Gates Family Foundation
Private foundation Denver, CO gatesfamilyfoundation.org Still adding venture funds
Gates Family Foundation reports 17 venture funds, $75M in all.
Holdings are from its Form 990-PF return for the year ending December 31, 2025, compared with the one for December 31, 2024. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: its newest venture fund is a 2023 vintage, within 3 years of 2025.
The numbers
| Vintage | Venture funds |
|---|---|
| 2019 | 1 |
| 2020 | 1 |
| 2021 | 1 |
| 2022 | 2 |
| 2023 | 1 |
Updates from Gates Family Foundation
Largest venture holdings
From its Form 990-PF return for the year ending December 31, 2025; “New” is a fund that wasn’t on the return before it.
| Fund, as reported | Manager | Vintage | Year-end value |
|---|---|---|---|
| Owl Ventures IV | Owl Ventures | 2020 | $3M |
| Blackhorn Ventures Ind Impact Emerging manager | Blackhorn Ventures Management, LLC | — | $2.6M |
| Blackhorn Ventures Industrial Imp II Emerging manager | Blackhorn Ventures Management, LLC | — | $1.3M |
| Reach IV | Reach Management, LLC | — | $1.1M |
| Reach II | Reach Management, LLC | — | $900K |
In the app: 12 more venture funds, 8 funds of funds, the 3 firms it pays to manage or advise on its investments. Open Gates Family Foundation in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- Colorado Public Employees' Retirement Association (Colorado PERA)
- Gary Philanthropy
- Sturm Family Foundation
- The Colorado Health Foundation
- Boettcher Foundation
- Bow River Capital Evergreen Fund
- Song Foundation
- Adolph Coors Foundation
43 LPs within 100 miles in all: see them on the map.
About this data
Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of December 31, 2025; new holdings are those not on its return for the year ending December 31, 2024. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.