STRATEGY STUDIO / NONPROFIT PEOPLE SEARCH

GATES FOUNDATION TRUST

2024 · Form 990PF · revenue $10.16B · expenses $8.48B · assets $77.56B

EIN
91-1663695
Address
2365 CARILLON PT, KIRKLAND, WA 98033-7445
Website
WWW.GATESFOUNDATION.ORG
NTEE code
T20Z
Subsection
501(c)(3)
Ruling year
1995
Cross-check
ProPublica Nonprofit Explorer

Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).

People paid by the organization

No one listed on these returns was paid.

Unpaid officers and directors · 10 people
NameLatest titleYearsOrganizations
William H Gates Iii TRUSTEE AND CEO2020-2024 2
Melinda French Gates End 10012024 TRUSTEE2024 1
Carolyn Ainslie CHIEF FINANCIAL OFFICER2020-2024 4
Keith Traverse SECRETARY2020-2024 1
Lauren Bright ASSISTANT SECRETARY2024 2
Melinda French Gates (former) TRUSTEE2020-2023 2
Connie Collingsworth End 1122023 (former) ASSISTANT SECRETARY2023 1
Lauren Bright Start 1122023 (former) ASSISTANT SECRETARY2023 1
Connie Collingsworth (former) ASSISTANT SECRETARY2021-2022 4
Michael Larson End 12312020 (former) LLC MANAGER2020 1

People by year

2024 · 5 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
WILLIAM H GATES III TRUSTEE AND CEO5 $0-$0 $02
MELINDA FRENCH GATES END 10012024 TRUSTEE5 $0-$0 $01
CAROLYN AINSLIE CHIEF FINANCIAL OFFICER4 $0-$0 $04
KEITH TRAVERSE SECRETARY1 $0-$0 $01
LAUREN BRIGHT ASSISTANT SECRETARY1 $0-$0 $02
2023 · 6 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
WILLIAM H GATES III TRUSTEE AND CEO5 $0-$0 $02
MELINDA FRENCH GATES TRUSTEE5 $0-$0 $02
CAROLYN AINSLIE CHIEF FINANCIAL OFFICER4 $0-$0 $04
KEITH TRAVERSE SECRETARY1 $0-$0 $01
CONNIE COLLINGSWORTH END 1122023 ASSISTANT SECRETARY1 $0-$0 $01
LAUREN BRIGHT START 1122023 ASSISTANT SECRETARY1 $0-$0 $01
2022 · 5 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
WILLIAM H GATES III TRUSTEE AND CEO5 $0-$0 $02
MELINDA FRENCH GATES TRUSTEE5 $0-$0 $02
CAROLYN AINSLIE CHIEF FINANCIAL OFFICER4 $0-$0 $04
KEITH TRAVERSE SECRETARY1 $0-$0 $01
CONNIE COLLINGSWORTH ASSISTANT SECRETARY1 $0-$0 $04
2021 · 5 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
WILLIAM H GATES III TRUSTEE AND CEO5 $0-$0 $02
MELINDA FRENCH GATES TRUSTEE3 $0-$0 $02
CAROLYN AINSLIE CHIEF FINANCIAL OFFICER4 $0-$0 $04
KEITH TRAVERSE SECRETARY1 $0-$0 $01
CONNIE COLLINGSWORTH ASSISTANT SECRETARY (START 4/1/2021)1 $0-$0 $04
2020 · 5 people listed · none paid
NameTitleHrs/wkFrom orgFrom relatedOtherTotalOrgs
WILLIAM H GATES III TRUSTEE AND CEO5 $0-$0 $02
MELINDA FRENCH GATES TRUSTEE1 $0-$0 $02
CAROLYN AINSLIE CHIEF FINANCIAL OFFICER4 $0-$0 $04
KEITH TRAVERSE SECRETARY1 $0-$0 $01
MICHAEL LARSON END 12312020 LLC MANAGER1 $0-$0 $01

Highest-paid independent contractors

2024 · 5 contractors · $56.3M
NameLocationServicePaid
MARATHON ASSET MANAGEMENT LLPNEW YORK, NYINVESTMENT MANAGEMENT$15,027,545
MORANT WRIGHT MANAGEMENT LIMITEDLONDONINVESTMENT MANAGEMENT$14,667,319
WESTWOOD GLOBALBOSTON, MAINVESTMENT MANAGEMENT$10,045,987
STATE STREET CORPORATIONBOSTON, MAINVESTMENT CUSTODIAN SERVICES$8,585,680
GREEN COURT CAPITAL MANAGEMENT LIMITEDHONG KONGINVESTMENT MANAGEMENT$8,011,799
2023 · 5 contractors · $54.8M
NameLocationServicePaid
STATE STREET CORPORATIONBOSTON, MAINVESTMENT CUSTODIAN SERVICES$13,270,627
MARATHON ASSET MANAGEMENT LLPNEW YORK, NYINVESTMENT MANAGEMENT$12,364,854
MORANT WRIGHT MANAGEMENT LIMITEDLONDONINVESTMENT MANAGEMENT$11,316,645
WESTWOOD GLOBALBOSTON, MAINVESTMENT MANAGEMENT$8,960,543
GREEN COURT CAPITAL MANAGEMENT LIMITEDHONG KONGINVESTMENT MANAGEMENT$8,936,602
2022 · 5 contractors · $51.6M
NameLocationServicePaid
MARATHON ASSET MANAGEMENT LLPNEW YORK, NYINVESTMENT MANAGEMENT$12,003,174
GREEN COURT CAPITAL MANAGEMENT LIMITEDHONG KONGINVESTMENT MANAGEMENT$10,901,103
MORANT WRIGHT MANAGEMENT LIMITEDLONDONINVESTMENT MANAGEMENT$10,515,177
STATE STREET CORPORATIONBOSTON, MAINVESTMENT CUSTODIAN SERVICES$9,401,238
WESTWOOD GLOBALBOSTON, MAINVESTMENT MANAGEMENT$8,755,335
2021 · 5 contractors · $52.3M
NameLocationServicePaid
MARATHON ASSET MANAGEMENT LLPNEW YORK, NYINVESTMENT MANAGEMENT$12,525,796
GREEN COURT CAPITAL MANAGEMENT LIMITEDHONG KONGINVESTMENT MANAGEMENT$12,327,639
MORANT WRIGHT MANAGEMENT LIMITEDLONDONINVESTMENT MANAGEMENT$10,719,720
WESTWOOD GLOBALBOSTON, MAINVESTMENT MANAGEMENT$8,803,963
CITY OF LONDON INVESTMENT MANAGEMENT CO LTDLONDONINVESTMENT MANAGEMENT$7,954,581
2020 · 5 contractors · $43.6M
NameLocationServicePaid
MARATHON ASSET MANAGEMENT LLPLONDONINVESTMENT MANAGEMENT$10,633,278
MORANT WRIGHT MANAGEMENT LIMITEDLONDONINVESTMENT MANAGEMENT$9,448,294
GREEN COURT CAPITAL MANAGEMENT LIMITEDHONG KONGINVESTMENT MANAGEMENT$8,752,256
STATE STREET CORPORATIONBOSTON, MAINVESTMENT CUSTODIAN SERVICES$7,758,554
WESTWOOD GLOBALBOSTON, MAINVESTMENT MANAGEMENT$6,979,403

Who the money went to

Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.

2024 · 1 grant to organizations · $8.10B · 1 returned · -$1.03B

Listed grants add up to $7,069,122,007; the return's “grants paid” expense line says $8,096,000,000. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2023 · 1 grant to organizations · $7.75B · 1 returned · -$1.04B

Listed grants add up to $6,708,165,428; the return's “grants paid” expense line says $7,751,200,000. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2022 · 1 grant to organizations · $6.81B · 1 returned · -$680.7M

Listed grants add up to $6,126,232,500; the return's “grants paid” expense line says $6,806,925,000. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2021 · 1 grant to organizations · $6.13B · 1 returned · -$613.2M

Listed grants add up to $5,518,530,000; the return's “grants paid” expense line says $6,131,700,000. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

2020 · 1 grant to organizations · $6.76B · 1 returned · -$905.7M

Listed grants add up to $5,849,455,600; the return's “grants paid” expense line says $6,755,162,810. Returns can differ here (grants paid vs. accrued, items listed elsewhere); check the filing.

Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.

Who gave

Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.

2024 · 4 contributors · $4.65B
#ContributorTypeCity, stateTotalNoncashSource
4 WARREN E BUFFETT - SECURITIES Organization or other OMAHA, NE $4,050,791,227$4,050,791,227 Form 990PF Sch. B, 2024 · filing
1 MELINDA FRENCH GATES - SECURITIES Organization or other REDMOND, WA $501,943,811$501,943,811 Form 990PF Sch. B, 2024 · filing
2 WILLIAM H GATES III - INVST MGMT FEES Organization or other KIRKLAND, WA $80,666,884- Form 990PF Sch. B, 2024 · filing
3 WILLIAM H GATES III Organization or other KIRKLAND, WA $13,521,000- Form 990PF Sch. B, 2024 · filing
2023 · 5 contributors · $3.97B
#ContributorTypeCity, stateTotalNoncashSource
5 WARREN E BUFFETT - SECURITIES Organization or other OMAHA, NE $3,542,106,291$3,542,106,291 Form 990PF Sch. B, 2023 · filing
1 MELINDA FRENCH GATES - SECURITIES Organization or other REDMOND, WA $249,946,250$249,946,250 Form 990PF Sch. B, 2023 · filing
2 WILLIAM H GATES III Organization or other KIRKLAND, WA $93,325,000- Form 990PF Sch. B, 2023 · filing
3 WILLIAM H GATES III - INVST MGMT FEES Organization or other KIRKLAND, WA $73,373,334- Form 990PF Sch. B, 2023 · filing
4 WILLIAM H GATES III - SECURITIES Organization or other KIRKLAND, WA $10,294,128$10,294,128 Form 990PF Sch. B, 2023 · filing
2022 · 4 contributors · $23.22B
#ContributorTypeCity, stateTotalNoncashSource
1 WILLIAM H GATES III - SECURITIES Organization or other KIRKLAND, WA $19,515,465,281$19,515,465,281 Form 990PF Sch. B, 2022 · filing
4 WARREN E BUFFETT - SECURITIES Organization or other OMAHA, NE $3,081,224,277$3,081,224,277 Form 990PF Sch. B, 2022 · filing
2 WILLIAM H GATES III Organization or other KIRKLAND, WA $551,541,000- Form 990PF Sch. B, 2022 · filing
3 WILLIAM H GATES III - INVST MGMT FEES Organization or other KIRKLAND, WA $72,823,702- Form 990PF Sch. B, 2022 · filing
2021 · 5 contributors · $5.42B
#ContributorTypeCity, stateTotalNoncashSource
5 WARREN E BUFFETT - SECURITIES Organization or other OMAHA, NE $3,194,103,267$3,194,103,267 Form 990PF Sch. B, 2021 · filing
1 MELINDA FRENCH GATES - SECURITIES Organization or other REDMOND, WA $1,991,978,238$1,991,978,238 Form 990PF Sch. B, 2021 · filing
2 WILLIAM H GATES III - SECURITIES Organization or other KIRKLAND, WA $127,549,415$127,549,415 Form 990PF Sch. B, 2021 · filing
4 WILLIAM H GATES III - INVST MGMT FEES Organization or other KIRKLAND, WA $78,349,144- Form 990PF Sch. B, 2021 · filing
3 WILLIAM H GATES III Organization or other KIRKLAND, WA $23,202,000- Form 990PF Sch. B, 2021 · filing
2020 · 5 contributors · $2.37B
#ContributorTypeCity, stateTotalNoncashSource
5 WARREN E BUFFETT - SECURITIES Organization or other OMAHA, NE $2,213,373,765$2,213,373,765 Form 990PF Sch. B, 2020 · filing
1 WILLIAM H GATES III - INVST MGMT FEES Organization or other KIRKLAND, WA $65,120,720- Form 990PF Sch. B, 2020 · filing
3 WILLIAM H GATES III Organization or other KIRKLAND, WA $54,000,000- Form 990PF Sch. B, 2020 · filing
2 WILLIAM H GATES III - SECURITIES Organization or other KIRKLAND, WA $26,232,130$26,232,130 Form 990PF Sch. B, 2020 · filing
4 WILLIAM H GATES III AND MELINDA FRENCH GATES Organization or other KIRKLAND, WA $11,123,225- Form 990PF Sch. B, 2020 · filing

Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

Grants received from DAF sponsors and foundations

9 grants to this organization reported by other filers, $924,061 in all. Schedule I grants are matched by the EIN the grantor reported; 990-PF grants list no EIN, so those are matched by exact name and state. Grantor type: private foundation (990-PF), DAF sponsor (answered yes to maintaining donor-advised funds that year), or other public charity. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

YearGrantorGrantor typeAmountPurposeMatched byFiling
2024BROWN UNIVERSITY OF PROVIDENCEDAF sponsor $12,999SUBCONTRACT GRANTein view
2023BROWN UNIVERSITY OF PROVIDENCEDAF sponsor $51,654SUBCONTRACT GRANTein view
2022BROWN UNIVERSITY OF PROVIDENCEDAF sponsor $45,640SUBCONTRACT GRANTein view
2021BROWN UNIVERSITY OF PROVIDENCEDAF sponsor $25,742Subcontract Grant Awardein view
2020BROWN UNIVERSITY OF PROVIDENCEDAF sponsor $49,156Subcontract Grant Awardein view
2019BROWN UNIVERSITY OF PROVIDENCEDAF sponsor $53,441SUBCONTRACT GRANT AWARDein view
2018BROWN UNIVERSITY OF PROVIDENCEDAF sponsor $81,566SUBCONTRACT GRANT AWARDein view
2010SUCCESSFUL PRACTICES NETWORK INCPublic charity $553,863MODEL SCHOOLS PROJein view
2009UNITED WAY OF KING COUNTYPublic charity $50,000Program investmentsein view

Finances

Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.

RevenueExpensesAssetsNet assetsContributionsProgram revenueOfficer payEmployeesVolunteers
2024 · Form 990PF period ending 2024-12-31 · view filing · original 990 ↗
$10,160,927,058$8,482,196,824 $77,564,446,975$77,237,719,689 $4,646,922,948- $0--
2023 · Form 990PF period ending 2023-12-31 · view filing · original 990 ↗
$6,534,759,844$8,285,346,420 $75,530,745,576$75,225,846,059 $3,969,045,164- $0--
2022 · Form 990PF period ending 2022-12-31 · view filing · original 990 ↗
$28,564,317,333$7,047,093,548 $67,972,986,359$67,331,210,137 $23,221,054,512- $0--
2021 · Form 990PF period ending 2021-12-31 · view filing · original 990 ↗
$9,580,009,055$6,370,047,475 $53,927,171,316$53,258,064,190 $5,415,183,628- $0--
2020 · Form 990PF period ending 2020-12-31 · view filing · original 990 ↗
$2,838,568,795$7,015,940,289 $50,996,163,488$49,943,873,139 $2,369,850,953- $0--

Where the money went

Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.

2024 · Form 990PF · $8,482,196,824 spent · pay $0 · grants $8,096,000,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $8,096,000,000 95.4%
Taxes $195,912,385 2.3%
Other expenses $98,111,321 1.2%
Fees: other professional $91,326,114 1.1%
Fees: accounting $527,594 0.0%
Fees: legal $319,410 0.0%
Total$8,482,196,824100%

View the filing

2023 · Form 990PF · $8,285,346,420 spent · pay $0 · grants $7,751,200,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $7,751,200,000 93.6%
Taxes $268,523,203 3.2%
Other expenses $178,940,864 2.2%
Fees: other professional $86,193,670 1.0%
Fees: accounting $488,683 0.0%
Total$8,285,346,420100%

View the filing

2022 · Form 990PF · $7,047,093,548 spent · pay $0 · grants $6,806,925,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $6,806,925,000 96.6%
Taxes $156,366,249 2.2%
Fees: other professional $83,372,591 1.2%
Fees: accounting $423,755 0.0%
Other expenses $5,953 0.0%
Total$7,047,093,548100%

View the filing

2021 · Form 990PF · $6,370,047,475 spent · pay $0 · grants $6,131,700,000 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $6,131,700,000 96.3%
Taxes $148,637,201 2.3%
Fees: other professional $89,245,032 1.4%
Fees: accounting $465,178 0.0%
Other expenses $64 0.0%
Total$6,370,047,475100%

View the filing

2020 · Form 990PF · $7,015,940,289 spent · pay $0 · grants $6,755,162,810 · events $0
LineAs describedTotalShare
Contributions, gifts, grants paid $6,755,162,810 96.3%
Taxes $130,643,618 1.9%
Fees: other professional $74,195,440 1.1%
Other expenses $55,369,366 0.8%
Fees: accounting $569,055 0.0%
Total$7,015,940,289100%

View the filing