Amount |
|---|---|---|
| GEORGIA INSTITUTE OF TECHNOLOGY ATLANTA, GA | see Part IV. Monitoring of the process consists of periodic financial and operational review by officers and board members. | $13,291,891 |
| GEORGIA TECH ATHLETIC ASSOCIATION ATLANTA, GA | see Part IV. Monitoring of the process consists of periodic financial and operational review by officers and board members. | $4,509,972 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN MCLAUGHLIN | PROVOST & EXECUTIVE VP | 1 | — |
| JAMES G FORTNER | VP OF FINANCIAL PLANNING | 1 | — |
| THOMAS J PIERCE III | TREASURER | 4 | — |
| JENNIFER BENTSON | SECRETARY | 4 | — |
| TANESHA STEWARD | EXECUTIVE DIRECTOR | 4 | — |
| KELLY MACARTHUR | FORMER OFFICER | — | — |
| HOLLY SEEL | ASST TREASURER | 4 | — |
| KANEISHA EDWARDS | ASST TREASURER | 4 | — |
| JACK J FAUSSEMAGNE | CHAIRMAN | 1 | — |
| STAN ANDERSON | DIRECTOR | 1 | — |
| JENI BOGDAN | DIRECTOR | 1 | — |
| TYLER GAINES | DIRECTOR | 1 | — |
| KAREN THURMAN | DIRECTOR | 1 | — |
| JACOB TZEGAEBE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Georgia Tech Facilities Inc?
Georgia Tech Facilities Inc is a nonprofit organization focused on Education, based in ATLANTA, GA. It holds $394.8M in total assets as of 2024.
How large is Georgia Tech Facilities Inc?
As of 2024, Georgia Tech Facilities Inc holds $394.8M in total assets with $40.0M in annual revenue. It awarded 2 grants totaling $17.8M in 2024.
Where does Georgia Tech Facilities Inc operate?
Georgia Tech Facilities Inc has awarded grants in Georgia.
What size grants does Georgia Tech Facilities Inc award?
In 2024, Georgia Tech Facilities Inc awarded 2 grants totaling $17.8M — an average of about $8.9M per grant, based on its IRS Form 990 filings.
What is Georgia Tech Facilities Inc's EIN?
Georgia Tech Facilities Inc's EIN (Employer Identification Number) is 52-1442293. 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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