Gray Charitable Trust is a private foundation based in New York, NY, established in 1999. The trust operates as a 501(c)(3) organization with no employees and functions exclusively through grant payments to qualified charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$25.1M
+6.1% YoY
Annual Giving
$703K
-19.7% YoY
Grant Count
21
-16.0% YoY
Avg Grant Size
$33K
-4.5% YoY
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Science and STEM education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Arts
Grantmaking
Grant Range
$2,000–$200,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Pennsylvania, Maryland, and Maine.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total assets: $25,057,645
- Total revenues: $4,011,943
- Total expenses: $2,578,472
- Investment income and dividends: $2,016,710
- Net gain from sale of non-inventory assets: $1,995,233
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $25,057,645 | $23,624,134 | $22,309,405 |
| Revenue | $4,011,943 | $2,886,575 | $3,569,821 |
| Expenses | $2,578,472 | $1,567,194 | $1,798,682 |
| Qualifying Distributions | $784,556 | $953,083 | $854,680 |
| Net Investment Income | $2,266,527 | $2,405,787 | $2,625,819 |
| Distributable Amount | $1,055,300 | $1,036,222 | $1,018,520 |
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
138 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The trust is managed by three trustees:
- Kenneth B Gray Jr.
- Doreen H Gray
- Kimberley H Gray
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENNETH B GRAY JR | EXECUTIVE TRUSTEE | 5 | — |
| DOREEN H GRAY | TRUSTEE | 5 | — |
| KIMBERLEY H GRAY | TRUSTEE | 5 | — |
| MERIDITH L GRAY | TRUSTEE | 5 | — |
| SAMUEL M GAWTHROP JR | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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