Georgia State University Foundation Inc

Organization Overview

Georgia State University Foundation Inc is located in Atlanta, GA. The organization was established in 1961. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia State University Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Georgia State University Foundation Inc generated $75.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $41.8m during the year ending 06/2023. While expenses have increased by 1.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Georgia State University Foundation Inc has awarded 35 individual grants totaling $180,656,551. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT THE MISSION AND BEST INTERESTS OF GEORGIA STATE UNIVERSITY

Describe the Organization's Program Activity:

PROGRAM SUPPORT: THE GSU FOUNDATION PROVIDED THE UNIVERSITY SUPPORT FOR EDUCATION, FACILITIES, ACTIVITIES AND PROGRAMS OF THE UNIVERSITY. PRIVATE GIFT SUPPORT HELPS PROVIDE SPACE, ENVIRONMENT AND TECHNOLOGIES THAT PROMOTE THE HIGHEST LEVEL OF TEACHING, LEARNING AND RESEARCH.


STUDENT SUPPORT: THE GSU FOUNDATION PROVIDED THE UNIVERSITY SUPPORT FOR STUDENTS. STUDENTS RECEIVED BOTH MERIT AND NEED BASED SCHOLARSHIP SUPPORT ACROSS ALL PROGRAMS AND UNITS OF THE UNIVERSITY. PRIVATE GIFT SUPPORT IS CRITICAL TO REACHING OUR GOAL OF HAVING ALL WILLING STUDENTS ABLE TO EXPLORE THEIR EDUCATIONAL OPPORTUNITIES, EXPERIENCE COLLEGE LIFE, AND EFFICIENTLY MANAGE TUITION COSTS AND DEBT LOADS.


FACULTY AND STAFF SUPPORT: UNIVERSITY FACULTY AND STAFF RECEIVED ADDITIONAL SUPPORT ALLOWING FOR INCREASED RESEARCH OPPORTUNITIES AND IMPROVED CLASSROOM EXPERIENCES FOR ALL STUDENTS. PRIVATE GIFT SUPPORT HELPS MEET THE UNIVERSITY'S GOAL TO ATTRACT AND RETAIN WORLD CLASS FACULTY TO TEACH OUR STUDENTS AND EXPAND OUR RESEARCH.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Glass Inc
Construction
$242,242
Evertrue
Fundraising Subscription
$195,000
Cohw Summerhill
Construction - Signage Mgmt
$166,041
Zuri Group
Fundraising System Consultant
$164,618
Bryant Group
Executive Search Consultant
$110,969
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$159,032
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$47,874,442
Noncash contributions included in lines 1a–1f $300,495
Total Revenue from Contributions, Gifts, Grants & Similar$48,033,474
Total Program Service Revenue$19,759,989
Investment income $9,638,938
Tax Exempt Bond Proceeds $0
Royalties $86
Net Rental Income $0
Net Gain/Loss on Asset Sales -$2,354,859
Net Income from Fundraising Events -$46,933
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $75,121,053

Grants Awarded

Over the last fiscal year, Georgia State University Foundation Inc has awarded $16,873,576 in support to 4 organizations.

Grant RecipientAmount

GEORGIA STATE UNIVERSITY

PURPOSE: OPERATIONS

$1,832,230

GEORGIA STATE UNIVERSITY

PURPOSE: TEACHING SALARY SUPPLEMENTS

$5,214,984

GEORGIA STATE UNIVERSITY

PURPOSE: UNIVERSITY FACILITY RENOVATIONS

$2,142,362

GEORGIA STATE UNIVERSITY

PURPOSE: SCHOLARSHIPS AND AWARDS

$7,684,000
View Grant Profile

Peer Organizations

Organization NameAssets
Georgia Tech Foundation Inc
Atlanta, GA
$283,884,508
University Of South Florida Foundation Inc
Tampa, FL
$141,849,189
Nc State Investment Fund Inc
Raleigh, NC
$192,914,509
Florida State University Foundation Inc
Tallahassee, FL
$96,038,685
Florida International University Foundation Inc
Miami, FL
$69,597,402
Spelman College Special Ventures Fund Inc
Atlanta, GA
$24,739,812
Seminole County Coalition For School Readiness Inc
Longwood, FL
$64,429,983
Gator Boosters Inc
Gainesville, FL
$63,786,979
Auburn University Foundation
Auburn, AL
$105,901,553
Unc Health Foundation Inc
Chapel Hill, NC
$57,795,670
University Of South Carolina Educational Foundation
Columbia, SC
$89,201,263
Seminole Boosters Inc
Tallahassee, FL
$48,392,781
Robert W Woodruff Health Sciences Center Fund Inc
Atlanta, GA
$94,265,802
University Of Florida Research Foundation Inc
Gainesville, FL
$46,757,527
Kennesaw State University Foundation Inc
Kennesaw, GA
$60,637,080
University Of Central Florida Foundation Inc
Orlando, FL
$95,495,619
Georgia State University Foundation Inc
Atlanta, GA
$75,121,053
Miami Dade College Foundation Inc
Miami, FL
$53,791,154
Shorter University Inc
Rome, GA
$39,445,998
North Carolina State University Foundation Inc
Raleigh, NC
$52,520,062
Clemson University Foundation
Clemson, SC
$112,486,660
Citadel Foundation
Charleston, SC
$33,560,971
University Of Memphis Foundation
Memphis, TN
$38,710,840
Securing Assets For Education
Moncks Corner, SC
$31,709,846
Jessie Ball Dupont Religious Charitable & Educational Fund
Jacksonville, FL
$21,415,423

Create an account to unlock the data you need.

or