The Bill Gatton Foundation
EIN 621266284 Private FoundationTotal Given 2020–2024
$61.7M
34 grants · $12.3M avg/year
based on 5 yrs of IRS 990-PF records on file
$10M+/yr
major funder
capacity
$127K
typical big bets · $11K–$1.9M
grant size
32%
supporter · 7/22 multi-year
repeat
$1.1B
Assets (2024)
22
Distinct Recipients
Focus Areas
Application Information
Accepts Unsolicited Proposals
Unknown
Contact Person
Frank Winston Trustee
Phone
(423) 764-5121
Deadlines
None
How to Apply
No official application; Outline as to needs and what purpose funds will be used.
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.
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2020 | $7.2M | $170.8M | $24.0M | 8 |
| 2021 | $7.3M | $226.6M | $10.3M | 11 |
| 2022 | $11.0M | $191.9M | $10.9M | 1 |
| 2023 | $9.0M | $901.8M | $664.2M | 5 |
| 2024 | $27.1M | $1.1B | $97.5M | 9 |
Grant Size Distribution
Based on 34 grants on record
Minimum
$50
25th Pctl
$11K
Median
$127K
Average
$1.8M
75th Pctl
$1.9M
Maximum
$13.2M
Geographic Distribution
Officers & Directors
Grants Awarded (34 total)
| Purpose | ||||
|---|---|---|---|---|
| University of Kentucky | Lexington, KY | $13,200,000 | EDUCATION | 2024 |
| University of Kentucky | Lexington, KY | $11,000,000 | EDUCATION | 2022 |
| University of Kentucky | Lexington, KY | $6,900,000 | Educational | 2020 |
| King University | Bristol, TN | $5,574,796 | EDUCATION | 2024 |
| University of Kentucky | Lexington, KY | $5,400,000 | Educational | 2021 |
| University of Kentucky | Lexington, KY | $5,000,000 | EDUCATION | 2023 |
| King University | Bristol, TN | $4,000,000 | EDUCATION | 2023 |
| Alice Lloyd College | Pippa Passes, KY | $4,000,000 | EDUCATION | 2024 |
| Virginia Highlands Community College Educational Foundation | Abingdon, VA | $2,000,000 | EDUCATION | 2024 |
| University of Virginia College at Wise | Wise, VA | $1,800,000 | EDUCATION | 2024 |
| Western Kentucky University Foundat | Bowling Green, KY | $1,200,000 | Educational | 2021 |
| Kentucky FFA Foundation Inc | Flemingsburg, KY | $300,000 | Educational | 2021 |
| McClean County Public Schools | Calhoun, KY | $265,000 | EDUCATION | 2024 |
| Mayo Clinic | Rochester, MN | $200,000 | Educational | 2020 |
| Mayo Clinic | Rochester, MN | $200,000 | Educational | 2021 |
| Alice Lloyd College | Pippa Passes, KY | $200,000 | Educational | 2021 |
| Bristol Tennessee City Schools | Bristol, TN | $150,000 | EDUCATION | 2024 |
| United Way of Bristol | Bristol, TN | $103,608 | TO SUPPORT THE MISSION OF THE ORGANIZATION | 2024 |
| Oak Hill Academy | Mouth of Wilson, VA | $50,000 | Educational | 2020 |
| Middle Tennessee State Univ Foundat | Murfreesboro, TN | $50,000 | Educational | 2020 |
| Appalachian Literacy Initiative | Bristol, TN | $43,452 | EDUCATION | 2024 |
| United Way of Bristol TNVA | Bristol, TN | $21,000 | ANNUAL CAMPAIGN | 2023 |
| United Way of Bristol TN-VA | Bristol, TN | $14,000 | Charitable | 2020 |
| United Way of Bristol TN-VA | Bristol, TN | $14,000 | Charitable | 2021 |
| United Way of Bristol TNVA | Bristol, TN | $14,000 | ANNUAL CAMPAIGN | 2023 |
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