Georgia Tech Facilities Inc
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
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
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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 .
Who else does Georgia Tech Facilities Inc fund?
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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 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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