Private foundation (trust)EIN 810288819Est. 1963-11

RAY FOUNDATION INC

NAPLES, FL 34104

Accepts unsolicited proposals

Total Assets

$241.2M

FY 2022

Annual Giving

$10.3M

FY 2022

Grants Made

54

FY 2022

Avg Grant

$190K

FY 2022

Grant Range

$5K–$2.5M

Typical

Deadlines

See attached statement 12

Applications

Financial Snapshot

2022 filing

Total Revenue

$7.3M

Total Expenses

$11.8M

Qualifying Distributions

$11.3M

Distributable Amount

$10.7M

Min. Investment Return

$10.8M

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

54 grants

Grant sizes from minimum $5K through median $50K to maximum $2.5M, 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 2017 to 2022. Peak $10.9M in 2020. Hover bars for details.

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

Top Recipients

110 grants

AOPA AIR SAFETY FOUNDATION
$8.4M
6 grants
WINGS OVER THE ROCKIES
$2.6M
4 grants
EXPERIMENTAL AIRCRAFT ASSOCIATION
$2.3M
3 grants
EAA AVIATION FOUNDATION INC
$1.9M
3 grants
AEROSPACE CENTER FOR EXCELLENCE
$1.3M
5 grants
PEARL HARBOR AVIATION MUSEUM
$725K
3 grants
CIVIL AIR PATROL FOUNDATION
$671K
3 grants
THE IMMOKALEE FOUNDATION
$550K
2 grants

Grant Size Distribution

110 grants

<$10K
16
grants
$10–50K
44
grants
$50–250K
33
grants
$250K–1M
9
grants
$1–5M
8
grants
$5M+

Geographic Focus

23 states

Maryland
$8.4M
35% of total
Wisconsin
$4.2M
17% of total
Florida
$4.1M
17% of total
Colorado
$3.3M
14% of total
North Dakota
$878K
4% of total
Hawaii
$725K
3% of total
Alabama
$671K
3% of total
Texas
$497K
2% of total
Michigan
$275K
1% of total
Tennessee
$207K
1% of total

+13 more states

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