Georgia Research Alliance Inc

Organization Overview

Georgia Research Alliance Inc is located in Atlanta, GA. The organization was established in 1991. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. As of 06/2022, Georgia Research Alliance Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Georgia Research Alliance 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 06/2022, Georgia Research Alliance Inc generated $14.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $14.8m during the year ending 06/2022. While expenses have increased by 8.5% per year over the past 7 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 Research Alliance Inc has awarded 118 individual grants totaling $46,483,827. 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 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ALLOW BUSINESS, RESEARCH UNIVERSITIES AND STATE GOVERNMENT TO COLLABORATE TO BUILD A TECHNOLOGY-DRIVEN ECONOMY FUELED BY INNOVATIVE UNIVERSITY RESEARCH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRA HELPS ATTRACT THE WORLD'S PRE-EMINENT SCIENTISTS TO LEAD EXTRAORDINARY PROGRAMS OF RESEARCH AND DEVELOPMENT AT AFFILIATED GEORGIA RESEARCH UNIVERSITIES. THESE PROGRAMS OFTEN LEAD TO NEW DISCOVERIES IN SCIENCE AND TECHNOLOGY.


GRA SUPPORTS NEW COMPANIES THAT BRING PRODUCTS AND TECHNOLOGIES TO MARKET BY INVESTING IN THE UNIVERSITY TECHNOLOGY NEEDED TO ADVANCE THE COMPANY'S INVENTION IN THE EARLIEST STAGES. GRA VENTURES IS GRA'S SIGNATURE TECHNOLOGY COMMERCIALIZATION PROGRAM. LAUNCHED IN 2002, GRA VENTURES HELPS BUILD HIGH-GROWTH COMPANIES AROUND LABORATORY DISCOVERIES AT GRA'S PARTNER UNIVERSITIES. GRA VENTURES SEEKS OUT UNIVERSITY-BASED RESEARCH INNOVATIONS, EVALUATES THEIR COMMERCIAL POTENTIAL AND PROVIDES RESOURCES TO ADDRESS THE MANAGEMENT, MARKET AND TECHNOLOGY RISKS THAT COME WITH NEW VENTURES.


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Board, Officers & Key Employees

Name (title)Compensation
Susan G Shows
President
$311,539
Amy L Todd
Business Manager
$194,142
Mr Charles Pete H Mctier
Secretary/treasurer
$0
Mr David Ratcliffe
Chair
$0
Dr Angel Cabrera
Trustee
$0
Mr Kevin Blair
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Michael Baxter Communications
Consultant
$142,047
J Kurt Jacobus
Consultant
$135,417
Michael Baxter Communications
Consultant
$142,047
J Kurt Jacobus
Consultant
$135,417
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $11,999,061
All other contributions, gifts, grants, and similar amounts not included above$2,380,744
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,379,805
Total Program Service Revenue$100,000
Investment income $24,732
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $154,336
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $14,658,873

Grants Awarded

Over the last fiscal year, Georgia Research Alliance Inc has awarded $10,060,063 in support to 10 organizations.

Grant RecipientAmount

GEORGIA TECH RESEARCH CORPORATION

PURPOSE: GRA VENTURES GRANTS

$3,172,950

Atlanta, GA

PURPOSE: GRA VENTURES GRANTS

$2,294,891

AUGUSTA UNIVERSITY

Org PageRecipient Profile

Augusta, GA

PURPOSE: GRA VENTURES GRANTS

$2,024,003

UNIVERSITY OF GEORGIA RESEARCH FOUNDATION

Org PageRecipient Profile

Athens, GA

PURPOSE: GRA VENTURES GRANTS

$1,720,000

GEORGIA STATE UNIVERSITY RESEARCH FNDTN

Org PageRecipient Profile

Atlanta, GA

PURPOSE: GRA VENTURES GRANTS

$655,000

KENNESAW STATE UNIVERSITY RESEARCH

PURPOSE: GRA VENTURES GRANTS

$68,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Georgia Research Alliance Inc has recieved totaling $423,785.

Awarding OrganizationAmount
Marcus Foundation Inc

Atlanta, GA

PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE RECIPIENT ORGANIZATION

$150,000
$75,000
The Community Foundation For Greater Atlanta Inc

Atlanta, GA

PURPOSE: SOCIAL SCIENCE

$70,785
The Coca-Cola Foundation Inc

Atlanta, GA

PURPOSE: GEORGIA RESEARCH ALLIANCE: STRENGTHENING THE FOUNDATION FOR FUTURE INNOVATION AND ENTRE- PRENEURSHIP AT GEORGIA'S UNIVERSITIES

$50,000
At&t Foundation

Dallas, TX

PURPOSE: EDUCATION

$25,000
The Kelin Foundation

Atlanta, GA

PURPOSE: GENERAL OPERATING FUNDS

$22,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$518,735
Earnings-$60,649
Ending Balance$458,086

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