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Medical College of Georgia Foundation

AUGUSTA, GA EIN: 58-0706796 Website

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.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$382.0M

+9.5% YoY

Annual Giving

$10.5M

+10.8% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$10.5M

+10.8% YoY

About Medical College of Georgia Foundation

Based on IRS filings

Medical College of Georgia Foundation is a nonprofit organization focused on Education, based in AUGUSTA, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $382.0M in total assets. In 2024, it awarded 1 grants totaling $10.5M. Net investment income was $3.4M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Augusta

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$19M20202021202220232024
Metric202420232022
Total Assets$382,049,040$348,977,270$324,381,172
Revenue$17,618,239$16,214,900$14,423,527
Expenses$13,845,038$12,614,609$12,128,467
Qualifying Distributions
Net Investment Income$3,395,518$2,748,851$4,088,011
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$5M$8M$11M1 grants20201 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

AUGUSTA UNIVERSITY$10.5M

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M5$5M+

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

IAN MERCIERPRESIDENT/CEO$307KMARTYN JONESPRESIDENT - PACELINE RIDE, LLC$198KANGELA REESCOO/CFO$175KJAMES HOLMESVP - PACELINE RIDE, LLC$120KJOHN ELLINGERDIRECTOR OF IT$115K

From 2024 filing

NameTitleHoursCompensation
CHARLES G GREEN JR MDCHAIRMAN0.3
CAROLE M HANES DMDDIRECTOR0.3
JULI MEANSDIRECTOR0.3
A LYNNE BRANNEN II MD FCCPDIRECTOR0.3
PAUL G TURK MDDIRECTOR0.3
VENDIE HHOOKS MDDIRECTOR0.3
TERRI G LOCKHART MD FACPDIRECTOR0.3
JAMES DAVIS MD FACRADIRECTOR0.3
MURRAY A FREEDMANDIRECTOR0.3
ELLEN GOODRICH BSN MNDIRECTOR0.3
JOSHUA A LANEDIRECTOR0.3
TAT THOMPSONDIRECTOR0.3
MARK ELLISON MDDIRECTOR0.3
JOHN STEWART MDDIRECTOR0.3
RON SPEARMAN MDDIRECTOR0.3
RICHARD M FRANZA PHDDIRECTOR0.3
BUFFI G BOYD MDDIRECTOR0.3
DON GRANTHAMDIRECTOR0.3
BROOKS KEEL PHDEX OFFICIO0.3
J BENJAMIN DEAL DMDPAST CHAIRMAN0.3
LOYD B SCHNUCK JR MDSECRETARY/TREASURER0.3
ANGELA REESCOO/CFO40$175,440
MARTYN JONESPRESIDENT - PACELINE RIDE, LLC40$198,000
IAN MERCIERPRESIDENT/CEO40$306,740
JOHN ELLINGERDIRECTOR OF IT40$114,800
JAMES HOLMESVP - PACELINE RIDE, LLC40$119,900

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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