Gates Philanthropy Partners

Nonprofit profile at a glance

EIN
473290897
IRS 990 coverage
2016–2024
Forms available
Form 990 2024, Form 990-N 2015
Location
Seattle, WA, USA
Phone
2067093100
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Private Grantmaking Foundations

Official website

Reported finances

Revenue
$20,676,943
Expenses
$64,090,106
Assets
$85,487,717
Liabilities
$9,651,452

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • ROBERT ROSEN (EXECUTIVE DIRECTOR (END 6/2024))
  • STEVE DAVIS (EXECUTIVE DIRECTOR (START 8/2024))

Highest reported compensation

  • ALLAN GOLSTON (BOARD CHAIR (END 6/2024), DIRECTOR): $1,099,523 total reported compensation
  • GARGEE GHOSH (BOARD CHAIR (START 6/2024), DIRECTOR): $1,066,321 total reported compensation
  • ROBERT ROSEN (EXECUTIVE DIRECTOR (END 6/2024)): $686,798 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of gates philanthropy partners is to work in partnership with the gates foundation and philanthropists to promote global development, global health, and u.s. Education through grantmaking and the direct conduct of charitable activities.

What it reported doing in 2024

Gates philanthropy partners (gpp) leverages the deep programmatic expertise and administrative infrastructure of its sole member, gates foundation (the foundation) to deploy donor contributions to support strong, existing foundation-funded projects where additional funds can achieve immediate impact. Gpp projects focus on core themes of the foundation, such as eliminating diseases, cutting childhood deaths in half, accelerating progress for women and girls, and furthering innovation in us educaction. By leveraging the foundation's program and financial expertise, gpp can evaluate project outcomes, analyze impact, and measure progress in an effort to end inequity and imrove the lives of the world's poorest people. Gpp's approach to grantmaking emphasizes collaboration, innovation, evaluation, and, most importantly, results.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 70
  • Accountability: 52
  • Sustainability: 32
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.7%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 6th percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: 5 of 8 controls in place; rating input score 62
    • Claims monitoring procedures: Pass
    • Requires narrative reports: Pass
    • Conducts field audits: Fail
    • May suspend future funding: Fail
    • Requires financial reports: Pass
    • Conducts site visits: Fail
    • Requires grant agreements: Pass
    • May require repayment: Pass
  • Grant itemization coverage: 100%; rating input score 100; 43rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 33.3%; rating input score 33; 7th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -210%; rating input score 0; 0th percentile among comparable filings
  • Total-asset coverage ratio: 1.33; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.11; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 87; 87th percentile among comparable filings

Growth

  • Program expense growth: 18.9% per year; rating input score 100; 89th percentile among comparable filings
  • Revenue growth: 16.1% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 30.8% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.7% of spending went to programs
  • Governance: 1 of 3 board members independent · 7 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $63.9M in reported program spending
  • Leadership: top reported pay $1.1M · 8 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $355K reported
  • Consistency: 22 of 23 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 8 filing years from 2016 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 19 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Accountability: Independent voting board scored 33/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Sustainability: Operating margin scored 0/100.
  • Review — Transparency & Controls: Foreign activity oversight: 3 of 8 not reported.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.