Gates Family Foundation Article

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Gates Family Foundation
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."
Formation1946
Type Philanthropic organization
Headquarters Denver, CO, United States
President
Thomas A. Gougeon
Key people
  • Beth Conover
  • Laia C. Mitchell
  • Russell Schnitzer
  • Mary Seawell
Revenue (2016)
$20,058,854 [1]
Expenses (2016)$25,272,710 [1]
Website www.gatesfamilyfoundation.org

The Gates Family Foundation [2] is one of the largest philanthropic organizations in Colorado, based in Denver.

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 [4] at the Denver Museum of Nature and Science.

Assets and funding details

As of 2016 the Gates Family Foundation had assets of $428,114,478. [1]

References

  1. ^ a b c d "Gates Family Foundation" (PDF). Gates Family Foundation. 31 December 2016. Retrieved 5 June 2018.
  2. ^ http://www.gatesfamilyfoundation.org/
  3. ^ http://www.gatesfamilyfoundation.org/www/gates.php?section=annual_reports&p=
  4. ^ http://www.dmns.org/main/en/General/Planetarium/CurrentShows/