Mission
THE FOUNDATION FUNCTIONS AS AN ADVOCATE OF ECONOMIC DEVELOPMENT FOR THE STATE OF GEORGIA.
Public Charity
GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC
Based in ATLANTA, GA, GEORGIA ECONOMIC DEVELOPMENT FOUNDATION INC operates as a Public Charity. The organization reported $676K in revenue, $406K in expenses, $548K in total assets for fiscal year 2025. Imperigo tracks 8 reported grant relationships connected to this organization totaling approximately $1.1M.
EIN: 581549902
ATLANTA, GA
Economic Development
NTEE: S30
Latest filing: 2025
Total Revenue$676K
Total Expenses$406K
Total Assets$548K
Grant Records8
Funding Total$1.1M
Filing Years2020–2025
Where $100 goes at Georgia Economic Development Foundation Inc
How Georgia Economic Development Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.
$100
Programs
the work itself
<$1
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $100 for programs
$100
The foundation served as conference sponsors for seminars on doing business in the state of georgia
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$300,000
GENERAL SUPPORT
$180,000
GENERAL SUPPORT
$100,000
GENERAL SUPPORT
$100,000
GENERAL SUPPORT
$50,000
Showing up to 5 of 8 total records — full history available with membership.
Officers & Directors
SECRETARY
Andrew Capezzuto
CHAIRMAN
Chris Carr
TREAURER
John Moffatt
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $676K | $406K | $548K |
| 2024 | $884K | $739K | $278K |
| 2023 | $236K | $537K | $133K |
| 2021 | $174K | $76K | $652K |
| 2020 | $717K | $575K | $554K |
Between 2020 and 2025, reported annual revenue declined from $717K to $676K (-6%), with total assets most recently reported at $548K.
Interactive year-over-year charts and full filing details available with membership.