GEORGIA STATE UNIVERSITY FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

GEORGIA STATE UNIVERSITY FOUNDATION INC

EIN 58-6033185 · Education (B110)

What they do

The Georgia State University Foundation Serves As An Ambassador of Georgia State University, Supporting and Assisting The University In Achieving Its Mission Through The Identification, Cultivation, Solicitation, and Stewardship of Gifts and By Collaborating and Advising On Activities for The Benefit and Advancement of The University.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.50 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 leaders39 people are listed in the latest report.

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

Money made simple

68.22%of revenue went to mission work96.5% of expenses · Program services

1.22%of revenue went to fundraising1.7% of expenses

$70.72spent for every $100 of revenueRevenue covered expenses this year.

1.28%of revenue went to management and office costs1.8% of expenses

$8.73in assets for every $1 spent this yearSome assets cannot be spent right away.

54.4%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 $304,659 for CHERYL HARRELSON (PRESIDENT & VP OF UNIVERSITY ADVANCEMENT). 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$91,574,733

Mission workProgram services$62,473,53268.22% of revenue96.5% of expenses

ManagementOffice and general costs$1,171,3571.28% of revenue1.8% of expenses

FundraisingAsking for donations$1,115,3171.22% of revenue1.7% of expenses

Revenue left after expensesReported annual surplus$26,814,52729.28% of revenueShown in gray on the chart

Total expenses$64,760,20670.72% 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: 96.5% mission · 1.8% management · 1.7% fundraisingTotal expenses: 70.72% of revenue

2023Expense mix: 92.8% mission · 4.4% management · 2.8% fundraisingTotal expenses: 88.99% of revenue

2022Expense mix: 90.6% mission · 7.6% management · 1.8% fundraisingTotal expenses: 55.62% of revenue

2021Expense mix: 91.9% mission · 5.7% management · 2.4% fundraisingTotal expenses: 37.76% of revenue

2020Expense mix: 93.9% mission · 4.4% management · 1.7% fundraisingTotal expenses: 64.67% of revenue

2019Expense mix: 93.5% mission · 4.5% management · 2.0% fundraisingTotal expenses: 108.97% of revenue

2018Expense mix: 94.6% mission · 3.5% management · 1.9% fundraisingTotal expenses: 124.49% of revenue

2017Expense mix: 92.2% mission · 5.3% management · 2.5% fundraisingTotal expenses: 52.16% of revenue

Money in and money out

Revenue$91,574,733

Expenses$64,760,206

Annual surplus $26,814,527 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)$62,473,532 · 96.5% of expenses

Management and office costs$1,171,357 · 1.8% of expenses

Fundraising$1,115,317 · 1.7% of expenses

See all reported dollar amounts

Revenue$91,574,733

Expenses$64,760,206

Assets$565,653,579

Income$160,207,543

Contributions$49,862,355

Mission work (program services)$62,473,532

Fundraising$1,115,317

Grants given$158,956,061

Average grant$4,415,446

Management and general$1,171,357

Stocks and bonds$197,497,677

Accounting fees$110,821

Investing fees$650,285

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

CHERYL HARRELSONPRESIDENT & VP OF UNIVERSITY ADVANCEMENT · 20 hrs/week $304,659Base $275,616 · Other $29,043

TABATHA MICHELGSUF INTERIM PRESIDENT/ AVP · 20 hrs/week $282,863Base $251,384 · Other $31,479

CHRIS BURGEAVP ADVANCEMENT INFOSYS/TECH · 40 hrs/week $260,869Base $191,471 · Other $69,398

DALE PALMERGSUF ASSISTANT TREASURER/CFO · 35 hrs/week $256,799Base $216,330 · Other $40,469

HOLLY SAILERSCOMPTROLLER · 40 hrs/week $188,157Base $147,746 · Other $40,411

FELICIA THOMASGSUF ASST. SECRETARY · 20 hrs/week $95,400Base $61,594 · Other $33,806

TELLY MCGAHAGSUF INTERIM PRESIDENT/AVP · 20 hrs/week $68,431Base $61,886 · Other $6,545

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 (39)

CHERYL HARRELSONPRESIDENT & VP OF UNIVERSITY ADVANCEMENT

TABATHA MICHELGSUF INTERIM PRESIDENT/ AVP

CHRIS BURGEAVP ADVANCEMENT INFOSYS/TECH

DALE PALMERGSUF ASSISTANT TREASURER/CFO

HOLLY SAILERSCOMPTROLLER

FELICIA THOMASGSUF ASST. SECRETARY

TELLY MCGAHAGSUF INTERIM PRESIDENT/AVP

REGYNALD G WASHINGTONSECRETARY/TRUSTEE

MARK C ADAMSTRUSTEE

MARY STOKESVICE CHAIR/CHAIR, INVESTMENT/TRUSTEE

NANCY R MANSFIELDTRUSTEE

NEDA A BARQAWITRUSTEE

NIKITA J TRIVEDITRUSTEE

PATRICK KOTRUSTEE

PAULA STEPHENSTRUSTEE

RANDALL KENTEX-OFFICIO (ALUMNI ASSOCIATION BOARD CHAIR)/TRUSTE

KIMBERLY REEDTRUSTEE

SABRINA SANDERSTRUSTEE

SUSAN ECKERTTRUSTEE

TERRANCE ROGERSTRUSTEE

TRACY L DANIELSTRUSTEE

URSULA GODOY-ARBELAEZTREASURER & CHAIR, FINANCE COMMITTEE/TRUSTEE

FABIOLA CHARLES-STOKESTRUSTEE

ALFRED AL MCRAETRUSTEE

ALISON B JONESTRUSTEE

ALLISON POWELLTRUSTEE

CHRISTOPHER CHANTRUSTEE

DAN KRAUSETRUSTEE

DR GRIMESTRUSTEE

ERIKA MEINHARDTTRUSTEE

ESMAEL HILLCHAIR, REAL ESTATE COMMITTEE/TRUSTEE

M BRIAN BLAKEEX-OFFICIO TRUSTEE & GSU PRESIDENT

FELICIA M MAYFIELDCHAIR, DEVELOPMENT/TRUSTEE

FRANK H BOYKINIMMEDIATE PAST BOARD CHAIR/TRUSTEE

JANINE BOWENCHAIR, NOV & GOV/TRUSTEE

KEVIN E LOFTONGSUF BOARD CHAIR/TRUSTEE

AILEEN B VALIANOSTRUSTEE

KIMBERLY S HIXONCHAIR, AUDIT COMMITTEE/TRUSTEE

L JARED ABRAMSONEX-OFFICIO & GSU EVP & COO

About this charity

Recognized since: January 1961
Location: PO Box 2668, Atlanta, GA 303012668
County: Fulton
In care of: Cheryl Harrelson
Primary officer: Cheryl Harrelson, President

How to reach them

WebsiteVisit the charity’s website Phone(404) 413-3402

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: MAULDIN & JENKINS LLC
NTEE classification: Education (B110)
Grant-giving organization: Yes