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 Latest filing: 2024

Total Revenue$79.3M

Total Expenses$38.4M

Total Assets$1.5B

Grants Given69

Grant Total$142.8M

Filing Years2020–2024

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

$142,429,112 64 grants

RENOVATIONS TO THE BELMONT GOLF COURSE

$300,000 1 grant

GENERAL SUPPPORT

$60,000 2 grants

GENERAL PROGRAM SUPPORT

$50,000 1 grant

SUPPORT FOR THE SHELTERING ARMS INSTITUTE

$10,000 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 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports