The Bill Gatton Foundation is located in Bristol, TN. The organization was established in 1987. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bill Gatton Foundation 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 11/2020, Bill Gatton Foundation generated $24.0m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 41.0% each year . All expenses for the organization totaled $7.5m during the year ending 11/2020. While expenses have increased by 26.3% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bill Gatton Foundation has awarded 19 individual grants totaling $14,540,650. 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank Winston Trustee | 0.5 | $0 | |
Danny L Dunn Trustee | 15 | $0 | |
C M Gatton Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $20,000,000 |
Interest on Savings | $59,819 |
Dividends & Interest | $3,492,151 |
Profit on Inventory Sales | $0 |
Other Income | $360 |
Total Revenue | $23,969,446 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $50,000 |
Pension plans, employee benefits | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Total operating and administrative expenses | $252,958 |
Contributions, gifts, grants paid | $7,216,550 |
Total expenses and disbursements | $7,469,508 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,949,022 |
Investments—mortgage loans | $0 |
Investments—other | $20,451,031 |
Other assets | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Over the last fiscal year, The Bill Gatton Foundation has awarded $7,324,100 in support to 11 organizations.
Grant Recipient | Amount |
---|---|
UNIVERSITY OF KENTUCKY PURPOSE: EDUCATIONAL | $5,400,000 |
Bowling Green, KY PURPOSE: EDUCATIONAL | $1,200,000 |
KENTUCKY FFA FOUNDATION INC PURPOSE: EDUCATIONAL | $300,000 |
Rochester, MN PURPOSE: EDUCATIONAL | $200,000 |
ALICE LLOYD COLLEGE PURPOSE: EDUCATIONAL | $200,000 |
UNITED WAY OF BRISTOL TN-VA PURPOSE: CHARITABLE | $14,000 |
Organization Name | Assets | Revenue |
---|---|---|
Christian Medical & Dental Society Bristol, TN | $23,493,559 | $15,260,039 |
Tostan Inc Alexandria, VA | $25,433,067 | $32,796,076 |
The Family Health International Foundation Durham, NC | $209,852,985 | -$28,169,505 |
The Bill Gatton Foundation Bristol, TN | $0 | $23,969,446 |
Management Technologies International Inc Newnan, GA | $8,681,139 | $7,735,276 |
Curamericas Global Inc Raleigh, NC | $1,269,317 | $7,228,870 |
A M G International Chattanooga, TN | $17,555,584 | $9,364,805 |
Spirit Of America Worldwide Arlington, VA | $11,674,125 | $9,682,917 |
Africas Childrens Fund Inc Atlanta, GA | $1,359,595 | $6,304,288 |
Baptist Medical & Dental Mission International Inc Hattiesburg, MS | $5,144,542 | $6,135,444 |
Remote Area Medical Rockford, TN | $17,905,708 | $7,264,096 |
Outreach International Kansas City, MO | $4,310,238 | $3,767,343 |