The Bill Gatton Foundation is a private trust based in BRISTOL, TN. The foundation received its IRS ruling in 1987. It holds total assets of $930.7M. Annual income is reported at $328.6M. According to available records, The Bill Gatton Foundation has made 20 grants totaling $28.2M, with a median grant of $50K. Annual giving has grown from $7.2M in 2020 to $21M in 2022. Individual grants have ranged from $50 to $11M, with an average award of $1.4M. The foundation has supported 18 unique organizations. The foundation primarily supports organizations in Kentucky, Virginia, Tennessee, which account for 90% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
The Bill Gatton Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in KY, VA, TN.
The Bill Gatton Foundation has distributed a total of $28.2M across 20 grants. The median grant size is $50K, with an average of $1.4M. Individual grants have ranged from $50 to $11M.
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.
The Bill Gatton Foundation is headquartered in BRISTOL, TN. While based in TN, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Danny L Dunn | TRUSTEE | $75K | $0 | $75K |
| Frank Winston | TRUSTEE | $75K | $0 | $75K |
| C M Gatton | TRUSTEE | $0 | $0 | $0 |
Total Giving
$11M
Total Assets
$876.4M
Fair Market Value
$901.8M
Net Worth
$876.4M
Grants Paid
$9M
Contributions
$688.1M
Net Investment Income
$19.3M
Distribution Amount
$33.1M
Total: $810.7M
Total Grants
20
Total Giving
$28.2M
Average Grant
$1.4M
Median Grant
$50K
Unique Recipients
18
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckyEDUCATION | Lexington, KY | $11M | 2022 |
| United WaySALVATION ARMY, CHILDREN'S ADV CTR, BOYS & GIRLS CLUB, HAVEN OF REST | Bristol, TN | $14K | 2022 |
| First Christian ChurchGENERAL SUPPORT | Ashland, KY | $1K | 2022 |
| Emory & Henry CollegeIN SUPPORT OF THE EQUESTRIAN PROGRAM | Emory, VA | $2M | 2022 |
| 2020 | 990PF | View |
| Bethlehem Baptist ChurchTO SUPPORT A NEW BUILDING AND REPLACEMENT STATUE |
| Greensburg, KY |
| $1.3M |
| 2022 |
| United Way Of Bristol EndowmentGENERAL SUPPORT | Bristol, TN | $1M | 2022 |
| Letcher County Public SchoolsTO SUPPORT REPLACEMENT BUILDING AND LIBRARY EQUIPMENT | Whitesburg, KY | $300K | 2022 |
| Bristol Tn City Schools FoundationTO SUPPORT TEACHER GRANTS WITHIN SCHOOL SYSTEM | Bristol, TN | $50K | 2022 |
| Appalachian Literacy InitiativeGENERAL SUPPORT | Bristol, TN | $6K | 2022 |
| Asbury UniversityGENERAL SUPPORT | Wilmore, KY | $2K | 2022 |
| Barnstable Brown Diabetic CenterGENERAL SUPPORT | Lexington, KY | $1K | 2022 |
| Mayo ClinicEducational | Rochester, MN | $200K | 2020 |
| Middle Tennessee State Univ FoundatEducational | Murfreesboro, TN | $50K | 2020 |
| Oak Hill AcademyEducational | Mouth Of Wilson, VA | $50K | 2020 |
| United Way Of Bristol Tn-VaCharitable | Bristol, TN | $14K | 2020 |
| Virginia Tech UniversityEducational | Blacksburg, VA | $2K | 2020 |
| Alzheimer'S AssociationCharitable | Chicago, IL | $500 | 2020 |
| Homeland Baptist ChurchCharitable | Kingsport, TN | $50 | 2020 |
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