Private Foundation

RED GATES FOUNDATION

RED GATES FOUNDATION is a Private Foundation headquartered in RICHMOND, VA. Financial data from the 2024 filing: $79.3M revenue, $38.4M expenses, $1.5B total assets. IRS filings disclose 69 grants awarded by this foundation, totaling roughly $142.8M.

EIN: 301201296 RICHMOND, VA Private Grantmaking Foundations NTEE: T20 Latest filing: 2024
Total Revenue$79.3M
Total Expenses$38.4M
Total Assets$1.5B
Grants Given69
Grant Total$142.8M
Filing Years2020–2024

Before you apply to Red Gates Foundation

Preselected only Doesn't accept unsolicited requests for funds, per its 2024 Form 990-PF.

Often funds new orgs 58% of recent recipients were first-time grantees (2022–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Sample Grants Given

COMMONWEALTH FOUNDATION FOR CANCER RESEARCH
RICHMOND, VA · 2024
GENERAL SUPPORT
$20,840,729
ANNA JULIA COOPER SCHOOL
RICHMOND, VA · 2024
GENERAL SUPPORT
$10,200,000
VIRGINIA TECH FOUNDATION INC
BLACKSBURG, VA · 2024
GENERAL SUPPORT
$10,000,000
CONCORDANCE
STL LOUIS, MO · 2024
GENERAL SUPPORT
$5,000,000
YWCA RICHMOND
RICHMOND, VA · 2024
GENERAL SUPPORT
$3,500,000

Showing up to 5 of 69 total records — full history available with membership.

Officers & Directors

VICE CHAIRMAN Matthew T Goodwin
BOARD MEMBER Richard J Higgerson
CHAIRMAN William H Goodwin Jr

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$142,549,112 68 grants
Sports & Recreation
$300,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $79.3M $38.4M $1.5B
2023 $38.2M $154.2M $1.4B
2022 $2.1B $80.3M $1.4B
2020 $324K $415K $14K

Between 2020 and 2024, reported annual revenue grew from $324K to $79.3M (+24382%), with total assets most recently reported at $1.5B.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in IL, MO, NY, SC, TN, UT, and 1 other state.

ILMONYSCTNUTVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for RED GATES FOUNDATION

Complete financials, all 69 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

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