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Nonprofit · EIN 23-7066297

UNIVERSITY OF NORTH GEORGIA FOUNDATION INC

Tax-exempt · DAHLONEGA, GA 30533

Financials

$11M$9.8M2023$10.8M$15.6M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSITY OF NORTH GEORGIA FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$10,752,634$15,615,006-$4,862,372$130,497,587$3,474,166$127,023,421
June 30, 2024990$10,963,329$9,844,560$1,118,769$121,529,067$484,151$121,044,916
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$7,736,847
Program service revenue
$0
Investment income
$3,017,543
Royalties
$5,882
Net gain from sales of assets
$1,581,475
Net income from fundraising events
-$37,178
Other revenue
-$1,756

Expenses

Grants and similar amounts paid
$14,616,957
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$34,708
Occupancy
$3,840
Program services (functional)
$15,214,614
Management and general (functional)
$374,470
Fundraising (functional)
$25,922

Balance sheet and other

Total assets, start of year
$121,529,067
Total assets, end of year
$130,497,587
Total liabilities, end of year
$3,474,166
Net assets, end of year
$127,023,421
Publicly traded securities
$116,330,486
Net assets without donor restrictions
$15,950,932
Net assets with donor restrictions
$111,072,489
Gross unrelated business income
-$4,883
Gross receipts
$32,443,984
Employees
15
Volunteers
29
Year formed
1959
State of legal domicile
GA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR MIKE P SHANNONTRUSTEE, PRESIDENT UNG
Trustee or director
1$0$400,315$90,223
MR JEFF TARNOWSKICEO
Officer
8$0$186,930$87,438
AMANDA L HARDENCFO
Officer
8$0$125,049$92,505
MR JACK ELROD IIICHAIRMAN
Trustee or director, Officer
4$0$0$0
MS JENNY MULLERVICE-CHAIRMAN
Trustee or director, Officer
4$0$0$0
MR CHRISTOPHER H KITCHENSTREASURER, COMMITTEE CHAIR
Trustee or director, Officer
4$0$0$0
MR JOSH TETEAKSECRETARY
Trustee or director, Officer
4$0$0$0
MS BETH H BALDWINCOMMITTEE CHAIRMAN
Trustee or director
4$0$0$0
MR MICHAEL HIGLEYCOMMITTEE CHAIRMAN
Trustee or director
4$0$0$0
MRS MARY HELEN MCGRUDERCOMMITTEE CHAIRMAN
Trustee or director
4$0$0$0
MR NICHOLAS 'NICK' MASSENGILLIMMEDIATE PAST CHAIR
Trustee or director
4$0$0$0
MR PATRICK 'PAT' MAGILLTRUSTEE
Trustee or director
1$0$0$0
MR GLENNIS BARNESTRUSTEE
Trustee or director
1$0$0$0
MRS JEANNELL F GOINESTRUSTEE
Trustee or director
1$0$0$0
MR STEVEN 'KELLY' HORNETRUSTEE
Trustee or director
1$0$0$0
17 more people on this return
NameTitleHours / weekCompensation
MS LAURIE BAGLEYTRUSTEE
Trustee or director
1$0
MR DONALD 'DON' MCCUNNIFFTRUSTEE
Trustee or director
1$0
MR OSCAR 'BO' FEARS JRTRUSTEE
Trustee or director
1$0
MR JAMES A FAULKNERTRUSTEE
Trustee or director
1$0
DR LARRY PAYNETRUSTEE
Trustee or director
1$0
MRS CAROL BURRELLTRUSTEE
Trustee or director
1$0
MRS CHRIS CRAWFORDTRUSTEE
Trustee or director
1$0
MR GILES BOWMANTRUSTEE
Trustee or director
1$0
MR PHILIPP BIECHTELERTRUSTEE
Trustee or director
1$0
LTG STEPHEN FOGARTYTRUSTEE
Trustee or director
1$0
DR KATIE METROCKTRUSTEE
Trustee or director
1$0
MRS VANESSA SARAZUATRUSTEE
Trustee or director
1$0
MR DEAN 'STEWART' SWANSONTRUSTEE
Trustee or director
1$0
MR MARVIN VINESTRUSTEE
Trustee or director
1$0
MR WILLIAM 'BILL' MITCHELLTRUSTEE
Trustee or director
1$0
MS AMANDA M WILKSONTRUSTEE
Trustee or director
1$0
MR ROBERT 'BOB' SWOSZOWSKITRUSTEE
Trustee or director
1$0
990 for the year ended June 30, 2024: 30 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Dr Mike P ShannonTrustee, President UNG
Trustee or director
1$0$210,255$46,720
Mr Jeff TarnowskiCEO
Officer
8$0$179,527$76,618
Amanda L HardenCFO
Officer
8$0$124,343$87,579
Mr Nicholas W MassengillChairman
Trustee or director, Officer
4$0$0$0
Mr Jack ElrodVice-Chairman
Trustee or director, Officer
4$0$0$0
Mr Christopher H KitchensTreasurer, Committee Chairman
Trustee or director, Officer
4$0$0$0
Mr Glennis BarnesSecretary
Trustee or director, Officer
4$0$0$0
Ms Beth H BaldwinCommittee Chairman
Trustee or director
4$0$0$0
Ms Jenny MullerCommittee Chairman
Trustee or director
4$0$0$0
Mrs Mary Helen McGruderCommittee Chairman
Trustee or director
4$0$0$0
Mr James A FaulknerImmediate Past Chair
Trustee or director
4$0$0$0
Mr Patrick MagillTrustee
Trustee or director
1$0$0$0
Mr Josh TeteakTrustee
Trustee or director
1$0$0$0
Mrs Jeannell F GoinesTrustee
Trustee or director
1$0$0$0
COL Ret E Wayne DillTrustee
Trustee or director
1$0$0$0
Mr Michael HigleyTrustee
Trustee or director
1$0$0$0
Mrs Jane HemmerTrustee
Trustee or director
1$0$0$0
Mr Oscar 'Bo' FearsTrustee
Trustee or director
1$0$0$0
LTG Ret Benjamin Randy MixonTrustee
Trustee or director
1$0$0$0
Dr Larry PayneTrustee
Trustee or director
1$0$0$0
Mrs Carol BurrellTrustee
Trustee or director
1$0$0$0
Mrs Chris CrawfordTrustee
Trustee or director
1$0$0$0
Mr Giles Bowman JrTrustee
Trustee or director
1$0$0$0
Mr Philipp BiechtelerTrustee
Trustee or director
1$0$0$0
LTG Stephen FogartyTrustee
Trustee or director
1$0$0$0
Dr Katie MetrockTrustee
Trustee or director
1$0$0$0
Mrs Vanessa SarazuaTrustee
Trustee or director
1$0$0$0
Mr Dean 'Stewart' SwansonTrustee
Trustee or director
1$0$0$0
Mr Marvin VinesTrustee
Trustee or director
1$0$0$0
Conrad EasleyTrustee
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 1599, DAHLONEGA, GA 30533-0027
Principal officer (990 for 2024)
JACK ELROD, PO BOX 1599, DAHLONEGA, GA 30533
Signed the 990
AMANDA HARDEN, COO
Phone
(706) 867-3093
Return prepared by
MAULDIN & JENKINS LLC

Mission

SUPPORT UNIVERSITY OF NORTH GEORGIA STUDENTS, FACULTY, STAFF, AND ALUMNI AND THE RELATED EDUCATIONAL PROGRAMS.

990 for the year ended June 30, 2025

Program accomplishments

  • ACADEMIC AND OTHER PROGRAM SUPPORT - SUPPLEMENTAL SALARY SUPPORT, FACULTY DEVELOPMENT, AND EQUIPMENT SUPPORT.
    Expenses $6,178,033 · grants $5,936,271
  • STUDENT SERVICES - FUNDS FOR STUDENT FINANCIAL AID AND SUPPORT OF STUDENT LIFE PROGRAMS.
    Expenses $4,557,409 · grants $4,550,634
  • SUPPORT FOR UNIVERSITY OF NORTH GEORGIA.
    Expenses $4,479,172 · grants $4,130,052

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7066297
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Organization supporting a government college or university
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1961
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$130,497,587
Income (IRS master file)
$32,443,984

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$10,752,634$15,615,006$130,497,587XML
990-TJune 2025–––IRS
990June 2024$10,963,329$9,844,560$121,529,067XML
990-TJune 2024–––IRS
990June 2023$8,294,894$8,518,453$108,524,336IRS
990-TJune 2023–––IRS
990June 2022–––IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7066297).

Questions about UNIVERSITY OF NORTH GEORGIA FOUNDATION INC

What is the EIN of UNIVERSITY OF NORTH GEORGIA FOUNDATION INC?
The employer identification number (EIN) of UNIVERSITY OF NORTH GEORGIA FOUNDATION INC is 23-7066297.
Is UNIVERSITY OF NORTH GEORGIA FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1961.
Are donations to UNIVERSITY OF NORTH GEORGIA FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSITY OF NORTH GEORGIA FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of UNIVERSITY OF NORTH GEORGIA FOUNDATION INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSITY OF NORTH GEORGIA FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of UNIVERSITY OF NORTH GEORGIA FOUNDATION INC?
The 990 for the year ended June 30, 2025 names JACK ELROD.
Who are the officers and directors of UNIVERSITY OF NORTH GEORGIA FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 32 people; 0 received compensation from the organization.
How much revenue does UNIVERSITY OF NORTH GEORGIA FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $10,752,634, expenses of $15,615,006 and total assets of $130,497,587 at year end.

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