The Open Gate Inc is a private foundation focused on Education, based in CAMBRIDGE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 17 grants totaling $168K. Net investment income was $95K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.1M
+17.0% YoY
Annual Giving
$168K
+39.4% YoY
Grant Count
17
+6.3% YoY
Avg Grant Size
$10K
+31.2% YoY
Under IRS private-foundation payout rules, The Open Gate Inc reported a distributable amount of $143K for 2024 — the minimum it must pay out in qualifying distributions.
About The Open Gate Inc
Based on IRS filings
The Open Gate Inc is a private foundation focused on Education, based in CAMBRIDGE, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.1M in total assets. In 2024, it awarded 17 grants totaling $168K. Net investment income was $95K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,100,774 | $2,650,337 | $2,209,537 |
| Revenue | $104,986 | $70,760 | $56,716 |
| Expenses | $171,916 | $123,290 | $132,357 |
| Qualifying Distributions | $169,525 | $121,847 | $131,207 |
| Net Investment Income | $95,305 | $63,245 | $54,006 |
| Distributable Amount | $143,451 | $118,482 | $121,693 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
65 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include President & Fellows of Harvard College ($134,984), Amitai Miller ($5,335), Alycia Cary ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| PRESIDENT & FELLOWS OF HARVARD COLLEGE CAMBRIDGE, MA | PROGRAM SUPPORT | $134,984 |
| DINA ZINGARO CAMBRIDGE, MA | FELLOWSHIP | $2,500 |
| JAMAL WILLIS CAMBRIDGE, MA | FELLOWSHIP | $2,000 |
| CAROLINA SEPULVEDA SOMERVILLE, MA | FELLOWSHIP | $456 |
| AMITAI MILLER BROOKLINE, MA | FELLOWSHIP | $5,335 |
| SON QUYEN DINH BOSTON, MA | FELLOWSHIP | $720 |
| MACKENZIE THOMAS CAMBRIDGE, MA | FELLOWSHIP | $385 |
| AUGUST HANNAH SKLAR CAMBRIDGE, MA | FELLOWSHIP | $3,020 |
| PAYAL CHAKRABORTY BROOKLINE, MA | FELLOWSHIP | $1,432 |
| HWA PYUNG YOO SOMERVILLE, MA | FELLOWSHIP | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WARREN D GOLDFARB | PRESIDENT/DIRECTOR | 1 | — |
| HUGH A RUSSELL | TREASURER/DIRECTOR | 1 | — |
| ROBERT W MACK | CLERK/DIRECTOR | 1 | — |
| JOHN H FINLEY IV | DIRECTOR | 1 | — |
| MICHAEL FLIER | DIRECTOR (RESIGNED 3/05/24) | 1 | — |
| RHONDA WITTELS | DIRECTOR | 1 | — |
| WILLIS EMMONS | DIRECTOR | 1 | — |
| LINDA CALLAHAN | DIRECTOR | 1 | — |
| JUAN JAIME DE ZENGOTITA | DIRECTOR (APPT. 3/05/24) | 1 | — |
| KAMILLE WASHINGTON | DIRECTOR (APPT. 3/05/24) | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Open Gate Inc?
The Open Gate Inc is a private foundation focused on Education, based in CAMBRIDGE, MA. It holds $3.1M in total assets as of 2024.
How large is The Open Gate Inc?
As of 2024, The Open Gate Inc holds $3.1M in total assets with $105K in annual revenue. It awarded 17 grants totaling $168K in 2024.
Where does The Open Gate Inc operate?
The Open Gate Inc has awarded grants in California, Florida, Illinois, Massachusetts, Minnesota, New York, Tennessee.
What size grants does The Open Gate Inc award?
In 2024, The Open Gate Inc awarded 17 grants totaling $168K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is The Open Gate Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Open Gate Inc reported a distributable amount of $143K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Open Gate Inc's EIN?
The Open Gate Inc's EIN (Employer Identification Number) is 04-2925939. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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