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Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).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
| Name | Latest title | Years | Organizations |
|---|---|---|---|
| William H Gates Iii | TRUSTEE AND CEO | 2020-2024 | 2 |
| Melinda French Gates End 10012024 | TRUSTEE | 2024 | 1 |
| Carolyn Ainslie | CHIEF FINANCIAL OFFICER | 2020-2024 | 4 |
| Keith Traverse | SECRETARY | 2020-2024 | 1 |
| Lauren Bright | ASSISTANT SECRETARY | 2024 | 2 |
| Melinda French Gates (former) | TRUSTEE | 2020-2023 | 2 |
| Connie Collingsworth End 1122023 (former) | ASSISTANT SECRETARY | 2023 | 1 |
| Lauren Bright Start 1122023 (former) | ASSISTANT SECRETARY | 2023 | 1 |
| Connie Collingsworth (former) | ASSISTANT SECRETARY | 2021-2022 | 4 |
| Michael Larson End 12312020 (former) | LLC MANAGER | 2020 | 1 |
People by year
2024 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| WILLIAM H GATES III | TRUSTEE AND CEO | 5 | $0 | - | $0 | $0 | 2 |
| MELINDA FRENCH GATES END 10012024 | TRUSTEE | 5 | $0 | - | $0 | $0 | 1 |
| CAROLYN AINSLIE | CHIEF FINANCIAL OFFICER | 4 | $0 | - | $0 | $0 | 4 |
| KEITH TRAVERSE | SECRETARY | 1 | $0 | - | $0 | $0 | 1 |
| LAUREN BRIGHT | ASSISTANT SECRETARY | 1 | $0 | - | $0 | $0 | 2 |
2023 · 6 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| WILLIAM H GATES III | TRUSTEE AND CEO | 5 | $0 | - | $0 | $0 | 2 |
| MELINDA FRENCH GATES | TRUSTEE | 5 | $0 | - | $0 | $0 | 2 |
| CAROLYN AINSLIE | CHIEF FINANCIAL OFFICER | 4 | $0 | - | $0 | $0 | 4 |
| KEITH TRAVERSE | SECRETARY | 1 | $0 | - | $0 | $0 | 1 |
| CONNIE COLLINGSWORTH END 1122023 | ASSISTANT SECRETARY | 1 | $0 | - | $0 | $0 | 1 |
| LAUREN BRIGHT START 1122023 | ASSISTANT SECRETARY | 1 | $0 | - | $0 | $0 | 1 |
2022 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| WILLIAM H GATES III | TRUSTEE AND CEO | 5 | $0 | - | $0 | $0 | 2 |
| MELINDA FRENCH GATES | TRUSTEE | 5 | $0 | - | $0 | $0 | 2 |
| CAROLYN AINSLIE | CHIEF FINANCIAL OFFICER | 4 | $0 | - | $0 | $0 | 4 |
| KEITH TRAVERSE | SECRETARY | 1 | $0 | - | $0 | $0 | 1 |
| CONNIE COLLINGSWORTH | ASSISTANT SECRETARY | 1 | $0 | - | $0 | $0 | 4 |
2021 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| WILLIAM H GATES III | TRUSTEE AND CEO | 5 | $0 | - | $0 | $0 | 2 |
| MELINDA FRENCH GATES | TRUSTEE | 3 | $0 | - | $0 | $0 | 2 |
| CAROLYN AINSLIE | CHIEF FINANCIAL OFFICER | 4 | $0 | - | $0 | $0 | 4 |
| KEITH TRAVERSE | SECRETARY | 1 | $0 | - | $0 | $0 | 1 |
| CONNIE COLLINGSWORTH | ASSISTANT SECRETARY (START 4/1/2021) | 1 | $0 | - | $0 | $0 | 4 |
2020 · 5 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| WILLIAM H GATES III | TRUSTEE AND CEO | 5 | $0 | - | $0 | $0 | 2 |
| MELINDA FRENCH GATES | TRUSTEE | 1 | $0 | - | $0 | $0 | 2 |
| CAROLYN AINSLIE | CHIEF FINANCIAL OFFICER | 4 | $0 | - | $0 | $0 | 4 |
| KEITH TRAVERSE | SECRETARY | 1 | $0 | - | $0 | $0 | 1 |
| MICHAEL LARSON END 12312020 | LLC MANAGER | 1 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
2024 · 5 contractors · $56.3M
| Name | Location | Service | Paid |
|---|---|---|---|
| MARATHON ASSET MANAGEMENT LLP | NEW YORK, NY | INVESTMENT MANAGEMENT | $15,027,545 |
| MORANT WRIGHT MANAGEMENT LIMITED | LONDON | INVESTMENT MANAGEMENT | $14,667,319 |
| WESTWOOD GLOBAL | BOSTON, MA | INVESTMENT MANAGEMENT | $10,045,987 |
| STATE STREET CORPORATION | BOSTON, MA | INVESTMENT CUSTODIAN SERVICES | $8,585,680 |
| GREEN COURT CAPITAL MANAGEMENT LIMITED | HONG KONG | INVESTMENT MANAGEMENT | $8,011,799 |
2023 · 5 contractors · $54.8M
| Name | Location | Service | Paid |
|---|---|---|---|
| STATE STREET CORPORATION | BOSTON, MA | INVESTMENT CUSTODIAN SERVICES | $13,270,627 |
| MARATHON ASSET MANAGEMENT LLP | NEW YORK, NY | INVESTMENT MANAGEMENT | $12,364,854 |
| MORANT WRIGHT MANAGEMENT LIMITED | LONDON | INVESTMENT MANAGEMENT | $11,316,645 |
| WESTWOOD GLOBAL | BOSTON, MA | INVESTMENT MANAGEMENT | $8,960,543 |
| GREEN COURT CAPITAL MANAGEMENT LIMITED | HONG KONG | INVESTMENT MANAGEMENT | $8,936,602 |
2022 · 5 contractors · $51.6M
| Name | Location | Service | Paid |
|---|---|---|---|
| MARATHON ASSET MANAGEMENT LLP | NEW YORK, NY | INVESTMENT MANAGEMENT | $12,003,174 |
| GREEN COURT CAPITAL MANAGEMENT LIMITED | HONG KONG | INVESTMENT MANAGEMENT | $10,901,103 |
| MORANT WRIGHT MANAGEMENT LIMITED | LONDON | INVESTMENT MANAGEMENT | $10,515,177 |
| STATE STREET CORPORATION | BOSTON, MA | INVESTMENT CUSTODIAN SERVICES | $9,401,238 |
| WESTWOOD GLOBAL | BOSTON, MA | INVESTMENT MANAGEMENT | $8,755,335 |
2021 · 5 contractors · $52.3M
| Name | Location | Service | Paid |
|---|---|---|---|
| MARATHON ASSET MANAGEMENT LLP | NEW YORK, NY | INVESTMENT MANAGEMENT | $12,525,796 |
| GREEN COURT CAPITAL MANAGEMENT LIMITED | HONG KONG | INVESTMENT MANAGEMENT | $12,327,639 |
| MORANT WRIGHT MANAGEMENT LIMITED | LONDON | INVESTMENT MANAGEMENT | $10,719,720 |
| WESTWOOD GLOBAL | BOSTON, MA | INVESTMENT MANAGEMENT | $8,803,963 |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | LONDON | INVESTMENT MANAGEMENT | $7,954,581 |
2020 · 5 contractors · $43.6M
| Name | Location | Service | Paid |
|---|---|---|---|
| MARATHON ASSET MANAGEMENT LLP | LONDON | INVESTMENT MANAGEMENT | $10,633,278 |
| MORANT WRIGHT MANAGEMENT LIMITED | LONDON | INVESTMENT MANAGEMENT | $9,448,294 |
| GREEN COURT CAPITAL MANAGEMENT LIMITED | HONG KONG | INVESTMENT MANAGEMENT | $8,752,256 |
| STATE STREET CORPORATION | BOSTON, MA | INVESTMENT CUSTODIAN SERVICES | $7,758,554 |
| WESTWOOD GLOBAL | BOSTON, MA | INVESTMENT 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
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 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
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 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
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 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
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 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
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 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.
| Year | Grantor | Grantor type | Amount | Purpose | Matched by | Filing |
|---|---|---|---|---|---|---|
| 2024 | BROWN UNIVERSITY OF PROVIDENCE | DAF sponsor | $12,999 | SUBCONTRACT GRANT | ein | view |
| 2023 | BROWN UNIVERSITY OF PROVIDENCE | DAF sponsor | $51,654 | SUBCONTRACT GRANT | ein | view |
| 2022 | BROWN UNIVERSITY OF PROVIDENCE | DAF sponsor | $45,640 | SUBCONTRACT GRANT | ein | view |
| 2021 | BROWN UNIVERSITY OF PROVIDENCE | DAF sponsor | $25,742 | Subcontract Grant Award | ein | view |
| 2020 | BROWN UNIVERSITY OF PROVIDENCE | DAF sponsor | $49,156 | Subcontract Grant Award | ein | view |
| 2019 | BROWN UNIVERSITY OF PROVIDENCE | DAF sponsor | $53,441 | SUBCONTRACT GRANT AWARD | ein | view |
| 2018 | BROWN UNIVERSITY OF PROVIDENCE | DAF sponsor | $81,566 | SUBCONTRACT GRANT AWARD | ein | view |
| 2010 | SUCCESSFUL PRACTICES NETWORK INC | Public charity | $553,863 | MODEL SCHOOLS PROJ | ein | view |
| 2009 | UNITED WAY OF KING COUNTY | Public charity | $50,000 | Program investments | ein | 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.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990PF | ||||||||
| $10,160,927,058 | $8,482,196,824 | $77,564,446,975 | $77,237,719,689 | $4,646,922,948 | - | $0 | - | - |
| 2023 · Form 990PF | ||||||||
| $6,534,759,844 | $8,285,346,420 | $75,530,745,576 | $75,225,846,059 | $3,969,045,164 | - | $0 | - | - |
| 2022 · Form 990PF | ||||||||
| $28,564,317,333 | $7,047,093,548 | $67,972,986,359 | $67,331,210,137 | $23,221,054,512 | - | $0 | - | - |
| 2021 · Form 990PF | ||||||||
| $9,580,009,055 | $6,370,047,475 | $53,927,171,316 | $53,258,064,190 | $5,415,183,628 | - | $0 | - | - |
| 2020 · Form 990PF | ||||||||
| $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
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $8,482,196,824 | 100% |
2023 · Form 990PF · $8,285,346,420 spent · pay $0 · grants $7,751,200,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $8,285,346,420 | 100% |
2022 · Form 990PF · $7,047,093,548 spent · pay $0 · grants $6,806,925,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $7,047,093,548 | 100% |
2021 · Form 990PF · $6,370,047,475 spent · pay $0 · grants $6,131,700,000 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $6,370,047,475 | 100% |
2020 · Form 990PF · $7,015,940,289 spent · pay $0 · grants $6,755,162,810 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| 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 | $7,015,940,289 | 100% |