Skip to content

Georgia · Nonprofit

MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED

MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED (Georgia) receives grants from 31 organizations whose IRS filings report $7,830,954 to it, the largest being THE COMMUNITY FOUNDATION FOR THE CENTRAL SAVANNAH RIVER AREA INC ($2,199,706). 17 of them have funded it in more than one year, and 56% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$28M
Funders on record
31
Grants received
$7.8M
Net assets
$414M
17/31 repeat funderspeak grant-dependency 8%
01What it does

What Medical College of Georgia Foundation Incorporated does

Mission

The misson of the medical college of georgia foundation is to improve the quality of life of the people of georgia, the nation, and the world by supporting the advancement of education, research, and patient care at augusta university.

As stated on its FY2025 Form 990.

Program

  1. The foundation serves the needs and interests of the medical college of georgia, the augusta university health sciences campus and the augusta university health system. The foundation receives and administers funds for the support and enhancement of the medical college of georgia, the augusta university health sciences campus and the augusta university health system, and manages investments and distributed funds in accordance with donor instructions and board of director's intentions for gifts. The foundation provides support for faculty chairs, research in the health sciences fields, scholarships to qualified students and other institutional programs.

    $11,460,883 spentof which $10,537,103 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $11,460,883.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($11M) Expenses 100 ($7.6M) Net assets 100 ($242M)2018 Revenue 138 ($16M) Expenses 116 ($8.9M) Net assets 106 ($258M)2019 Revenue 551 ($62M) Expenses 116 ($8.8M) Net assets 109 ($264M)2020 Revenue -99 ($-11146185) Expenses 133 ($10M) Net assets 108 ($261M)2021 Revenue 112 ($13M) Expenses 138 ($11M) Net assets 140 ($338M)2022 Revenue 128 ($14M) Expenses 159 ($12M) Net assets 127 ($307M)2023 Revenue 144 ($16M) Expenses 165 ($13M) Net assets 137 ($332M)2024 Revenue 156 ($18M) Expenses 181 ($14M) Net assets 151 ($366M)2025 Revenue 250 ($28M) Expenses 195 ($15M) Net assets 171 ($414M)
'17'18'19'20'21'22'23'24'25
Revenue (250)Expenses (195)Net assets (171)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $273M to $352M (+29%).

$246M
$264M
$274M
$273M
$352M
$324M
$349M
$382M
$420M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 1% · 2022 36% · 2023 56% · 2024 52% · 2025 1%. Grants only. Government contracts and fees sit inside program revenue.

74% of MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,251 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$3.7M
’17
$6.7M
’18
$53M
’19
−$21M
’20
$2.1M
’21
$2.3M
’22
$3.6M
’23
$3.8M
’24
$13M
’25
2.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Ian Mercier

President/CEO

Board chair

Charles G Green Jr Md

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed232423262722262628
Joined·+5+2+3+1+1+5+3+3
No longer listed·43006131
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 9 funders, grant income rose $86k → $933k.

13 of 31 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 56% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED’s funders (the co-funder graph). Top 30 of 31 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED leans on a few funders — its largest provides 28% of grant income and the top three 70%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED.

28%
largest funder
70%
top three
~5
effective funders

Largest funder’s share by year: 2017 64% · 2018 76% · 2019 62% · 2020 73% · 2021 47% · 2022 71% · 2023 93% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

31% of MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

56% of MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $3.4M that is directly attributable, 68% of it comes from funders outside Georgia, across 9 states.

NY
NJ
RI
CA
MO
DE
NC
GA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Georgia out of state home

Funder states come from each funder’s own filing. $4.4M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED runs a healthier operating margin than three-quarters of the 3,758 education nonprofits its size.

Operating margin47% · top quartile
Months of reserve2.3mo · below the median
Revenue growth (annualized)12% · above the median

this organization peer median middle 50% of peers· 3,758 education nonprofits $10M–$100M, FY2025

Organizations like MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 17%Fundraising 6%

Governance

23
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

85%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

GA

Part of a family of 7 related entities

  • Central Square LLC · disregarded
  • Resurgens Properties LLC · disregarded
  • Paceline Ride LLC · disregarded
  • Hub Augusta Collaborative Inc · exempt
  • Hub for Community Innovation Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED?
MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED (Georgia) receives grants from 31 organizations whose IRS filings report $7,830,954 to it, the largest being THE COMMUNITY FOUNDATION FOR THE CENTRAL SAVANNAH RIVER AREA INC ($2,199,706). 17 of them have funded it in more than one year, and 56% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED have?
IRS filings report 31 organizations giving $7,830,954 in grants to MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED, 17 of which have funded it in more than one year.
Who is the largest funder of MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED?
THE COMMUNITY FOUNDATION FOR THE CENTRAL SAVANNAH RIVER AREA INC is the largest funder on record, with $2,199,706 in grants. The full list of funders is on this page.
How can an organization like MEDICAL COLLEGE OF GEORGIA FOUNDATION INCORPORATED find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 31 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing