Overview
What is Georgia Tech Foundation Funding Corporation?
Georgia Tech Foundation Funding Corporation is a nonprofit entity based in Atlanta, Georgia, specifically at 760 Spring Street NW Suite 400, GA 30308. Its primary role is to extend financial assistance to the Georgia Tech Foundation, Inc., with the purpose of facilitating renovations and construction projects. The organization's mission is to support the Georgia Tech Institute of Technology by aiding the Georgia Tech Foundation in acquiring real estate or other projects. The Georgia Tech Foundation Funding Corporation is committed to contributing to the growth and development of the Georgia Tech Institute of Technology.
Is Georgia Tech Foundation Funding Corporation legitimate?
Georgia Tech Foundation Funding Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Georgia Tech Foundation Funding Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Georgia Tech Foundation Funding Corporation?
The Georgia Tech Foundation Funding Corporation's mission is to aid the Georgia Tech Foundation in acquiring real estate or other projects, contributing to the support of the Georgia Tech Institute of Technology. This is achieved through grants and allocations intended for renovation and construction projects. In essence, the corporation's role is to facilitate the foundation's initiatives in enhancing the Georgia Tech Institute of Technology's infrastructure.
Who is the CEO of Georgia Tech Foundation Funding Corporation?
Mark Delorenzo is the Chair of Georgia Tech Foundation Funding Corporation.
What is the revenue of Georgia Tech Foundation Funding Corporation?
Georgia Tech Foundation Funding Corporation's revenue in 2022 was $129,884.
Who are the executives of Georgia Tech Foundation Funding Corporation and what are their salaries?
There 5 volunteers at Georgia Tech Foundation Funding Corporation.
Here are 7 key members and their salaries:
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- Related: $618,055
- Other: $50,738
- Compensation: $0
- Related: $332,895
- Other: $52,530
Where can I find the form 990 for Georgia Tech Foundation Funding Corporation?
Georgia Tech Foundation Funding Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Georgia Tech Foundation Funding Corporation
Georgia Tech Foundation Funding Corporation is an organization with a mission to aid the Georgia Tech Foundation in the acquisition of real estate or other projects, all in support of the Georgia Tech Institute of Technology. In simpler terms, this corporation provides financial assistance to the Georgia Tech Foundation to facilitate the procurement of necessary resources and infrastructure for the Georgia Tech Institute of Technology. These resources may include, but are not limited to, renovations and constructions, as indicated by the grants and allocations made by the corporation to the Georgia Tech Foundation.
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Impact
October, 2024
Georgia Tech Foundation Funding Corporation plays a significant role in supporting the Georgia Institute of Technology by facilitating the acquisition of real estate and other projects essential for the institution's growth and development. Through grants and allocations to the Georgia Tech Foundation, the Corporation aids in renovation and construction initiatives that enhance the campus environment and overall educational experience. This financial support directly contributes to advancing the resources and facilities available to students and faculty, ultimately fostering a stronger academic community in Atlanta, GA. By enabling strategic investments in infrastructure, the Corporation helps ensure that Georgia Tech remains a leading institution in education and innovation.
This information is meant to be a general summary of Georgia Tech Foundation Funding Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $129,884
Assets and Liabilities:
- Total Assets: $12,885,557
- Total Liabilities: $12,881,604
- Net Assets: $3,953
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Organization Details
Founding Year
2001
Phone
(404) 894-8345Principal Officer
Mark Delorenzo
Main Address
760 SPRING STREET NW SUITE 400, ATLANTA, GA, 30308
NTEE Category
Code: B11 - Education
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