Funder DirectoryIRVING S RAY & ADA H RAY MEMORIAL FUND
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Private foundation (trust)EIN 016059686Est. 2020-08

IRVING S RAY & ADA H RAY MEMORIAL FUND

PORTLAND, ME 041120031

Total Assets

$786K

FY 2023

Annual Giving

$35K

FY 2023

Grants Made

5

FY 2023

Avg Grant

$7K

FY 2023

Grant Range

$300–$18K

Typical

Deadlines

Applications

Focus Areas

Private Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$27K

Total Expenses

$46K

Qualifying Distributions

$36K

Distributable Amount

$36K

Min. Investment Return

$36K

Undistributed Income

$36K

Payout rate 99%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.99%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

5 grants

Grant sizes from minimum $300 through median $6K to maximum $18K, 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

4 years

Giving over time from 2020 to 2023. Peak $39K in 2022. Hover bars for details.

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

Top Recipients

20 grants

TOWN OF GOULDSBORO
$69K
4 grants
NORTHERN LIGHT MAINE COAST HOSPITAL
$23K
4 grants
MOUNT DESERT ISLAND HOSPITAL
$23K
4 grants
SHRINERS HOSPITALS FOR CHILDREN
$23K
4 grants
PROSPECT HARBOR METHODIST CHURCH
$1K
4 grants

Grant Size Distribution

20 grants

<$10K
16
grants
$10–50K
4
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

Maine
$116K
84% of total
Florida
$17K
13% of total
Georgia
$5K
4% of total

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IRVING S RAY & ADA H RAY MEMORIAL FUND — Grants, Financials & Contact | Grantivo