Georgia Tech Foundation Inc, founded in Atlanta, Georgia, serves as a key nonprofit organization dedicated to supporting the Georgia Institute of Technology. The Foundation primarily focuses on raising funds and managing endowment assets to enhance the educational experience at the university through scholarships, research initiatives, and program funding.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| GATECH 2.89% 2051-11-01 USDGeorgia Tech Foundation Inc | United States | 2051-11-01 | 2.886 | 4.71 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Georgia Tech Foundation Inc has been an active participant in the bond market, having first issued bonds in the early 2000s to finance campus developments and improvements. A notable issuance was the $100 million revenue bond in 2015, which not only funded new facilities but also benefited from strong investor demand, reflecting current yields that are competitive within the higher education sector. The Foundation’s bonds are often characterized by their tax-exempt status, appealing to retail investors seeking favorable tax treatment while contributing to educational advancements at Georgia Tech.