Donald R Ray & Betty M Ray College is a private foundation focused on Education, based in HUTCHINSON, KS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 19 grants totaling $162K. Net investment income was $110K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.8M
-1.7% YoY
Annual Giving
$162K
+122.4% YoY
Grant Count
19
+90.0% YoY
Avg Grant Size
$9K
+17.1% YoY
Under IRS private-foundation payout rules, Donald R Ray & Betty M Ray College reported a distributable amount of $186K for 2024 — the minimum it must pay out in qualifying distributions.
About Donald R Ray & Betty M Ray College
Based on IRS filings
Donald R Ray & Betty M Ray College is a private foundation focused on Education, based in HUTCHINSON, KS. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.8M in total assets. In 2024, it awarded 19 grants totaling $162K. Net investment income was $110K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,802,130 | $3,868,199 | $4,011,286 |
| Revenue | $113,347 | $-54,671 | $35,665 |
| Expenses | $179,403 | $88,416 | $286,125 |
| Qualifying Distributions | $173,444 | $83,749 | $264,849 |
| Net Investment Income | $109,659 | $80,520 | $52,779 |
| Distributable Amount | $186,006 | $172,884 | $183,944 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
52 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Champlain College ($33,584), Liberty University ($17,904), Reagan Huggins ($13,228).
| Recipient | Purpose | Amount |
|---|---|---|
| BAILEY MYRICK PLEASANTON, KS | SCHOLARSHIP | $7,012 |
| BRYAN COOK LYNCHBURG, VA | SCHOLARSHIP | $2,200 |
| CALEB SECREST PLEASANTON, KS | SCHOLARSHIP | $3,850 |
| CHAMPLAIN COLLEGE BURLINGTON, VT | SCHOLARSHIPS FOR VARIOUS STUDENTS | $33,584 |
| DONIPHAN MEIK HUTCHINSON, KS | SCHOLARSHIP | $9,800 |
| EMMA BYRD LEES SUMMIT, MO | SCHOLARSHIP | $4,800 |
| EMPORIA STATE UNIVERSITY EMPORIA, KS | SCHOLARSHIP | $8,369 |
| ERYN SABINE HUTCHINSON, KS | SCHOLARSHIP | $9,800 |
| FLINT HILLS TECHNICAL COLLEGE EMPORIA, KS | SCHOLARSHIPS FOR VARIOUS STUDENTS | $2,261 |
| JUDAH SKIPPER HUTCHINSON, KS | SCHOLARSHIP | $4,200 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| FIRST NATIONAL BANK | TRUSTEE | 1 | $14,337 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Donald R Ray & Betty M Ray College?
Donald R Ray & Betty M Ray College is a private foundation focused on Education, based in HUTCHINSON, KS. It holds $3.8M in total assets as of 2024.
How large is Donald R Ray & Betty M Ray College?
As of 2024, Donald R Ray & Betty M Ray College holds $3.8M in total assets with $113K in annual revenue. It awarded 19 grants totaling $162K in 2024.
Where does Donald R Ray & Betty M Ray College operate?
Donald R Ray & Betty M Ray College has awarded grants in Kansas, Missouri, Texas, Virginia, Vermont.
What size grants does Donald R Ray & Betty M Ray College award?
In 2024, Donald R Ray & Betty M Ray College awarded 19 grants totaling $162K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Donald R Ray & Betty M Ray College required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Donald R Ray & Betty M Ray College reported a distributable amount of $186K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Donald R Ray & Betty M Ray College's EIN?
Donald R Ray & Betty M Ray College's EIN (Employer Identification Number) is 85-6284698. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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