MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED Charity Report

Public IRS 990 nonprofit record

MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED

EIN 58-0706796 · Single Organization Support (B11)

What they do

THE MEDICAL COLLEGE of GEORGIA FOUNDATIONS MOST SIGNIFICANT ACTIVITIES INVOLVE RECEIPTING, INVESTING and DISTRIBUTING FUNDS for THE BENEFIT of MEDICAL COLLEGE of GEORGIA and THE HEALTH SCIENCES AT AUGUSTA UNIVERSITY and ITS RELATED TEACHING HOSPITAL. THE FOUNDATION WORKS WITH DONORS SEEKING to MAKE CHARITABLE CONTRIBUTIONS for THE BENEFIT of THE MEDICAL SCIENCES AT AUGUSTA UNIVERSITY. IT ALSO DISTRIBUTES MONIES to THE MEDICAL SCIENCES AT AUGUSTA UNIVERSITY WHILE PROVIDING OVERSIGHT and STEWARDSHIP of THE CHARITABLE FUNDS ENTRUSTED to IT.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders28 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

40.50%of revenue went to mission work76.9% of expenses · Program services

3.26%of revenue went to fundraising6.2% of expenses

$52.68spent for every $100 of revenueRevenue covered expenses this year.

8.92%of revenue went to management and office costs16.9% of expenses

$28.17in assets for every $1 spent this yearSome assets cannot be spent right away.

74.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $390,968 for IAN MERCIER (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$28,300,156

Mission workProgram services$11,460,88340.50% of revenue76.9% of expenses

ManagementOffice and general costs$2,524,8738.92% of revenue16.9% of expenses

FundraisingAsking for donations$921,6013.26% of revenue6.2% of expenses

Revenue left after expensesReported annual surplus$13,392,79947.32% of revenueShown in gray on the chart

Total expenses$14,907,35752.68% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.9% mission · 16.9% management · 6.2% fundraisingTotal expenses: 52.68% of revenue

2023Expense mix: 80.7% mission · 14.0% management · 5.2% fundraisingTotal expenses: 78.58% of revenue

2022Expense mix: 75.9% mission · 17.5% management · 6.6% fundraisingTotal expenses: 77.80% of revenue

2021Expense mix: 80.2% mission · 13.7% management · 6.1% fundraisingTotal expenses: 84.09% of revenue

2020Expense mix: 77.6% mission · 14.0% management · 8.4% fundraisingTotal expenses: 83.39% of revenue

2019Expense mix: 78.9% mission · 13.5% management · 7.7% fundraisingRevenue comparison unavailable

2018Expense mix: 76.7% mission · 15.4% management · 7.9% fundraisingTotal expenses: 14.18% of revenue

2017Expense mix: 82.6% mission · 17.4% management · 0.0% fundraisingTotal expenses: 56.90% of revenue

Money in and money out

Revenue$28,300,156

Expenses$14,907,357

Annual surplus $13,392,799 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$11,460,883 · 76.9% of expenses

Management and office costs$2,524,873 · 16.9% of expenses

Fundraising$921,601 · 6.2% of expenses

See all reported dollar amounts

Revenue$28,300,156

Expenses$14,907,357

Assets$419,870,107

Income$36,152,761

Contributions$21,083,280

Mission work (program services)$11,460,883

Fundraising$921,601

Grants given$62,118,941

Average grant$8,874,134

Management and general$2,524,873

Stocks and bonds$3,226,945

Accounting fees$47,539

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

IAN MERCIERPRESIDENT/CEO · 40 hrs/week $390,968Base $306,740 · Other $84,228

MARTYN JONESPACELINE PRESIDENT · 40 hrs/week $231,573Base $198,000 · Other $33,573

ANGELA REESCOO/CFO · 40 hrs/week $207,465Base $175,440 · Other $32,025

JAMES HOLMESPACELINE VICE PRESIDENT · 40 hrs/week $150,242Base $119,900 · Other $30,342

JOHN ELLINGERDIRECTORY IT · 40 hrs/week $139,863Base $114,800 · Other $25,063

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (28)

IAN MERCIERPRESIDENT/CEO

MARTYN JONESPACELINE PRESIDENT

ANGELA REESCOO/CFO

JAMES HOLMESPACELINE VICE PRESIDENT

JOHN ELLINGERDIRECTORY IT

VENDIE HHOOKS MDDIRECTOR

A LYNNE BRANNEN II MD FCCPDIRECTOR

TERRI G LOCKHART MD FACPDIRECTOR

TAT THOMPSONDIRECTOR

RUSSELL KEEN EDDEX OFFICIO

RON SPEARMAN MDDIRECTOR

RICHARD M FRANZA PHDDIRECTOR

PENNY HOUSTONDIRECTOR

PAUL G TURK MDVICE CHAIR

MURRAY A FREEDMAN MDDIRECTOR

MARK ELLISON MDDIRECTOR

LOYD B SCHNUCK JR MDSECRETARY/TREASURER

JULI MEANSDIRECTOR

JOSHUA A LANE MDDIRECTOR

JOHN STEWART MDDIRECTOR

JAMES DAVIS MD FACRADIRECTOR

J BENJAMIN DEAL DMDPAST CHAIRMAN

ELLEN GOODRICH BSN MNDIRECTOR

DON GRANTHAMDIRECTOR

CHARLES G GREEN JR MDCHAIRMAN

CAROLE M HANES DMDDIRECTOR

BUFFI G BOYD MDDIRECTOR

ANIL PURIDIRECTOR

About this charity

Recognized since: January 1959
Location: 750 ST SEBASTIAN WAY STE 150, AUGUSTA, GA 30901-0000
County: Richmond
In care of: IAN S MERCIER
Primary officer: IAN S MERCIER, PRESIDENT/CEO

How to reach them

WebsiteVisit the charity’s website Emailmcgdean@augusta.edu Phone(706) 823-5500 Officer phone(706) 823-5506

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: MAULDIN & JENKINS LLC
NTEE classification: Single Organization Support (B11)
IRS tax category: Single Organization Support
Grant-giving organization: Yes