Gates Family Foundation
The Gates Family Foundation[2] is one of the largest philanthropic organizations in Colorado, based in Denver.
 | |
| Motto | "The Mission of the Gates Family foundation is to invest in projects and organizations which have meaningful impact in Colorado primarily through capital grants and Foundation initiatives that enhance the quality of life for those living in, working in and visiting the state." |
|---|---|
| Formation | 1946 |
| Type | Philanthropic organization |
| Headquarters | Denver, CO, United States |
President | Thomas A. Gougeon |
Key people |
|
Revenue (2018) | $67,158,457[1] |
| Expenses (2018) | $25,114,405[1] |
| Website | www.gatesfamilyfoundation.org |
Background
Founded in 1946, the Foundation currently has net assets[3] of approximately $500 million. In 2007, the Foundation paid roughly $20 million in grants, all of which went to Colorado recipients.
The source of the original endowment is the Gates Rubber Company of Denver, Colorado.
The Foundation is well known in Denver, for example including the Gates Planetarium at the Denver Museum of Nature and Science.[4]
Assets and funding details
As of 2018 the Gates Family Foundation had assets of $361,589,256.[1]
| Funding details as of 2018:[1]
|
Revenue and support as of 2018: $67,158,457 Net gain from sale of assets (70.7%) Contributions, Gifts, Grants (20.0%) Interest and dividends (6.7%) Other income (2.6%)
|
Expenses as of 2018: $25,114,405 Contributions, Gifts, Grants (81.3%) Operating and administrative expenses (14.5%) Taxes (4.2%)
|
References
- "Gates Family Foundation" (PDF). candid. 22 April 2019. Retrieved 13 January 2020.
- "Gates Family Foundation". Gates Family Foundation. Retrieved 21 January 2020.
- "Archived copy". Archived from the original on 2008-12-27. Retrieved 2008-12-18.CS1 maint: archived copy as title (link)
- "Gates Planetarium". Denver Museum of Nature & Science. Retrieved 21 January 2020.
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