2014-05-01T15:31:44-05:00 2013-06-30 KPMG LLP 300 North Greene Street Suite 400 Greensboro NC 27401 990 2012-07-01 586043294 GEORGIA TECH FOUNDATION INC % MARK W LONG GEOR 4048948345 760 SPRING STREET NW Suite 400 ATLANTA GA 30308 AL TRUJILLO 4048948345 2014-04-29 true 3362753394 2012 2015-11-30 17:44:51Z AL TRUJILLO 760 SPRING ST NW SUITE 400 ATLANTA GA 30308 626430982 false X www.gtf.gatech.edu X 1932 GA TO PROMOTE THE CAUSE OF HIGHER EDUCATION IN GEORGIA; TO RAISE AND RECEIVE FUNDS FOR THE SUPPORT OF GA TECH; AND TO AID GA TECH IN ITS DEVELOPMENT AS A LEADING EDUCATIONAL INSTITUTION. 53 52 33 100 2610619 -351530 84763904 63555932 826193 1447981 39066697 83669840 9605914 9710147 134262708 158383900 85742701 103286903 0 0 3749082 4407987 0 0 3836152 32139770 21069356 121631553 128764246 12631155 29619654 1632642419 1727888372 504803286 532419886 1127839133 1195468486 X IT IS THE MISSION OF THE GEORGIA TECH FOUNDATION, INC., TO: 1.PROMOTE THE CAUSE OF HIGHER EDUCATION IN THE STATE OF GEORGIA; 2.RECEIVE AND MANAGE FINANCIAL DONATIONS RECEIVED BY THE FOUNDATION FOR SUPPORT AND ENHANCEMENT OF THE GEORGIA INSTITUTE OF TECHNOLOGY; 3.ASSIST THE GEORGIA INSTITUTE OF TECHNOLOGY IN ITS ROLE AS A LEADING EDUCATIONAL AND RESEARCH INSTITUTION. true false 42064250 42064250 622352 ACADEMIC AND RESEARCH PROGRAM SUPPORT: THE FOUNDATION PROVIDES SUPPORT FOR MANY ACADEMIC PROGRAMS AND SOME RESEARCH PROGRAMS AT GEORGIA TECH. THIS FUNDING INCLUDES FACULTY SUPPORT THROUGH ENDOWED CHAIRS AND PROFESSORSHIPS, CURRICULUM DEVELOPMENT, FACULTY GRANTS, LIBRARY SUPPORT AND RENOVATION AND CONSTRUCTION OF FACILITIES. 20722020 20722020 SCHOLARSHIPS AND FELLOWSHIPS: THE FOUNDATION PROVIDES FUNDING FOR GRANTS, SCHOLARSHIPS, FELLOWSHIPS AND LOAN FUNDS FOR UNDERGRADUATE AND GRADUATE STUDENTS AT GEORGIA TECH. THE OFFICE OF FINANCIAL AID AND ACADEMIC UNITS AT GEORGIA TECH SELECT THE RECIPIENTS OF THE SCHOLARSHIPS AND FELLOWSHIPS. EXAMPLES OF TWO PROGRAMS FUNDED BY THE FOUNDATION ARE THE GEORGIA TECH PROMISE PROGRAM, WHICH IS A PROGRAM TO PROVIDE SCHOLARSHIPS FOR NEEDY STUDENTS AND THE GEORGIA TECH PRESIDENT'S SCHOLARSHIP PROGRAM, WHICH IS A SCHOLARSHIP PROGRAM FOR STUDENTS WITH EXCEPTIONAL MERIT. 36009712 36009712 Campus Facility Construction and Renovation: THE FOUNDATION PROVIDED A GRANT TO GEORGIA TECH FOR THE CONSTRUCTION OF THE ENGINEERING BIOSYSTEMS BUILDING (EBB). 17811616 4490921 116607598 true true false true false false false false false true true true false true true true false true false false true false false false false false false true false true true false false false false false false false false false false true false false false true true true true true false true 28 0 true 33 true true true false false false false true true true 1 false false false X 53 52 true false false false false true false true true false false true true true true true true true true false GA X MARK W LONG 4048948345 760 SPRING ST NW SUITE 400 ATLANTA GA 30308 LAWTON M NEASE III 1.0 X X CHARLES D MOSELEY 1.0 X X PAMELA W ARLOTTO 1.0 X JAMES W BOWYER 1.0 X JOHN F BROCK III 1.0 X J RANDALL CARROLL 1.0 X STEVE W CHADDICK 1.0 X KATHLEEN S DAY 1.0 X JOHN K DEWBERRY 1.0 X L THOMAS GAY 1.0 X GARY T JONES 1.0 X H RONALD NASH JR 1.0 X DAVID A PERDUE 1.0 X SHERYL S PRUCKA 1.0 X JOE W ROGERS JR 1.0 X C MEADE SUTTERFIELD 1.0 X ALBERT S THORNTON JR 1.0 X JANICE N WITTSCHIEBE 1.0 X STEPHEN P ZELNAK JR 1.0 X ROBERT A MILTON 1.0 X THOMAS E NOONAN 1.0 X JOHN S MARKWALTER JR 1.0 X ROBERT A ANCLIEN 1.0 X RODNEY C ADKINS 1.0 X JOSEPH W EVANS 1.0 X SHERMAN J GLASS JR 1.0 X LAWRENCE P HUANG 1.0 X JAMES R LIENTZ JR 1.0 X DR G P PETERSON 10.0 30.0 X 446356 362863 C DEAN ALFORD 1.0 X JOHN C BACON 1.0 X DAVID D FLANAGAN 1.0 X RONALD L JOHNSON 1.0 X THOMAS H MULLER JR 1.0 X GREGORY J OWENS 1.0 X N ALLEN ROBERTSON 1.0 X KAREN C THURMAN 1.0 X G NILES BOLTON 1.0 X ALFREDO TRUJILLO 1.0 X JEROME A ATKINSON 1.0 X LAURIE D BAGLEY 1.0 X JAMES R BORDERS 1.0 X KARL F DASHER 1.0 X DAVID W DORMAN 1.0 X WALTER G EHMER 1.0 X THOMAS A FANNING 1.0 X JOHN M FARRELL JR 1.0 X JACK J FAUSSEMAGNE 1.0 X GEORGE W LEVERT 1.0 X CHARLES W MOORMAN IV 1.0 X J PAUL RAINES 1.0 X FRANCES G ROGERS 1.0 X CHRISTOPHER W KLAUS 1.0 X JOHN B CARTER JR 37.0 3.0 X 377148 32083 MARK W LONG 37.0 3.0 X 173511 54021 JAMES TAYLOR 40.0 X 364337 0 43592 PATRICK LIU 40.0 X 196253 42188 HERBERT BRUNSWICK JR 40.0 X 128692 35546 SCOTT JENKS 40.0 X 113754 21612 JONATHAN KARCSH 40.0 X 229019 46746 MICHELLE JONES 40.0 X 117174 15174 1699888 446356 653825 9 false true false SNELLINGS WALTERS 1117 PERIMETER CENTER W ATLANTA GA 30338 INSURANCE 400553 NORTHERN TRUST 50 S LASALLE ST B-8 CHICAGO IL 60603 INVESTMENT CUSTODY 347460 SODEXHO CAMPUS SERVICES 350 FERST DRIVE ATLANTA GA 30332 EVENT/CATERING 309101 AXIOM 33 BENEDICT PLACE 2ND FLOOR GREENWICH CT 06830 INVESTMENT MGMT 294093 ACADIAN ASSET MANAGEMENT 260 FRANKLIN STREET 2OTH FLOOR BOSTON MA 02110 INVESTMENT 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0 0 80633891 18002603 63023728 62631288 816260610 960791815 440973451 408859549 0 0 0 0 227314438 218771426 1632642419 1727888372 14655544 15742345 0 0 37173282 34161546 149104358 147764597 0 0 0 0 0 0 0 0 303870102 334751398 504803286 532419886 X 1062147396 55766783 16237753 606407634 49453984 533294069 1127839133 1195468486 1632642419 1727888372 X 29619654 35716344 2293355 X false true X true false X 66584253 45143908 53928276 84763904 63555932 313976273 0 0 66584253 45143908 53928276 84763904 63555932 313976273 41454356 272521917 32911426 33334382 32416581 32721535 40126494 171510418 975605 769548 -351530 1393623 728289 41206 769495 487649809 769495 0.55885 0.55695 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 8947 false 8947 LOBBYING EXPENDITURES FORM 990, PART IV, LINE 4 & SCHEDULE C, PART II-B, LINE 1G LOBBYING EXPENSES ARE PAID BY THE GEORGIA TECH FOUNDATION AT THE REQUEST OF THE GEORGIA INSTITUTE OF TECHNOLOGY (GEORGIA TECH) FOR GEORGIA TECH'S ADVOCACY OF HIGHER EDUCATION HIGHLIGHTING GEORGIA TECH'S LEGISLATIVE PRIORITIES. EXPENSES INCLUDE PAYMENTS FOR GOODS AND SERVICES UTILIZED IN THE HOSTING OF MEETINGS, CAMPUS VISITS, CAMPUS ATHLETIC EVENTS, AND PROMOTIONAL ITEMS WITH THE GEORGIA TECH LOGO. 1012283590 33640982 112578062 15550123 23738191 6426095 1112788225 1044450626 26657320 -7607178 13535183 31457416 6224579 1012283590 880639102 29845676 183425325 14319385 28940780 6379312 1044270626 794541884 23579756 113938022 12917753 31865043 6637764 880639102 1082791869 16755869 -256497843 11466625 30225392 6815994 794541884 0.15610 0.84390 false false 2552671 2552671 30324883 38066386 16166079 52225190 9689951 1836524 7853427 62631288 INVESTMENTS IN PARTNERSHIPS 404604590 F MANAGED PERPETUAL TRUSTS 1752561 F CHARITABLE GIFT ANNUITY 2502398 F 408859549 CHARITABLE REMAINDER TRUSTS 22475709 CASH VALUE OF LIFE INSURANCE 3233714 LEASE RECEIVABLE 179683389 OTHER ASSETS 5160280 INTEREST RECEIVABLE 13247 CAPITAL RESERVE FUNDS 8205087 218771426 0 COMMITMENT PAYABLE 9272124 PAYABLE TO AFFILIATES 100520785 LIFE INCOME INTEREST 12712822 REVOCABLE GIFT 41078459 BONDS PAYABLE (TAXABLE) 112960399 GUARANTEE OF LINES OF CREDIT 26231809 LINES OF CREDIT 31975000 334751398 X ENDOWMENT FUNDS SCHEDULE D, PART V, LINE 4 INCOME EARNED ON ENDOWMENTS IS USED TO SUPPORT GEORGIA INSTITUTE OF TECHNOLOGY. THE INCOME FROM THE ENDOWMENT IS MOSTLY RESTRICTED TO CERTAIN PURPOSES BY THE DONORS. THE USES INCLUDE: STUDENT SUPPORT IN THE FORM OF SCHOLARSHIPS, FELLOWSHIPS (LOAN FUNDS TO MEET THEIR EDUCATIONAL EXPENSES), GRADUATE SUPPORT, AS WELL AS SUPPORT OF FACULTY IN THEIR TEACHING AND RESEARCH PROGRAMS. THE ENDOWMENT SUPPORTS EACH OF THE SIX COLLEGES AND MANY PROGRAMS, INCLUDING THE LIBRARY, LECTURES, FACULTY RECRUITMENT, AND PROGRAM CURRICULUM DEVELOPMENT, AND FOR THE RENOVATION OF FACILITIES AND LABORATORIES. FIN 48 (ASC 740) FOOTNOTE SCHEDULE D, PART X, LINE 2 The Foundation does not have any material unrecognized tax positions that should be recognized in the consolidated financial statements for 2013 or 2012. true Central America and the Caribbean Program Services RESEARCH COLLABORATION 86 Central America and the Caribbean Fundraising 15 Central America and the Caribbean Program Services VARIOUS PROGRAMS 194 Central America and the Caribbean Program Services ACADEMIC 194 East Asia and the Pacific Program Services RESEARCH COLLABORATION 14460 East Asia and the Pacific Program Services SYMPOSIUMS/CONFERENCES 1422 East Asia and the Pacific Fundraising 41032 East Asia and the Pacific Program Services ACADEMIC 32 Europe (Including Iceland and Greenland) Program Services RESEARCH COLLABORATION 8855 Europe (Including Iceland and Greenland) Program Services SYMPOSIUMS/CONFERENCES 4866 Europe (Including Iceland and Greenland) Fundraising 4606 Europe (Including Iceland and Greenland) Program Services VARIOUS PROGRAMS 212 Europe (Including Iceland and Greenland) Program Services ACADEMIC 884 Middle East and North Africa Program Services RESEARCH COLLABORATION 798 Middle East and North Africa Fundraising 962 North America Program Services RESEARCH COLLABORATION 265 North America Program Services VARIOUS PROGRAMS 130 South America Program Services RESEARCH COLLABORATION 456 South America Fundraising 3599 Sub-Saharan Africa Program Services RESEARCH COLLABORATION 532 Central America and the Caribbean Investments East Asia and the Pacific Investments Europe (Including Iceland and Greenland) Investments Middle East and North Africa Investments North America Investments Russia and the Newly Independent States Investments South America Investments South Asia Investments Sub-Saharan Africa Investments 79013 4587 83600 true false true true true true SCHEDULE F, PART V GEORGIA TECH FOUNDATION, INC. ATTACHES ALL FOREIGN FILINGS TO FORM 990T, WHICH IS PAPER FILED WITH THE INTERNAL REVENUE SERVICE. true GEORGIA TECH ALUMNI ASSOCIATION 190 NORTH AVENUE ATLANTA GA 30313 580634853 501(C)(3) 2878001 ALUMNI ASSOCIATION GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVENUE ATLANTA GA 30332 586002023 UNIV. SYS OF GA 98469752 SCHOLARSHIPS, FELLOWSHIPS, AWARDS & OTHER GEORGIA TECH FACILITIES INC 225 NORTH AVENUE ATLANTA GA 30332 521442293 501(C)(3) 320259 CONSTRUCTION PROJECTS/BUILDING GRANTS GEORGIA TECH FOUNDATION FUNDING CORPORATION 760 SPRING ST NW STE 400 ATLANTA GA 30308 582587017 501(C)(3) 339929 CAPITAL PROJECTS GEORGIA TECH ATHLETIC ASSOCIATION 150 BOBBY DODD WAY ATLANTA GA 30332 580622514 501(C)(3) 840229 SCHOLARSHIPS GEORGIA ADVANCED TECHNOLOGIES VENTURES 225 NORTH AVENUE ATLANTA GA 30332 582538285 501(C)(3) 106985 GENERAL SUPPORT GEORGIA TECH GLOBAL INC 221 UNCLE HEINIE WAY NW LYMAN HALL BUILDING ROOM 304 ATLANTA GA 30332 271010747 501(C)(3) 218680 COSTA RICA TIP PROG 7 0 MONITORING THE USE OF GRANT FUNDS SCHEDULE I, PART I, LINE 2 GEORGIA TECH FOUNDATION, INC. PROVIDES GRANTS TO THE GEORGIA INSTITUTE OF TECHNOYOGY AND OTHER AFFILIATED ORGANIZATIONS THAT SUPPORT THE GEORGIA INSTITUTE OF TECHNOLOGY. THE USE OF THE FUNDS IS MONITORED TO ENSURE THAT THE GRANT IS USED FOR ITS ORIGINAL PURPOSE. NO GRANTS ARE PROVIDED TO INDIVIDUALS. X true true X X X false true false true false true false false false JOHN B CARTER JR 357526 0 19622 25000 7083 409231 0 MARK W LONG 173411 0 100 26354 27667 227532 0 DR G P PETERSON 434356 0 12000 166666 184888 11309 166666 642553 0 JAMES TAYLOR 237877 0 126360 100 24450 19142 407929 0 PATRICK LIU 123600 72553 100 13500 28688 238441 0 HERBERT BRUNSWICK JR 128592 0 100 13350 22196 164238 0 JONATHAN KARCSH 149292 79627 100 16250 30496 275765 0 HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES SCHEDULE J, PART I, LINE 1 AND LINE 2 GEORGIA TECH FOUNDATION, INC. PROVIDES JOHN B. CARTER, JR AND DR. G.P. PETERSON REIMBURSEMENT FOR THE BUSINESS EXPENSES AND THE DUES RELATED TO THEIR MEMBERSHIP IN A SOCIAL CLUB. THE BUSINESS EXPENSES ARE SUBSTANTIATED. THE DUES ARE ALSO PAID AND THE PERSONAL USE AMOUNT IS INCLUDED AS COMPENSATION ON THEIR W-2'S. ESTABLISHMENT OF CEO/EXECUTIVE DIRECTOR COMPENSATION SCHEDULE J, PART I, LINE 3 THE COMPENSATION COMMITTEE OF THE GEORGIA TECH FOUNDATION IS CHARGED WITH REVIEWING AND APPROVING COMPENSATION AND BENEFITS PROVIDED BY THE GEORGIA TECH FOUNDATION, INC. THE COMPENSATION COMMITTEE IS COMPOSED OF THE FOUR BOARD OFFICERS OF THE GEORGIA TECH FOUNDATION, WHO ARE NOT COMPENSATED AND ARE NOT RELATED TO INDIVIDUALS WHOSE COMPENSATION IS UNDER REVIEW. THE COMPENSATION COMMITTEE MAY HIRE COMPENSATION CONSULTANTS AND RELIES ON MARKET DATA IN ASSESSING REASONABLENESS OF COMPENSATION AND BENEFITS FOR THE PRESIDENT AND CHIEF OPERATING OFFICER AND THE SENIOR STAFF. NONQUALIFIED RETIREMENT PLAN SCHEDULE J, PART I, LINE 4B Dr. G. P. Peterson, a trustee of the Georgia Tech Foundation and President of Georgia Institute of Technology (The Institute) participated in a non-qualified supplemental retirement plan. Contributions to the plan of $118,000 in calendar year 2012 were funded by Georgia Institute of Technology and are included in amounts disclosed on Schedule J, Part II Column C: Deferred Compensation. In calendar year 2012 The Board of Regents of the University System of Georgia established an executive 457(f) deferred compensation plan for the President of The Institute. Annual contributions under the plan are scheduled to vest in 2018. The Foundations contribution of $166,666 made in calendar 2012 is included in amounts disclosed on Schedule J, Part II Column C: Deferred Compensation. INCENTIVE COMPENSATION SCHEDULE J, PART I, LINE 5A & 6A BONUSES ARE PAID TO INVESTMENT STAFF IF THE INVESTMENT RETURN EXCEEDS THE TARGET. SUPPLEMENTAL INFORMATION SCHEDULE J, PART II DR. G. P. PETERSON IS THE PRESIDENT OF THE GEORGIA INSTITUTE OF TECHNOLOGY. AS PRESIDENT HE SERVES AS AN EX-OFFICIO VOTING TRUSTEE OF THE GEORGIA TECH FOUNDATION. THE GEORGIA INSTITUTE OF TECHNOLOGY, A UNIT OF THE UNIVERSITY SYSTEM OF GEORGIA, PROVIDES COMPENSATION TO DR. PETERSON, AS REPORTED IN SCHEDULE J, PART II. A DEVELOPMENT AUTHORITY OF FULTON COUNTY 581639487 359900WR4 2009-06-11 19807439 REAL ESTATE ACQUISITION false false false B DEVELOPMENT AUTHORITY OF FULTON COUNTY 581506878 359900R41 2011-11-09 37498996 REFUND A PRIOR BOND ISSUE false false false C DEVELOPMENT AUTHORITY OF FULTON COUNTY 581506878 3599003ES 2012-04-11 92302322 REFUND A PRIOR BOND ISSUE false false false A 0 0 19807439 0 0 0 337545 0 0 19469895 0 0 2009 false false true true B 0 0 37498996 0 0 37025399 473597 0 0 0 0 0 2011 true false true true C 0 0 92302322 0 0 91465000 837322 0 0 0 0 0 2012 true false true true A false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true B false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true C false false false false 0.00000 0.00000 0.00000 false false 0.00000 false true A false false true false false false 0 false false false 0 false false B false false false true false false 0 false false false 0 false false C false false false true false false 0 false false false 0 false false A false B false C false NO REBATE DUE SCHEDULE K, PART IV, LINE 2C THE REBATE COMPUTATION WAS PERFORMED FOR BONDS B AND C IN APRIL 2014. X 137 9746081 FMV X Charitable Trusts 5 1797038 FMV false true false ELECTED BOARD MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE GEORGIA TECH FOUNDATION, INC. BYLAWS STATE THAT THE EX-OFFICIO VOTING TRUSTEES SHALL BE THE PRESIDENT OF GEORGIA INSTITUTE OF TECHNOLOGY; THE CHAIRMAN OF THE GEORGIA TECH ADVISORY BOARD; AND THE CHAIR, PAST CHAIR, AND CHAIR-ELECT OF THE GEORGIA TECH ALUMNI ASSOCIATION, INC. FORM 990 REVIEW PROCESS FORM 900, PART VI, SECTION B, LINE 11 THE TRUSTEES, DIRECTORS, AND OFFICERS OF GEORGIA TECH FOUNDATION, INC. ARE GIVEN ACCESS TO ALL GEORGIA TECH FOUNDATION, INC.'S TAX RETURNS THROUGH A WEBSITE AND ASKED TO REVIEW AND PROVIDE ANY QUESTIONS AND COMMENTS BEFORE A CERTAIN DATE. ANY QUESTIONS AND COMMENTS FROM THE BOARD MEMBERS ARE NOTED AND CHANGES ARE MADE TO THE RETURN AS APPROPRIATE. ONCE ALL CHANGES HAVE BEEN MADE, AN UPDATED RETURN IS PROVIDED TO THE BOARD MEMBERS THROUGH THE SAME WEBSITE PRIOR TO THE RETURN BEING FILED. CONFLICT OF INTEREST POLICY FORM 990, PART VI, SECTION B, LINE 12 THE BOARD OF DIRECTORS AND OFFICERS OF GEORGIA TECH FOUNDATION, INC. ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST WITH GEORGIA TECH FOUNDATION, INC. THE AUDIT COMMITTEE OF GEORGIA TECH FOUNDATION, INC. IS THEN CHARGED WITH REVIEWING ANY CONFLICTS OF INTEREST AND REPORTING THEM TO THE EXECUTIVE COMMITTEE. IF ANY ACTION IS NECESSARY, THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR TAKING THE APPROPRIATE ACTION. REVIEW OF OFFICER COMPENSATION FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF THE GEORGIA TECH FOUNDATION IS CHARGED WITH REVIEWING AND APPROVING COMPENSATION AND BENEFITS PROVIDED BY THE GEORGIA TECH FOUNDATION, INC. THE COMPENSATION COMMITTEE IS COMPOSED OF THE FOUR BOARD OFFICERS OF THE GEORGIA TECH FOUNDATION, WHO ARE NOT COMPENSATED AND ARE NOT RELATED TO INDIVIDUALS WHOSE COMPENSATION IS UNDER REVIEW. THE COMPENSATION COMMITTEE MAY HIRE COMPENSATION CONSULTANTS AND RELIES ON MARKET DATA IN ASSESSING REASONABLENESS OF COMPENSATION AND BENEFITS FOR THE PRESIDENT AND CHIEF OPERATING OFFICER AND THE SENIOR STAFF. THE COMPENSATION COMMITTEE OF GEORGIA TECH FOUNDATION CONTEMPORANEOUSLY DOCUMENTS THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION OF THESE INDIVIDUALS. DOCUMENTS AVAILABLE TO THE PUBLIC FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE POSTED TO THE GEORGIA TECH FOUNDATION, INC. WEBSITE. THE FORM 990 AND FORM 990-T OF GEORGIA TECH FOUNDATION, INC. ARE AVAILABLE UPON REQUEST. OTHER PROGRAM SERVICES FORM 990, PART III, LINE 4D GEORGIA TECH FOUNDATION, INC. PROVIDES GENERAL SUPPORT TO THE GEORGIA INSTITUTE OF TECHNOLOGY AND ITS AFFILIATED ORGANIZATIONS. THE GENERAL SUPPORT PROVIDES FUNDS FOR EDUCATIONAL AND VARIOUS OTHER ACTIVITIES. OTHER CHANGES IN NET ASSETS FORM 990, PART XI, LINE 9 THE AMOUNT REPORTED ON PART XI, LINE 5 CONSISTS OF THE FOLLOWING AMOUNTS: ACTUARIAL GAIN 2,058,650 INCREASE IN CASH SURRENDER VALUE 234,705 ----------- TOTAL FORM 990, PART XI, LINE 9 2,293,355 UNDERTAKING SIGNIFICANT PROGRAM SERVICES FORM 990, PART III, LINE 2 THE GEORGIA TECH FOUNDATION PROVIDED A GRANT TO THE GEORGIA INSTITUTE OF TECHNOLOGY FOR THE CONSTRUCTION OF THE ENGINEERED BIOSYSTEMS BUILDING (EBB). FAMILY RELATIONSHIPS FORM 990, PART VI, SECTION A, LINE 2 FRAN ROGERS AND JOE ROGERS HAVE A FAMILY RELATIONSHIP THE FIFTH STREET HOTEL LLC 760 SPRING ST NW STE 400 ATLANTA GA 30308 586043294 HOLDING COMP. GA 4984472 38743179 GTF INC TECHNOLOGY SQUARE LLC 760 SPRING ST NW STE 400 ATLANTA GA 30308 586043294 HOLDING COMP. GA 6551819 134984190 GTF INC CYPRESS ACADEMY LLC 760 SRPING ST NW STE 400 ATLANTA GA 30308 263042898 HOLDING COMP. 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