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Gates Family Foundation

Profile

Last Updated: 2016-10-21

At A Glance

Gates Family Foundation

(formerly Gates Foundation)

1390 Lawrence St., No. 400

Denver, CO United States 80204-2081

URL: www.gatesfamilyfoundation.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Family foundation

Financial Data

(yr. ended 2015-12-31)

Assets: $430,236,344

Total giving: $19,807,780

EIN

840474837

BRIDGE Number

7039633074

Background

Incorporated in 1946 in CO - The foundation was created because the Gates family believed that voluntary contributions of time, money, and labor were essential to the development of America's social, educational, cultural, and scientific institutions

Purpose and Activities

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. The foundation seeks to promote excellence, innovation, and self-sufficiency in education, healthy lifestyles, community enrichment, connection to nature, and stewardship of the state's natural inheritance. The foundation's actions will remain consistent with the founders' intentions and the principles of citizenship, entrepreneurship, and free enterprise.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Gates Fellowship

The John F. Kennedy School of Government at Harvard University and the Gates Family Foundation have partnered since 1980, each year sending up to six individuals to participate in the Senior Executives in State and Local Government Program. The three-week program operates as an interactive classroom, where case studies of real issues are analyzed to find solutions to complex problems, and faculty and participants work together and learn from each other. The Foundation's sponsorship of this fellowship stems from the conviction that effective delivery of public services, in an era of shrinking resources, requires conscious investment aimed at enhancing the quality of management of government. Executives working with state and local governments - elected, appointed, and career officials, as well as those in nonprofit organizations, national associations, and private corporations - will find the program extremely valuable. Gates Fellowships will be awarded to residents of Colorado by an admissions committee at the Kennedy School based upon the recommendations of a nominating panel of distinguished Colorado residents. The program fee is $12,400 which includes tuition, housing, curricular materials, and most meals. However, for the 2015 sessions Gates Fellows will receive a discounted tuition rate of $11,200. Gates will pay $10,300 of the discounted tuition costs directly to Harvard for each Fellow selected. Participants or their employers must fund the balance. While the Harvard application deadline is typically in mid-April, individuals interested in a Gates Fellowship must submit their applications to Harvard no later than March 1. For fellowship consideration, please indicate Gates Fellowship on the financial inquiry section of the application. .

Program-Related Investment

The foundation has made a program related investment in the form of a loan to a housing organizations to start a loan fund.

Fields of Interest

Subjects
  • Arts and culture
  • Dance
  • Education
  • Historic preservation
  • Human services
  • Humanities
  • Libraries
  • Museums
  • Music
  • Natural resources
  • Performing arts
  • Senior services
  • Sports and recreation
  • Theater
  • Visual arts
  • Youth development
  • Youth organizing
  • Youth services
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students
Organizations
  • Multipurpose centers

Financial Data

Year ended 2015-12-31

Assets: $430,236,344 (market value)

Gifts received: $173,874

Expenditures: $23,135,464

Total giving: $19,807,780

Qualifying distributions: $21,879,438