Key facts

Reported value

USD 2.43 billion

As of

June 30, 2025

Portfolio

Foundation endowment funds

Investment office

Georgia Tech Foundation

Spending policy

4% on stated policy basis

Data through FY2025

Balance reference

Endowment size and reporting scope

The endowment balance is a stock of resources at a particular date. Investment income and appropriations are flows measured across a period. A closing balance can rise through new gifts, retained gains or transfers, and can fall through spending and market losses. Those movements affect the scale of support available in future budgets. Percentage performance requires a return calculation that accounts for cash flows; dividing the dollar change by the opening balance creates a different measure. Financial reporting basis

The latest balance is labelled georgia tech foundation endowment net assets and is dated June 30, 2025. The return series identifies the portfolio as Foundation endowment funds. The historical survey below retains the respondent scope reported to NACUBO. A pooled investment vehicle can include working capital, reserves or assets for associated organizations alongside endowed gifts. Each participating fund owns its own economic interest in that vehicle. The pool's market value, the institution's endowment balance and the investment manager's corporate assets describe different quantities. Official report

Source: NACUBO · Data through FY2025

The endowment's reported survey value moved from USD 1,843.8 million to USD 3,507.4 million across these observations. This 90.2% change includes gains and losses on investments along with gifts, spending and transfers. NACUBO historical values FY2025 respondent table

Spending policy and payout

The foundation appropriated $91.840 million from endowment assets in FY2025, compared with $78.362 million in FY2024. Its annual appropriation was 4% of the trailing twelve-quarter average, including a 0.70% administrative fee. The board approves the percentage through the annual budget process. Spending disclosure

Source: gtf.gatech.edu · Data through FY2025

Distribution report

Spending reaches the beneficiary through the institution's appropriation process. Donor purposes continue to govern the use of the money after it leaves the investment pool. The reported payout and policy percentage answer different questions because their periods and denominators differ. Distribution basis

Spending authority and investment liquidity have different roles. An appropriation permits resources to support the designated activity. The investment portfolio must also be able to deliver the cash needed for that support and for existing commitments. Private-fund valuations, redemption terms and capital calls affect that timing. A single closing market value does not show all those demands. The spending formula and audited fund categories provide additional context for the amount reaching operations. Spending and reporting scope

Governance and investment office

The foundation board oversees the endowment and its appropriation policy. Board-designated quasi-endowment can be made available through the foundation budget and approval process. Georgia Institute of Technology and its related foundations together form the broader survey respondent. Investment governance

Federal excise tax on investment income

Public Law 119-21 changed Section 4968 for tax years beginning after December 31, 2025. The private-college schedule requires at least 3,000 tuition-paying students in the preceding tax year, more than half located in the United States, and student-adjusted endowment of at least $500,000. The rates are 1.4% from $500,000 through $750,000 per student, 4% above $750,000 through $2 million, and 8% above $2 million. Enacted law, Section 70415

This respondent includes a public university and affiliated charitable organizations. State colleges and universities described in Section 511(a)(2)(B) are excluded from Section 4968. An affiliated foundation is a separate legal organization. Its public-charity filing status does not itself establish liability for the private-foundation investment-income tax or a private-college tier. Related-organization rules must be read with the public-university exclusion.

The statutory asset base excludes assets used directly for exempt purposes and uses prior-year values and the statutory student-count rules. A survey endowment divided by a fall enrollment count does not reproduce that calculation. An endowment appropriation rate uses a different denominator from a tax rate on investment income.

FY2025 size-band comparison

The FY2025 NACUBO respondent value of USD 3,507.4 million places this reporting entity in the $1B to $5B band. The published group contains 125 respondents. Its average annualized five-year return was 10.8%, its ten-year average was 8.0%, and its average effective spending rate was 4.5%. These are survey averages for FY2025. Respondent counts Average net returns Spending-rate table

Source: NACUBO · Data through FY2025

NCSE's figures are size-band averages, rather than medians or the institution's policy targets. The allocation graphic uses the published survey categories and identifies the rounding difference. A single year's result and a trailing annualized return measure different periods. Survey allocation definitions

The NCSE allocation groups combine several underlying investment strategies. Alternatives can include private capital, hedge funds and real assets, so matching that broad percentage does not imply matching individual holdings or liquidity. The size-band return is an average of respondent results. It describes a survey group for a common period and does not replace the institution's own investment-policy benchmark. Trailing five- and ten-year returns are annualized compound results, while the one-year return measures the final fiscal year alone. NCSE definitions

Public records and reporting dates

The ProPublica API identifies the legal filer as Georgia Tech Foundation Inc, EIN 586043294. Its available Form 990 data for the fiscal year ended June 30, 2023 report total filer assets of USD 3,107.758 million, revenue of USD 238.958 million, expenses of USD 154.132 million. These figures cover the legal filer. Its assets and operating activity can include resources outside the endowment, and this filing period predates the investment figures above. ProPublica structured filing data This filing belongs to the named foundation; it covers only that legal entity within the broader university reporting structure.

Related reading

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