Gates Family Foundation

Not to be confused with Bill & Melinda Gates Foundation.

The Gates Family Foundation[1] is one of the largest philanthropic organizations in Colorado, based in Denver.

Background

Founded in 1946, the Foundation currently has net assets[2] of approximately $500 million. In 2007, the Foundation paid roughly $20 million in grants, all of which went to Colorado recipients.

The source of the original endowment is the Gates Rubber Company of Denver, Colorado.

The Foundation is well known in Denver, for example including the Gates Planetarium[3] at the Denver Museum of Nature and Science.

References