Overview
What is University System Of Georgia Foundation Inc & Affiliates?
The University System of Georgia Foundation Inc & Affiliates is a nonprofit organization based in Atlanta, Georgia. Their primary goal is to support Georgia's university system and its 26 colleges and universities by constructing projects and renting them to institutions within the system, which is facilitated by real estate owned by the Board of Regents of the University System of Georgia. Currently, 25 projects worth $556 million have been financed through the USG Real Estate Foundations. With a team of five employees, the University System of Georgia Foundation aims to ensure access to academic excellence and educational opportunities for all Georgians, aligning with the University System of Georgia's mission to advance its work consistently with its strategic plan.
Official website here: www.usgfoundation.org
Is University System Of Georgia Foundation Inc & Affiliates legitimate?
University System Of Georgia Foundation Inc & Affiliates is a legitimate nonprofit organization registered as a 501(c)(3) entity. University System Of Georgia Foundation Inc & Affiliates 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: $344,277
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,594
For more financial information, click here
Official website here: www.usgfoundation.org
What is the mission statement of University System Of Georgia Foundation Inc & Affiliates?
The University System of Georgia Foundation Inc & Affiliates aim to support Georgia's university system and its 26 colleges and universities, ensuring access to academic excellence and educational opportunities for all Georgians. The mission of the University System of Georgia, which the Foundation is a part of, is to advance its work in accordance with the university system's strategic plan. The USG Foundation has formed real estate foundations to construct projects and rent them to colleges and universities within the system, financing 25 projects on 18 campuses worth a total of $556 million. These efforts contribute to enhancing the educational landscape of the universities in Georgia.
Official website here: www.usgfoundation.org
Who is the CEO of University System Of Georgia Foundation Inc & Affiliates?
Kirby A Thompson is the Vice Chancellor For Development of University System Of Georgia Foundation Inc & Affiliates.
Official website here: www.usgfoundation.org
What is the revenue of University System Of Georgia Foundation Inc & Affiliates?
University System Of Georgia Foundation Inc & Affiliates's revenue in 2022 was $27,810,587.
Official website here: www.usgfoundation.org
Who are the executives of University System Of Georgia Foundation Inc & Affiliates and what are their salaries?
The average compensation at University System Of Georgia Foundation Inc & Affiliates during 2022 was $101,574. There are 5 employees and 30 volunteers at University System Of Georgia Foundation Inc & Affiliates.
Here are 17 key members and their salaries:
- Karen Mccauley (Vice Chancellor For Development)
- Christina Paloski (Director Of Finance And Operations)
- Teddy Russell (Chair) [Trustee/Director]
- Kirby A Thompson (Secretary) [Trustee/Director]
- Ty Smith (Treasurer) [Trustee/Director]
- Philip A Wilheit Sr (President Usgref Manager, Llc) [Trustee/Director]
- George Brooks (Trustee)
- Cade Joiner (Trustee)
- Steve L Kruger (Trustee)
- Sarah-Elizabeth Langford (Trustee)
- Donald Leebern Iii (Trustee)
- Jere Morehead (Trustee)
- Neil L Pruitt Jr (Trustee)
- Rodney K Sanders (Trustee)
- T Dallas Smith (Trustee)
- Elizabeth A Terrell (Trustee)
- Don L Waters (Trustee)
Official website here: www.usgfoundation.org
Where can I find the form 990 for University System Of Georgia Foundation Inc & Affiliates?
The University System Of Georgia Foundation Inc & Affiliates’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.usgfoundation.org
Learn more at the official website: www.usgfoundation.org
Mission Statement of University System Of Georgia Foundation Inc & Affiliates
University System of Georgia Foundation Inc & Affiliates, a key cooperative organization under the Board of Regents, is dedicated to supporting and advancing the work of the University System of Georgia and its 26 colleges and universities. Their primary objective is to ensure access to academic excellence and educational opportunities for all Georgians.
To accomplish this mission, the Foundation engages in real estate projects. They have formed USG Real Estate Foundations for the purpose of constructing projects and then renting these completed structures to colleges and universities within the University System of Georgia. These foundations have successfully financed 25 projects on 18 campuses, totaling a significant investment of $556 million. Through these efforts, the Foundation is able to provide essential facilities for educational institutions in the University System of Georgia.
Impact
This information is meant to be a general summary of University System Of Georgia Foundation Inc & Affiliates. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The University System Of Georgia Foundation Inc & Affiliates plays a crucial role in supporting and advancing the work of the University System of Georgia, ensuring access to academic excellence and educational opportunities for all Georgians. Through initiatives such as real estate support, they have financed numerous projects on college and university campuses within the state, totaling $556 million to date. Their impact is instrumental in furthering the mission of the University System of Georgia and enhancing the educational landscape in the state.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST-DIRECT FINANCING LEASE
Revenue
$20,601,571
LEASE INCOME
Revenue
$4,188,536
SERVICE CONTRACT REVENUE
Revenue
$579,637
MANAGEMENT FEES
Revenue
$18,686
REGISTRATION FEES
Revenue
$13,125
Organization Details
Founding Year
1995
Phone
(404) 962-3058
Principal Officer
Kirby A Thompson
Main Address
270 WASHINGTON ST SW 7002, ATLANTA, GA, 30334
Website
www.usgfoundation.org
NTEE Category
Code: B12 - Education
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