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    3. Red Gates Foundation

    Red Gates Foundation

    ActivePhilanthropy & Voluntarism
    RICHMOND, VA8046434200
    EIN (Tax ID): 30-1201296Latest Form 990:

    About Red Gates Foundation

    The Red Gates Foundation concentrates its giving in Virginia—especially Richmond and Blacksburg—through very large, often repeat, transformative grants. Major commitments steer toward cancer and specialized medical research, along with substantial support for K–12 schools (including independent/charter and school-startup efforts) and higher-education institutions. Smaller but notable support goes to veteran homeless services and local youth/student services. Overall the pattern reads as strategic, high-dollar local philanthropy likely driven by a private/family donor with sustained interests in health and education.

    Giving Approach

    Concentrated giving with a few very large, multi-million-dollar and repeat grants to select major institutions; mix of transformational single gifts and recurring support

    Funding Style

    unrestricted/general operating supportcore operating supportflexible fundingorganization-wide capacity/resilience

    Notable grantees: Commonwealth Foundation for Cancer Research, Virginia Tech Foundation, Anna Julia Cooper School, Northstar Academy, Liberation Veteran Services

    Topics

    cross-cutting nonprofit supportorganizational infrastructure

    About Red Gates Foundation

    Red Gates Foundation’s recent giving is defined by unusually large support for cancer research in Richmond, including two seven-figure-plus general-support grants to Commonwealth Foundation for Cancer Research in 2024 and 2025. That pattern sits alongside major commitments to education and medical institutions, showing a funder that backs a small number of Virginia-based organizations at a very high level. The foundation’s recent grants include multi-million-dollar support for Virginia Tech Foundation in Blacksburg, Anna Julia Cooper School in Richmond, and Darden School in Charlottesville. General support is the dominant grant purpose in the recent record, which points to flexible funding rather than project-specific awards. The size of the commitments suggests a foundation that works through large institutional grants and often returns to the same recipients across multiple years. Alongside health and education, its portfolio also reaches veteran services, healthcare access, and school-startup efforts, but the most visible thread is sustained, high-dollar support for organizations in Virginia.

    What Red Gates Foundation Funds

    Cancer research is the clearest theme in the recent record. Red Gates Foundation gave $47,226,852 in 2024 and $20,840,729 in 2025 to Commonwealth Foundation for Cancer Research, both for general support. Education is another major area: the foundation awarded $12,500,000 to Virginia Tech Foundation in 2024 and $10,000,000 in 2025, again as general support, and also gave $10,200,000 to Anna Julia Cooper School in 2025. Higher education appears in Charlottesville as well, with Darden School receiving $2,036,000 in 2024 and $1,964,000 in 2025. Outside those core areas, the foundation gave $2,372,100 to Liberation Veteran Services for general support, linking the grant program to veteran homeless services.

    How Red Gates Foundation Gives

    Red Gates Foundation’s typical grant size is large: the 25th percentile is $50,000, the median is $225,000, and the 75th percentile is $789,371. The recent record is heavily weighted toward general support, which appears across the grants list as the stated purpose. Repeat awards are common; several recipients appear in more than one year, including Commonwealth Foundation for Cancer Research, Virginia Tech Foundation, Darden School, Crossover Healthcare Ministry, and Liberation Veteran Services. The foundation does not fund individuals and makes no program-related investments. Its public profile fits a private or family-style grantmaker using direct institutional grants rather than smaller, open application awards.

    Financial Snapshot

    Annual Giving

    $28.8M

    Total Assets

    $1.5B

    Total Revenue

    $79.3M

    Total Expenses

    $38.4M

    Typical Grant Size

    Most grants fall between $50K and $789K, with a median of $225K.

    25th Percentile

    $50K

    Median

    $225K

    75th Percentile

    $789K

    Geographic Reach

    Local4 states funded

    About 88% of grants go to recipients in VA.

    Funding intensity
    Low
    High
    Headquarters

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    Privacy PolicyTerms of ServiceSystem Status
    2025
    Total assets: $1.5B
    3 filings on record
    Find their full 990 filing →
    See If You're a Fit — FreeFree account · instant fit score · similar funders
    administrative and overhead funding

    Where Red Gates Foundation Makes Grants

    Giving is overwhelmingly concentrated in Virginia, which accounts for 88% of grants and is the top state by grant count. Richmond is the most visible city in the recent grants list, with awards to Commonwealth Foundation for Cancer Research, Anna Julia Cooper School, YWCA Richmond, Liberation Veteran Services, Ronald McDonald House Charities of Richmond, Richmond Fisher House Foundation, Crossover Healthcare Ministry, New Schools for Virginia Corporation, and First Tee Greater Richmond. Blacksburg also appears repeatedly through Virginia Tech Foundation. Outside Virginia, recent grants include Charlotteville, Nashville, Chicago, and St. Louis, but the recipient country distribution is entirely U.S.-based.

    Frequently Asked Questions About Red Gates Foundation

    What sizes of grants does Red Gates Foundation usually make?

    The foundation’s typical grant size is substantial: the 25th percentile is $50,000, the median is $225,000, and the 75th percentile is $789,371. The recent list also includes several multi-million-dollar awards, showing a wide range within a generally high-dollar giving pattern.

    Does Red Gates Foundation give repeat grants to the same organizations?

    Yes. Several recipients appear across multiple years, including Commonwealth Foundation for Cancer Research in 2024 and 2025, Virginia Tech Foundation in 2024 and 2025, Darden School in 2023, 2024, and 2025, and Crossover Healthcare Ministry in 2024 and 2025.

    What kinds of organizations does Red Gates Foundation support?

    The recent grants point to cancer research, education, higher education, veteran services, healthcare access, and school-startup or school-support work. Named recipients include Commonwealth Foundation for Cancer Research, Virginia Tech Foundation, Anna Julia Cooper School, Liberation Veteran Services, and Crossover Healthcare Ministry.

    Where does Red Gates Foundation give most often?

    Virginia is the main recipient state, with 88% of grants going to recipients in Virginia. Richmond appears most often in the recent grants list, followed by Blacksburg and Charlottesville.

    What type of support does Red Gates Foundation provide?

    The recent grants are described as general support throughout the list. That pattern shows up across large awards to research, education, and service organizations, suggesting flexible funding rather than project-specific grants.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    COMMONWEALTH FOUNDATION FOR CANCER RESEARCHRICHMOND, VA$20,840,7292025GENERAL SUPPORT
    ANNA JULIA COOPER SCHOOLRICHMOND, VA$10,200,0002025GENERAL SUPPORT
    VIRGINIA TECH FOUNDATION INCBLACKSBURG, VA$10,000,0002025GENERAL SUPPORT
    CONCORDANCESTL LOUIS, MO$5,000,0002025GENERAL SUPPORT
    YWCA RICHMONDRICHMOND, VA$3,500,0002025GENERAL SUPPORT
    LIBERATION VETERAN SERVICESRICHMOND, VA$2,372,1002025GENERAL SUPPORT
    VANDERBILT UNIVERSITY MEDICAL CENTERNASHVILLE, TN$2,000,0002025GENERAL SUPPORT
    DARDEN SCHOOLCHARLOTTESVILLE, VA$1,964,0002025GENERAL SUPPORT
    FOCUSED ULTRASOUND FOUNDATIONCHARLOTTESVILLE, VA$1,960,6292025GENERAL SUPPORT
    RONALD MCDONAOLD HOUSE CHARITIES OF RICHMONDRICHMOND, VA$1,350,0002025GENERAL SUPPORT
    RICHMOND FISHER HOUSE FOUNDATIONRICHMOND, VA$1,100,0002025GENERAL SUPPORT
    NORTHSTAR ACADEMYRICHMOND, VA$1,000,0002025GENERAL SUPPORT
    CROSSOVER HEALTHCARE MINISTRYRICHMOND, VA$1,000,0002025GENERAL SUPPORT
    NEW SCHOOLS FOR VIRGINIA CORPORATIONRICHMOND, VA$850,0002025GENERAL SUPPORT
    CRISTO REYRICHMOND, VA$600,0002025GENERAL SUPPORT
    FIRST TEE-GREATER RICHMONDRICHMOND, VA$500,0002025GENERAL SUPPORT
    AMERICAN CORPORATE PARTNERSNEW YORK, NY$400,0002025GENERAL SUPPORT
    COMMONWEALTH AUTISMRICHMOND, VA$375,0002025GENERAL SUPPORT
    PATRICK HENRY SCHOOL OF SCIENCE AND ARTSRICHMOND, VA$300,0002025GENERAL SUPPORT
    ELIJAH HOUSE ACADEMYRICHMOND, VA$256,2272025GENERAL SUPPORT
    FIRST TEE CHARLESTONMOUNT PLEASANT, SC$250,0002025GENERAL SUPPORT
    VIRGINIA LITERACY FOUNDATIONRICHMOND, VA$250,0002025GENERAL SUPPORT
    OPERATION PATRIOTS FOBOKATIE, SC$250,0002025GENERAL SUPPORT
    GOOCHLAND CARESGOOCHLAND, VA$250,0002025GENERAL SUPPORT
    SPORTS BACKERSRICHMOND, VA$225,0002025GENERAL SUPPORT
    UPRVARICHMOND, VA$100,0002025GENERAL SUPPORT
    AMERICAN RED CROSSRICHMOND, VA$100,0002025GENERAL SUPPORT
    ST ANDREWS SCHOOLRICHMOND, VA$100,0002025GENERAL SUPPORT
    VIRGINIA MUSEUM OF HISTORY & CULTURERICHMOND, VA$100,0002025GENERAL SUPPORT
    SWIMRVARICHMOND, VA$50,0002025GENERAL SUPPORT
    COMMUNITY COALITION OF SUSSEXSTONY CREEK, VA$50,0002025GENERAL SUPPORT
    CIRQUE LODGE FOUNDATIONOREM, UT$25,0002025GENERAL SUPPORT
    JAMES RIVER ASSOCIATIONRICHMOND, VA$20,0002025GENERAL SUPPORT
    COMMONWEALTH FOUNDATION FOR CANCER RESEARCHRICHMOND, VA$47,226,8522024GENERAL SUPPORT
    VIRGINIA TECH FOUNDATIONBLACKSBURG, VA$12,500,0002024GENERAL SUPPORT
    NORTHSTAR ACADEMYGLEN ALLEN, VA$3,500,0002024GENERAL SUPPORT
    DARDEN SCHOOLCHARLOTTESVILLE, VA$2,036,0002024GENERAL SUPPORT
    CROSSOVER HEALTHCARE MINISTRYRICHMOND, VA$1,000,0002024GENERAL SUPPORT
    VANDERBILT UNIVERSITY MEDICAL CENTERNASHVILLE, TN$1,000,0002024GENERAL SUPPORT
    FOCUSED ULTRASOUND FOUNDATIONCHARLOTTESVILLE, VA$789,3712024GENERAL SUPPORT
    LIBERATION VETERAN SERVICESRICHMOND, VA$783,9312024GENERAL SUPPORT
    CRISTO REYCHICAGO, IL$600,0002024GENERAL SUPPORT
    NEW SCHOOLS FOR VIRGINIARICHMOND, VA$500,0002024GENERAL SUPPORT
    FIRST TEE GREATER RICHMONDRICHMOND, VA$500,0002024GENERAL SUPPORT
    UP RVARICHMOND, VA$250,0002024GENERAL SUPPORT
    ST JOSEPH'S VILLARICHMOND, VA$250,0002024GENERAL SUPPORT
    ELIJAH HOUSE ACADEMYRICHMOND, VA$225,0002024GENERAL SUPPORT
    ANNA JULIA COOPER SCHOOLRICHMOND, VA$187,5002024GENERAL SUPPORT
    SPORTS BACKERSRICHMOND, VA$100,0002024GENERAL SUPPORT
    ST ANDREWS SCHOOLRICHMOND, VA$100,0002024GENERAL SUPPORT

    COMMONWEALTH FOUNDATION FOR CANCER RESEARCH

    $20,840,729
    RICHMOND, VA2025

    GENERAL SUPPORT

    ANNA JULIA COOPER SCHOOL

    $10,200,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    VIRGINIA TECH FOUNDATION INC

    $10,000,000
    BLACKSBURG, VA2025

    GENERAL SUPPORT

    CONCORDANCE

    $5,000,000
    STL LOUIS, MO2025

    GENERAL SUPPORT

    YWCA RICHMOND

    $3,500,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    LIBERATION VETERAN SERVICES

    $2,372,100
    RICHMOND, VA2025

    GENERAL SUPPORT

    VANDERBILT UNIVERSITY MEDICAL CENTER

    $2,000,000
    NASHVILLE, TN2025

    GENERAL SUPPORT

    DARDEN SCHOOL

    $1,964,000
    CHARLOTTESVILLE, VA2025

    GENERAL SUPPORT

    FOCUSED ULTRASOUND FOUNDATION

    $1,960,629
    CHARLOTTESVILLE, VA2025

    GENERAL SUPPORT

    RONALD MCDONAOLD HOUSE CHARITIES OF RICHMOND

    $1,350,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    RICHMOND FISHER HOUSE FOUNDATION

    $1,100,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    NORTHSTAR ACADEMY

    $1,000,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    CROSSOVER HEALTHCARE MINISTRY

    $1,000,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    NEW SCHOOLS FOR VIRGINIA CORPORATION

    $850,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    CRISTO REY

    $600,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    FIRST TEE-GREATER RICHMOND

    $500,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    AMERICAN CORPORATE PARTNERS

    $400,000
    NEW YORK, NY2025

    GENERAL SUPPORT

    COMMONWEALTH AUTISM

    $375,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    PATRICK HENRY SCHOOL OF SCIENCE AND ARTS

    $300,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    ELIJAH HOUSE ACADEMY

    $256,227
    RICHMOND, VA2025

    GENERAL SUPPORT

    FIRST TEE CHARLESTON

    $250,000
    MOUNT PLEASANT, SC2025

    GENERAL SUPPORT

    VIRGINIA LITERACY FOUNDATION

    $250,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    OPERATION PATRIOTS FOB

    $250,000
    OKATIE, SC2025

    GENERAL SUPPORT

    GOOCHLAND CARES

    $250,000
    GOOCHLAND, VA2025

    GENERAL SUPPORT

    SPORTS BACKERS

    $225,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    UPRVA

    $100,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    AMERICAN RED CROSS

    $100,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    ST ANDREWS SCHOOL

    $100,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    VIRGINIA MUSEUM OF HISTORY & CULTURE

    $100,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    SWIMRVA

    $50,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    COMMUNITY COALITION OF SUSSEX

    $50,000
    STONY CREEK, VA2025

    GENERAL SUPPORT

    CIRQUE LODGE FOUNDATION

    $25,000
    OREM, UT2025

    GENERAL SUPPORT

    JAMES RIVER ASSOCIATION

    $20,000
    RICHMOND, VA2025

    GENERAL SUPPORT

    COMMONWEALTH FOUNDATION FOR CANCER RESEARCH

    $47,226,852
    RICHMOND, VA2024

    GENERAL SUPPORT

    VIRGINIA TECH FOUNDATION

    $12,500,000
    BLACKSBURG, VA2024

    GENERAL SUPPORT

    NORTHSTAR ACADEMY

    $3,500,000
    GLEN ALLEN, VA2024

    GENERAL SUPPORT

    DARDEN SCHOOL

    $2,036,000
    CHARLOTTESVILLE, VA2024

    GENERAL SUPPORT

    CROSSOVER HEALTHCARE MINISTRY

    $1,000,000
    RICHMOND, VA2024

    GENERAL SUPPORT

    VANDERBILT UNIVERSITY MEDICAL CENTER

    $1,000,000
    NASHVILLE, TN2024

    GENERAL SUPPORT

    FOCUSED ULTRASOUND FOUNDATION

    $789,371
    CHARLOTTESVILLE, VA2024

    GENERAL SUPPORT

    LIBERATION VETERAN SERVICES

    $783,931
    RICHMOND, VA2024

    GENERAL SUPPORT

    CRISTO REY

    $600,000
    CHICAGO, IL2024

    GENERAL SUPPORT

    NEW SCHOOLS FOR VIRGINIA

    $500,000
    RICHMOND, VA2024

    GENERAL SUPPORT

    FIRST TEE GREATER RICHMOND

    $500,000
    RICHMOND, VA2024

    GENERAL SUPPORT

    UP RVA

    $250,000
    RICHMOND, VA2024

    GENERAL SUPPORT

    ST JOSEPH'S VILLA

    $250,000
    RICHMOND, VA2024

    GENERAL SUPPORT

    ELIJAH HOUSE ACADEMY

    $225,000
    RICHMOND, VA2024

    GENERAL SUPPORT

    ANNA JULIA COOPER SCHOOL

    $187,500
    RICHMOND, VA2024

    GENERAL SUPPORT

    SPORTS BACKERS

    $100,000
    RICHMOND, VA2024

    GENERAL SUPPORT

    ST ANDREWS SCHOOL

    $100,000
    RICHMOND, VA2024

    GENERAL SUPPORT