Avrum Gray Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKBROOK TERRACE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.1M in total assets. In 2024, it awarded 1 grants totaling $535K. Net investment income was $654K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$18.1M
+0.8% YoY
Annual Giving
$535K
+25.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$535K
+25.1% YoY
Under IRS private-foundation payout rules, Avrum Gray Family Fund reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.
About Avrum Gray Family Fund
Based on IRS filings
Avrum Gray Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKBROOK TERRACE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $18.1M in total assets. In 2024, it awarded 1 grants totaling $535K. Net investment income was $654K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $18,117,335 | $17,977,837 | $17,748,575 |
| Revenue | $688,490 | $668,359 | $286,713 |
| Expenses | $548,992 | $439,097 | $699,901 |
| Qualifying Distributions | $548,992 | $439,097 | $699,901 |
| Net Investment Income | $653,989 | $638,505 | $276,150 |
| Distributable Amount | $1,007,248 | $919,446 | $948,469 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached Schedule ($534,791).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED SCHEDULE CHICAGO, IL | SEE ATTACHED SCHEDULE | $534,791 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AVRUM GRAY | V.P., TREAS | — | — |
| JAMES GRAY | Vice Pres. | — | — |
| LORI GRAY FAVERSHAM | President | — | — |
| MATTHEW GRAY | VICE PRES. | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Avrum Gray Family Fund?
Avrum Gray Family Fund is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in OAKBROOK TERRACE, IL. It holds $18.1M in total assets as of 2024.
How large is Avrum Gray Family Fund?
As of 2024, Avrum Gray Family Fund holds $18.1M in total assets with $688K in annual revenue. It awarded 1 grants totaling $535K in 2024.
Where does Avrum Gray Family Fund operate?
Avrum Gray Family Fund has awarded grants in Illinois.
What size grants does Avrum Gray Family Fund award?
In 2024, Avrum Gray Family Fund awarded 1 grants totaling $535K — an average of about $535K per grant, based on its IRS Form 990 filings.
How much is Avrum Gray Family Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Avrum Gray Family Fund reported a distributable amount of $1.0M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Avrum Gray Family Fund's EIN?
Avrum Gray Family Fund's EIN (Employer Identification Number) is 20-1533159. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Avrum Gray Family Fund's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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