MIDDLE GEORGIA STATE UNIVERSITY FOUNDATION INC

MACON, GA, 31206-5100 (478) 471-2732 Est. 1969 EIN 23-7066010
B42I - Education 990 - Public charity return 501(c)(3)
www.mga.edu/foundation

Mission

MIDDLE GEORGIA STATE UNIVERSITY FOUNDATION STRIVES TO IMPROVE THE LIVES OF PEOPLE IN CENTRAL GEORGIA BY ENABLING MIDDLE GEORGIA STATE UNIVERSITY TO ACHIEVE EXTRAORDINARY RESULTS. THE FOUNDATION PROVIDES RESOURCES TO THE UNIVERSITY AND ITS STUDENTS THAT ENHANCE THE EDUCATIONAL EXPERIENCE.

Giving Portfolio

Total Grants
5
Total Giving
$2.4M
Recipients
5
Years Active
2018 - 2024
Avg grant: $473,290 Median: $466,545

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$558K $558K01
20231$424K $424K01
20221$467K $467K01
20201$572K $572K01
20181$345K $345K10

Top States

Georgia
5

Top Grantees

MIDDLE GEORGIA STATE UNIVERSITY
GA - 5 grants
$2.4M

Financials

Total Revenue
$3,697,332
Total Expenses
$2,181,136
Net Assets
$27,159,219
30 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↓ 44.7%
Expenses ↑ 56.1%
Revenue Sources
Contributions 60.7% Earned revenue 22.0% Investment 12.8% Other 4.0%
Expense Breakdown
Program 95.0% Management 2.8% Fundraising 2.2%

Officers & Trustees (36)

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Filing History (5 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$3,697,332 ↓$2,181,136$27,159,219
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$6,684,956 ↑$1,397,528$24,469,234
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$3,286,078 ↑$1,381,441$17,541,010
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$2,377,099 ↓$1,429,248$19,440,862
2018 990 - Public charity return
Jan 1, 2018 to Dec 31, 2018
$3,129,380 $1,302,804$13,933,088

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EIN: 23-7066010 · Source: IRS Form 990 e-file data