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The Gate Foundation Inc

JACKSONVILLE, FL EIN: 26-2990671 Website

The Gate Foundation Inc is a private foundation established in Florida in 2009 and based in Jacksonville, FL. It serves as the philanthropic arm of GATE Petroleum Company and operates as a company-sponsored foundation with a mission to formalize corporate philanthropy efforts and support services that nurture and protect the well-being of families and communities.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$53K

+99.3% YoY

Annual Giving

$270K

-53.4% YoY

Grant Count

68

+33.3% YoY

Avg Grant Size

$4K

-65.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports programs designed to:

  • Create affordable housing for low-to-moderate income families
  • Provide shelter for those in crisis
  • Provide youth activity initiatives to reduce crime in communities
  • Offer food, nourishment, and clothing to those in need
  • Protect communities
  • Provide assisted or independent living for the disabled or elderly
  • Promote access to quality health care and health education

The foundation primarily funds community and cultural development and health/human services initiatives.

Grantmaking

Applications can be viewed and printed from www.gatepetro.com and should be completed and submitted with:

Grant Range

$1,900

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Florida, with some grant activity in North Carolina and New York.

Grant Distribution by State

9states
+1 more states

Cities

AshevilleAtlantic BeachBooneCharlestonCharlotteClearwaterConcordCoral GablesDallasEvanstonGainesvilleGreen Cove SpringsGreenvilleJacksonvilleJacksonville BeachLongwoodMemphisMiddleburgMonroeNeptune Beach

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending June 2024:

  • Total assets: $53,233
  • Total revenues: $677,082
  • Total expenses: $650,482
  • Total liabilities: $0
  • Number of employees: 0

Tax Status:

  • EIN: 26-2990671
  • 501(c)(3) organization
  • Tax-exempt since March 2009
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$213K$426K$639K$852K2021202220232024
Metric202420232022
Total Assets$53,233$26,704$87,978
Revenue$677,082$664,407$774,797
Expenses$650,482$690,591$738,909
Qualifying Distributions$650,482$690,591$738,909
Net Investment Income
Distributable Amount$5,810$3,620$3,192

Giving Over Time

Total grant dollars and number of grants per year

$0$145K$290K$435K$580K31 grants202162 grants202251 grants202368 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

American Lung Association$50KHeart of Hospice Hospice…$48KChildren's Miracle Network$20KCommunity FoundationPeyt…$10KNC Outward Bound$10KBoys & Girls Clubs$5KChildren's Christmas Par…$5KDown Syndrome Associatio…$5KFeeding NEFL$5KLeukemia & Lymphoma$5K

Grant Size Distribution

181 grants across all recorded years

168<$50K7$50–100K6$100–250K$250–500K$500K–1M$1–5M$5M+

Open Grants

1 open opportunity from The Gate Foundation Inc

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Name Title Hours/Week Compensation
Kathy J Brady President/Executive Director 1 $0
Beth A Wells Director/Treasurer 1 $0
Lucas J Hildebrand Secretary 1 $0
Misty J Skipper Director 1 $0
William S Ackland Jr Director 1 $0

The foundation operates with limited staffing and volunteer leadership.

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Recent News & Activity

Recent developments and announcements

The foundation has conducted significant fundraising initiatives:

Raised $45,000 for the Police Athletic League of Jacksonville through coin box collections at GATE convenience store registers

Raised $270,000 to benefit the Child Cancer Fund at its annual charity golf tournament held at Ponte Vedra Inn & Club

Raised $50,000 for the American Lung Association

The foundation engages in corporate philanthropy through contributions, partnerships with nonprofit organizations, in-kind gifts, and employee volunteerism. It also sponsors the Jacksonville River Run annually.

Subject Areas

Focus areas based on grantmaking activity

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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