The Gates Cambridge Trust
The Gates Cambridge Trust reported $18.1 million in revenue and $17.6 million in expenses for the fiscal year ending July 31, 2025. Of every $100 it spent, $90.39 went to program services, $9.61 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 99.8% of the total. The highest compensation it reported for one person was $128,767 (Director of Finance and Operations). 2 people received more than $100,000 in reportable compensation. Revenue rose 32% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending July 31, 2025 · Form 990, Part IX, line 25 · total expenses $18MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending July 31, 2025 · Form 990, Part VIII · total revenue $18MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 90.4% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 9.6% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.1% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $128,767 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.73% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 2 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 316.1 | 6.8 |
| Independent voting board members Part VI 1a–1b | 10 of 10 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Director of Finance and Operations Officer, 35.0 hrs/week | $128,767 | $0 | $0 | $128,767 |
| Provost Officer, 17.5 hrs/week | $103,241 | $0 | $0 | $103,241 |
2 people received more than $100,000 in reportable compensation from The Gates Cambridge Trust (Part VII, line 2). Compensation of current officers, directors and key employees totaled $231K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b10 · 10 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 510
- Volunteers Part I, line 636
Correct a figure or respond
Every number above is copied from The Gates Cambridge Trust's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Gates Cambridge Trust, you can publish a response that is linked from this page.
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Of every $100 The Gates Cambridge Trust spent in FY2025, $90.39 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of The Gates Cambridge Trust's spending goes to programs?
In the fiscal year ending July 31, 2025, The Gates Cambridge Trust reported that 90.4% of its $17.6 million in expenses went to program services, 9.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Gates Cambridge Trust pay its top executive?
The largest total compensation The Gates Cambridge Trust reported for one person in the fiscal year ending July 31, 2025 was $128,767, for the role of Director of Finance and Operations (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Gates Cambridge Trust get its money?
Of $18.1 million in revenue in the fiscal year ending July 31, 2025, 0.1% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is The Gates Cambridge Trust a registered charity?
The IRS lists EIN 98-0335263 as a 501(c)(3) organization (supporting organization (509(a)(3))). Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending July 31, 2025, object 202611639349301186 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending July 31, 2024, object 202541429349300124 · read the filing
- FY2023: Form 990 for the fiscal year ending July 31, 2023, object 202421559349300417 · read the filing
- FY2022: Form 990 for the fiscal year ending July 31, 2022, object 202331459349300503 · read the filing
- FY2021: Form 990 for the fiscal year ending July 31, 2021, object 202201659349300635 · read the filing
- FY2020: Form 990 for the fiscal year ending July 31, 2020, object 202222249349301842 · read the filing
All filings for EIN 98-0335263: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.