The Gates Family Foundation is one of the largest
philanthropic
Philanthropy is a form of altruism that consists of "private initiatives, for the public good, focusing on quality of life". Philanthropy contrasts with business initiatives, which are private initiatives for private good, focusing on material ...
organizations in
Colorado
Colorado (, other variants) is a state in the Mountain West subregion of the Western United States. It encompasses most of the Southern Rocky Mountains, as well as the northeastern portion of the Colorado Plateau and the western edge of t ...
, based in
Denver
Denver () is a consolidated city and county, the capital, and most populous city of the U.S. state of Colorado. Its population was 715,522 at the 2020 census, a 19.22% increase since 2010. It is the 19th-most populous city in the Unit ...
.
Background
Founded in 1946, the Foundation currently has net assets 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
Gates is the plural of gate, a point of entry to a space which is enclosed by walls. It may also refer to:
People
* Gates (surname), various people with the last name
* Gates Brown (1939-2013), American Major League Baseball player
* Gates McFadd ...
of Denver, Colorado.
The Foundation is well known in Denver, for example including the Gates Planetarium at the
Denver Museum of Nature and Science
The Denver Museum of Nature & Science is a municipal natural history and science museum in Denver, Colorado. It is a resource for informal science education in the Rocky Mountain region. A variety of exhibitions, programs, and activities help mus ...
.
In May 2022, The Gates Family Foundation announced a $200 million donation and collaboration project with the University of Colorado Anschutz. The Donation is to establish a medical research institute at the university’s Anschutz Medical Campus and is to be funded over five years by the Gates Family Foundation.
Assets and funding details
As of 2018 the Gates Family Foundation had assets of $361,589,256.
Funding details as of 2018:
References
{{Tomkins plc
Organizations based in Denver