Private foundation (trust)EIN 631159873Est. 1996-07

THE RAY FOUNDATION

BIRMINGHAM, AL 35213

Accepts unsolicited proposals

Total Assets

$908K

FY 2024

Annual Giving

$30K

FY 2024

Grants Made

8

FY 2024

Avg Grant

$4K

FY 2024

Grant Range

$400–$10K

Typical

Deadlines

July 31 of each year

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$39K

Total Expenses

$40K

Qualifying Distributions

$30K

Distributable Amount

$40K

Min. Investment Return

$40K

Undistributed Income

$35K

Payout rate 75%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.75%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

8 grants

Grant sizes from minimum $400 through median $3K to maximum $10K, 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 2018 to 2024. Peak $30K in 2024. Hover bars for details.

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

Top Recipients

15 grants

UNITED WAY OF CENTRAL ALABAMA
$30K
3 grants
CHILDREN'S HOSPITAL
$15K
2 grants
CHILDREN'S HARBOR
$15K
3 grants
MOUNTAIN BROOK CITY SCHOOLS
$10K
1 grant
PARKINSON ASSN OF ALABAMA
$7K
1 grant
INDEPENDENT PRESBYTERIAN CHURCH
$3K
1 grant
ST JUDE'S CHILDREN'S HOSPITAL
$1K
1 grant
YMCA - MOUNTAIN BROOK
$1K
1 grant

Grant Size Distribution

15 grants

<$10K
15
grants
$10–50K
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

4 states

Alabama
$81K
98% of total
Tennessee
$1K
1% of total
New York
$500
1% of total
Illinois
$400
0% of total

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THE RAY FOUNDATION — Grants, Financials & Contact | Grantivo