Gatewood Family Foundation

Private foundation · Grantmaker Houston, TX EIN: 76-0595111

Gatewood Family Foundation is a private foundation, based in Houston, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $785K in total assets. In 2024, it awarded 7 grants totaling $270K. Net investment income was $24K.

Gatewood Family Foundation at a glance

In short: Gatewood Family Foundation gave $270K across 7 grants in 2024 (avg $39K), mostly in Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$269,800
+12.0% vs 2023
Grants made (2024)
7
-22.2% vs 2023
Average grant
$38,543
+43.9% vs 2023
Median grant
$25,000
Total assets
$784,768
-19.2% vs 2023
Primary geography
Texas (96% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Gatewood Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Boys & Girls Country: $95KBoys & Girls Country$95KArbor School: $88KArbor School$88KMake a Wish: $36KMake a Wish$36KSeal Legacy Foundation: $25KSeal Legacy Foundation$25KNavy Seal Foundation: $10KNavy Seal Foundation$10KSecond Baptist School Foundation: $10KSecond Baptist SchoolFoundation$10KThe Hobby Center: $6KThe Hobby Center$6K

The largest 2024 recipient was Boys & Girls Country ($95K). Together the top 7 received $270K.

Grant Size Distribution

42 grants across all recorded years

31<$50K9$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 31 grants of 42 (74%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

HoustonAustinHockleyVirginia BeachIrvingMontgomeryNorth AdamsWichitaAddisonCarrolltonMarble FallsPasadenaRosevilleStafford

How Gatewood Family Foundation gives

  • Giving grew 42% from 2021 to 2024. Method
  • In 2024 it paid out 430% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K10 grants2020 8 grants2021 8 grants2022 9 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $190K (2021) to $286K (2022). In 2024 it made 7 grants totaling $270K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Boys & Girls Country Hockley, TXGeneral Support$95,000
Arbor School Houston, TXGeneral Support$87,500
Make a Wish Addison, TXGeneral Support$36,300
Seal Legacy Foundation Austin, TXGeneral Support$25,000
Navy Seal Foundation Virginia Beach, VAGeneral Support$10,000
Second Baptist School Foundation Houston, TXGeneral Support$10,000
The Hobby Center Houston, TXGeneral Support$6,000
Your AI grants department

Ready to take the next step with Gatewood Family Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$784,768$104,074$289,986$269,8007$280,800$24,019$65,343
2023$970,680$328,420$256,488$241,0009$241,000$81,377$63,743
2022$898,748$-39,250$299,625$285,8108$287,410$18,124$78,791
2021$1,237,623$200,283$211,655$189,5808$191,080$178,183$80,444
2020$1,248,995$-201,827$271,254$248,00010—$38,433$74,634

Under IRS private-foundation payout rules, Gatewood Family Foundation reported a distributable amount of $65K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Gatewood Family Foundation is led by Michael E. Gatewood, President on the 2024 filing; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Michael E. Gatewood

    President

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Cindy L. Gatewood

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kristen J. Stedham

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Paige E. Kelly

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nathan Stedham

    Executive Di

    Executive Director → Executive Di, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: E Michael Gatewood (2020–2023) — President

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Gatewood Family Foundation

How much does Gatewood Family Foundation give each year?

Gatewood Family Foundation gave $270K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $241K across 9 grants.

What is Gatewood Family Foundation's typical grant size?

Gatewood Family Foundation's median grant in 2024 was $25,000, and its average grant was $38,543, across 7 grants on its 2024 IRS Form 990-PF.

Where does Gatewood Family Foundation give grants?

Gatewood Family Foundation gives mostly in Texas: 96% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Houston, TX (3 grants).

Does Gatewood Family Foundation give general operating support?

Yes: 100% of Gatewood Family Foundation's 2024 grants with a stated purpose (7 of 7) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are Gatewood Family Foundation's largest grantees?

Gatewood Family Foundation's largest 2024 grantees include Boys & Girls Country ($95,000), Arbor School ($87,500) and Make a Wish ($36,300), according to its 2024 IRS Form 990-PF. Together they received 81% of its itemized 2024 grant dollars.

How large is Gatewood Family Foundation?

Gatewood Family Foundation reported $785K in total assets on its 2024 IRS Form 990-PF. It paid out $281K in qualifying distributions that year, against a required minimum of $65K (roughly 5% of its investment assets).

What is Gatewood Family Foundation's EIN?

Gatewood Family Foundation's EIN (Employer Identification Number) is 76-0595111. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Explore Open Grants

Browse active grant opportunities in Gatewood Family Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

Jerry C Dearing Family Foundation

Houston, TX

The foundation supports Houston-based nonprofits working in career and college readiness, economic mobility, education and the arts, medical research, community and park restoration, and services for vulnerable communities, primarily in Houston and Harris County. In 2024, grants ranged from $2,500 to $250,000, with a median of $50,000. It does not accept unsolicited requests; grants go to preselected organizations through a closed process.

Assets

$49.6M

Grants

42

Total Given

$2.6M

Paul B & Frances Lenora Terry Jr Family Foundation

Houston, TX

Philanthropy, Voluntarism & Grantmaking

Assets

$2.5M

Grants

49

Total Given

$68K

The Fritz and Mary Lee Duda Family Foundation

Dallas, TX

The foundation supports health care, education, social services, youth programs, Catholic community initiatives, and environmental work, with most 2024 funding going to Texas organizations. Its 62 grants ranged from $500 to $60,000, with a median of $3,000. It funds only preselected charitable organizations and does not accept unsolicited requests.

Assets

$14.5M

Grants

62

Total Given

$477K

United Way Worldwide

Alexandria, VA

United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.

Philanthropy, Voluntarism & Grantmaking

Assets

$68.0M

Grants

209

Total Given

$11.4M

Greater Houston Community Foundation

Houston, TX

The Foundation makes grants through donor-advised and other donor-established funds for public benefit, human services, education, and health, including initiatives addressing economic mobility and poverty in Harris County. In 2024, its median grant was $25,000; it serves Greater Houston, while grants also go to recipients elsewhere in Texas and beyond. It does not accept proposals for the upcoming High-Impact Grantmaking cycle and plans to invite selected organizations or collaboratives to apply.

Assets

$1.1B

Grants

1,724

Total Given

$232.3M

More similar funders

More Funders in Texas

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Gatewood Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Gatewood Family Foundation down — hundreds of funders to go?

Want AI to do this for you?