The Virginia State Capitol

Form 990-PFTax year 2024EIN 30-1201296

Red Gates Foundation

A private foundation in Richmond, VA. Its return for tax year 2024 lists 33 grants and $67.3 million paid in grants.

Tax year 2024 (period ending Dec 31, 2024), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $67,338,685

    Grants listed
    33
    Assets, end of year
    $1,521,801,051
  • Tax year 2023

    $71,871,654

    Grants listed
    26
    Assets, end of year
    $1,367,916,776
  • Tax year 2022

    $3,278,773

    Grants listed
    7
    Assets, end of year
    $1,405,364,412
  • Tax year 2021

    $60,000

    Grants listed
    2
    Assets, end of year
    $255,620
  • Tax year 2020

    $360,000

    Grants listed
    3
    Assets, end of year
    $13,754

Grants paid in 2024

33 grants, largest first

As listed on the return.

  1. Commonwealth Foundation for Cancer ResearchRichmond, VA

    General support

    $20,840,729
  2. Anna Julia Cooper SchoolRichmond, VA

    General support

    $10,200,000
  3. Virginia Tech Foundation IncBlacksburg, VA

    General support

    $10,000,000
  4. ConcordanceSaint Louis, MO

    General support

    $5,000,000
  5. YWCA RichmondRichmond, VA

    General support

    $3,500,000
  6. Liberation Veteran ServicesRichmond, VA

    General support

    $2,372,100
  7. Vanderbilt University Medical CenterNashville, TN

    General support

    $2,000,000
  8. Darden SchoolCharlottesville, VA

    General support

    $1,964,000
  9. Focused Ultrasound FoundationCharlottesvle, VA

    General support

    $1,960,629
  10. Ronald McDonaold House Charities of RichmondRichmond, VA

    General support

    $1,350,000
  11. Richmond Fisher House FoundationRichmond, VA

    General support

    $1,100,000
  12. Crossover Healthcare MinistryRichmond, VA

    General support

    $1,000,000
  13. Northstar AcademyGlen Allen, VA

    General support

    $1,000,000
  14. New Schools for Virginia CorporationRichmond, VA

    General support

    $850,000
  15. Cristo ReyRichmond, VA

    General support

    $600,000
  16. First Tee-Greater RichmondRichmond, VA

    General support

    $500,000
  17. American Corporate PartnersNew York, NY

    General support

    $400,000
  18. Commonwealth AutismRichmond, VA

    General support

    $375,000
  19. Patrick Henry School of Science and ArtsRichmond, VA

    General support

    $300,000
  20. Elijah House AcademyRichmond, VA

    General support

    $256,227
  21. First Tee CharlestonMount Pleasant, SC

    General support

    $250,000
  22. Goochland CaresGoochland, VA

    General support

    $250,000
  23. Operation Patriots FobBluffton, SC

    General support

    $250,000
  24. Virginia Literacy FoundationRichmond, VA

    General support

    $250,000
  25. Sports BackersRichmond, VA

    General support

    $225,000
  26. American Red CrossRichmond, VA

    General support

    $100,000
  27. St Andrews SchoolRichmond, VA

    General support

    $100,000
  28. UprvaRichmond, VA

    General support

    $100,000
  29. Virginia Museum of History & CultureRichmond, VA

    General support

    $100,000
  30. Community Coalition of SussexStony Creek, VA

    General support

    $50,000
  31. SwimrvaRichmond, VA

    General support

    $50,000
  32. Cirque Lodge FoundationOrem, UT

    General support

    $25,000
  33. James River AssociationRichmond, VA

    General support

    $20,000

Approved for future payment

16 grants

Approved in 2024 and not yet paid.

  1. Commonwealth Foundation for Cancer ResearchRichmond, VA

    General support

    $47,016,438
  2. Virginia Tech Foundation IncBlacksburg, VA

    General support

    $27,500,000
  3. The Virginia HomeRichmond, VA

    General support

    $25,000,000
  4. ConcordanceSaint Louis, MO

    General support

    $7,500,000
  5. Anna Julia Cooper SchoolRichmond, VA

    General support

    $4,000,000
  6. Vanderbilt University Medical CenterNashville, TN

    General support

    $2,000,000
  7. First Tee-Greater RichmondRichmond, VA

    General support

    $500,000
  8. New Schools for VirginiaRichmond, VA

    General support

    $399,999
  9. Sports BackersRichmond, VA

    General support

    $300,000
  10. St Andrews SchoolRichmond, VA

    General support

    $300,000
  11. Virginia Museum of History and CultureRichmond, VA

    General support

    $300,000
  12. Virginia Literacy FoundationRichmond, VA

    General support

    $250,000
  13. SwimrvaRichmond, VA

    General support

    $150,000
  14. Cirque Lodge FoundationOrem, UT

    General support

    $75,000
  15. James River AssociationRichmond, VA

    General support

    $60,000
  16. Community Coalition of SussexStony Creek, VA

    General support

    $50,000

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education8 grants $22,725,00037% of the total
  2. Medical research1 grant $20,840,72934% of the total
  3. Crime and legal aid1 grant $5,000,0008% of the total
  4. Human services3 grants $5,000,0008% of the total
  5. Health3 grants $4,335,6297% of the total
  6. Housing and shelter1 grant $2,372,1004% of the total
  7. 3 other causes3 grants $370,000<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Virginia27 grants $59,413,685
  2. Missouri1 grant $5,000,000
  3. Tennessee1 grant $2,000,000
  4. South Carolina2 grants $500,000
  5. New York1 grant $400,000
  6. Utah1 grant $25,000

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • William H Goodwin JrCHAIRMAN Hours 1Pay $0
  • Matthew T GoodwinVICE CHAIRMAN Hours 1Pay $0
  • Richard J HiggersonBOARD MEMBER Hours 1Pay $0

The return

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