2011-05-10T11:34:26-05:00 2010-06-30 KPMG LLP 401 COMMERCE STREET SUITE 1000 Nashville TN 372192422 990 2009-07-01 586043294 GEORGIA TECH FOUNDATION INC GEOR 4048945072 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 JOHN B CARTER JR 4048945072 2011-05-10 true 6152441602 2009 2016-02-24 21:20:13Z JOHN B CARTER JR 760 SPRING ST NEW SUITE 400 ATLANTA GA 30308 618830667 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. 54 53 30 100 -2654077 -2655837 66584253 89112162 360106 886080 -109321061 30437300 12817935 10468985 -29558767 130904527 84297743 84183255 0 0 3620792 3715238 0 0 3160963 21074828 20729919 108993363 108628412 -138552130 22276115 1314737311 1436790967 425120666 438376891 889616645 998414076 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 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 47883840 47883840 168966 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. 18115477 18115477 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. 5670000 5670000 GIFT OF REAL ESTATE TO GEORGIA TECH: DURING THE CURRENT YEAR, THE FOUNDATION PROVIDED BUILDING AND LAND REFERRED TO AS THE "ACADEMY OF MEDICINE" TO THE UNIVERSITY SYSTEM OF GEORGIA BOARD OR REGENTS (I.E.GEORGIA TECH). 27099525 12513938 758320 98768842 true true false true false false false false 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 true true false false false true true true true false true 6 0 true 30 true true true false false false false true true false false false 54 53 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 RODNEY C ADKINS 1.0 X 0 0 0 RONALD W ALLEN 1.0 X 0 0 0 ROBERT A ANCLIEN 1.0 X 0 0 0 PAMELA W ARLOTTO 1.0 X 0 0 0 JEROME A ATKINSON 1.0 X 0 0 0 RICHARD A BEARD III 1.0 X 0 0 0 G NILES BOLTON 1.0 X 0 0 0 JOHN F BROCK III 1.0 X 0 0 0 KENNETH G BYERS JR 1.0 X 0 0 0 J RANDALL CARROLL 1.0 X 0 0 0 STEVE W CHADDICK 1.0 X 0 0 0 A RUSSELL CHANDLER III 1.0 X 0 0 0 MARCUS J DASH 1.0 X 0 0 0 KATHLEEN DAY 1.0 X 0 0 0 JOHN K DEWBERRY 1.0 X 0 0 0 DAVID W DORMAN 1.0 X 0 0 0 JOSEPH W EVANS 1.0 X 0 0 0 JACK J FAUSSEMAGNE 1.0 X 0 0 0 L THOMAS GAY 1.0 X 0 0 0 SHERMAN J GLASS JR 1.0 X 0 0 0 MARION B GLOVER JR 1.0 X 0 0 0 FRANCIS S GODBOLD 1.0 X 0 0 0 DEBORAH N HARRIS 1.0 X 0 0 0 HUBERT L HARRIS JR 1.0 X X 0 0 0 LAWRENCE P HUANG 1.0 X 0 0 0 GARY T JONES 1.0 X 0 0 0 G WILLIAM KNIGHT 1.0 X 0 0 0 JAMES R LIENTZ JR 1.0 X X 0 0 0 JOHN S MARKWALTER JR 1.0 X 0 0 0 H BRUCE MCEVER 1.0 X 0 0 0 DAVID M MCKENNEY 1.0 X 0 0 0 ROBERT A MILTON 1.0 X 0 0 0 CHARLES D MOSELEY 1.0 X X 0 0 0 H RONALD NASH JR 1.0 X 0 0 0 LAWTON M NEASE III 1.0 X X 0 0 0 THOMAS E NOONAN 1.0 X 0 0 0 DR G P PETERSON 10.0 X 0 327316 182555 DAVID A PERDUE 1.0 X 0 0 0 SHERYL S PRUCKA 1.0 X 0 0 0 FRANCES G ROGERS 1.0 X 0 0 0 JOE W ROGERS JR 1.0 X 0 0 0 BEVERLY J SEAY 1.0 X 0 0 0 EARL L SHELL JR 1.0 X 0 0 0 FRANCIS N SPEARS 1.0 X 0 0 0 E ROE STAMPS IV 1.0 X 0 0 0 JOHN C STATON JR 1.0 X 0 0 0 C MEADE SUTTERFIELD 1.0 X 0 0 0 HOWARD T TELLEPSEN JR 1.0 X 0 0 0 ALBERT S THORNTON JR 1.0 X 0 0 0 WILLIAM J TODD 1.0 X 0 0 0 ALFREDO TRUJILLO 1.0 X 0 0 0 ALFRED P WEST JR 1.0 X 0 0 0 JANICE N WITTSCHIEBE 1.0 X 0 0 0 STEPHEN P ZELNAK JR 1.0 X 0 0 0 JOHN B CARTER JR 40.0 X 358618 0 34576 MARK W LONG 40.0 X 163430 0 39277 JAMES TAYLOR 40.0 X 317479 0 43244 SCOTT JENKS 40.0 X 109848 0 20438 MICHELLE JONES 40.0 X 113449 0 15730 HERBERT BRUNSWICK JR 40.0 X 124771 0 36333 JONATHAN KARCSH 40.0 X 190254 0 38389 PATRICK LIU 40.0 X 157743 0 30922 1535592 327316 441464 8 false true false THOMAS J BARRANCO 2221 PEACHTREE ROAD STE D400 ATLANTA GA 30309 REAL ESTATE CONS. 120226 1 855054 88257108 4341190 89112162 COST RECOVERIES 900099 168966 168966 INVESTMENT FEE INCOME FROM RELATED ORGANIZATION 900099 717114 717114 886080 17898880 -2073172 19972052 0 733519 733519 13938880 763105 4114398 893327 9824482 -130222 9694260 -130222 9824482 493342253 2114582 482872311 46104 10469942 2068478 12538420 -450683 12989103 0 0 0 INSURANCE CLAIM REFUND 900099 41206 41206 41206 130904527 927286 -2654077 43519156 84183255 84183255 0 0 0 844854 844854 0 2137481 2137481 248820 248820 314336 314336 169747 169747 26000 26000 465 2177 -1712 245780 245780 29270 29270 0 1875767 1875767 112753 17803 44946 50004 0 879634 33947 165839 679848 20790 766 20024 0 0 357381 11395 49589 296397 6655 6655 3021493 2462541 213414 345538 11558618 11437611 121007 0 92884 94404 -1520 140986 140986 FACULTY MOVING EXPENSES 353941 349914 4027 MAINTENANCE AND REPAIRS 81355 81355 MISCELLANEOUS 140998 139104 1894 REIMBURSEMENT TO GEORGIA TECH 1785149 1785149 108628412 98768842 6698607 3160963 2900 2600 4381219 3496675 51031558 83207386 1167278 1063176 78574195 14908046 67910834 63666149 649579623 704583840 351420779 395078669 189243120 185692472 1314737311 1436790967 9147649 6195536 157200165 153922249 258772852 278259106 425120666 438376891 X 44860334 58266849 454576806 491145026 390179505 449002201 889616645 998414076 1314737311 1436790967 X false true true X false X 59800268 85801176 97432173 66584253 45143908 354761778 59800268 85801176 97432173 66584253 45143908 354761778 12522198 342239580 75650461 92552796 74892728 32911426 33334382 309341793 83902 83902 1097722 1570526 1472301 728289 41206 4910044 669097517 2872275 0.51149 0.48044 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 35925 false 35925 false LOBBYING EXPENDITURES FORM 990, PART IV, LINE 4 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. 794541884 23579756 113938022 12917753 31865043 6637764 880639102 1082791869 16755869 -256497843 11466625 30225392 6815994 794541884 0.16250 0.83750 false false 2552671 2552671 29645482 38066387 13278340 54433529 8309655 1629706 6679949 63666149 INVESTMENTS IN PARTNERSHIPS 392253398 F MANAGED PERPETUAL TRUSTS 1501060 F CHARITABLE GIFT ANNUITY 1324211 F 395078669 CHARITABLE REMAINDER TRUSTS 18903886 CASH VALUE OF LIFE INSURANCE 2185759 LEASE RECEIVABLE 159636752 OTHER ASSETS 4949977 INTEREST RECEIVABLE 16098 185692472 0 COMMITMENT PAYABLE 10566107 PAYABLE TO AFFILIATES 75951672 LIFE INCOME INTEREST 12039984 REVOCABLE GIFT 35064484 DERIVATIVE FINANCIAL INSTRUMENTS 19698745 BONDS PAYABLE (TAXABLE) 98474549 GUARANTEE OF LINES OF CREDIT 26463565 278259106 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. Central America and the Caribbean 0 0 Program Services RESEARCH COLLABORATION 780 Central America and the Caribbean 0 0 Program Services SYMPOSIUMS/CONFERENCES 1658 Central America and the Caribbean 0 0 Program Services DIPLOMACY 48 Central America and the Caribbean 0 0 Program Services VARIOUS PROGRAMS 2178 Central America and the Caribbean 0 0 Fundraising 396 East Asia and the Pacific 0 0 Program Services RESEARCH COLLABORATION 2936 East Asia and the Pacific 0 0 Program Services DIPLOMACY 717 East Asia and the Pacific 0 0 Fundraising 2273 Europe (Including Iceland and Greenland) 0 0 Program Services RESEARCH COLLABORATION 1304 Europe (Including Iceland and Greenland) 0 0 Program Services SYMPOSIUMS/CONFERENCES 659 Europe (Including Iceland and Greenland) 0 0 Program Services ACADEMIC 1478 Europe (Including Iceland and Greenland) 0 0 Fundraising 70 North America 0 0 Program Services RESEARCH COLLABORATION 294 North America 0 0 Program Services ACADEMIC 816 South Asia 0 0 Program Services RESEARCH COLLABORATION 297 South Asia 0 0 Program Services SYMPOSIUMS/CONFERENCES 1715 Sub-Saharan Africa 0 0 Program Services RESEARCH COLLABORATION 167 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 0 0 17786 true GEORGIA TECH ALUMNI ASSOCIATION 190 NORTH AVENUE ATLANTA GA 30313 580634853 501(C)(3) 4606344 ALUMNI ASSOCIATION PROGRAM SUPPORT GEORGIA INSTITUTE OF TECHNOLOGY 225 NORTH AVENUE ATLANTA GA 30332 586002023 UNIV.SYS. OF GA 77088739 SCHOLARSHIPS, FELLOWSHIPS, AWARDS & OTHER GEORGIA TECH FACILITIES INC 225 NORTH AVENUE ATLANTA GA 30332 521442293 501(C)(3) 686844 CONSTRUCTION PROJECTS/BUILDING GRANTS ALEXANDER-THARPE FUND INC 150 BOBBY DODD WAY ATLANTA GA 30332 586043226 501(C)(3) 647925 SCHOLARSHIPS GEORGIA TECH FOUNDATION FUNDING CORPORATION 760 SPRING ST NW STE 400 ATLANTA GA 30308 582587017 501(C)(3) 1083604 CAPITAL PROJECTS GEORGIA ADVANCED TECHNOLOGY VENTURES INC 225 NORTH AVENUE LYMAN HALL ATLANTA GA 30332 582538285 501(C)(3) 69207 GENERAL SUPPORT 6 MONITORING THE USE OF GRANT FUNDS SCHEDULE I, PART I, LINE 2 GEORGIA TECH FOUNDATION, INC. PROVIDES GRANTS TO GEORGIA INSTITUTE OF TECHNOLOGY 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 false false false false false false false false JOHN B CARTER JR 343357 0 0 0 15261 0 24500 0 10076 0 393194 0 0 0 HERBERT BRUNSWICK JR 124696 0 0 0 75 0 13160 0 23173 0 161104 0 0 0 JONATHAN KARCSH 137679 0 52500 0 75 0 15000 0 23389 0 228643 0 0 0 PATRICK LIU 113918 0 43750 0 75 0 12500 0 18422 0 188665 0 0 0 MARK W LONG 163355 0 0 0 75 0 16883 0 22394 0 202707 0 0 0 DR G P PETERSON 0 318281 0 0 0 9035 0 172638 0 9917 0 509871 0 0 JAMES TAYLOR 223804 0 93600 0 75 0 23400 0 19844 0 360723 0 0 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. A REIMBURSEMENT FOR THE BUSINESS EXPENSES AND THE DUES RELATED TO HIS MEMBERSHIP IN A SOCIAL CLUB. THE BUSINESS EXPENSES ARE SUBSTANTIATED AND ARE REIMBURSED TO MR. CARTER DIRECTLY. THE DUES ARE ALSO REIMBURSED TO MR. CARTER AND THE PERSONAL USE AMOUNT IS INCLUDED AS COMPENSATION ON HIS W-2. 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. 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. DEVELOPMENT AUTHORITY OF FULTON COUNTY 581639487 359900WR4 2009-06-11 19807439 REAL ESTATE ACQUISITION false false 19807439 337545 19469895 2009 false false true true false false false false true true true false false false false STATE BANK AND TRUST COMPANY JOSEPH W. EVANS, TRUSTEE 2299000 PROPERTY ACQUISITION false X 111 4256216 FMV X CHARITABLE TRUSTS 4 84974 FMV 0 false true false RELATED OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES FORM 990, PART VI, SECTION A, LINE 2 TRUSTEES DEBORAH HARRIS AND H. RONALD NASH, JR ARE SIBLINGS. JOE W. ROGERS AND FRANCES G. ROGERS ARE HUSBAND/WIFE. ALSO, ALBERT THORNTON WORKED FOR JOE W. ROGERS PRIOR TO RETIRING. 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 990, PART VI, SECTION A, LINE 11 THE TRUSTEES, DIRECTORS, AND OFFICERS OF GEORGIA TECH FOUNDATION, INC. ARE GIVEN ACCESS TO 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 10C THE BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES 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. THIS PROCESS WAS LAST UNDERTAKEN BY THE COMPENSATION COMMITTEE DURING THE FISCAL YEAR ENDED JUNE 30, 2010. AVERAGE HOURS PER WEEK FORM 990, PART VII, SECTION A, COLUMN (B) THE BELOW INDIVIDUALS LISTED IN PART VII DEVOTED A PORTION OF THEIR TIME TO ANOTHER RELATED ENTITY: DR. G.P. PETERSON (AVERAGE 30 HOURS PER WEEK) JOHN B. CARTER, JR. (AVERAGE 2 HOURS PER WEEK) MARK W. LONG (AVERAGE 2 HOURS PER WEEK) 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. TRANSACTIONS WITH INTERESTED PERSONS SCHEDULE L, PART IV DURING THE FISCAL YEAR ENDED JUNE 30, 2010, THE GEORGIA TECH FOUNDATION PURCHASED A DISTRESSED REAL ESTATE PROPERTY FOR THE PURPOSE OF ASSISTING GEORGIA TECH IN ITS CAMPUS EXPANSION, FROM STATE BANK AND TRUST COMPANY FOR $2,299,000. MR. JOSEPH W. EVANS, AN ELECTED TRUSTEEE OF THE GEORGIA TECH FOUNDATION BOARD, IS ALSO THE CHAIRMAN AND CEO OF STATE BANK AND TRUST COMPANY. MR. EVANS WAS NOT PRESENT AT THE COMMITTEE MEETINGS IN WHICH THE DECISION TO PURCHASE THE PROPERTY WAS DISCUSSED AND APPROVED. MR. EVANS WAS PRESENT, BUT ABSTAINED FROM VOTING, WHEN THE BOARD APPROVED THE PURCHASE OF THE PROPERTY. INTEREST IN VARIOUS CHARITABLE REMAINDER TRUST SCHEDULE R, PART IV GEORGIA TECH FOUNDATION, INC. SERVES AS TRUSTEE AND HAS A REMAINDER INTEREST IN VARIOUS CHARITABLE REMAINDER UNI-TRUST AND CHARITABLE REMAINDER ANNUITY TRUSTS. THESE TRUSTS HAVE BEEN DISCLOSED ON SCHEDULE R, PART IV. GEORGIA TECH FOUNDATION, INC. DOES NOT RECEIVE A FEE TO ADMINISTER THE TRUSTS AND DOES NOT RECEIVE A K-1 ASSOCIATED WITH THESE TRUSTS. ONLY THE INCOME BENEFICIARIES RECEIVE A K-1 AND HAVE AN INTEREST IN THE INCOME. THE SHARE OF TOTAL ASSETS WAS CALCULATED BY DETERMINING THE ASSETS HELD IN THE TRUST AND REMOVING THE LIABILITY NOTED IN THE TRUST AGREEMENT. THIS AMOUNT IS AN ESTIMATE. THE FIFTH STREET HOTEL LLC 760 SPRING ST NW STE 400 ATLANTA GA 30308 586043294 HOLDING COMP. GA 4934186 39342631 GTF INC TECHNOLOGY SQUARE LLC 760 SPRING ST NW STE 400 ATLANTA GA 30308 586043294 HOLDING COMP. GA 7383980 141949676 GTF INC ACADEMY OF MEDICINE LLC 760 SPRING ST NW STE 400 ATLANTA GA 30308 263042820 HOLDING COMP. GA 0 0 GTF INC CYPRESS ACADEMY LLC 760 SRPING ST NW STE 400 ATLANTA GA 30308 263042898 HOLDING COMP. GA 8927 4895804 GTF INC MIDTOWN OPERA LLC 760 SRPING ST NW STE 400 ATLANTA GA 30308 586043294 HOLDING COMP. GA 0 0 GTF INC GEORGIA TECH FOUNDATION FUNDING CORP 760 SPRING ST NW SUITE 400 ATLANTA GA 30308 582587017 FINANCING GA 501(C)(3) 11A GTF INC GEORGIA TECH FOUNDATION REAL ESTATE HOLD 760 SPRING ST NW SUITE 400 ATLANTA GA 30308 581948026 REAL ESTATE GA 501(C)(2) N/A GTF INC GEORGIA TECH INSTITUTE OF TECHNOLOGY 225 NORTH AVENUE ATLANTA GA 30332 586002023 EDUCATION GA N/A N/A NA DOROTHYDANIEL BLITCH CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586406222 TRUST GA GTF INC T 0 25825 0.47365 E DENNIS HUTHNANCE CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586402775 TRUST GA GTF INC T 0 39046 0.44404 EDWARD E DAVID JR CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586424657 TRUST GA GTF INC T 0 36996 0.63283 ERNEST A FORT CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586424633 TRUST GA GTF INC T 0 72819 0.43336 ERNEST C RIETH CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586430055 TRUST GA GTF INC T 0 36346 0.56457 EUGENE M CLARY CRUT #3 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586283779 TRUST GA GTF INC T 0 70419 0.52681 F WILLIAM SCOTT CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586331557 TRUST GA GTF INC T 0 55916 0.76082 FRANCISCO ROBLES CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 776266329 TRUST GA GTF INC T 0 218584 0.26751 GEORGE F SMITH CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586359021 TRUST GA GTF INC T 0 140978 0.73923 GEORGE REYNOLDS CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586430056 TRUST GA GTF INC T 0 29144 0.37973 GOLDIN FAMILY CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 900231335 TRUST GA GTF INC T 0 292789 0.50135 GTF POOLED INCOME FUND 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586093829 TRUST GA GTF INC T 0 557598 0.87184 HAROLDGERALDINE HARRISON CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586291314 TRUST GA GTF INC T 0 185417 0.75309 JAMES HOLMES CRT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 776260003 TRUST GA GTF INC T 0 75844 0.40089 JAMES F BEALL CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586162695 TRUST GA GTF INC T 0 134414 0.50772 JAMES P POOLE CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586258823 TRUST GA GTF INC T 0 141950 0.69779 JEANNE R FERST CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586325224 TRUST GA GTF INC T 0 4576 1.00000 JESSIERALPH PRIES CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586406224 TRUST GA GTF INC T 0 39697 0.78248 L TRAVIS BRANNON CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586205049 TRUST GA GTF INC T 0 60529 0.59767 LEHRER CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 206482542 TRUST GA GTF INC T 0 31585 0.30252 MILTCAROLYN STEWART CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 776270177 TRUST GA GTF INC T 0 5122580 0.66750 MILTCAROLYN STEWART CRAT I 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 776250226 TRUST GA GTF INC T 0 1946702 0.61846 MILTCAROLYN STEWART CRAT II 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 776250655 TRUST GA GTF INC T 0 1668008 0.61093 P FRANK HAGERTY CRAT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586417304 TRUST GA GTF INC T 0 0 0.00000 RICHARD A GUTHMAN CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586331541 TRUST GA GTF INC T 0 81657 0.53654 SUSAN BYRD MERRILL CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586413122 TRUST GA GTF INC T 0 25866 0.41923 BUFORDSHEILA SMITH CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 776274679 TRUST GA GTF INC T 0 39205 0.35523 ROBERTJAMES DONEGAN CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 776250652 TRUST GA GTF INC T 0 114295 0.40051 THEODORESTHER DE VRIES CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586354946 TRUST GA GTF INC T 0 114265 0.72991 VERA WATSON KEISLING TRUST 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586447006 TRUST GA GTF INC T 0 2562 0.20383 WEITNAUER CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586291313 TRUST GA GTF INC T 0 100725 0.66196 WILLARD KELLS CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 586297893 TRUST GA GTF INC T 0 31340 0.51285 WILLIAM C BURGESS CRUT 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 776256158 TRUST GA GTF INC T 0 49492 0.25269 false true true false true false false false false false true false false false true false false false GEORGIA TECH FOUNDATION FUNDING CORPORATION B 1083604 GEORGIA TECH FOUNDATION FUNDING CORPORATION E 26463565 GEORGIA TECH FOUNDATION FUNDING CORPORATION C 855054 GEORGIA INSTITUTE OF TECHNOLOGY B 77088739 GEORGIA INSTITUTE OF TECHNOLOGY O 3038507