Gates Philanthropy Partners
- Assets
- $58.4m
- Revenue
- $30.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 04/2015
- Data as of
- 12/2021
- EIN
- 47-3290897
Organization Overview
Gates Philanthropy Partners is located in Seattle, WA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gates Philanthropy Partners is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Gates Philanthropy Partners generated $30.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 42.6% each year . All expenses for the organization totaled $66.0m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Gates Philanthropy Partners has awarded 42 individual grants totaling $49,147,556. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRANTMAKING & CHARITABLE ACTIVITIES TO PROMOTE GLOBAL DEVELOPMENT, GLOBAL HEALTH & EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMBATING COVID-19: CONTROLLING COVID-19 MEANS GETTING VACCINES TO EVERYONE, EVERYWHERE, WHILE MEETING BASIC HUMAN NEEDS SUCH AS ACCESS TO MEDICAL OXYGEN AND EXPEDITING INNOVATIONS IN TESTING AND TREATMENT. FUNDING WAS DIRECTED TO GRANTEE PARTNERS ON THE FRONT LINES WHO TRAINED HEALTH WORKERS, PROVIDED COMMUNITIES WITH ACCESS TO CARE, AND DELIVERED LIFESAVING TOOLS INCLUDING DIAGNOSTICS AND VACCINES. GRANTEES ALSO SUPPORTED RESEARCH AND DEVELOPMENT TO RAPIDLY IDENTIFY NEW INNOVATIONS INCLUDING THERAPEUTICS.
U.S. PROGRAMS: REGARDLESS OF ONE'S RACE, ETHNICITY, GENDER, OR INCOME, EVERYONE SHOULD HAVE THE OPPORTUNITY TO LEARN, GROW, AND REACH THEIR FULL POTENTIAL. OUR U.S. PROGRAMS WORK AIMS TO ENSURE THAT EVERYONE IN THE U.S. HAS ACCESS TO LIFE-CHANGING OPPORTUNITIES. OUR U.S. EDUCATION PORTFOLIO AIMS TO ENSURE THAT ALL STUDENTS GRADUATE FROM HIGH SCHOOL AND HAVE AN OPPORTUNITY TO EARN A DEGREE OR CERTIFICATE THAT PREPARES THEM FOR A SUCCESSFUL CAREER AND LIFE. OUR ECONOMIC MOBILITY & OPPORTUNITY PORTFOLIO SEEKS TO CREATE PUBLIC GOODS AND ADDRESS STRUCTURAL BARRIERS THAT LIMIT ECONOMIC SUCCESS FOR AMERICA'S MOST VULNERABLE TO DRAMATICALLY INCREASING MOBILITY FROM POVERTY.
EMPOWERMENT & OPPORTUNITY: INVESTING IN WOMEN AND GIRLS HAS BEEN PROVEN TO REDUCE POVERTY, YET TOO MANY GIRLS AND WOMEN ARE DENIED AN EQUAL CHANCE TO LEARN, LEAD, EARN, AND THRIVE. WE MAKE GRANTS IN SEVERAL AREAS TO ADDRESS THESE ISSUES. FIRST, WE GRANT TO WOMEN'S COLLECTIVES, WHICH LIFT UP COMMUNITIES OF WOMEN TO BUILD SOLIDARITY, DEVELOP SUPPORT NETWORKS, POOL SAVINGS, AND SHARE FINANCIAL RISKS. SECOND, WE SUPPORT WOMEN IN LEADERSHIP THROUGH GRANTMAKING TO ENCOURAGE AND CHAMPION WOMEN LEADERS IN KEY FIELDS. THIRD, OUR GRANTS IN WOMEN'S ECONOMIC EMPOWERMENT PUT FINANCIAL TOOLS IN WOMEN'S HANDS TO IMPROVE THEIR LIVES AND THEIR FUTURE. LAST, WE MAKE GRANTS IN FAMILY PLANNING TO INCREASE ACCESS FOR WOMEN AND ADOLESCENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Johnsen Director & Secretary | OfficerTrustee | 1 | $0 |
Jonathan Castrodale Treasurer | Officer | 1 | $0 |
Robert Rosen Executive Director | Officer | 3 | $0 |
Connie Collingsworth Director & Board Chair | Trustee | 1 | $0 |
Allan Golston Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pivot Lab Llc Content And Creative Services | 12/30/21 | $336,853 |
Geneva Global Inc Strategy Execution | 12/30/21 | $208,699 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $749,287 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,382,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,131,382 |
| Total Program Service Revenue | $0 |
| Investment income | $24,165 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,155,547 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,828,881 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $49,316,611 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,579 |
| Fees for services: Accounting | $21,624 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $712,034 |
| Advertising and promotion | $0 |
| Office expenses | $949 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $65,955,232 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $52,028,866 |
| Pledges and grants receivable | $6,400,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $58,428,866 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $17,489,044 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,489,044 |
| Net assets without donor restrictions | -$14,155,877 |
| Net assets with donor restrictions | $55,095,699 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $58,428,866 |
Grants Awarded
Over the last fiscal year, Gates Philanthropy Partners has awarded $15,828,881 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
La Jolla, CA PURPOSE: COVID-19 RESPONSE | $4,500,000 |
Cambridge, MA PURPOSE: COVID-19 RESPONSE | $2,827,278 |
NOVARTIS INSTITUTES FOR BIOMEDICAL RESEARCH INC PURPOSE: COVID-19 RESPONSE | $2,088,377 |
Somerville, MA PURPOSE: COVID-19 RESPONSE | $1,500,000 |
Houston, TX PURPOSE: SUPPORT POSTSECONDARY EDUCATION | $1,000,000 |
Herndon, VA PURPOSE: SUPPORT POSTSECONDARY EDUCATION | $992,609 |
Grants Recieved
Over the last fiscal year, we have identified 22 grants that Gates Philanthropy Partners has recieved totaling $17,611,605.
| Awarding Organization | Amount |
|---|---|
Chan Zuckerberg Initiative Foundation Palo Alto, CA PURPOSE: CARDIOVASCULAR HEALTH AND INFRASTRUCTURE INITIATIVE | $15,000,000 |
Chan Zuckerberg Initiative Foundation Palo Alto, CA PURPOSE: PATHOGEN IDENTIFICATION AND TRACKING | $1,004,000 |
Bill & Melinda Gates Foundation Seattle, WA PURPOSE: GENERAL OPERATING SUPPORT - IN KIND | $762,556 |
Dr Scholl Foundation Northbrook, IL PURPOSE: GLOBAL COVID-19 VACCINES | $200,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $130,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $119,402 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knight Foundation Beaverton, OR | $3,232,383,420 | $1,963,443,063 |
Amazonsmile Foundation Seattle, WA | $32,322,159 | $94,115,479 |
Gates Philanthropy Partners Seattle, WA | $58,428,866 | $30,155,547 |
Paul G Allen Family Foundation Seattle, WA | $0 | $45,218,114 |
Friday Foundation Medina, WA | $32,805,393 | $16,602 |
Rasmuson Foundation Anchorage, AK | $851,377,242 | $102,826,089 |
J A & Kathryn Albertson Foundation Inc Boise, ID | $0 | $34,850,275 |
Intel Foundation Hillsboro, OR | $50,440,341 | $47,262 |
Roots And Wings Foundation Inc Seattle, WA | $315,937,030 | $249,888,695 |
Schultz Family Foundation Seattle, WA | $463,519,339 | $158,807,992 |
The Lemelson Foundation Portland, OR | $488,510,181 | $33,726,014 |
Norcliffe Foundation Seattle, WA | $18,121,640 | $25,144,033 |