Call Our Team: (212) 729-5067 - Mail Team@Endowments.com

Georgia State University Foundation Endowment Fund

Name: Georgia State University Foundation

Assets Under Management: $937.2 Million (Source: Georgia State University Foundation on 6/30/2013)

Annual Report: Georgia State University Research Foundation, Inc. and Affiliate (A Component Unit of the State of Georgia) Financial Statements and Compliance Reports For the Year Ended June 30, 2013

Portfolio Insights: “Georgia State University Research Foundation, Inc. (the “Research Foundation”) is a non-profit corporation created to support the research activities of Georgia State University (the “University”). The Research Foundation supports such research activities by accepting and administering grants/contracts received in support of research proposals submitted by University employees through the Research Foundation.

The Research Foundation is required to present certain investments at their fair value if the investment has a readily determined market value. Substantially all investments consist of marketable equity securities that are invested by the Georgia State University Foundation, Inc. on behalf of the Research Foundation and securities obtained through the sale of patent licenses. Investments are recorded at fair value with all unrealized and realized gains and losses included as increases or decreases in unrestricted or restricted expendable net position.” (Source)

Our team, the Endowment Fund Association (EFA) and Endowments.com is the #1 community and most visited website dedicated to endowment fund professionals.  We provide endowment funds with buy-side co-investment and direct investment deal origination services, outsourced chief investment officer selection help,  and also provide Endowment 500 research and Endowment Database Solutions.

Top Georgia State University Foundation Endowment Fund Headlines:

1) The Georgia State University Foundation has purchased a 3.8-acre plot of land in downtown Atlanta adjacent to the Georgia State campus for the purpose of constructing a practice and office complex for the Panthers’ new football program.

The plot is at 188 Martin Luther King, Jr., Blvd, walking distance from current athletic facilities in the Georgia State Sports Arena. The land was purchased at a cost of approximately $6.6 million.

Plans for the complex include a 100-yard artificial turf field, a 50-yard natural grass field and a football building that would house coaches’ offices, locker room, weight room, meeting rooms, training room and equipment room. Initial plans call for an existing structure on the site to be incorporated into the facility. (Source)

2) The vision of the Georgia State University Foundation is to enable Georgia State University to become the leading public research university in an urban setting.

The mission of the Georgia State University Foundation is to support the mission of the university by securing private funding and by protecting and growing the foundation’s assets. (Source)

3) Georgia State University celebrated the Leaders, Benefactors and Legacy Circles of the Presidents Society with a dinner on Friday, Oct. 24. Events such as these are intended to thank our loyal supporters for their devoted generosity and also to recognize them for the important role they play in the advancement of the university — and, in turn, our city, state and region. Named in honor of Georgia State’s presidential leadership, the Presidents Society recognizes the university’s most dedicated supporters. Members of our Leaders and Benefactors Circles provide lifetime giving that transforms the university and its ability to provide superior learning and research opportunities, and members of the Legacy Circle help ensure our long-term stability and excellence through their enduring estate gifts.

The Georgia State University Foundation extends gratitude to this premier group of individuals and organizations in recognition of their cumulative gifts totaling $1 million or more. Members of our Leaders Circle and their groundbreaking gifts provide fundamental support of the university’s mission as a premier research institution. (Source)

4) GSU turned to TUFF to bridge the financing gap. TUFF purchased the building and renovated the theater complex to the school’s exact specifications.  The $16.8 million complex consists of three facilities: two office buildings and an amphitheater. TUFF invested $4.8 million, while the Woodruff Foundation made a $3 million grant and the Georgia State University Foundation raised $9 million. At the end of 2009, TUFF transferred ownership back to GSU’s foundation. (Source)

5) The Georgia State University Foundation has finalized the purchase of the building at 55 Park Place in downtown Atlanta for $33.5 million, giving the university access to more than half a million square feet of office space.

“When the building at 55 Park became available, it was clear to all of us that the location, space and overall quality made it a fantastic acquisition for Georgia State,” said President Mark P. Becker. “One of our biggest assets as a university is our ability to put both students and faculty squarely in the middle of this city’s business and governmental activity, and this new property makes that asset even more valuable.” (Source)

About Richard C. Wilson