University Of Georgia Foundation

Organization Overview

University Of Georgia Foundation is located in Athens, GA. The organization was established in 1944. 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. University Of Georgia Foundation 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, University Of Georgia Foundation generated $241.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $120.1m during the year ending 06/2022. While expenses have increased by 7.7% 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, University Of Georgia Foundation has awarded 30 individual grants totaling $583,191,810. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

THE UNIVERSITY OF GEORGIA FOUNDATION ("THE FOUNDATION") WAS CHARTERED IN 1937 TO ESTABLISH AND MAINTAIN ENDOWMENTS FOR THE SUPPORT OF THE ACADEMIC PROGRAMS OF THE UNIVERSITY OF GEORGIA. THE FOUNDATION MANAGES FUNDS ESTABLISHED WITH THE FOUNDATION IN ACCORDANCE WITH THE INSTRUCTIONS OF THE DONOR AND PROVIDES FINANCIAL SUPPORT UPON REQUEST TO THE UNIVERSITY OF GEORGIA FOR SCHOLARSHIPS, FACULTY SALARY SUPPLEMENT, AWARDS AND LECTURESHIPS AND OPERATING PROGRAMS INVOLVING FUNDRAISING AND CONSTITUENT RELATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Allison Ausband
Executive Vice-Chair
$0
Neal Quirk
Chair
$0
Bonney Shuman
Treasurer
$0
Barry Storey
Secretary
$0
Jason Bull
Cio
$0
Brett Jackson
CFO
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Prime Buchholz Llc
Investing Services
$474,204
Blackbaud Inc
Crm Service
$377,102
Follett Higher Education Group
Supplies/promotional Items
$301,578
Kpmg Llp
Audit Services
$256,000
Los Atlanta Holdings Llc
Rent For Olo Building
$212,033
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$1,149,115
Related organizations$4,652,024
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$142,018,564
Noncash contributions included in lines 1a–1f $22,876,390
Total Revenue from Contributions, Gifts, Grants & Similar$147,819,703
Total Program Service Revenue$2,255,077
Investment income $18,483,960
Tax Exempt Bond Proceeds $0
Royalties $8,527,670
Net Rental Income $0
Net Gain/Loss on Asset Sales $61,930,863
Net Income from Fundraising Events -$228,035
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $241,177,913

Grants Awarded

Over the last fiscal year, University Of Georgia Foundation has awarded $104,473,158 in support to 4 organizations.

Grant RecipientAmount

THE UNIVERSITY OF GEORGIA

PURPOSE: SCHOLARSHIPS & OTHER SUPPORT

$66,142,703

UGA ATHLETIC ASSOCIATION

PURPOSE: SCHOLARSHIPS AND CONSTRUCTION PROJECTS

$38,228,755

NATIONAL MERIT SCHOLARSHIP

Org PageRecipient Profile

Evanston, IL

PURPOSE: SCHOLARSHIPS

$90,000

CHESS & COMMUNITY CONFERENCE

Org PageRecipient Profile

Athens, GA

PURPOSE: PUBLIC SERVICE AND OUTREACH

$11,700
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that University Of Georgia Foundation has recieved totaling $1,846,167.

Awarding OrganizationAmount
Delta Air Lines Foundation

Atlanta, GA

PURPOSE: GRANT FOR THE SUPPORT OF THE ATHLETIC CAPITAL CAMPAIGN AND THE BUTTS MEHRE FOOTBALL OPERATIONS FACILITY

$1,000,000
Delta Air Lines Foundation

Atlanta, GA

PURPOSE: GRANT FOR THE SUPPORT OF THE IDEA HUB IN INNOVATION DISTRICT AND THE STUDENT SUCCESS CENTER IN THE DRIFTMIER ENGINEERING BUILDING

$833,334
Idelson Family Foundation Trust Dtd 7-1-11

Fort Myers, FL

PURPOSE: CHARITABLE CONTRIBUTION

$5,833
James Family Foundation Inc

Charlotte, NC

PURPOSE: SUPPORT PROGRAMMING IN THE COLLEGE OF FAMILY AND CONSUMER SCIENCE

$5,000
Edna P Jacobsen Charitable Trust For Animals Inc

Kensington, MD

PURPOSE: DOG RESEARCH

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,574,505,207
Earnings-$119,289,701
Net Contributions$61,415,697
Other Expense$53,542,712
Ending Balance$1,463,088,491

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