Private foundation · Richmond, VA

Red Gates Foundation

View org profile →Find similar funders →Invitation only
Typical grant size
$75K – $250K – $1.0M
25th · median · 75th percentile
Unique recipients
25
Repeat grantees
15
funded 2+ years

Application procedures · from 2024 990-PF

Leadership · from 2024 990-PF

William H Goodwin Jr
CHAIRMAN
Matthew T Goodwin
VICE CHAIRMAN
Richard J Higgerson
BOARD MEMBER
James a Jones
TREASURER

Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.

Payout rate · TY 2024
4.4%
grants paid ÷ assets · ~5% IRS minimum
'20
'21
'22
'23
'24
71
Total grants awarded
$142.9M
Total amount
$2.0M
Average grant
$47.2M
Largest grant

Giving by year

2024
$67.3M
33 grants
2023
$71.9M
26 grants
2022
$3.3M
7 grants
2021
$60K
2 grants
2020
$360K
3 grants

Top recipients

2 grants · VA · ✓ Exact match
$68.1M
2 grants · VA · ✓ Exact match
$22.5M
2 grants · VA · ✓ Exact match
$10.4M
3 grants · VA · ✓ Exact match
$5.8M
1 grant · MO · ✓ Exact match
$5.0M
Darden School
3 grants · VA
$5.0M
1 grant · VA · ✓ Exact match
$3.5M
2 grants · VA · ✓ Exact match
$3.2M
2 grants · TN · ✓ Exact match
$3.0M
2 grants · VA · ✓ Exact match
$2.8M

Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.

Recent grants · most recent filings first

Commonwealth Foundation for Cancer Research
GENERAL SUPPORT
VA · TY 2024
$20.8M
Anna Julia Cooper School
GENERAL SUPPORT
VA · TY 2024
$10.2M
Virginia Tech Foundation Inc
GENERAL SUPPORT
VA · TY 2024
$10.0M
Concordance
GENERAL SUPPORT
MO · TY 2024
$5.0M
YWCA Richmond
GENERAL SUPPORT
VA · TY 2024
$3.5M
Liberation Veteran Services
GENERAL SUPPORT
VA · TY 2024
$2.4M
Vanderbilt University Medical Center
GENERAL SUPPORT
TN · TY 2024
$2.0M
Darden School
GENERAL SUPPORT
VA · TY 2024
$2.0M
Focused Ultrasound Foundation
GENERAL SUPPORT
VA · TY 2024
$2.0M
Ronald Mcdonaold House Charities of Richmond
GENERAL SUPPORT
VA · TY 2024
$1.4M
Richmond Fisher House Foundation
GENERAL SUPPORT
VA · TY 2024
$1.1M
Northstar Academy
GENERAL SUPPORT
VA · TY 2024
$1.0M
Crossover Healthcare Ministry
GENERAL SUPPORT
VA · TY 2024
$1.0M
New Schools for Virginia Corporation
GENERAL SUPPORT
VA · TY 2024
$850K
Cristo Rey
GENERAL SUPPORT
VA · TY 2024
$600K
First Tee-greater Richmond
GENERAL SUPPORT
VA · TY 2024
$500K
American Corporate Partners
GENERAL SUPPORT
NY · TY 2024
$400K
Commonwealth Autism
GENERAL SUPPORT
VA · TY 2024
$375K
Patrick Henry School of Science and Arts
GENERAL SUPPORT
VA · TY 2024
$300K
Elijah House Academy
GENERAL SUPPORT
VA · TY 2024
$256K
First Tee Charleston
GENERAL SUPPORT
SC · TY 2024
$250K
Operation Patriots Fob
GENERAL SUPPORT
SC · TY 2024
$250K
Virginia Literacy Foundation
GENERAL SUPPORT
VA · TY 2024
$250K
Goochland Cares
GENERAL SUPPORT
VA · TY 2024
$250K
Sports Backers
GENERAL SUPPORT
VA · TY 2024
$225K
St Andrews School
GENERAL SUPPORT
VA · TY 2024
$100K
American Red Cross
GENERAL SUPPORT
VA · TY 2024
$100K
Uprva
GENERAL SUPPORT
VA · TY 2024
$100K
Virginia Museum of History & Culture
GENERAL SUPPORT
VA · TY 2024
$100K
Swimrva
GENERAL SUPPORT
VA · TY 2024
$50K
Community Coalition of Sussex
GENERAL SUPPORT
VA · TY 2024
$50K
Cirque Lodge Foundation
GENERAL SUPPORT
UT · TY 2024
$25K
James River Association
GENERAL SUPPORT
VA · TY 2024
$20K
Commonwealth Foundation for Cancer Research
GENERAL SUPPORT
VA · TY 2023
$47.2M
Virginia Tech Foundation
GENERAL SUPPORT
VA · TY 2023
$12.5M
Northstar Academy
GENERAL SUPPORT
VA · TY 2023
$3.5M
Darden School
GENERAL SUPPORT
VA · TY 2023
$2.0M
Crossover Healthcare Ministry
GENERAL SUPPORT
VA · TY 2023
$1.0M
Vanderbilt University Medical Center
GENERAL SUPPORT
TN · TY 2023
$1.0M
Focused Ultrasound Foundation
GENERAL SUPPORT
VA · TY 2023
$789K
Liberation Veteran Services
GENERAL SUPPORT
VA · TY 2023
$784K
Cristo Rey
GENERAL SUPPORT
IL · TY 2023
$600K
New Schools for Virginia
GENERAL SUPPORT
VA · TY 2023
$500K
First Tee Greater Richmond
GENERAL SUPPORT
VA · TY 2023
$500K
Up Rva
GENERAL SUPPORT
VA · TY 2023
$250K
St Joseph's Villa
GENERAL SUPPORT
VA · TY 2023
$250K
Elijah House Academy
GENERAL SUPPORT
VA · TY 2023
$225K
Anna Julia Cooper School
GENERAL SUPPORT
VA · TY 2023
$188K
Virginia Museum of History and Culture
GENERAL SUPPORT
VA · TY 2023
$100K
St Andrews School
GENERAL SUPPORT
VA · TY 2023
$100K

Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.