The Georgia Tech Foundation provides financial assistance to the Georgia Institute of Technology. It was founded in 1932 and chartered under the tax laws of the United States as a non-profit 501(c)(3) corporation. In 2013, the Foundation provided $130.8 million in support of the Institute, including $20.7 million in scholarships, fellowships and loan funds to 3,563 students. As of June 30, 2013, the Foundation had $1.729 billion in assets. In 2013, the Foundation provided financial support for 200 students to participate in the G. Wayne Clough Georgia Tech Promise Program, a transforming scholarship program for Georgia residents whose family income falls below 150 percent of the federal poverty level. Students who qualify for the program can graduate from Georgia Tech debt free.[1]
Historyedit
The Georgia Tech Foundation came into existence in 1932. As the result of a petition for a charter by several prominent alumni, including Y. Frank Freeman ('10), William H. Glenn ('10), Robert Gregg ('05), and Frank Neely ('04), the Georgia Tech Alumni Foundation, Inc. was incorporated in January 1932. Originally formed to sell insurance policies to alumni, in 1950 the organization's charter and bylaws were changed, and in 1954, the organization became known as the Georgia Tech Foundation, Inc.[2]
Referencesedit
^. Georgia Tech Foundation. Archived from the original on 2015-09-24. Retrieved 2013-12-27.
georgia, tech, foundation, provides, financial, assistance, georgia, institute, technology, founded, 1932, chartered, under, laws, united, states, profit, corporation, 2013, foundation, provided, million, support, institute, including, million, scholarships, f. The Georgia Tech Foundation provides financial assistance to the Georgia Institute of Technology It was founded in 1932 and chartered under the tax laws of the United States as a non profit 501 c 3 corporation In 2013 the Foundation provided 130 8 million in support of the Institute including 20 7 million in scholarships fellowships and loan funds to 3 563 students As of June 30 2013 the Foundation had 1 729 billion in assets In 2013 the Foundation provided financial support for 200 students to participate in the G Wayne Clough Georgia Tech Promise Program a transforming scholarship program for Georgia residents whose family income falls below 150 percent of the federal poverty level Students who qualify for the program can graduate from Georgia Tech debt free 1 History editThe Georgia Tech Foundation came into existence in 1932 As the result of a petition for a charter by several prominent alumni including Y Frank Freeman 10 William H Glenn 10 Robert Gregg 05 and Frank Neely 04 the Georgia Tech Alumni Foundation Inc was incorporated in January 1932 Originally formed to sell insurance policies to alumni in 1950 the organization s charter and bylaws were changed and in 1954 the organization became known as the Georgia Tech Foundation Inc 2 References edit Annual Report 2013 Georgia Tech Foundation Archived from the original on 2015 09 24 Retrieved 2013 12 27 https www library gatech edu archives finding aids view docId ead UP028 ead UP028 ead xml query brand default Georgia Tech Foundation Publications Retrieved 2016 11 21External links editOfficial website nbsp This article about an organization in the United States is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Georgia Tech Foundation amp oldid 1003051112, wikipedia, wiki, book, books, library,
