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
Ready to take the next step with Georgia Tech Facilities Inc?
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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
Rhedcloud Foundation Inc
DECATUR, GA
Assets
$6K
Grants
1
Total Given
$13K
Atlanta Committee for Progress Inc
ATLANTA, GA
Assets
$2.1M
Grants
1
Total Given
$15K
Atlanta Postal Credit Union
ATLANTA, GA
Assets
$2.4B
Grants
4
Total Given
$308K
Justice for Children Foundation Inc
SAVANNAH, GA
Assets
$24K
Grants
0
Total Given
—
Southeast Area Blood Bankers
PEACHTREE CITY, GA
Assets
$33K
Grants
0
Total Given
—
Courts Foundation Inc
ATLANTA, GA
Assets
$38.3M
Grants
1
Total Given
$1.6M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Georgia Tech Facilities Inc on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities