501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
Run by 150 volunteers and 54 employees.
Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $127.3M a year · 48% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$5.0M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Plus $3.01B in investments, Pt X · Ln 11–13
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
10
named funders · $355K
Looks good: 10 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$564.1M
15% of total assets
Looks good: liabilities are 15% of assets; 50% or less.
Pt X · Ln 26
Independent board members
52
of 53 voting members
Looks good: 52 of 53 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$412.9M
+46% vs prior year
Spent
$208.3M
To programs
84%
Net assets
$3.1B
By yearFY2020–FY2025
Revenue
$412.9M
FY2025▲ +46%
Tap a bar for its year
Revenue by fiscal year
FY2020$131.6M
FY2021$246.3M
FY2022$283.9M
FY2023$239.0M
FY2024$282.8M
FY2025$412.9M
Expenses
$208.3M
FY2025▲ +32%
Tap a bar for its year
Expenses by fiscal year
FY2020$94.4M
FY2021$99.7M
FY2022$118.4M
FY2023$154.1M
FY2024$157.5M
FY2025$208.3M
Net assets
$3.1B
FY2025▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.8B
FY2021$2.5B
FY2022$2.4B
FY2023$2.5B
FY2024$2.8B
FY2025$3.1B

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jul 1944.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $174.8M Management & general 14% · $28.6M Fundraising 2% · $5.0M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

62 people listed on the 990; $5.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Investment Officer
$1,627,553Pt VII · Sec A
President & COO
$724,023Pt VII · Sec A
Managing Director - Public Investments
$637,047Pt VII · Sec A
Director - Private Investments
$616,568Pt VII · Sec A
CFO & Secretary
$394,836Pt VII · Sec A
Portfolio Specialist - Global Equities
$267,600Pt VII · Sec A
Chief Information Officer
$256,279Pt VII · Sec A
Investment Officer
$235,287Pt VII · Sec A

Brian Pellegrino’s $1.6M as Chief Investment Officer is at the 87th percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Brian Pellegrino$1,627,553$1,520,778$1,343,187$1,414,664$1,384,455$736,407
Alfredo Trujillo$724,023$696,256$624,400$618,055$391,729$486,285
Lu Yan$637,047$582,398$591,306$518,341$336,779—
Patrick Liu$616,568$543,594$493,834$418,269$258,427$227,512
Cynthia Pekrul$394,836$39,933————
Mark Delorenzo—$247,303$374,832$332,895$273,789$92,194
Brook Scardina—————$346,511
John Crist$267,600$228,265$218,308———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Georgia Tech Foundation INC executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Funds alumni programs and student activities for Georgia Tech.

Questions for Georgia Tech Foundation INC

Tap to ask. Georgia Tech Foundation INC sees how many people are interested.

Your first name shows with your question. Georgia Tech Foundation INC answers here, for everyone.

Provided by the organization

Know this org? Add your story

2 programs · $174.8M · in their own filed words · FY2024
01

Academic and Research Program Support

The foundation provides support for many academic programs and some research programs at georgia tech. This funding includes faculty support through endowed chairs and professorships, curriculum development, faculty grants, library support and renovation and construction of facilities.

$130.7Mprogram expense
02

Scholarships and Fellowships

The foundation provides funding for grants, scholarships, fellowships and loan funds for undergraduate and graduate students at georgia tech. The office of financial aid and academic units at georgia tech select the recipients of the scholarships and fellowships.

$44.1Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 10 funders →
Grants paid · 46 grants · $640.0M · 2019–2024
Georgia Institute of TechnologyGA · FY2024$116,593,824
Georgia Tech Facilities INCGA · FY2024$39,297,303
Emory UniversityGA · FY2024$888,959
University of WashingtonFY2024$100,000
Georgia Tech Global INCFY2024$85,000
Morehouse CollegeGA · FY2024$50,000
Albany State UniversityFY2024$50,000
Clark Atlanta University INCGA · FY2024$47,393
Tuskegee UniversityAL · FY2024$24,014
Savannah State UniversityFY2024$17,500
Jackson State UniversityMS · FY2024$14,450
Spelman CollegeGA · FY2024$9,616
Georgia Institute of TechnologyGA · FY2023$108,067,378
See all 46 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$412.9M
Ln 12
Gifts and grantsLn 1h$236.3M
Investment incomeLn 3$170.7M
Other incomeLn 4–11$5.2M
Money outPt IX
$208.3M
Ln 25
Programscol B$174.8M
Managementcol C$28.6M
Fundraisingcol D$5.0M
Owns and owesPt X
$3.1B
net assets · Ln 32
Cash and savingsLn 1–2$30.5M
Total assetsLn 16$3.7B
LiabilitiesLn 26$564.1M
PeoplePt VI, VII
62
listed · VII A
PaidVII A9
Voting boardVI 1a53
IndependentVI 1b52
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$236.3M
Noncash giftsLn 1g$105.9M
Fees for servicesLn 2g$743K
Investment incomeLn 3$170.7M
Other incomeLn 4–11$5.2M
Gains on assetsLn 7$143.5M
Total revenueLn 12$412.9M
Assets in detailPt X, end of year
SavingsLn 2$30.5M
Cash and savings togetherLn 1–2$30.5M
InvestmentsLn 11–13$3.01B
Land, buildings, equipmentLn 10c$222.6M
Other assetsLn 15$244.1M
Total assetsLn 16$3.7B
LiabilitiesLn 26$564.1M
Net assetsLn 32$3.1B
OperationsPt I, VI
EmployeesI 554
VolunteersI 6150
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$19.9M$30.5M
InvestmentsLn 11–13$2.78B$3.01B
Land, buildings, equipmentLn 10c$222.6M$222.6M
Total assetsLn 16$3.32B$3.66B
LiabilitiesLn 26$564.1M$564.1M
Net assetsLn 32$2.75B$3.09B
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$167.6M$167.6M
Pay of current officers, directors and key staffLn 5$3.1M$3.1M
Other salaries and wagesLn 7$3.5M$3.5M
Pension plan contributionsLn 8$476K$476K
Other employee benefitsLn 9$531K$531K
Payroll taxesLn 10$352K$352K
Management feesLn 11a$28K$28K
Legal feesLn 11b$282K$78K$204K
Accounting feesLn 11c$375K$375K
Lobbying feesLn 11d$60K$60K
Investment management feesLn 11f$15.4M$15.4M
Other fees for servicesLn 11g$2.4M$676K$1.7M
Office expensesLn 13$1.0M$48K$721K$235K
Information technologyLn 14$27K$27K
TravelLn 17$135K$3K$132K
Conferences, conventions and meetingsLn 19$5.1M$3.6M$570K$889K
InterestLn 20$2.3M$2.3M
Depreciation, depletion and amortizationLn 22$312K$248K$64K
InsuranceLn 23$685K$126K$559K
Other expenses (24a–d)Ln 24$4.5M$612K$3.8M
All other expensesLn 24e$279K$279K
Total functional expensesLn 25$208.3M$174.8M$28.6M$5.0M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $412.9M$208.3M$204.6M$3.1B 990 PDF
FY2024 $282.8M$157.5M$125.3M$2.8B 990 PDF
FY2023 $239.0M$154.1M$84.8M$2.5B 990 PDF
FY2022 $283.9M$118.4M$165.5M$2.4B 990 PDF
FY2021 $246.3M$99.7M$146.6M$2.5B 990 PDF
FY2020 $131.6M$94.4M$37.2M$1.8B 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $412,901,728 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $136,026,820$236,274,730
I-9 Program service revenuePrior year $695,909$743,257
I-10 Investment incomePrior year $141,442,657$170,705,704
I-11 Other revenuePrior year $4,682,465$5,178,037
I-12 Total revenuePrior year $282,847,851$412,901,728
I-13 Grants and similar amounts paidPrior year $119,030,932$167,620,749
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $8,923,819$7,967,237
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $29,575,556$32,752,596
I-18 Total expensesPrior year $157,530,307$208,340,582
I-19 Revenue less expensesPrior year $125,317,544$204,561,146
Part VI · Governance 52 of 53 board members independent, 1 to look at
VI-1a Voting members of the governing body53
VI-1b Independent voting members52
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $412,901,728 across 9 lines filed
VIII-1f All other contributions, gifts and grants$236,274,730
VIII-1g Noncash contributions (included above)$105,885,278
VIII-1h Total contributions, gifts and grants$236,274,730
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $743,257$743,257
VIII-3 Investment incomeUnrelated business $3,414,632 · Excluded from tax $23,757,704$27,172,336
VIII-5 RoyaltiesExcluded from tax $1,187,214$1,187,214
VIII-6 Net rental income or lossUnrelated business −$818,959 · Excluded from tax $4,809,782$3,990,823
VIII-7 Net gain or loss on sales of assetsExcluded from tax $143,533,368$143,533,368
VIII-12 Total revenueRelated to mission $743,257 · Unrelated business $2,595,673 · Excluded from tax $173,288,068$412,901,728
Part IX · Statement of functional expenses $208,340,582 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $167,620,749$167,620,749
IX-5 Pay of current officers, directors and key staffManagement $3,105,274$3,105,274
IX-7 Other salaries and wagesManagement $3,502,413$3,502,413
IX-8 Pension plan contributionsManagement $476,163$476,163
IX-9 Other employee benefitsManagement $531,226$531,226
IX-10 Payroll taxesManagement $352,161$352,161
IX-11a Management feesManagement $28,479$28,479
IX-11b Legal feesPrograms $77,771 · Management $204,150$281,921
IX-11c Accounting feesManagement $375,231$375,231
IX-11d Lobbying feesPrograms $60,265$60,265
IX-11f Investment management feesManagement $15,378,447$15,378,447
IX-11g Other fees for servicesPrograms $676,111 · Management $1,704,488$2,380,599
IX-13 Office expensesPrograms $47,861 · Management $720,752 · Fundraising $234,958$1,003,571
IX-14 Information technologyManagement $26,985$26,985
IX-17 TravelPrograms $3,308 · Management $131,818$135,126
IX-19 Conferences, conventions and meetingsPrograms $3,595,944 · Management $569,735 · Fundraising $888,934$5,054,613
IX-20 InterestPrograms $2,299,691$2,299,691
IX-22 Depreciation, depletion and amortizationPrograms $248,075 · Management $64,219$312,294
IX-23 InsurancePrograms $125,978 · Management $558,852$684,830
IX-24 Other expenses (24a–d)Management $611,862 · Fundraising $3,839,446$4,451,308
IX-24e All other expensesManagement $279,236$279,236
IX-25 Total functional expensesPrograms $174,755,753 · Management $28,621,491 · Fundraising $4,963,338$208,340,582
Part X · Balance sheet $3,655,648,379 assets, 17 lines filed
Asset lines not itemized here account for $634,795; see the IRS return.
X-2 Savings and temporary cash investmentsStart of year $19,949,536$30,513,879
X-3 Pledges and grants receivableStart of year $138,891,356$141,660,534
X-4 Accounts receivableStart of year $25,320,774$1,593,100
X-10c Land, buildings and equipment, netStart of year $222,572,199$222,631,825
X-11 Publicly traded securitiesStart of year $171,795,790$148,786,910
X-12 Other securitiesStart of year $2,605,448,320$2,865,690,153
X-15 Other assetsStart of year $130,272,122$244,137,183
X-16 Total assetsStart of year $3,315,225,486$3,655,648,379
X-17 Accounts payable and accrued expensesStart of year $34,139,000$42,560,293
X-19 Deferred revenueStart of year $7,149,495$5,513,013
X-20 Tax-exempt bond liabilitiesStart of year $71,807,074$63,158,026
X-25 Other liabilitiesStart of year $199,626,574$208,854,516
X-26 Total liabilitiesStart of year $564,118,831$564,140,967
X-27 Net assets without donor restrictionsStart of year $408,771,996$463,945,237
X-28 Net assets with donor restrictionsStart of year $2,342,334,659$2,627,562,175
X-32 Total net assets or fund balancesStart of year $2,751,106,655$3,091,507,412
X-33 Total liabilities and net assetsStart of year $3,315,225,486$3,655,648,379
Part XI · Reconciliation of net assets $3,091,507,412 net assets at year end
XI-1 Total revenue$412,901,728
XI-2 Total expenses$208,340,582
XI-3 Revenue less expenses$204,561,146
XI-4 Net assets at start of year$2,751,106,655
XI-5 Net unrealized gains (losses) on investments$132,296,183
XI-9 Other changes in net assets$3,543,428
XI-10 Net assets at end of year$3,091,507,412

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.