The Tennessee State Capitol

Form 990-PFTax year 2024EIN 62-1266284

The Bill Gatton Foundation

A private foundation in Bristol, TN. Its return for tax year 2024 lists 9 grants and $27.1 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

Accepts applications

The return gives an application contact and rules, as below.

Contact
Billgattonfoundationjpmorgancom
C/o JPMorgan Chase Bank NA 390, Madison Avenue 14th Fl
New York, NY 10017
(212) 464-2334
Form and materials
No official application. Grant requests should outline the needs and the purposes to which the funds will be utilized.
Deadlines
None
Restrictions
The only restriction is that the contribution must be made to an organization, within the united states or any of its possessions, for purposes described in section 501 (c) (3) of the internal revenue code, including religious, charitable, educational, scientific, testing for public safety, literacy or prevention of cruelty to children or animals.

Assets and giving by year

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

    $27,136,856

    Grants listed
    9
    Assets, end of year
    $930,727,219
  • Tax year 2023

    $9,045,000

    Grants listed
    5
    Assets, end of year
    $876,404,389
  • Tax year 2022

    $11,000,000

    Grants listed
    1
    Assets, end of year
    $172,403,888
  • Tax year 2021

    $10,033,200

    Grants listed
    11
    Assets, end of year
    $172,195,015
  • Tax year 2020

    $7,324,100

    Grants listed
    11
    Assets, end of year
    $95,629,812
  • Tax year 2019

    $7,216,550

    Grants listed
    8
    Assets, end of year
    $96,079,009

Grants paid in 2024

9 grants, largest first

As listed on the return.

  1. University of KentuckyLexington, KY

    Education

    $13,200,000
  2. King UniversityBristol, TN

    Education

    $5,574,796
  3. Alice Lloyd CollegePippa Passes, KY

    Education

    $4,000,000
  4. Virginia Highlands Community College Educational FoundationAbingdon, VA

    Education

    $2,000,000
  5. University of Virginia College at WiseWise, VA

    Education

    $1,800,000
  6. McClean County Public SchoolsCalhoun, KY

    Education

    $265,000
  7. Bristol Tennessee City SchoolsBristol, TN

    Education

    $150,000
  8. United Way of BristolBristol, TN

    To support the mission of the organization

    $103,608
  9. Appalachian Literacy InitiativeBristol, TN

    Education

    $43,452

Where the money goes

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

  1. Education3 grants $11,574,796100% of the total
  2. Arts and culture1 grant $43,452<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. Kentucky3 grants $17,465,000
  2. Tennessee4 grants $5,871,856
  3. Virginia2 grants $3,800,000

Officers, directors and trustees

2 people as filed

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

  • Danny L DunnTRUSTEE Hours 40Pay $650,000
  • Robert PeelTRUSTEE & EXECUTIVE DIRECTOR Hours 40Pay $450,000

The return

More foundations

Similar foundations

Same main cause (education), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. Bill and Crissy Haslam FoundationKnoxville, TN 159 grants Preselected only $16,803,169 giving
  2. The Ayers Foundation TrustParsons, TN 36 grants Accepts applications $10,774,103 giving
  3. The Boyd FoundationKnoxville, TN 60 grants Accepts applications $9,414,140 giving
  4. Scarlett Family FoundationNashville, TN 258 grants Accepts applications $9,210,731 giving
  5. Nmi FoundationChattanooga, TN 3 grants Preselected only $9,027,000 giving