Gates Industrial Corporation Foundation

DENVER, CO EIN: 31-1207183

Economically disadvantaged people Education Higher education Health Diseases and conditions

Gates Industrial Corporation Foundation is a private foundation focused on Economically disadvantaged people, based in DENVER, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.5M in total assets. In 2024, it awarded 1 grants totaling $664K. Net investment income was $3.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.5M

+4.0% YoY

Annual Giving

$664K

-5.2% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$664K

-5.2% YoY

Under IRS private-foundation payout rules, Gates Industrial Corporation Foundation reported a distributable amount of $337K for 2024 — the minimum it must pay out in qualifying distributions.

About Gates Industrial Corporation Foundation

Based on IRS filings

Focus Areas

Economically disadvantaged people Education Higher education Health Diseases and conditions

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $3.7M (100%)

States

Colorado

Cities

Denver

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$7,482,298	$7,195,489	$6,630,450
Revenue	$3,211,857	$413,646	$462,877
Expenses	$720,931	$710,856	$669,529
Qualifying Distributions	$663,574	$699,965	$677,725
Net Investment Income	$3,160,394	$409,647	$481,442
Distributable Amount	$336,785	$331,482	$352,835

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Various ($663,574).

Recipient	Purpose	Amount
Various Denver, CO	Various	$663,574

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
John Amo	Director	1	—
Marc Swanson	Vice President Global Tax	1	—
Jeffrey Davison	Assistant Treasurer	1	—
Cristen Bracken	Assistant Secretary	1	—
Mark Klingenmeier	Director	1	—
Corbett Foster	Director	1	—
Gwen Montgomery	Director	1	—

Subject Areas

Focus areas based on grantmaking activity

Economically disadvantaged people Education Higher education Health Diseases and conditions

Frequently Asked Questions

What is Gates Industrial Corporation Foundation?

Gates Industrial Corporation Foundation is a private foundation focused on Economically disadvantaged people, based in DENVER, CO. It holds $7.5M in total assets as of 2024.

How large is Gates Industrial Corporation Foundation?

As of 2024, Gates Industrial Corporation Foundation holds $7.5M in total assets with $3.2M in annual revenue. It awarded 1 grants totaling $664K in 2024.

Where does Gates Industrial Corporation Foundation operate?

Gates Industrial Corporation Foundation has awarded grants in Colorado.

What size grants does Gates Industrial Corporation Foundation award?

In 2024, Gates Industrial Corporation Foundation awarded 1 grants totaling $664K — an average of about $664K per grant, based on its IRS Form 990 filings.

How much is Gates Industrial Corporation Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gates Industrial Corporation Foundation reported a distributable amount of $337K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gates Industrial Corporation Foundation's EIN?

Gates Industrial Corporation Foundation's EIN (Employer Identification Number) is 31-1207183. IRS Form 990 filing data is available on this page for 2020–2024.