Medical College of Georgia Foundation Incorporated
The misson of the medical college of Georgia foundation is to improve the quality of life of the people of Georgia, the nation, and the world by supporting the advancement of education, research, and patient care at augusta university.
Medical College of Georgia Foundation Incorporated at a glance
In short: Medical College of Georgia Foundation Incorporated gave $10.5M across 1 grant in 2025 (avg $10.5M), mostly in Georgia. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $10,537,103
- +0.2% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $10,537,103
- +0.2% vs 2024
- Median grant
- $10,537,103
- Total assets
- $419,870,107
- +9.9% vs 2024
- Primary geography
- Georgia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Medical College of Georgia Foundation Incorporated funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Augusta University ($10.5M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Medical College of Georgia Foundation Incorporated gives
- Giving held roughly steady from 2022 to 2025 (+12%). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $7.7M (2020) to $10.5M (2025). In 2025 it made 1 grant totaling $10.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Augusta University Augusta, GA | Institutional Support | $10,537,103 |
Ready to take the next step with Medical College of Georgia Foundation Incorporated?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $419,870,107 | $28,300,156 | $14,907,357 | $10,537,103 | 1 | $7,399,288 |
| 2024 | $382,049,040 | $17,618,239 | $13,845,038 | $10,517,376 | 1 | $3,395,518 |
| 2023 | $348,977,270 | $16,214,900 | $12,614,609 | $9,487,963 | 1 | $2,748,851 |
| 2022 | $324,381,172 | $14,423,527 | $12,128,467 | $9,446,357 | 1 | $4,088,011 |
| 2021 | $352,081,028 | $12,607,438 | $10,512,793 | $7,875,596 | 1 | $1,804,980 |
| 2020 | $273,325,909 | $-11,146,185 | $10,173,087 | $7,734,111 | 1 | $-14,180,077 |
About Medical College of Georgia Foundation Incorporated
Based on IRS filings
Medical College of Georgia Foundation Incorporated is a public charity focused on Education, based in Augusta, GA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $419.9M in total assets. In 2025, it awarded 1 grant totaling $10.5M. Net investment income was $7.4M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Medical College of Georgia Foundation Incorporated is led by Ian S. Mercier, President & CEO on every filing since 2020; 5 of 28 officers listed in 2025 are compensated.
Officers on the 2025 filing
Ian S. Mercier
President & CEO
On filings since 2020
40 hrs/week
$235K (2020) → $307K (2025)
Martyn Jones
Paceline President
Paceline President → President - Paceline Ride & Llc, 2024
President - Paceline Ride & Llc → Paceline President, 2025
On filings since 2020
40 hrs/week
$190K (2020) → $198K (2025)
Charles G. Green Jr. MD
Chairman
2nd Vice Chair → Chairman, 2023
On filings since 2020
0.3 hrs/week
No compensation reported
Buffi G. Boyd MD
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Carole M. Hanes DMD
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Don Grantham
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Ellen Goodrich Bsn Mn
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Joshua A. Lane MD
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Murray A. Freedman MD
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Richard M. Franza PhD
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Ron Spearman MD
Director
On filings since 2020
0.3 hrs/week
No compensation reported
Tat Thompson
Director
On filings since 2020
0.3 hrs/week
No compensation reported
James Davis Md Facra
Director
On filings since 2021
0.3 hrs/week
No compensation reported
Terri G. Lockhart Md Facp
Director
On filings since 2022
0.3 hrs/week
No compensation reported
A. Lynne Brannen Ii Md Fccp
Director
On filings since 2023
0.3 hrs/week
No compensation reported
Vendie Hhooks MD
Director
On filings since 2023
0.3 hrs/week
No compensation reported
John Stewart MD
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Juli Means
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Mark Ellison MD
Director
On filings since 2024
0.3 hrs/week
No compensation reported
Anil Puri
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Penny Houston
Director
New on the 2025 filing
0.3 hrs/week
No compensation reported
Angela Rees
COO & CFO
CFO → COO & CFO, 2024
On filings since 2020
40 hrs/week
$119K (2020) → $175K (2025)
James Holmes
Paceline Vice President
Vice President & Paceline → Vice President - Paceline Ride & Llc, 2024
Vice President - Paceline Ride & Llc → Paceline Vice President, 2025
On filings since 2023
40 hrs/week
$120K (2023) → $120K (2025)
John Ellinger
Directory It
Director of It → Directory It, 2025
On filings since 2023
40 hrs/week
$106K (2023) → $115K (2025)
J. Benjamin Deal DMD
Past Chairman
Chairman → Past Chairman, 2023
On filings since 2020
0.3 hrs/week
No compensation reported
Loyd B. Schnuck Jr. MD
Secretary & Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Paul G. Turk MD
Vice Chair
1st Vice Chair → Director, 2023
Director → Vice Chair, 2025
On filings since 2020
0.3 hrs/week
No compensation reported
Russell Keen EdD
Executive Officio
New on the 2025 filing
0.3 hrs/week
No compensation reported
Former officers (10)
- Former: Brooks Keel PhD (2020–2024) — Executive Officio
- Former: Judith V. Hodnett Rn Msn (2020–2023) — Director
- Former: Sam W. Richwine Jr. MD (2020–2023) — Director
- Former: Tim Kearney (2020–2023) — COO
- Former: James M. Hull Lhd (2020–2022) — Director
- Former: Benjamin H. Cheek MD (2020–2021) — Director
- Former: Christopher J. Mann MD (2020–2021) — Director
- Former: Harvey L. Simpson MD (2020–2021) — Director
- Former: Sandra N. Freedman MD (2020–2021) — Director
- Former: Sylvester McRae MD (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $307K, to Ian Mercier (President/CEO). 5 officers or directors reported compensation on that filing.
Frequently asked questions about Medical College of Georgia Foundation Incorporated
How much does Medical College of Georgia Foundation Incorporated give each year?
Medical College of Georgia Foundation Incorporated gave $10.5M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $10.5M across 1 grant.
How large is Medical College of Georgia Foundation Incorporated?
Medical College of Georgia Foundation Incorporated reported $419.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $28.3M.
What is Medical College of Georgia Foundation Incorporated?
Medical College of Georgia Foundation Incorporated is a public charity focused on Education, based in Augusta, GA. It holds $419.9M in total assets as of 2025.
Where does Medical College of Georgia Foundation Incorporated operate?
Medical College of Georgia Foundation Incorporated has awarded grants in Georgia.
What is Medical College of Georgia Foundation Incorporated's EIN?
Medical College of Georgia Foundation Incorporated's EIN (Employer Identification Number) is 58-0706796. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Medical College of Georgia Foundation Incorporated funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Medical College of Georgia Foundation Incorporated's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Battelle Memorial Institute
Columbus, OH
Battelle funds STEM and other education programs, as well as human services, arts and sciences, and economic development; its Central Ohio STEM grants support out-of-school K–12 programs, especially for underserved students. Its 2025 grants had a median of $12,300, with giving concentrated in Ohio, Virginia, New Mexico, Idaho, and Tennessee.
Assets
$1.9B
Grants
151
Total Given
$17.9M
Peter Fogliano & Hal Lester
Carmel, CA
Assets
$933K
Grants
9
Total Given
$92K
Amyotrophic Lateral Sclerosis Assn
Arlington, VA
The Amyotrophic Lateral Sclerosis Association funds ALS research, care services, clinics, assistive technology, education, and advocacy, with grants awarded to organizations across the United States. In 2025, grants ranged from $6,750 to $250,000, with a median of $50,000. It accepts applications through specific programs: research applicants submit a letter of intent, and full proposals are by invitation; clinic programs have separate application processes.
Assets
$100.4M
Grants
185
Total Given
$11.9M
Lettie Pate Whitehead Foundation Inc
Atlanta, GA
The foundation funds need-based undergraduate scholarships for female Christian students through participating institutions in Alabama, Florida, Georgia, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, and Virginia, and supports care for senior women at facilities in Georgia, North Carolina, and Virginia. In 2024, grants ranged from $72,500 to $2,939,000, with a median of $254,000. It does not fund individuals, and institutions not already supported are rarely added; current grantees apply through the foundation’s grant process.
Assets
$990.9M
Grants
208
Total Given
$63.3M
Augusta University Research Institute Inc
Augusta, GA
Augusta University Research Institute, inc. (the "institute") was incorporated under the laws of the state of Georgia as a nonprofit corporation on july 31, 1980. The institute qualified as a tax-exempt corporation under section 501(c)(3) of the internal revenue code. The purpose of the institute is to serve augusta university (the "university") and enhance its excellence as a research institution. The institute contributes to the research function of the university by securing gifts, contributions, and grants from obtaining contracts with such individuals or entities for the performance of sponsored research, development, or other programs in the various university schools, departments, and other units within the au enterprise.
Assets
$29.5M
Grants
1
Total Given
$98.5M
Isaf Family Foundation Inc
Atlanta, GA
Assets
$935K
Grants
8
Total Given
$54K
More similar funders
More Funders in Georgia
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Medical College of Georgia Foundation Incorporated's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Medical College of Georgia Foundation Incorporated down — hundreds of funders to go?