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UNIVERSITY SYSTEM OF GEORGIA FOUNDATION INC

EIN 58-6333106 ATLANTA, GA

Revenue 2023
$29,321,726
Expenses 2023
$20,484,259

Program services were 97.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B12
Classification
1000
Street
270 WASHINGTON ST SW 6020

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

Mission

THE MISSION OF THE UNIVERSITY SYSTEM OF GEORGIA, A COOPERATIVE ORGANIZATION OF THE BOARD OF REGENTS, IS TO SUPPORT AND ADVANCE THE WORK OF THE UNIVERSITY SYSTEM OF GEORGIA CONSISTENT WITH THE UNIVERSITY SYSTEM'S STRATEGIC PLAN.

Activities or mission (Part I)

SEE SCHEDULE O FOR COMPLETE MISSION DESCRIPTION.THE UNIVERSITY SYSTEM OF GEORGIA FOUNDATION'S PRIMARY GOAL IS TO SUPPORT THE STATE OF GEORGIA UNIVERSITY SYSTEM AND ITS 26 COLLEGES AND UNIVERSITIES TO ENSURE ACCESS TO ACADEMIC EXCELLENCE AND EDUCATIONAL OPPORTUNITIES FOR ALL GEORGIANS.

  • REAL ESTATE SUPPORT: THE USG FOUNDATION, IN PARTNERSHIP WITH THE UNIVERSITY SYSTEM OF GEORGIA BOARD OF REGENTS, FACILITATES FINANCING OF CAPITAL IMPROVEMENT PROJECTS AND NEW FACILITIES AT USG INSTITUTIONS. WE PROVIDE BELOW-MARKET LEASE TERMS TO FINANCE CONSTRUCTION, RENOVATION, OR EXPANSION OF FACILITIES. USG FOUNDATION ALSO PROVIDES REFINANCING OF EXISTING DEBT THROUGH TAX-EXEMPT BOND FINANCING. THESE PARTNERSHIPS RESULT IN REDUCED STUDENT FEES, INCREASED BUILDING EFFICIENCIES, AND ENHANCED RISK MANAGEMENT FOR INSTITUTIONS ACROSS OUR PORTFOLIO.

    Expenses $17,809,178 · Grants $2,849,004 · Revenue $24,438,095

  • SCHOLARSHIPS AND AWARDS: USG FOUNDATION PROVIDES SCHOLARSHIP FUNDS TO ALL USG INSTITUTIONS SO THAT THEY CAN OFFER NEEDS-BASED SCHOLARSHIPS TO QUALIFIED STUDENTS. ADDITIONALLY, THE USG FOUNDATION ANNUALLY PROVIDES MONETARY AWARDS TO OUTSTANDING FACULTY SELECTED BY THE USG DEPARTMENT OF ACADEMIC AFFAIRS.

    Expenses $1,257,477 · Grants $1,257,477

  • THE USG FOUNDATION IS COMMITTED TO STRENGTHENING PUBLIC INSTITUTIONS OF HIGHER LEARNING ACROSS GEORGIA. THROUGH CAPACITY BUILDING GRANTS AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES, THE FOUNDATION BOLSTERS THE EFFORTS OF INSTITUTIONS AND PROGRAMS TO IMPROVE THEIR EFFICIENCY, INCREASE THEIR IMPACT, AND PLAN FOR THE FUTURE.

    Expenses $842,727 · Grants $165,179

As filed on the 2023 return.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • CADE JOINER

    CHAIR

    Total calculated
    $0
    Hours/week
    2

  • ELIZABETH A TERRELL

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • T DALLAS SMITH

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • TY SMITH

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • NEIL L PRUITT JR

    PRESIDENT USGREF MANAGER, LLC

    Total calculated
    $0
    Hours/week
    2

  • TEDDY RUSSELL

    IMMEDIATE PAST CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • M BRIAN BLAKE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • CHRISTINE BOUCHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • GEORGE BROOKS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • RICH JOHNSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • SARAH-ELIZABETH LANGFORD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • DONALD LEEBERN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • KELLY LOEFFLER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • ANDY MACKE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • JOHN J NEELY III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • COURTNEY SMITH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • JULIE SMITH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • MALCOLM SMITH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • JAMES K SYFAN III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

  • CHRISTINA PALOSKI

    ASST VICE CHAN FOR DEVELOPMENT

    Total calculated
    $146,330
    From this org
    $133,773
    From related orgs
    $0
    Other
    $12,557
    Hours/week
    40

  • SCOTT BRYANT

    CEO/VICE CHANCELLOR FOR DEVELOPMENT

    Total calculated
    $0
    Hours/week
    40

  • KIRBY A THOMPSON

    CEO/VICE CHANCELLOR FOR DEVELOPMENT

    Total calculated
    $182,293
    From this org
    $154,547
    From related orgs
    $0
    Other
    $27,746
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,547
    Bonus
    $0
    Other
    $0
    Deferred
    $14,280
    Nontaxable benefits
    $13,466
    Filer's total
    $182,293

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2023
    Revenue
    $29,321,726
    Expenses
    $20,484,259
    Contributions
    $1,909,204
    Grants paid
    $4,271,660
  • 2022
    Revenue
    $33,374,446
    Expenses
    $20,233,596
    Contributions
    $3,090,447
    Grants paid
    $4,103,488

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $27,810,587
    Expenses
    $17,684,273
    Assets (EOY)
    $553,443,159

  • 2020 · 990

    Revenue
    $27,479,908
    Expenses
    $17,194,049
    Assets (EOY)
    $572,651,205

  • 2019 · 990

    Revenue
    $22,216,661
    Expenses
    $16,638,179
    Assets (EOY)
    $441,408,564

  • 2018 · 990

    Revenue
    $24,907,465
    Expenses
    $17,548,426
    Assets (EOY)
    $458,758,854

  • 2017 · 990

    Revenue
    $26,219,192
    Expenses
    $12,557,920
    Assets (EOY)
    $439,225,972

  • 2017 · 990

    Revenue
    $26,219,192
    Expenses
    $12,557,920
    Assets (EOY)
    $439,225,972

  • 2016 · 990

    Revenue
    $17,186,523
    Expenses
    $15,904,146
    Assets (EOY)
    $280,592,815

  • 2015 · 990

    Revenue
    $15,674,367
    Expenses
    $17,082,440
    Assets (EOY)
    $242,473,402

  • 2014 · 990

    Revenue
    $18,387,376
    Expenses
    $17,003,793
    Assets (EOY)
    $249,456,205

  • 2013 · 990

    Revenue
    $20,173,832
    Expenses
    $17,932,808
    Assets (EOY)
    $295,368,764

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

The 10 largest by cash amount. The API serves every itemized grant.

Where these grants went next →

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2023 return

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.