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Georgia Tech Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 586043294 ✦ Atlanta, GA ✦ Designated as a 501(c)(3)

Overview

What is Georgia Tech Foundation Inc?

The Georgia Tech Foundation Inc, located unspecified, is a dedicated organization that fosters and manages charitable contributions in aid of the Georgia Institute of Technology's academic success. Its dedicated Board of Trustees, officers, and staff work together to further this mission in the esteemed tradition of the institution. The foundation does not provide a detailed description of its activities or programs in the given information.


Official website here: www.gtf.gatech.edu

Is Georgia Tech Foundation Inc legitimate?

Georgia Tech Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Tech Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $2,477,897
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,986,092

For more financial information, click here


Official website here: www.gtf.gatech.edu

What is the mission statement of Georgia Tech Foundation Inc?

The Georgia Tech Foundation's primary objective is to cultivate and oversee donations intended for the enhancement of Georgia Institute of Technology's academic pursuits. The foundation's board, officers, and staff work diligently to uphold this mission in the proud tradition of the esteemed academic institution. Through their stewardship of gifts, they contribute significantly to the promotion of academic excellence at Georgia Tech. The foundation plays a crucial role in accepting and managing contributions, ensuring they align with the institution's academic goals. This dedicated effort enables the Georgia Institute of Technology to continue its pursuit of knowledge and innovation.


Official website here: www.gtf.gatech.edu

Who is the CEO of Georgia Tech Foundation Inc?

Mark Delorenzo is the President Ga Institute Of of Georgia Tech Foundation Inc.


Official website here: www.gtf.gatech.edu

What is the revenue of Georgia Tech Foundation Inc?

Georgia Tech Foundation Inc's revenue in 2022 was $283,884,508.


Official website here: www.gtf.gatech.edu

Who are the executives of Georgia Tech Foundation Inc and what are their salaries?

The average compensation at Georgia Tech Foundation Inc during 2022 was $137,532. There are 47 employees and 150 volunteers at Georgia Tech Foundation Inc.

Here are 62 key members and their salaries:

    Brian Pellegrino (Chief Investment Officer)
  • Compensation: $1,414,664
  • Related: $0
  • Other: $29,836

    • Dr Angel Cabrera (President Ga Institute Of) [Trustee/Director]
  • Compensation: $0
  • Related: $661,851
  • Other: $125,774

    • Alfredo Trujillo (President & Coo)
  • Compensation: $618,055
  • Related: $0
  • Other: $50,738

    • Lu Yan (Managing Director - Investments)
  • Compensation: $518,341
  • Related: $0
  • Other: $41,661

    • Patrick Liu (Director - Private Investments)
  • Compensation: $418,269
  • Related: $0
  • Other: $56,196

    • Mark Delorenzo (Cfo & Secretary)
  • Compensation: $332,895
  • Related: $0
  • Other: $52,530

    • Dwight Dozier (Chief Information Officer)
  • Compensation: $215,155
  • Related: $0
  • Other: $36,004

    • Grace Moore (Portfolio Specialist - Global Equities)
  • Compensation: $191,306
  • Related: $0
  • Other: $48,007

    • Robert Thompson (Investment Officer)
  • Compensation: $201,740
  • Related: $0
  • Other: $23,547

    • Gregory J Owens (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas M Holder (Vice Chair - Chair Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James R Borders (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph W Evans (Past Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rodney C Adkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael K Anderson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela W Arlotto (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laurie D Bagley (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kelly H Barrett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David A Bottoms (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul J Brown (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frances L Cashman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karl F Dasher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mario M De La Guardia Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen M Deedy (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert L Dixon Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David W Dorman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walter G Ehmer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James O Etheredge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas A Fanning (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David D Flanagan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheldon J Fox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lara O Hodgson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard B Inman Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christopher W Klaus (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger A Krone (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrea L Laliberte (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wonya Y Lucas (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John S Markwalter Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert A Milton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • T Katrina Montinola (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah A Nash (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael A Neal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas E Noonan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shantan R Pesaru (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randall E Poliner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brady L Rackley Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Magd M Riad (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carl D Ring (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frances G Rogers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David P Rowland (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricardo Salgado (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronda R Sides (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teresa M Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jocelyn M Stargel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert N Stargel Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendi C Sturgis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark C Teixeira (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen C Thurman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John A White Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janice N Wittschiebe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenn T Wright (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • S Brent Zelnak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.gtf.gatech.edu

    Where can I find the form 990 for Georgia Tech Foundation Inc?

    The Georgia Tech Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.gtf.gatech.edu

    Learn more at the official website: www.gtf.gatech.edu

    Mission Statement of Georgia Tech Foundation Inc

    The Georgia Tech Foundation, a mission-driven organization, is dedicated to nurturing and overseeing contributions given to uphold the Georgia Institute of Technology's academic excellence. The Foundation's Board of Trustees, officers, and staff work tirelessly to facilitate these gifts, staying true to the university's proud legacy. By fostering an environment that encourages academic growth, the Georgia Tech Foundation plays a pivotal role in furthering the Georgia Institute of Technology's educational pursuits.

    Impact

    This information is meant to be a general summary of Georgia Tech Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of the Georgia Tech Foundation Inc is seen through its mission to foster and manage gifts that support academic excellence in the spirit and traditions of the Georgia Institute of Technology. These gifts contribute significantly to advancing education and research in various fields, benefiting students, faculty, and the community. By providing vital support to the institute, the foundation plays a key role in enhancing the quality of education and research at Georgia Tech, ultimately shaping future leaders and innovators. Their work helps to ensure the continuation of the institute's legacy of excellence and its positive impact on society.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $177,362,548
  • Program Service Revenue: $773,490
  • Gross Receipts: $1,082,495,462

    • Assets and Liabilities:
  • Total Assets: $3,069,200,897
  • Total Liabilities: $623,353,563
  • Net Assets: $2,445,847,334
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    INVESTMENT FEE INCOME

    Revenue

    $751,472

    COST RECOVERIES

    Revenue

    $22,018

    Organization Details

    Founding Year

    1932

    Principal Officer

    Mark Delorenzo

    Main Address

    760 SPRING ST NW STE 400, ATLANTA, GA, 30308

    NTEE Category

    Code: B82 - Education

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