Private foundation (trust)EIN 471408100Est. 2014-11

GRAY FOUNDATION

ALBANY, NY 122123953

Total Assets

$366.7M

FY 2024

Annual Giving

$45.5M

FY 2024

Grants Made

146

FY 2024

Avg Grant

$312K

FY 2024

Grant Range

$500–$13.9M

Typical

Deadlines

Applications

Programs & Activities

Program 1

The foundation does not engage in any direct charitable activities; rather, it accomplishes its exempt function and charitable purpose through grant payments to irc section 501(c)(3) qualified charities.

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$82.0M

Total Expenses

$49.3M

Qualifying Distributions

$48.8M

Distributable Amount

$16.2M

Min. Investment Return

$16.6M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

146 grants

Grant sizes from minimum $500 through median $50K to maximum $13.9M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2022 to 2024. Peak $95.1M in 2022. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

500 grants

THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA
$55.1M
27 grants
NYC KIDS RISE INC
$25.0M
7 grants
DANA-FARBER CANCER INSTITUTE
$9.2M
14 grants
NEW YORK UNIVERSITY
$9.0M
8 grants
PRESIDENT AND FELLOWS OF HARVARD COLLEGE
$7.7M
20 grants
UNITED NEGRO COLLEGE FUND INC
$6.3M
8 grants
MGH (MASSACHUSETTS GENERAL HOSPITAL)
$6.0M
10 grants
YALE UNIVERSITY
$4.9M
7 grants

Grant Size Distribution

500 grants

<$10K
43
grants
$10–50K
142
grants
$50–250K
173
grants
$250K–1M
118
grants
$1–5M
21
grants
$5M+
3
grants

Geographic Focus

18 states

New York
$74.7M
40% of total
Pennsylvania
$55.1M
30% of total
Massachusetts
$28.8M
16% of total
District of Columbia
$8.4M
5% of total
Connecticut
$5.1M
3% of total
Maryland
$3M
2% of total
Texas
$2.9M
2% of total
Minnesota
$2M
1% of total
Illinois
$1.7M
1% of total
Ohio
$1.3M
1% of total

+8 more states

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GRAY FOUNDATION — Grants, Financials & Contact | Grantivo