2024-05-15T11:59:56-05:00 2023-06-30 135565207 KPMG LLP 500 W 5TH ST STE 800 WINSTONSALEM NC 27101 990 2022-07-01 581948026 GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION GEOR 4048945072 760 SPRING STREET NW SUITE 400 ATLANTA GA 30308 CINDY PEKRUL SECRETARY 4048945072 2024-05-10 1 CINDY PEKRUL 999009999 1 SHAWN HUTCHINSON P01048557 3362753394 2024-05-10 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CINDY PEKRUL 760 SPRING ST NW STE 400 ATLANTA GA 30308 7 0 X N/A X 1990 GA SEE SCHEDULE O.THE GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION WAS FORMED TO HOLD TITLE TO REAL ESTATE AND SIMILAR PROPERTY ON BEHALF OF THE GEORGIA TECH FOUNDATION, INC., AND FOR OTHER PURPOSE PERMITTED UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. 5 5 0 5 0 0 0 0 0 0 40502 7 10142 0 50644 7 0 0 0 0 0 0 0 0 0 0 2530 0 2530 50644 -2523 116493 113970 0 0 116493 113970 THE GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION WAS FORMED TO HOLD TITLE TO REAL ESTATE AND SIMILAR PROPERTY ON BEHALF OF THE GEORGIA TECH FOUNDATION, INC., AND FOR OTHER PURPOSES PERMITTED UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. 0 0 GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION HOLDS TITLE TO REAL ESTATE AND SIMILAR PROPERTY ON BEHALF OF THE GEORGIA TECH FOUNDATION INC., AND FOR OTHER PURPOSES PERMITTED UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. THE CORPORATION ALSO GENERATES INCOME BENEFITING THE GEORGIA TECH FOUNDATION, INC. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 GA X CINDY PEKRUL 4048945072 760 SPRING ST NW SUITE 400 ATLANTA GA 30308 GREGORY J OWENS CHAIR 1.00 2.00 X X 0 0 0 JAMES R BORDERS TREASURER 1.00 2.00 X X 0 0 0 THOMAS M HOLDER VICE CHAIR/CHAIR ELECT 1.00 2.00 X X 0 0 0 JOSEPH W EVANS DIRECTOR 1.00 2.00 X 0 0 0 MARK C TEIXEIRA DIRECTOR 1.00 2.00 X 0 0 0 AL TRUJILLO PRESIDENT 1.00 41.00 X 0 624400 54224 MARK V DELORENZO SECRETARY 1.00 41.00 X 0 374832 54403 0 999232 108627 0 0 1 0 0 7 7 7 0 0 7 2000 PROPERTY TAXES 530 2530 111609 109086 3814 3814 1070 1070 116493 113970 0 0 X 116493 113970 116493 113970 116493 113970 -2523 0 X 0 1 X 0 0 0 X PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE THE FOUNDATION DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX POSITIONS THAT SHOULD BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS FOR 2023 OR 2022. 0 0 0 AL TRUJILLO PRESIDENT 0 456400 0 150000 0 18000 0 30500 0 23724 0 678624 0 0 MARK V DELORENZO SECRETARY 0 309832 0 65000 0 0 0 30500 0 23903 0 429235 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE BOARD MEMBERS OF GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION ARE ELECTED BY THE BOARD MEMBERS OF GEORGIA TECH FOUNDATION, INC., THE SOLE MEMBER OF GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD MEMBERS OF GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION ARE ELECTED BY THE BOARD MEMBERS OF GEORGIA TECH FOUNDATION, INC., THE SOLE MEMBER OF GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD MEMBERS OF GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION ARE ELECTED BY THE BOARD MEMBERS OF GEORGIA TECH FOUNDATION, INC., THE SOLE MEMBER OF GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B DOCUMENTATION OF BOARD MINUTES THE BOARD OF DIRECTORS FOR GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION MEETS DURING THE GEORGIA TECH FOUNDATION, INC. EXECUTIVE COMMITTEE MEETING. DURING THE EXECUTIVE COMMITTEE MEETING, ANY DISCUSSION RELATED TO GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION IS APPROPRIATELY DOCUMENTED BY WAY OF MEETING NOTES. THE MEETING NOTES ARE THEN RETAINED FOR GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION'S RECORDS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEMBERS OF GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION ARE GIVEN ACCESS TO ALL GEORGIA TECH REAL ESTATE HOLDING CORPORATION, INC. RETURNS THROUGH A WEBSITE AND ASKED TO REVIEW AND PROVIDE ANY QUESTIONS AND COMMENTS BEFORE A CERTAIN DATE. ANY QUESTIONS AND COMMENTS FROM THE BOARD MEMBERS ARE NOTED AND CHANGES ARE MADE TO THE RETURN AS APPROPRIATE. ONCE ALL CHANGES HAVE BEEN MADE, IN UPDATED RETURN IS PROVIDED TO THE BOARD MEMBERS THROUGH THE SAME WEBSITE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY THE BOARD OF DIRECTORS AND OFFICERS OF GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION ARE ALSO TRUSTEES OR OFFICERS OF GEORGIA TECH FOUNDATION, INC. AS MEMBERS OF THE BOARD OF DIRECTORS FOR GEORGIA TECH FOUNDATION, INC., THE BOARD OF DIRECTORS AND OFFICERS ARE REQUIRED TO DISCLOSE ANY CONFLICT OF INTEREST WHICH APPLIES TO BOTH GEORGIA TECH FOUNDATION, INC. AND GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION. THE AUDIT COMMITTEE OF GEORGIA TECH FOUNDATION IS THEN CHARGED WITH REVIEWING ANY CONFLICTS OF INTEREST AND REPORTING THEM TO THE EXECUTIVE COMMITTEE. IF ANY ACTION IS NECESSARY, THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR TAKING THE APPROPRIATE ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS OF GEORGIA TECH FOUNDATION, INC. ARE POSTED TO THE GEORGIA TECH FOUNDATION, INC. WEBSITE. DUE TO THE FACT THAT THE GOVERNING BODY OF GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION IS A SUB SET OF GEORGIA TECH FOUNDATION INC.'S GOVERNING BODY, GEORGIA TECH FOUNDATION, INC.'S CONFLICT OF INTEREST POLICY IS APPLICABLE TO GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION. GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION'S ACTIVITY IS INCLUDING IN THE GEORGIA TECH FOUNDATION, INC.'S CONSOLIDATION FINANCIAL STATEMENTS, WHICH ARE POSTED TO THE GEORGIA TECH FOUNDATION, INC. WEBSITE. FORM 990, PART VI, SECTION B, LINE 15 REVIEW OF OFFICER COMPENSATION THE GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION DID NOT PAY COMPENSATION DURING THE YEAR. COMPENSATION IS PAID BY THE GEORGIA TECH FOUNDATION TO ITS EMPLOYEES WHO PERFORM SERVICES FOR THE GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION. THE COMPENSATION COMMITTEE OF THE GEORGIA TECH FOUNDATION IS CHARGED WITH REVIEWING AND APPROVING COMPENSATION AND BENEFITS PROVIDED BY THE GEORGIA TECH FOUNDATION, INC. THE COMPENSATION COMMITTEE IS COMPOSED OF THE FOUR BOARD OFFICERS OF THE GEORGIA TECH FOUNDATION, WHO ARE NOT COMPENSATED AND ARE NOT RELATED TO INDIVIDUALS WHOSE COMPENSATION IS UNDER REVIEW. THE COMPENSATION COMMITTEE MAY HIRE COMPENSATION CONSULTANTS AND RELIES ON MARKET DATA IN ASSESSING REASONABLENESS OF COMPENSATION AND BENEFITS FOR THE PRESIDENT AND CHIEF OPERATING OFFICER AND SENIOR STAFF. FORM 990, PART XII, LINE 2 AND PART IV, LINE 12 AUDITED FINANCIAL STATEMENTS THE FINANCIAL RECORDS OF THE GEORGIA TECH FOUNDATION REAL ESTATE HOLDING CORPORATION ARE INCLUDED IN THE AUDIT IN ACCORDANCE WITH GAAP OF THE CONSOLIDATED FINANCIAL STATEMENTS OF THE GEORGIA TECH FOUNDATION, INC. THE AUDIT COMMITTEE OF THE GEORGIA TECH FOUNDATION IS RESPONSIBLE FOR HIRING AN INDEPENDENT ACCOUNTANT TO CONDUCT THE AUDIT AND FOR REVIEWING THE RESULTS AND ACCEPTING THE AUDIT. GEORGIA TECH FOUNDATION INC 760 SPRING ST NW SUITE 400 ATLANTA GA 30308 586043294 FUNDRAISING GA 501(C)(3) LINE 5 NONE 0 GEORGIA TECH FOUNDATION FUNDING INC 760 SPRING ST NW SUITE 400 ATLANTA GA 30308 582587017 DEBT HOLDER GA 501(C)(3) LINE 12A, I GTF INC 0 GEORGIA TECH CHARITABLE LIFE INC 760 SPRING ST NW SUITE 400 ATLANTA GA 30308 581609015 INSURANCE SERVICE GA GTF C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0