Mount Rainier above forested ridges in Washington

Form 990-PFTax year 2024EIN 91-1663695

Gates Foundation Trust

A private foundation in Kirkland, WA. Its return for tax year 2024 lists 2 grants and $7.1 billion 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

    $7,069,122,007

    Grants listed
    2
    Assets, end of year
    $77,564,446,975
  • Tax year 2023

    $6,708,165,428

    Grants listed
    2
    Assets, end of year
    $75,530,745,576
  • Tax year 2022

    $6,126,232,500

    Grants listed
    2
    Assets, end of year
    $67,972,986,359
  • Tax year 2021

    $5,518,530,000

    Grants listed
    2
    Assets, end of year
    $53,927,171,316
  • Tax year 2020

    $5,849,455,600

    Grants listed
    2
    Assets, end of year
    $50,996,163,488

Grants paid in 2024

2 grants, largest first

As listed on the return.

  1. Gates FoundationSeattle, WA

    To fund the charitable purposes of the foundation

    $8,096,000,000
  2. Gates FoundationSeattle, WA

    Portion of grants paid treated as a distribution of corpus under treas. Reg. 53.4942(a)-3

    -$1,026,877,993

Where the money goes

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

  1. Philanthropy and grantmaking2 grants $7,069,122,007100% of the total

By State

Grants to organizations with a US address, latest year.

  1. Washington2 grants $7,069,122,007

Officers, directors and trustees

5 people as filed

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

  • William H Gates IIITRUSTEE AND CEO Hours 5Pay $0
  • Melinda French Gates End 10012024TRUSTEE Hours 5Pay $0
  • Carolyn AinslieCHIEF FINANCIAL OFFICER Hours 4Pay $0
  • Keith TraverseSECRETARY Hours 1Pay $0
  • Lauren BrightASSISTANT SECRETARY Hours 1Pay $0

The return

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