#240 of 500 · Foundation / Grantmaker / DAF

The Bill Gatton Foundation

EIN 62-1266284 · TN · NTEE n/a · Form 990-PF, fiscal 2023

A private foundation based in Bristol, Tennessee, honoring the legacy of businessman and philanthropist Carol Martin 'Bill' Gatton. It awards grants to organizations supporting education, healthcare and medical treatment, and regional economic and social opportunity, with a geographic focus on Kentucky, Upper East Tennessee and Southwest Virginia. The foundation contributed roughly $9 million in grants in 2023.

Financials, fiscal 2023

Revenue

$664.2M

Expenses

$11.0M

Total assets

$876.4M

Net assets

$876.4M

Operating margin

98.4%

1-year growth

2733.3%

5-year growth (CAGR)

146.5%

Reserve (years of spending)

958.0

Contributions share

103.6%

Programme spending

n/a

Fundraising cost

n/a

Executive pay share

5.12%

Employees

n/a

Revenue per employee

n/a

Grants paid

n/a

Years filing

36

NFP Health Score: 79 / 100

Financial 67 · Governance 85 · Operational 100. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

The Bill Gatton Foundation is dedicated to perpetuating the ideals and generous legacy of Bill Gatton by supporting organizations that foster meaningful educational opportunities, effective healthcare and medical treatments, and a thriving region of Kentucky, Upper East Tennessee, and Southwest Virginia with expanded access to social and economic success.

Revenue history